HARBITZ INDUSTRIES AS

0373 OSLO

Finances

Return on Equity

−2,49 %

Current Ratio

420,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 000	99 000	0	0
Net Income	−1 671 000	1 631 000	5 627 000	52 477 000
Total Assets	67 027 000	75 732 000	78 092 000	77 768 000
Total Equity	66 979 000	71 649 000	78 019 000	77 692 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 000	99 000	0	0
Expenditure	227 000	219 000	145 000	382 000
Operating Profit	−193 000	−121 000	−145 000	−383 000
Financial Income	−981 000	1 873 000	6 013 000	52 906 000
Financial Costs	497 000	29 000	196 000	2 000
Financial Balance	−1 478 000	1 844 000	5 817 000	52 904 000
Earnings Before Tax	−1 671 000	1 723 000	5 672 000	52 522 000
Tax	0	92 000	45 000	45 000
Net Income	−1 671 000	1 631 000	5 627 000	52 477 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 851 000	42 990 000	36 960 000	3 526 000
Total Current Assets	20 176 000	32 742 000	41 131 000	74 242 000
Total Assets	67 027 000	75 732 000	78 092 000	77 768 000
Total Retained Equity	66 879 000	71 549 000	77 919 000	77 592 000
Total Equity	66 979 000	71 649 000	78 019 000	77 692 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	48 000	4 083 000	73 000	76 000
Total Equity and Debt	67 027 000	75 732 000	78 092 000	77 768 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 000	0	0	0
Other Income	0	99 000	0	0
Revenue	34 000	99 000	0	0
Cost of Goods Sold	0	6 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	6 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	227 000	219 000	145 000	382 000
Operating Profit	−193 000	−121 000	−145 000	−383 000
Financial Income	−981 000	1 873 000	6 013 000	52 906 000
Financial Costs	497 000	29 000	196 000	2 000
Financial Balance	−1 478 000	1 844 000	5 817 000	52 904 000
Dividends	3 000 000	8 000 000	5 300 000	5 000 000
Net Income	−1 671 000	1 631 000	5 627 000	52 477 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	1 501 000	1 501 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 815 000	1 815 000	1 638 000	1 309 000
Total Tangible Assets	1 815 000	1 815 000	3 140 000	2 811 000
Total Fiancial Fixed Assets	45 036 000	41 175 000	33 821 000	715 000
Total Fixed Assets	46 851 000	42 990 000	36 960 000	3 526 000
Stock	0	0	0	0
Total Investments	13 362 000	17 102 000	14 905 000	15 628 000
Cash, Bank	6 757 000	15 639 000	20 075 000	13 009 000
Total Current Assets	20 176 000	32 742 000	41 131 000	74 242 000
Total Assets	67 027 000	75 732 000	78 092 000	77 768 000
Total Equity	66 979 000	71 649 000	78 019 000	77 692 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	18 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	3 000 000	8 000 000	5 300 000	5 000 000
Other Current Debt	30 000	3 990 000	28 000	31 000
Total Current Debt	48 000	4 083 000	73 000	76 000
Total Equity and Debt	67 027 000	75 732 000	78 092 000	77 768 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,49 %	2,28 %	7,21 %	67,54 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−567,65 %	−122,22 %	-	-
Current Ratio	420,33	8,02	563,44	976,87
Quick Ratio	420,33	8,02	563,44	976,87
Equity Ratio	1	0,95	1	1
Gross Profit Margin	100 %	93,94 %	-	-