HARDANGERTUN EIGEDOM AS

5780 KINSARVIK

Finances

Return on Equity

13,4 %

Current Ratio

1,55

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 412 000	7 478 000	3 600 000	3 600 000
Net Income	2 933 000	3 076 000	29 000	280 000
Total Assets	29 206 000	34 708 000	28 644 000	29 556 000
Total Equity	21 890 000	19 407 000	16 385 000	16 388 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 412 000	7 478 000	3 600 000	3 600 000
Expenditure	3 150 000	2 799 000	3 061 000	2 616 000
Operating Profit	4 261 000	4 678 000	539 000	983 000
Financial Income	18 000	17 000	288 000	17 000
Financial Costs	334 000	441 000	507 000	577 000
Financial Balance	−316 000	−424 000	−219 000	−560 000
Earnings Before Tax	3 945 000	4 254 000	319 000	424 000
Tax	1 012 000	1 178 000	290 000	144 000
Net Income	2 933 000	3 076 000	29 000	280 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 973 000	22 586 000	20 181 000	22 401 000
Total Current Assets	6 233 000	12 122 000	8 463 000	7 156 000
Total Assets	29 206 000	34 708 000	28 644 000	29 556 000
Total Retained Equity	20 690 000	18 407 000	15 385 000	15 388 000
Total Equity	21 890 000	19 407 000	16 385 000	16 388 000
Total Long-Term Debt	3 298 000	10 597 000	11 614 000	12 123 000
Total Current Debt	4 019 000	4 704 000	645 000	1 045 000
Total Equity and Debt	29 206 000	34 708 000	28 644 000	29 556 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	7 412 000	7 478 000	3 600 000	3 600 000
Revenue	7 412 000	7 478 000	3 600 000	3 600 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 081 000	2 306 000	2 220 000	2 153 000
Impairment	0	0	0	0
Expenditure	3 150 000	2 799 000	3 061 000	2 616 000
Operating Profit	4 261 000	4 678 000	539 000	983 000
Financial Income	18 000	17 000	288 000	17 000
Financial Costs	334 000	441 000	507 000	577 000
Financial Balance	−316 000	−424 000	−219 000	−560 000
Dividends	450 000	0	0	0
Net Income	2 933 000	3 076 000	29 000	280 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	20 551 000	21 519 000	19 281 000	21 501 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 522 000	167 000	0	0
Total Tangible Assets	22 073 000	21 686 000	19 281 000	21 501 000
Total Fiancial Fixed Assets	900 000	900 000	900 000	900 000
Total Fixed Assets	22 973 000	22 586 000	20 181 000	22 401 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 078 000	11 555 000	4 112 000	7 035 000
Total Current Assets	6 233 000	12 122 000	8 463 000	7 156 000
Total Assets	29 206 000	34 708 000	28 644 000	29 556 000
Total Equity	21 890 000	19 407 000	16 385 000	16 388 000
Short-Term Group Debt	1 070 000	70 000	86 000	44 000
Total Long-Term Debt	3 298 000	10 597 000	11 614 000	12 123 000
Creditors	506 000	8 000	0	1 000
Unpaid Taxes	980 000	959 000	192 000	225 000
Dividends	450 000	0	0	0
Other Current Debt	0	2 504 000	86 000	505 000
Total Current Debt	4 019 000	4 704 000	645 000	1 045 000
Total Equity and Debt	29 206 000	34 708 000	28 644 000	29 556 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,4 %	15,85 %	0,18 %	1,71 %
Debt-to-Equity Ratio	0,15	0,55	0,71	0,74
Operating Profit Margin	57,49 %	62,56 %	14,97 %	27,31 %
Current Ratio	1,55	2,58	13,12	6,85
Quick Ratio	1,55	2,58	13,12	6,85
Equity Ratio	0,75	0,56	0,57	0,55
Gross Profit Margin	100 %	100 %	100 %	100 %