HØRTE EIENDOM AS

3801 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

3,42 %

Current Ratio

0,11

Debt-to-Equity Ratio

2,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 306 000	1 227 000	1 367 000	1 561 000
Net Income	88 000	−64 000	344 000	444 000
Total Assets	10 377 000	10 332 000	10 312 000	10 376 000
Total Equity	2 571 000	2 484 000	2 547 000	2 203 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 306 000	1 227 000	1 367 000	1 561 000
Expenditure	903 000	1 041 000	635 000	663 000
Operating Profit	403 000	186 000	731 000	898 000
Financial Income	0	0	0	0
Financial Costs	307 000	251 000	290 000	329 000
Financial Balance	−307 000	−251 000	−290 000	−329 000
Earnings Before Tax	96 000	−66 000	441 000	569 000
Tax	9 000	−2 000	97 000	125 000
Net Income	88 000	−64 000	344 000	444 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 245 000	10 245 000	10 254 000	10 261 000
Total Current Assets	132 000	87 000	58 000	114 000
Total Assets	10 377 000	10 332 000	10 312 000	10 376 000
Total Retained Equity	2 471 000	2 384 000	2 447 000	2 103 000
Total Equity	2 571 000	2 484 000	2 547 000	2 203 000
Total Long-Term Debt	6 582 000	6 925 000	7 364 000	6 859 000
Total Current Debt	1 224 000	924 000	401 000	1 313 000
Total Equity and Debt	10 377 000	10 332 000	10 312 000	10 376 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 306 000	1 227 000	1 367 000	1 561 000
Other Income	0	0	0	0
Revenue	1 306 000	1 227 000	1 367 000	1 561 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	9 000	7 000	7 000
Impairment	0	0	0	0
Expenditure	903 000	1 041 000	635 000	663 000
Operating Profit	403 000	186 000	731 000	898 000
Financial Income	0	0	0	0
Financial Costs	307 000	251 000	290 000	329 000
Financial Balance	−307 000	−251 000	−290 000	−329 000
Dividends	0	0	0	0
Net Income	88 000	−64 000	344 000	444 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 245 000	10 245 000	10 245 000	10 245 000
Machinery and Plant Facilities	0	0	9 000	16 000
Fixtures	0	0	0	0
Total Tangible Assets	10 245 000	10 245 000	10 254 000	10 261 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 245 000	10 245 000	10 254 000	10 261 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	132 000	24 000	50 000	85 000
Total Current Assets	132 000	87 000	58 000	114 000
Total Assets	10 377 000	10 332 000	10 312 000	10 376 000
Total Equity	2 571 000	2 484 000	2 547 000	2 203 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 582 000	6 925 000	7 364 000	6 859 000
Creditors	48 000	61 000	2 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 168 000	863 000	301 000	1 186 000
Total Current Debt	1 224 000	924 000	401 000	1 313 000
Total Equity and Debt	10 377 000	10 332 000	10 312 000	10 376 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,42 %	−2,58 %	13,51 %	20,15 %
Debt-to-Equity Ratio	2,56	2,79	2,89	3,11
Operating Profit Margin	30,86 %	15,16 %	53,47 %	57,53 %
Current Ratio	0,11	0,09	0,14	0,09
Quick Ratio	0,11	0,09	0,14	0,09
Equity Ratio	0,25	0,24	0,25	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %