HORDALAND BIOENERGI AS

5705 VOSS

Finances

Share Ownership

Return on Equity

1,22 %

Current Ratio

4,81

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 724 000	3 110 000	2 452 000	2 995 000
Net Income	642 000	−223 000	−535 000	−163 000
Total Assets	115 780 000	35 841 000	30 328 000	27 212 000
Total Equity	52 823 000	30 926 000	27 150 000	24 685 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 724 000	3 110 000	2 452 000	2 995 000
Expenditure	9 725 000	3 234 000	2 828 000	3 087 000
Operating Profit	999 000	−123 000	−375 000	−93 000
Financial Income	234 000	6 000	5 000	5 000
Financial Costs	1 824 000	106 000	166 000	75 000
Financial Balance	−1 590 000	−100 000	−161 000	−70 000
Earnings Before Tax	−592 000	−223 000	−535 000	−163 000
Tax	−1 233 000	0	0	0
Net Income	642 000	−223 000	−535 000	−163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	78 128 000	20 221 000	20 272 000	20 089 000
Total Current Assets	37 651 000	15 619 000	10 056 000	7 124 000
Total Assets	115 780 000	35 841 000	30 328 000	27 212 000
Total Retained Equity	6 977 000	−851 000	−627 000	−92 000
Total Equity	52 823 000	30 926 000	27 150 000	24 685 000
Total Long-Term Debt	55 128 000	3 668 000	2 216 000	1 795 000
Total Current Debt	7 828 000	1 246 000	962 000	732 000
Total Equity and Debt	115 780 000	35 841 000	30 328 000	27 212 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 724 000	3 108 000	2 452 000	2 995 000
Other Income	0	1 000	0	0
Revenue	10 724 000	3 110 000	2 452 000	2 995 000
Cost of Goods Sold	4 719 000	177 000	41 000	358 000
Salary Costs	1 156 000	2 149 000	2 167 000	1 892 000
Depreciation	1 119 000	51 000	73 000	116 000
Impairment	0	0	0	0
Expenditure	9 725 000	3 234 000	2 828 000	3 087 000
Operating Profit	999 000	−123 000	−375 000	−93 000
Financial Income	234 000	6 000	5 000	5 000
Financial Costs	1 824 000	106 000	166 000	75 000
Financial Balance	−1 590 000	−100 000	−161 000	−70 000
Dividends	0	0	0	0
Net Income	642 000	−223 000	−535 000	−163 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	77 627 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	501 000	185 000	236 000	309 000
Total Tangible Assets	78 128 000	185 000	236 000	309 000
Total Fiancial Fixed Assets	0	20 036 000	20 036 000	19 780 000
Total Fixed Assets	78 128 000	20 221 000	20 272 000	20 089 000
Stock	381 000	16 000	20 000	39 000
Total Investments	0	0	0	0
Cash, Bank	1 978 000	354 000	237 000	148 000
Total Current Assets	37 651 000	15 619 000	10 056 000	7 124 000
Total Assets	115 780 000	35 841 000	30 328 000	27 212 000
Total Equity	52 823 000	30 926 000	27 150 000	24 685 000
Short-Term Group Debt	0	237 000	0	92 000
Total Long-Term Debt	55 128 000	3 668 000	2 216 000	1 795 000
Creditors	6 489 000	637 000	94 000	140 000
Unpaid Taxes	177 000	160 000	601 000	268 000
Dividends	0	0	0	0
Other Current Debt	1 162 000	213 000	267 000	232 000
Total Current Debt	7 828 000	1 246 000	962 000	732 000
Total Equity and Debt	115 780 000	35 841 000	30 328 000	27 212 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,22 %	−0,72 %	−1,97 %	−0,66 %
Debt-to-Equity Ratio	1,04	0,12	0,08	0,07
Operating Profit Margin	9,32 %	−3,95 %	−15,29 %	−3,11 %
Current Ratio	4,81	12,54	10,45	9,73
Quick Ratio	5,06	12,7	10,68	10,28
Equity Ratio	0,46	0,86	0,9	0,91
Gross Profit Margin	56 %	94,31 %	98,33 %	88,05 %