H3 INVEST AS

6532 AVERØY

Finances

Return on Equity

−105,15 %

Current Ratio

40,48

Debt-to-Equity Ratio

68,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 055 000	963 000	1 019 000	1 053 000
Net Income	−347 000	473 000	−125 000	128 000
Total Assets	22 878 000	18 219 000	17 963 000	12 054 000
Total Equity	330 000	677 000	411 000	536 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 055 000	963 000	1 019 000	1 053 000
Expenditure	799 000	456 000	519 000	462 000
Operating Profit	256 000	507 000	499 000	591 000
Financial Income	7 000	668 000	279 000	4 000
Financial Costs	708 000	493 000	840 000	430 000
Financial Balance	−701 000	175 000	−561 000	−426 000
Earnings Before Tax	−445 000	682 000	−61 000	164 000
Tax	−98 000	209 000	64 000	36 000
Net Income	−347 000	473 000	−125 000	128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 935 000	15 562 000	15 422 000	11 512 000
Total Current Assets	1 943 000	2 657 000	2 541 000	542 000
Total Assets	22 878 000	18 219 000	17 963 000	12 054 000
Total Retained Equity	5 000	352 000	86 000	211 000
Total Equity	330 000	677 000	411 000	536 000
Total Long-Term Debt	22 500 000	17 500 000	17 500 000	11 365 000
Total Current Debt	48 000	42 000	52 000	152 000
Total Equity and Debt	22 878 000	18 219 000	17 963 000	12 054 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 055 000	963 000	1 019 000	1 053 000
Revenue	1 055 000	963 000	1 019 000	1 053 000
Cost of Goods Sold	0	0	0	0
Salary Costs	99 000	58 000	65 000	64 000
Depreciation	149 000	117 000	117 000	117 000
Impairment	0	0	0	0
Expenditure	799 000	456 000	519 000	462 000
Operating Profit	256 000	507 000	499 000	591 000
Financial Income	7 000	668 000	279 000	4 000
Financial Costs	708 000	493 000	840 000	430 000
Financial Balance	−701 000	175 000	−561 000	−426 000
Dividends	0	0	0	0
Net Income	−347 000	473 000	−125 000	128 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	355 000	258 000	401 000	640 000
Real Eastate	15 814 000	10 538 000	10 655 000	10 772 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 814 000	10 538 000	10 655 000	10 772 000
Total Fiancial Fixed Assets	4 766 000	4 766 000	4 366 000	100 000
Total Fixed Assets	20 935 000	15 562 000	15 422 000	11 512 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 900 000	1 764 000	2 363 000	539 000
Total Current Assets	1 943 000	2 657 000	2 541 000	542 000
Total Assets	22 878 000	18 219 000	17 963 000	12 054 000
Total Equity	330 000	677 000	411 000	536 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 500 000	17 500 000	17 500 000	11 365 000
Creditors	12 000	3 000	4 000	5 000
Unpaid Taxes	5 000	5 000	4 000	5 000
Dividends	0	0	0	0
Other Current Debt	31 000	27 000	44 000	45 000
Total Current Debt	48 000	42 000	52 000	152 000
Total Equity and Debt	22 878 000	18 219 000	17 963 000	12 054 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−105,15 %	69,87 %	−30,41 %	23,88 %
Debt-to-Equity Ratio	68,18	25,85	42,58	21,2
Operating Profit Margin	24,27 %	52,65 %	48,97 %	56,13 %
Current Ratio	40,48	63,26	48,87	3,57
Quick Ratio	40,48	63,26	48,87	3,57
Equity Ratio	0,01	0,04	0,02	0,04
Gross Profit Margin	100 %	100 %	100 %	100 %