HVERVENBAKKEN BORETTSLAG

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

11,51 %

Current Ratio

6,11

Debt-to-Equity Ratio

1,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 588 000	4 371 000	3 940 000	3 883 000
Net Income	3 314 000	3 049 000	2 849 000	2 784 000
Total Assets	63 137 000	63 315 000	63 187 000	63 137 000
Total Equity	28 795 000	25 481 000	22 432 000	19 583 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 588 000	4 371 000	3 940 000	3 883 000
Expenditure	1 099 000	1 174 000	850 000	823 000
Operating Profit	3 446 000	3 157 000	3 013 000	3 051 000
Financial Income	20 000	21 000	24 000	32 000
Financial Costs	153 000	129 000	188 000	299 000
Financial Balance	−133 000	−108 000	−164 000	−267 000
Earnings Before Tax	854 000	638 000	824 000	893 000
Tax	0	0	0	0
Net Income	3 314 000	3 049 000	2 849 000	2 784 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	61 530 000	61 530 000	61 543 000	61 555 000
Total Current Assets	1 607 000	1 785 000	1 644 000	1 582 000
Total Assets	63 137 000	63 315 000	63 187 000	63 137 000
Total Retained Equity	28 791 000	25 476 000	22 428 000	19 578 000
Total Equity	28 795 000	25 481 000	22 432 000	19 583 000
Total Long-Term Debt	34 080 000	37 352 000	40 556 000	43 342 000
Total Current Debt	263 000	483 000	199 000	212 000
Total Equity and Debt	63 137 000	63 315 000	63 187 000	63 137 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 085 000	1 920 000	1 839 000	1 984 000
Revenue	4 588 000	4 371 000	3 940 000	3 883 000
Cost of Goods Sold	0	0	0	0
Salary Costs	131 000	123 000	123 000	125 000
Depreciation	0	13 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	1 099 000	1 174 000	850 000	823 000
Operating Profit	3 446 000	3 157 000	3 013 000	3 051 000
Financial Income	20 000	21 000	24 000	32 000
Financial Costs	153 000	129 000	188 000	299 000
Financial Balance	−133 000	−108 000	−164 000	−267 000
Dividends	0	0	0	0
Net Income	3 314 000	3 049 000	2 849 000	2 784 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	61 530 000	61 530 000	61 543 000	61 555 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	61 530 000	61 530 000	61 543 000	61 555 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	61 530 000	61 530 000	61 543 000	61 555 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 397 000	1 624 000	1 482 000	1 414 000
Total Current Assets	1 607 000	1 785 000	1 644 000	1 582 000
Total Assets	63 137 000	63 315 000	63 187 000	63 137 000
Total Equity	28 795 000	25 481 000	22 432 000	19 583 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	34 080 000	37 352 000	40 556 000	43 342 000
Creditors	225 000	463 000	177 000	155 000
Unpaid Taxes	2 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	36 000	20 000	23 000	57 000
Total Current Debt	263 000	483 000	199 000	212 000
Total Equity and Debt	63 137 000	63 315 000	63 187 000	63 137 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,51 %	11,97 %	12,7 %	14,22 %
Debt-to-Equity Ratio	1,18	1,47	1,81	2,21
Operating Profit Margin	75,11 %	72,23 %	76,47 %	78,57 %
Current Ratio	6,11	3,7	8,26	7,46
Quick Ratio	6,11	3,7	8,26	7,46
Equity Ratio	0,46	0,4	0,36	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %