NEDRE HJELLEGATE 11 AS

3920 PORSGRUNN

Finances

Share Ownership

Return on Equity

46,98 %

Current Ratio

1,84

Debt-to-Equity Ratio

5,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 120 000	1 209 000	1 206 000	1 184 000
Net Income	389 000	533 000	456 000	503 000
Total Assets	5 592 000	5 084 000	4 686 000	4 925 000
Total Equity	828 000	832 000	827 000	866 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 120 000	1 209 000	1 206 000	1 184 000
Expenditure	459 000	378 000	455 000	426 000
Operating Profit	661 000	831 000	751 000	759 000
Financial Income	0	0	0	0
Financial Costs	162 000	148 000	167 000	114 000
Financial Balance	−162 000	−148 000	−167 000	−114 000
Earnings Before Tax	499 000	683 000	585 000	645 000
Tax	110 000	150 000	129 000	142 000
Net Income	389 000	533 000	456 000	503 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 576 000	4 574 000	4 553 000	4 790 000
Total Current Assets	1 017 000	510 000	133 000	135 000
Total Assets	5 592 000	5 084 000	4 686 000	4 925 000
Total Retained Equity	728 000	732 000	727 000	766 000
Total Equity	828 000	832 000	827 000	866 000
Total Long-Term Debt	4 211 000	3 384 000	3 094 000	2 736 000
Total Current Debt	553 000	867 000	766 000	1 323 000
Total Equity and Debt	5 592 000	5 084 000	4 686 000	4 925 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 120 000	1 209 000	1 206 000	1 184 000
Revenue	1 120 000	1 209 000	1 206 000	1 184 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	165 000	165 000	237 000	251 000
Impairment	0	0	0	0
Expenditure	459 000	378 000	455 000	426 000
Operating Profit	661 000	831 000	751 000	759 000
Financial Income	0	0	0	0
Financial Costs	162 000	148 000	167 000	114 000
Financial Balance	−162 000	−148 000	−167 000	−114 000
Dividends	0	0	0	0
Net Income	389 000	533 000	456 000	503 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 222 000	4 388 000	4 553 000	4 718 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	72 000
Total Tangible Assets	4 222 000	4 388 000	4 553 000	4 790 000
Total Fiancial Fixed Assets	353 000	187 000	0	0
Total Fixed Assets	4 576 000	4 574 000	4 553 000	4 790 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	8 000	135 000
Total Current Assets	1 017 000	510 000	133 000	135 000
Total Assets	5 592 000	5 084 000	4 686 000	4 925 000
Total Equity	828 000	832 000	827 000	866 000
Short-Term Group Debt	0	0	0	−40 000
Total Long-Term Debt	4 211 000	3 384 000	3 094 000	2 736 000
Creditors	0	8 000	5 000	564 000
Unpaid Taxes	49 000	184 000	125 000	106 000
Dividends	0	0	0	0
Other Current Debt	504 000	675 000	635 000	693 000
Total Current Debt	553 000	867 000	766 000	1 323 000
Total Equity and Debt	5 592 000	5 084 000	4 686 000	4 925 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,98 %	64,06 %	55,14 %	58,08 %
Debt-to-Equity Ratio	5,09	4,07	3,74	3,16
Operating Profit Margin	59,02 %	68,73 %	62,27 %	64,1 %
Current Ratio	1,84	0,59	0,17	0,1
Quick Ratio	1,84	0,59	0,17	0,1
Equity Ratio	0,15	0,16	0,18	0,18
Gross Profit Margin	100 %	100 %	100 %	100 %