HJORTLAND'S INVEST AS

5265 YTRE ARNA

Finances

Share Ownership

Return on Equity

−9,05 %

Current Ratio

1 389,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	166 000	230 000	257 000	0
Net Income	−2 015 000	17 804 000	839 000	3 502 000
Total Assets	22 273 000	26 073 000	12 849 000	10 932 000
Total Equity	22 258 000	26 073 000	9 769 000	10 930 000

Income (NOK)	2022	2021	2020	2019
Revenue	166 000	230 000	257 000	0
Expenditure	500 000	711 000	128 000	47 000
Operating Profit	−333 000	−481 000	129 000	−47 000
Financial Income	27 000	18 277 000	790 000	3 592 000
Financial Costs	1 708 000	0	39 000	43 000
Financial Balance	−1 681 000	18 277 000	751 000	3 549 000
Earnings Before Tax	−2 015 000	17 796 000	880 000	3 502 000
Tax	0	−8 000	41 000	0
Net Income	−2 015 000	17 804 000	839 000	3 502 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 424 000	1 479 000	2 268 000	773 000
Total Current Assets	20 849 000	24 594 000	10 581 000	10 160 000
Total Assets	22 273 000	26 073 000	12 849 000	10 932 000
Total Retained Equity	22 127 000	25 942 000	9 638 000	10 799 000
Total Equity	22 258 000	26 073 000	9 769 000	10 930 000
Total Long-Term Debt	0	0	8 000	0
Total Current Debt	15 000	0	3 072 000	3 000
Total Equity and Debt	22 273 000	26 073 000	12 849 000	10 932 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 000	75 000	257 000	0
Other Income	140 000	155 000	0	0
Revenue	166 000	230 000	257 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	55 000	55 000	4 000	0
Impairment	0	0	0	0
Expenditure	500 000	711 000	128 000	47 000
Operating Profit	−333 000	−481 000	129 000	−47 000
Financial Income	27 000	18 277 000	790 000	3 592 000
Financial Costs	1 708 000	0	39 000	43 000
Financial Balance	−1 681 000	18 277 000	751 000	3 549 000
Dividends	1 800 000	1 500 000	2 000 000	200 000
Net Income	−2 015 000	17 804 000	839 000	3 502 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 424 000	1 479 000	1 496 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 424 000	1 479 000	1 496 000	0
Total Fiancial Fixed Assets	0	0	773 000	773 000
Total Fixed Assets	1 424 000	1 479 000	2 268 000	773 000
Stock	0	0	0	0
Total Investments	17 064 000	18 975 000	5 706 000	5 145 000
Cash, Bank	1 282 000	3 054 000	3 390 000	696 000
Total Current Assets	20 849 000	24 594 000	10 581 000	10 160 000
Total Assets	22 273 000	26 073 000	12 849 000	10 932 000
Total Equity	22 258 000	26 073 000	9 769 000	10 930 000
Short-Term Group Debt	0	0	2 984 000	0
Total Long-Term Debt	0	0	8 000	0
Creditors	9 000	0	0	0
Unpaid Taxes	7 000	0	31 000	0
Dividends	1 800 000	1 500 000	2 000 000	200 000
Other Current Debt	0	0	24 000	0
Total Current Debt	15 000	0	3 072 000	3 000
Total Equity and Debt	22 273 000	26 073 000	12 849 000	10 932 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,05 %	68,29 %	8,59 %	32,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−200,6 %	−209,13 %	50,19 %	-
Current Ratio	1 389,93	-	3,44	3 386,67
Quick Ratio	1 389,93	-	3,44	3 386,67
Equity Ratio	1	1	0,76	1
Gross Profit Margin	100 %	100 %	100 %	-