HØILAND & TVEIT EIENDOM AS

4331 ÅLGÅRD

Finances

Return on Equity

11,67 %

Current Ratio

0,28

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 460 000	2 837 000	3 035 000	1 995 000
Net Income	1 437 000	1 848 000	1 967 000	1 147 000
Total Assets	15 263 000	16 962 000	17 752 000	14 096 000
Total Equity	12 318 000	10 881 000	9 034 000	7 067 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 460 000	2 837 000	3 035 000	1 995 000
Expenditure	517 000	300 000	302 000	349 000
Operating Profit	1 943 000	2 538 000	2 733 000	1 646 000
Financial Income	0	0	0	0
Financial Costs	101 000	169 000	212 000	176 000
Financial Balance	−101 000	−169 000	−212 000	−176 000
Earnings Before Tax	1 842 000	2 369 000	2 521 000	1 470 000
Tax	405 000	521 000	555 000	324 000
Net Income	1 437 000	1 848 000	1 967 000	1 147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 469 000	16 189 000	10 093 000	10 227 000
Total Current Assets	795 000	773 000	7 659 000	3 868 000
Total Assets	15 263 000	16 962 000	17 752 000	14 096 000
Total Retained Equity	11 618 000	10 181 000	8 334 000	6 367 000
Total Equity	12 318 000	10 881 000	9 034 000	7 067 000
Total Long-Term Debt	121 000	106 000	38 000	36 000
Total Current Debt	2 824 000	5 975 000	8 680 000	6 993 000
Total Equity and Debt	15 263 000	16 962 000	17 752 000	14 096 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 460 000	2 837 000	3 035 000	1 995 000
Revenue	2 460 000	2 837 000	3 035 000	1 995 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	418 000	222 000	203 000	98 000
Impairment	0	0	0	0
Expenditure	517 000	300 000	302 000	349 000
Operating Profit	1 943 000	2 538 000	2 733 000	1 646 000
Financial Income	0	0	0	0
Financial Costs	101 000	169 000	212 000	176 000
Financial Balance	−101 000	−169 000	−212 000	−176 000
Dividends	0	0	0	0
Net Income	1 437 000	1 848 000	1 967 000	1 147 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 102 000	5 170 000	5 237 000	5 305 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 038 000	2 118 000	523 000	589 000
Total Tangible Assets	7 140 000	7 288 000	5 760 000	5 894 000
Total Fiancial Fixed Assets	7 329 000	8 901 000	4 333 000	4 333 000
Total Fixed Assets	14 469 000	16 189 000	10 093 000	10 227 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	795 000	639 000	2 414 000	725 000
Total Current Assets	795 000	773 000	7 659 000	3 868 000
Total Assets	15 263 000	16 962 000	17 752 000	14 096 000
Total Equity	12 318 000	10 881 000	9 034 000	7 067 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	121 000	106 000	38 000	36 000
Creditors	2 000	2 217 000	0	4 000
Unpaid Taxes	438 000	23 000	477 000	48 000
Dividends	0	0	0	0
Other Current Debt	1 994 000	3 281 000	7 650 000	6 647 000
Total Current Debt	2 824 000	5 975 000	8 680 000	6 993 000
Total Equity and Debt	15 263 000	16 962 000	17 752 000	14 096 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,67 %	16,98 %	21,77 %	16,23 %
Debt-to-Equity Ratio	0,01	0,01	0	0,01
Operating Profit Margin	78,98 %	89,46 %	90,05 %	82,51 %
Current Ratio	0,28	0,13	0,88	0,55
Quick Ratio	0,28	0,13	0,88	0,55
Equity Ratio	0,81	0,64	0,51	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %