HARM INVEST AS

8960 VELFJORD

Finances

Share Ownership

Return on Equity

36,06 %

Current Ratio

1,4

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	718 000	1 006 000	681 000	868 000
Net Income	313 000	521 000	−118 000	−5 000
Total Assets	1 202 000	1 148 000	1 136 000	1 303 000
Total Equity	868 000	555 000	34 000	152 000

Income (NOK)	2022	2021	2020	2019
Revenue	718 000	1 006 000	681 000	868 000
Expenditure	389 000	459 000	760 000	841 000
Operating Profit	330 000	547 000	−78 000	27 000
Financial Income	0	0	0	0
Financial Costs	16 000	26 000	37 000	32 000
Financial Balance	−16 000	−26 000	−37 000	−32 000
Earnings Before Tax	313 000	521 000	−115 000	−5 000
Tax	0	0	3 000	0
Net Income	313 000	521 000	−118 000	−5 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 077 000	1 015 000	1 042 000	1 237 000
Total Current Assets	125 000	133 000	94 000	67 000
Total Assets	1 202 000	1 148 000	1 136 000	1 303 000
Total Retained Equity	768 000	454 000	−67 000	51 000
Total Equity	868 000	555 000	34 000	152 000
Total Long-Term Debt	245 000	533 000	706 000	949 000
Total Current Debt	89 000	60 000	396 000	202 000
Total Equity and Debt	1 202 000	1 148 000	1 136 000	1 303 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	70 000	0	0
Other Income	718 000	936 000	681 000	868 000
Revenue	718 000	1 006 000	681 000	868 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	18 000	196 000	197 000
Depreciation	33 000	46 000	207 000	295 000
Impairment	0	0	0	0
Expenditure	389 000	459 000	760 000	841 000
Operating Profit	330 000	547 000	−78 000	27 000
Financial Income	0	0	0	0
Financial Costs	16 000	26 000	37 000	32 000
Financial Balance	−16 000	−26 000	−37 000	−32 000
Dividends	0	0	0	0
Net Income	313 000	521 000	−118 000	−5 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 052 000	981 000	986 000	1 009 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	42 000	213 000
Total Tangible Assets	1 052 000	981 000	1 027 000	1 222 000
Total Fiancial Fixed Assets	25 000	34 000	15 000	15 000
Total Fixed Assets	1 077 000	1 015 000	1 042 000	1 237 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	80 000	100 000	57 000	57 000
Total Current Assets	125 000	133 000	94 000	67 000
Total Assets	1 202 000	1 148 000	1 136 000	1 303 000
Total Equity	868 000	555 000	34 000	152 000
Short-Term Group Debt	0	0	309 000	0
Total Long-Term Debt	245 000	533 000	706 000	949 000
Creditors	48 000	11 000	24 000	13 000
Unpaid Taxes	15 000	44 000	38 000	107 000
Dividends	0	0	0	0
Other Current Debt	26 000	6 000	22 000	82 000
Total Current Debt	89 000	60 000	396 000	202 000
Total Equity and Debt	1 202 000	1 148 000	1 136 000	1 303 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,06 %	93,87 %	−347,06 %	−3,29 %
Debt-to-Equity Ratio	0,28	0,96	20,76	6,24
Operating Profit Margin	45,96 %	54,37 %	−11,45 %	3,11 %
Current Ratio	1,4	2,22	0,24	0,33
Quick Ratio	1,4	2,22	0,24	0,33
Equity Ratio	0,72	0,48	0,03	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %