HVITTINGFOSSVEIEN 25 ANS

3084 HOLMESTRAND

Finances

Share Ownership

Return on Equity

16,9 %

Current Ratio

22,5

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 230 000	3 137 000	3 083 000	2 999 000
Net Income	2 715 000	2 691 000	2 561 000	2 292 000
Total Assets	23 733 000	23 458 000	23 055 000	21 220 000
Total Equity	16 062 000	14 847 000	14 156 000	11 595 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 230 000	3 137 000	3 083 000	2 999 000
Expenditure	479 000	467 000	447 000	486 000
Operating Profit	2 751 000	2 670 000	2 636 000	2 513 000
Financial Income	247 000	219 000	181 000	110 000
Financial Costs	283 000	197 000	256 000	331 000
Financial Balance	−36 000	22 000	−75 000	−221 000
Earnings Before Tax	2 715 000	2 691 000	2 561 000	2 292 000
Tax	0	0	0	0
Net Income	2 715 000	2 691 000	2 561 000	2 292 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 129 000	21 070 000	22 850 000	20 535 000
Total Current Assets	7 604 000	2 388 000	205 000	684 000
Total Assets	23 733 000	23 458 000	23 055 000	21 220 000
Total Retained Equity	16 062 000	14 847 000	14 156 000	11 595 000
Total Equity	16 062 000	14 847 000	14 156 000	11 595 000
Total Long-Term Debt	7 333 000	8 000 000	8 667 000	9 333 000
Total Current Debt	338 000	610 000	232 000	291 000
Total Equity and Debt	23 733 000	23 458 000	23 055 000	21 220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 230 000	3 137 000	3 083 000	2 999 000
Revenue	3 230 000	3 137 000	3 083 000	2 999 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	333 000	349 000	366 000	384 000
Impairment	0	0	0	0
Expenditure	479 000	467 000	447 000	486 000
Operating Profit	2 751 000	2 670 000	2 636 000	2 513 000
Financial Income	247 000	219 000	181 000	110 000
Financial Costs	283 000	197 000	256 000	331 000
Financial Balance	−36 000	22 000	−75 000	−221 000
Dividends	0	0	0	0
Net Income	2 715 000	2 691 000	2 561 000	2 292 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 882 000	16 215 000	16 564 000	16 930 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 882 000	16 215 000	16 564 000	16 930 000
Total Fiancial Fixed Assets	247 000	4 855 000	6 286 000	3 606 000
Total Fixed Assets	16 129 000	21 070 000	22 850 000	20 535 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 602 000	2 383 000	202 000	684 000
Total Current Assets	7 604 000	2 388 000	205 000	684 000
Total Assets	23 733 000	23 458 000	23 055 000	21 220 000
Total Equity	16 062 000	14 847 000	14 156 000	11 595 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 333 000	8 000 000	8 667 000	9 333 000
Creditors	2 000	2 000	0	0
Unpaid Taxes	114 000	108 000	106 000	107 000
Dividends	0	0	0	0
Other Current Debt	222 000	501 000	125 000	185 000
Total Current Debt	338 000	610 000	232 000	291 000
Total Equity and Debt	23 733 000	23 458 000	23 055 000	21 220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,9 %	18,12 %	18,09 %	19,77 %
Debt-to-Equity Ratio	0,46	0,54	0,61	0,8
Operating Profit Margin	85,17 %	85,11 %	85,5 %	83,79 %
Current Ratio	22,5	3,91	0,88	2,35
Quick Ratio	22,5	3,91	0,88	2,35
Equity Ratio	0,68	0,63	0,61	0,55
Gross Profit Margin	100 %	100 %	100 %	100 %