HOGSTVEIEN BORETTSLAG

2004 LILLESTRØM

Finances

Share Ownership

Return on Equity

−1,83 %

Current Ratio

1,84

Debt-to-Equity Ratio

−2,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 180 000	2 847 000	2 789 000	2 714 000
Net Income	154 000	709 000	606 000	−1 053 000
Total Assets	16 739 000	15 929 000	16 061 000	16 021 000
Total Equity	−8 422 000	−8 575 000	−9 284 000	−9 891 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 180 000	2 847 000	2 789 000	2 714 000
Expenditure	2 549 000	1 837 000	1 791 000	3 286 000
Operating Profit	631 000	1 009 000	998 000	−572 000
Financial Income	25 000	25 000	22 000	24 000
Financial Costs	503 000	325 000	413 000	505 000
Financial Balance	−478 000	−300 000	−391 000	−481 000
Earnings Before Tax	153 000	709 000	606 000	−1 053 000
Tax	0	0	0	0
Net Income	154 000	709 000	606 000	−1 053 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 762 000	15 464 000	15 464 000	15 464 000
Total Current Assets	977 000	465 000	597 000	557 000
Total Assets	16 739 000	15 929 000	16 061 000	16 021 000
Total Retained Equity	−8 426 000	8 580 000	9 289 000	9 895 000
Total Equity	−8 422 000	−8 575 000	−9 284 000	−9 891 000
Total Long-Term Debt	24 630 000	24 255 000	24 838 000	25 577 000
Total Current Debt	531 000	35 000	294 000	121 000
Total Equity and Debt	16 739 000	15 929 000	16 061 000	16 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 146 000	0	0	0
Other Income	34 000	2 847 000	2 789 000	2 714 000
Revenue	3 180 000	2 847 000	2 789 000	2 714 000
Cost of Goods Sold	0	0	0	0
Salary Costs	114 000	114 000	138 000	114 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 549 000	1 837 000	1 791 000	3 286 000
Operating Profit	631 000	1 009 000	998 000	−572 000
Financial Income	25 000	25 000	22 000	24 000
Financial Costs	503 000	325 000	413 000	505 000
Financial Balance	−478 000	−300 000	−391 000	−481 000
Dividends	0	0	0	0
Net Income	154 000	709 000	606 000	−1 053 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 250 000	15 250 000	15 250 000	15 250 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 250 000	15 250 000	15 250 000	15 250 000
Total Fiancial Fixed Assets	512 000	214 000	214 000	213 000
Total Fixed Assets	15 762 000	15 464 000	15 464 000	15 464 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	579 000	150 000	295 000	470 000
Total Current Assets	977 000	465 000	597 000	557 000
Total Assets	16 739 000	15 929 000	16 061 000	16 021 000
Total Equity	−8 422 000	−8 575 000	−9 284 000	−9 891 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 630 000	24 255 000	24 838 000	25 577 000
Creditors	515 000	14 000	294 000	120 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	16 000	21 000	0	1 000
Total Current Debt	531 000	35 000	294 000	121 000
Total Equity and Debt	16 739 000	15 929 000	16 061 000	16 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,83 %	−8,27 %	−6,53 %	10,65 %
Debt-to-Equity Ratio	−2,92	−2,83	−2,68	−2,59
Operating Profit Margin	19,84 %	35,44 %	35,78 %	−21,08 %
Current Ratio	1,84	13,29	2,03	4,6
Quick Ratio	1,84	13,29	2,03	4,6
Equity Ratio	−0,5	−0,54	−0,58	−0,62
Gross Profit Margin	100 %	100 %	100 %	100 %