HVERVENENGA BORETTSLAG

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

10,14 %

Current Ratio

2,32

Debt-to-Equity Ratio

1,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 049 000	2 878 000	2 745 000	2 809 000
Net Income	1 619 000	1 730 000	1 572 000	1 708 000
Total Assets	40 431 000	40 609 000	40 765 000	40 728 000
Total Equity	15 963 000	14 345 000	12 615 000	11 043 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 049 000	2 878 000	2 745 000	2 809 000
Expenditure	1 059 000	843 000	798 000	608 000
Operating Profit	1 795 000	1 870 000	1 786 000	2 026 000
Financial Income	11 000	11 000	12 000	15 000
Financial Costs	187 000	151 000	227 000	334 000
Financial Balance	−176 000	−140 000	−215 000	−319 000
Earnings Before Tax	586 000	715 000	722 000	923 000
Tax	0	0	0	0
Net Income	1 619 000	1 730 000	1 572 000	1 708 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 058 000	40 067 000	40 077 000	40 086 000
Total Current Assets	373 000	542 000	688 000	642 000
Total Assets	40 431 000	40 609 000	40 765 000	40 728 000
Total Retained Equity	15 960 000	14 342 000	12 611 000	11 040 000
Total Equity	15 963 000	14 345 000	12 615 000	11 043 000
Total Long-Term Debt	24 307 000	26 131 000	27 919 000	29 540 000
Total Current Debt	161 000	133 000	231 000	146 000
Total Equity and Debt	40 431 000	40 609 000	40 765 000	40 728 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 820 000	1 697 000	1 735 000	1 850 000
Revenue	3 049 000	2 878 000	2 745 000	2 809 000
Cost of Goods Sold	0	0	0	0
Salary Costs	70 000	64 000	67 000	70 000
Depreciation	10 000	10 000	10 000	3 000
Impairment	0	0	0	0
Expenditure	1 059 000	843 000	798 000	608 000
Operating Profit	1 795 000	1 870 000	1 786 000	2 026 000
Financial Income	11 000	11 000	12 000	15 000
Financial Costs	187 000	151 000	227 000	334 000
Financial Balance	−176 000	−140 000	−215 000	−319 000
Dividends	0	0	0	0
Net Income	1 619 000	1 730 000	1 572 000	1 708 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	39 995 000	39 995 000	39 995 000	39 995 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	39 995 000	39 995 000	39 995 000	39 995 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 058 000	40 067 000	40 077 000	40 086 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	171 000	431 000	529 000	533 000
Total Current Assets	373 000	542 000	688 000	642 000
Total Assets	40 431 000	40 609 000	40 765 000	40 728 000
Total Equity	15 963 000	14 345 000	12 615 000	11 043 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 307 000	26 131 000	27 919 000	29 540 000
Creditors	134 000	116 000	183 000	91 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	27 000	18 000	48 000	55 000
Total Current Debt	161 000	133 000	231 000	146 000
Total Equity and Debt	40 431 000	40 609 000	40 765 000	40 728 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,14 %	12,06 %	12,46 %	15,47 %
Debt-to-Equity Ratio	1,52	1,82	2,21	2,67
Operating Profit Margin	58,87 %	64,98 %	65,06 %	72,13 %
Current Ratio	2,32	4,08	2,98	4,4
Quick Ratio	2,32	4,08	2,98	4,4
Equity Ratio	0,39	0,35	0,31	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %