HOLMESTRAND UTVIKLING AS

3080 HOLMESTRAND

Finances

Return on Equity

203,7 %

Current Ratio

0,66

Debt-to-Equity Ratio

17,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 123 000	14 889 000	20 257 000	14 056 000
Net Income	20 162 000	−25 101 000	−2 519 000	−3 981 000
Total Assets	231 053 000	233 910 000	332 526 000	321 529 000
Total Equity	9 898 000	12 076 000	12 771 000	14 773 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 123 000	14 889 000	20 257 000	14 056 000
Expenditure	8 843 000	42 507 000	17 877 000	13 164 000
Operating Profit	−1 721 000	−27 619 000	2 381 000	893 000
Financial Income	30 772 000	4 221 000	5 456 000	5 647 000
Financial Costs	8 178 000	8 746 000	11 032 000	11 619 000
Financial Balance	22 594 000	−4 525 000	−5 576 000	−5 972 000
Earnings Before Tax	20 873 000	−32 143 000	−3 195 000	−5 080 000
Tax	711 000	−7 042 000	−676 000	−1 099 000
Net Income	20 162 000	−25 101 000	−2 519 000	−3 981 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	201 378 000	199 691 000	329 319 000	319 185 000
Total Current Assets	29 675 000	34 219 000	3 207 000	2 344 000
Total Assets	231 053 000	233 910 000	332 526 000	321 529 000
Total Retained Equity	0	−25 101 000	0	1 503 000
Total Equity	9 898 000	12 076 000	12 771 000	14 773 000
Total Long-Term Debt	176 470 000	197 147 000	275 991 000	263 446 000
Total Current Debt	44 685 000	24 687 000	43 765 000	43 310 000
Total Equity and Debt	231 053 000	233 910 000	332 526 000	321 529 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 034 000	9 939 000	11 497 000	11 326 000
Other Income	1 089 000	4 950 000	8 760 000	2 731 000
Revenue	7 123 000	14 889 000	20 257 000	14 056 000
Cost of Goods Sold	857 000	1 447 000	861 000	1 140 000
Salary Costs	2 695 000	6 971 000	7 418 000	2 226 000
Depreciation	603 000	677 000	3 735 000	3 696 000
Impairment	0	24 926 000	0	0
Expenditure	8 843 000	42 507 000	17 877 000	13 164 000
Operating Profit	−1 721 000	−27 619 000	2 381 000	893 000
Financial Income	30 772 000	4 221 000	5 456 000	5 647 000
Financial Costs	8 178 000	8 746 000	11 032 000	11 619 000
Financial Balance	22 594 000	−4 525 000	−5 576 000	−5 972 000
Dividends	0	0	0	0
Net Income	20 162 000	−25 101 000	−2 519 000	−3 981 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	41 140 000	50 638 000	148 765 000	147 947 000
Machinery and Plant Facilities	29 735 000	36 157 000	36 229 000	36 229 000
Fixtures	40 000	77 000	114 000	151 000
Total Tangible Assets	70 914 000	86 872 000	185 108 000	184 327 000
Total Fiancial Fixed Assets	130 463 000	112 819 000	144 211 000	134 858 000
Total Fixed Assets	201 378 000	199 691 000	329 319 000	319 185 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	88 000	94 000	364 000	274 000
Total Current Assets	29 675 000	34 219 000	3 207 000	2 344 000
Total Assets	231 053 000	233 910 000	332 526 000	321 529 000
Total Equity	9 898 000	12 076 000	12 771 000	14 773 000
Short-Term Group Debt	41 440 000	20 372 000	38 104 000	38 172 000
Total Long-Term Debt	176 470 000	197 147 000	275 991 000	263 446 000
Creditors	254 000	2 099 000	1 686 000	1 998 000
Unpaid Taxes	294 000	201 000	740 000	223 000
Dividends	0	0	0	0
Other Current Debt	2 698 000	2 016 000	3 235 000	2 917 000
Total Current Debt	44 685 000	24 687 000	43 765 000	43 310 000
Total Equity and Debt	231 053 000	233 910 000	332 526 000	321 529 000

Financial indicators	2022	2021	2020	2019
Return on Equity	203,7 %	−207,86 %	−19,72 %	−26,95 %
Debt-to-Equity Ratio	17,83	16,33	21,61	17,83
Operating Profit Margin	−24,16 %	−185,5 %	11,75 %	6,35 %
Current Ratio	0,66	1,39	0,07	0,05
Quick Ratio	0,66	1,39	0,07	0,05
Equity Ratio	0,04	0,05	0,04	0,05
Gross Profit Margin	87,97 %	90,28 %	95,75 %	91,89 %