NORDRE HAUGLAND INVEST AS

5314 KJERRGARDEN

Finances

Return on Equity

11,29 %

Current Ratio

3,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 827 000	1 917 000	3 950 000	0
Net Income	967 000	6 720 000	2 819 000	2 367 000
Total Assets	11 499 000	16 904 000	10 637 000	11 832 000
Total Equity	8 564 000	9 098 000	4 378 000	3 060 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 827 000	1 917 000	3 950 000	0
Expenditure	4 594 000	1 955 000	3 379 000	39 000
Operating Profit	1 233 000	−38 000	570 000	−39 000
Financial Income	6 000	7 000 000	3 200 000	3 200 000
Financial Costs	0	143 000	157 000	127 000
Financial Balance	6 000	6 857 000	3 043 000	3 073 000
Earnings Before Tax	1 239 000	6 819 000	3 614 000	3 035 000
Tax	272 000	99 000	795 000	668 000
Net Income	967 000	6 720 000	2 819 000	2 367 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 316 000	1 901 000	1 801 000	2 201 000
Total Current Assets	9 183 000	15 003 000	8 837 000	9 631 000
Total Assets	11 499 000	16 904 000	10 637 000	11 832 000
Total Retained Equity	8 374 000	8 908 000	4 188 000	2 870 000
Total Equity	8 564 000	9 098 000	4 378 000	3 060 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 934 000	7 806 000	6 259 000	8 772 000
Total Equity and Debt	11 499 000	16 904 000	10 637 000	11 832 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 827 000	1 917 000	3 950 000	0
Other Income	0	0	0	0
Revenue	5 827 000	1 917 000	3 950 000	0
Cost of Goods Sold	4 554 000	1 917 000	3 341 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 594 000	1 955 000	3 379 000	39 000
Operating Profit	1 233 000	−38 000	570 000	−39 000
Financial Income	6 000	7 000 000	3 200 000	3 200 000
Financial Costs	0	143 000	157 000	127 000
Financial Balance	6 000	6 857 000	3 043 000	3 073 000
Dividends	1 500 000	2 000 000	1 500 000	1 500 000
Net Income	967 000	6 720 000	2 819 000	2 367 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 316 000	1 901 000	1 801 000	2 201 000
Total Fixed Assets	2 316 000	1 901 000	1 801 000	2 201 000
Stock	3 605 000	7 898 000	5 115 000	6 398 000
Total Investments	0	0	0	0
Cash, Bank	5 573 000	105 000	522 000	33 000
Total Current Assets	9 183 000	15 003 000	8 837 000	9 631 000
Total Assets	11 499 000	16 904 000	10 637 000	11 832 000
Total Equity	8 564 000	9 098 000	4 378 000	3 060 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	162 000	0	0	3 000
Unpaid Taxes	0	0	0	0
Dividends	1 500 000	2 000 000	1 500 000	1 500 000
Other Current Debt	2 500 000	7 707 000	5 464 000	8 101 000
Total Current Debt	2 934 000	7 806 000	6 259 000	8 772 000
Total Equity and Debt	11 499 000	16 904 000	10 637 000	11 832 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,29 %	73,86 %	64,39 %	77,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,16 %	−1,98 %	14,43 %	-
Current Ratio	3,13	1,92	1,41	1,1
Quick Ratio	−13,69	−163,08	7,72	4,06
Equity Ratio	0,74	0,54	0,41	0,26
Gross Profit Margin	21,85 %	0 %	15,42 %	-