HORDVIKTUNET BORETTSLAG

5015 BERGEN

Finances

Share Ownership

Return on Equity

11,55 %

Current Ratio

1,8

Debt-to-Equity Ratio

3,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 231 000	2 389 000	1 193 000	1 183 000
Net Income	501 000	793 000	415 000	402 000
Total Assets	21 706 000	21 702 000	21 734 000	21 764 000
Total Equity	4 337 000	3 836 000	3 440 000	3 025 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 231 000	2 389 000	1 193 000	1 183 000
Expenditure	322 000	752 000	338 000	320 000
Operating Profit	909 000	1 637 000	856 000	863 000
Financial Income	1 000	13 000	7 000	7 000
Financial Costs	409 000	857 000	448 000	468 000
Financial Balance	−408 000	−844 000	−441 000	−461 000
Earnings Before Tax	501 000	793 000	856 000	402 000
Tax	0	0	0	0
Net Income	501 000	793 000	415 000	402 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 474 000	21 474 000	21 474 000	21 474 000
Total Current Assets	232 000	228 000	260 000	290 000
Total Assets	21 706 000	21 702 000	21 734 000	21 764 000
Total Retained Equity	4 337 000	3 836 000	3 440 000	3 025 000
Total Equity	4 337 000	3 836 000	3 440 000	3 025 000
Total Long-Term Debt	17 239 000	17 720 000	18 180 000	18 621 000
Total Current Debt	129 000	147 000	114 000	119 000
Total Equity and Debt	21 706 000	21 702 000	21 734 000	21 764 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 231 000	2 389 000	0	0
Other Income	0	0	1 193 000	1 183 000
Revenue	1 231 000	2 389 000	1 193 000	1 183 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	322 000	752 000	338 000	320 000
Operating Profit	909 000	1 637 000	856 000	863 000
Financial Income	1 000	13 000	7 000	7 000
Financial Costs	409 000	857 000	448 000	468 000
Financial Balance	−408 000	−844 000	−441 000	−461 000
Dividends	0	0	0	0
Net Income	501 000	793 000	415 000	402 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 474 000	21 474 000	21 474 000	21 474 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	21 474 000	21 474 000	21 474 000	21 474 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 474 000	21 474 000	21 474 000	21 474 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	132 000	156 000	162 000	126 000
Total Current Assets	232 000	228 000	260 000	290 000
Total Assets	21 706 000	21 702 000	21 734 000	21 764 000
Total Equity	4 337 000	3 836 000	3 440 000	3 025 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 239 000	17 720 000	18 180 000	18 621 000
Creditors	62 000	63 000	11 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	68 000	84 000	104 000	119 000
Total Current Debt	129 000	147 000	114 000	119 000
Total Equity and Debt	21 706 000	21 702 000	21 734 000	21 764 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,55 %	20,67 %	12,06 %	13,29 %
Debt-to-Equity Ratio	3,97	4,62	5,28	6,16
Operating Profit Margin	73,84 %	68,52 %	71,75 %	72,95 %
Current Ratio	1,8	1,55	2,28	2,44
Quick Ratio	1,8	1,55	2,28	2,44
Equity Ratio	0,2	0,18	0,16	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %