HJØRNET HOLDING AS

6800 FØRDE

Finances

Return on Equity

−8,61 %

Current Ratio

2,29

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	168 000	168 000	168 000	223 000
Net Income	−379 000	3 156 000	436 000	458 000
Total Assets	7 487 000	9 124 000	7 944 000	10 062 000
Total Equity	4 404 000	5 983 000	4 027 000	4 991 000

Income (NOK)	2022	2021	2020	2019
Revenue	168 000	168 000	168 000	223 000
Expenditure	85 000	74 000	520 000	98 000
Operating Profit	83 000	94 000	−352 000	125 000
Financial Income	−383 000	3 145 000	789 000	489 000
Financial Costs	73 000	67 000	98 000	158 000
Financial Balance	−456 000	3 078 000	691 000	331 000
Earnings Before Tax	−373 000	3 172 000	340 000	456 000
Tax	7 000	16 000	−96 000	−2 000
Net Income	−379 000	3 156 000	436 000	458 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 467 000	4 472 000	5 128 000	9 284 000
Total Current Assets	3 019 000	4 651 000	2 817 000	779 000
Total Assets	7 487 000	9 124 000	7 944 000	10 062 000
Total Retained Equity	3 846 000	5 426 000	3 470 000	4 433 000
Total Equity	4 404 000	5 983 000	4 027 000	4 991 000
Total Long-Term Debt	1 765 000	1 915 000	2 703 000	4 128 000
Total Current Debt	1 318 000	1 226 000	1 215 000	944 000
Total Equity and Debt	7 487 000	9 124 000	7 944 000	10 062 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	168 000	168 000	168 000	223 000
Revenue	168 000	168 000	168 000	223 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	5 000	4 000	0	0
Impairment	0	0	443 000	0
Expenditure	85 000	74 000	520 000	98 000
Operating Profit	83 000	94 000	−352 000	125 000
Financial Income	−383 000	3 145 000	789 000	489 000
Financial Costs	73 000	67 000	98 000	158 000
Financial Balance	−456 000	3 078 000	691 000	331 000
Dividends	1 200 000	1 200 000	1 200 000	1 100 000
Net Income	−379 000	3 156 000	436 000	458 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 001 000	4 001 000	4 001 000	8 158 000
Machinery and Plant Facilities	21 000	26 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 022 000	4 027 000	4 001 000	8 158 000
Total Fiancial Fixed Assets	446 000	446 000	1 127 000	1 126 000
Total Fixed Assets	4 467 000	4 472 000	5 128 000	9 284 000
Stock	0	0	0	0
Total Investments	2 832 000	2 087 000	1 213 000	0
Cash, Bank	158 000	2 555 000	1 594 000	769 000
Total Current Assets	3 019 000	4 651 000	2 817 000	779 000
Total Assets	7 487 000	9 124 000	7 944 000	10 062 000
Total Equity	4 404 000	5 983 000	4 027 000	4 991 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 765 000	1 915 000	2 703 000	4 128 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 200 000	1 200 000	1 200 000	1 100 000
Other Current Debt	105 000	3 000	5 000	10 000
Total Current Debt	1 318 000	1 226 000	1 215 000	944 000
Total Equity and Debt	7 487 000	9 124 000	7 944 000	10 062 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,61 %	52,75 %	10,83 %	9,18 %
Debt-to-Equity Ratio	0,4	0,32	0,67	0,83
Operating Profit Margin	49,4 %	55,95 %	−209,52 %	56,05 %
Current Ratio	2,29	3,79	2,32	0,83
Quick Ratio	2,29	3,79	2,32	0,83
Equity Ratio	0,59	0,66	0,51	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %