SPAREBANKSTIFTINGA HARDANGER

5782 KINSARVIK

Finances

Return on Equity

4,89 %

Current Ratio

11,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 464 000	64 321 000	33 664 000	36 952 000
Net Income	35 126 000	61 913 000	31 694 000	34 578 000
Total Assets	749 552 000	728 126 000	683 141 000	661 431 000
Total Equity	718 731 000	709 439 000	662 847 000	647 688 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 464 000	64 321 000	33 664 000	36 952 000
Expenditure	2 338 000	2 412 000	1 970 000	2 198 000
Operating Profit	35 126 000	61 909 000	31 694 000	34 754 000
Financial Income	0	4 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	4 000	0	0
Earnings Before Tax	35 126 000	61 913 000	31 694 000	34 754 000
Tax	0	0	0	177 000
Net Income	35 126 000	61 913 000	31 694 000	34 578 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	400 633 000	215 125 000	215 021 000	215 063 000
Total Current Assets	348 918 000	513 000 000	468 120 000	446 368 000
Total Assets	749 552 000	728 126 000	683 141 000	661 431 000
Total Retained Equity	317 770 000	308 478 000	261 887 000	246 728 000
Total Equity	718 731 000	709 439 000	662 847 000	647 688 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	30 821 000	18 687 000	20 294 000	13 743 000
Total Equity and Debt	749 552 000	728 126 000	683 141 000	661 431 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 456 000	64 321 000	33 664 000	36 905 000
Other Income	8 000	0	0	47 000
Revenue	37 464 000	64 321 000	33 664 000	36 952 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 594 000	1 459 000	1 425 000	1 460 000
Depreciation	60 000	65 000	59 000	77 000
Impairment	0	0	0	0
Expenditure	2 338 000	2 412 000	1 970 000	2 198 000
Operating Profit	35 126 000	61 909 000	31 694 000	34 754 000
Financial Income	0	4 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	4 000	0	0
Dividends	0	0	0	0
Net Income	35 126 000	61 913 000	31 694 000	34 578 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	163 000	563 000	458 000	500 000
Total Tangible Assets	163 000	563 000	458 000	500 000
Total Fiancial Fixed Assets	400 470 000	214 563 000	214 563 000	214 563 000
Total Fixed Assets	400 633 000	215 125 000	215 021 000	215 063 000
Stock	0	0	0	0
Total Investments	270 189 000	460 287 000	386 650 000	321 545 000
Cash, Bank	78 119 000	37 695 000	81 086 000	124 726 000
Total Current Assets	348 918 000	513 000 000	468 120 000	446 368 000
Total Assets	749 552 000	728 126 000	683 141 000	661 431 000
Total Equity	718 731 000	709 439 000	662 847 000	647 688 000
Short-Term Group Debt	70 000	113 000	115 000	109 000
Total Long-Term Debt	0	0	0	0
Creditors	78 000	58 000	72 000	79 000
Unpaid Taxes	87 000	125 000	110 000	133 000
Dividends	0	0	0	0
Other Current Debt	30 587 000	18 391 000	19 996 000	13 422 000
Total Current Debt	30 821 000	18 687 000	20 294 000	13 743 000
Total Equity and Debt	749 552 000	728 126 000	683 141 000	661 431 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,89 %	8,73 %	4,78 %	5,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	93,76 %	96,25 %	94,15 %	94,05 %
Current Ratio	11,32	27,45	23,07	32,48
Quick Ratio	11,32	27,45	23,07	32,48
Equity Ratio	0,96	0,97	0,97	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %