HRE AS

7018 TRONDHEIM

Finances

Share Ownership

Return on Equity

−24,14 %

Current Ratio

20,37

Debt-to-Equity Ratio

3,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	98 000	426 000
Net Income	−614 000	−584 000	−313 000	−98 000
Total Assets	11 819 000	11 746 000	11 790 000	12 019 000
Total Equity	2 544 000	2 729 000	2 903 000	3 063 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	98 000	426 000
Expenditure	609 000	510 000	327 000	336 000
Operating Profit	−610 000	−510 000	−229 000	90 000
Financial Income	39 000	0	35 000	3 000
Financial Costs	165 000	190 000	161 000	176 000
Financial Balance	−126 000	−190 000	−126 000	−173 000
Earnings Before Tax	−735 000	−700 000	−356 000	−84 000
Tax	−121 000	−116 000	−43 000	15 000
Net Income	−614 000	−584 000	−313 000	−98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 269 000	10 699 000	10 929 000	11 158 000
Total Current Assets	550 000	1 047 000	861 000	862 000
Total Assets	11 819 000	11 746 000	11 790 000	12 019 000
Total Retained Equity	−1 446 000	−1 261 000	−677 000	−364 000
Total Equity	2 544 000	2 729 000	2 903 000	3 063 000
Total Long-Term Debt	9 249 000	9 015 000	8 868 000	8 694 000
Total Current Debt	27 000	2 000	19 000	262 000
Total Equity and Debt	11 819 000	11 746 000	11 790 000	12 019 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	383 000
Other Income	0	0	98 000	43 000
Revenue	0	0	98 000	426 000
Cost of Goods Sold	2 000	5 000	0	0
Salary Costs	1 000	0	0	0
Depreciation	229 000	229 000	229 000	229 000
Impairment	0	0	0	0
Expenditure	609 000	510 000	327 000	336 000
Operating Profit	−610 000	−510 000	−229 000	90 000
Financial Income	39 000	0	35 000	3 000
Financial Costs	165 000	190 000	161 000	176 000
Financial Balance	−126 000	−190 000	−126 000	−173 000
Dividends	0	0	0	0
Net Income	−614 000	−584 000	−313 000	−98 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 427 000	10 613 000	10 800 000	10 986 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	43 000	86 000	129 000	172 000
Total Tangible Assets	10 470 000	10 699 000	10 929 000	11 158 000
Total Fiancial Fixed Assets	799 000	0	0	0
Total Fixed Assets	11 269 000	10 699 000	10 929 000	11 158 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	118 000	38 000	121 000
Total Current Assets	550 000	1 047 000	861 000	862 000
Total Assets	11 819 000	11 746 000	11 790 000	12 019 000
Total Equity	2 544 000	2 729 000	2 903 000	3 063 000
Short-Term Group Debt	0	0	0	67 000
Total Long-Term Debt	9 249 000	9 015 000	8 868 000	8 694 000
Creditors	7 000	2 000	18 000	131 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	20 000	0	1 000	65 000
Total Current Debt	27 000	2 000	19 000	262 000
Total Equity and Debt	11 819 000	11 746 000	11 790 000	12 019 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,14 %	−21,4 %	−10,78 %	−3,2 %
Debt-to-Equity Ratio	3,64	3,3	3,05	2,84
Operating Profit Margin	-	-	−233,67 %	21,13 %
Current Ratio	20,37	523,5	45,32	3,29
Quick Ratio	20,37	523,5	45,32	3,29
Equity Ratio	0,22	0,23	0,25	0,25
Gross Profit Margin	-	-	100 %	100 %