HVERVENMOVEIEN EIENDOM XI AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

12,2 %

Current Ratio

3,63

Debt-to-Equity Ratio

1,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 677 000	1 596 000	1 584 000	1 559 000
Net Income	583 000	593 000	539 000	438 000
Total Assets	13 586 000	14 281 000	14 470 000	15 116 000
Total Equity	4 780 000	4 197 000	3 604 000	3 065 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 677 000	1 596 000	1 584 000	1 559 000
Expenditure	601 000	602 000	593 000	607 000
Operating Profit	1 076 000	995 000	991 000	952 000
Financial Income	0	0	0	0
Financial Costs	329 000	234 000	300 000	390 000
Financial Balance	−329 000	−234 000	−300 000	−390 000
Earnings Before Tax	747 000	761 000	691 000	562 000
Tax	164 000	167 000	152 000	124 000
Net Income	583 000	593 000	539 000	438 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 635 000	13 179 000	13 726 000	14 542 000
Total Current Assets	950 000	1 102 000	744 000	575 000
Total Assets	13 586 000	14 281 000	14 470 000	15 116 000
Total Retained Equity	4 130 000	3 547 000	2 954 000	2 415 000
Total Equity	4 780 000	4 197 000	3 604 000	3 065 000
Total Long-Term Debt	8 544 000	9 852 000	10 657 000	11 855 000
Total Current Debt	262 000	232 000	209 000	196 000
Total Equity and Debt	13 586 000	14 281 000	14 470 000	15 116 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 677 000	1 596 000	1 584 000	1 559 000
Revenue	1 677 000	1 596 000	1 584 000	1 559 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	543 000	548 000	541 000	548 000
Impairment	0	0	0	0
Expenditure	601 000	602 000	593 000	607 000
Operating Profit	1 076 000	995 000	991 000	952 000
Financial Income	0	0	0	0
Financial Costs	329 000	234 000	300 000	390 000
Financial Balance	−329 000	−234 000	−300 000	−390 000
Dividends	0	0	0	0
Net Income	583 000	593 000	539 000	438 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 635 000	13 169 000	13 703 000	14 505 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	9 000	23 000	37 000
Total Tangible Assets	12 635 000	13 179 000	13 726 000	14 542 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 635 000	13 179 000	13 726 000	14 542 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	950 000	1 102 000	744 000	574 000
Total Current Assets	950 000	1 102 000	744 000	575 000
Total Assets	13 586 000	14 281 000	14 470 000	15 116 000
Total Equity	4 780 000	4 197 000	3 604 000	3 065 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 544 000	9 852 000	10 657 000	11 855 000
Creditors	2 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	62 000	34 000	34 000	57 000
Total Current Debt	262 000	232 000	209 000	196 000
Total Equity and Debt	13 586 000	14 281 000	14 470 000	15 116 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,2 %	14,13 %	14,96 %	14,29 %
Debt-to-Equity Ratio	1,79	2,35	2,96	3,87
Operating Profit Margin	64,16 %	62,34 %	62,56 %	61,06 %
Current Ratio	3,63	4,75	3,56	2,93
Quick Ratio	3,63	4,75	3,56	2,93
Equity Ratio	0,35	0,29	0,25	0,2
Gross Profit Margin	100 %	100 %	100 %	100 %