SPAREBANKGÅRDEN HOLMESTRAND AS

3080 HOLMESTRAND

Finances

Share Ownership

Return on Equity

32,22 %

Current Ratio

31,05

Debt-to-Equity Ratio

23,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 152 000	4 261 000	3 148 000	3 097 000
Net Income	1 602 000	257 000	132 000	−475 000
Total Assets	121 064 000	120 983 000	49 770 000	50 512 000
Total Equity	4 972 000	3 369 000	3 561 000	3 430 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 152 000	4 261 000	3 148 000	3 097 000
Expenditure	2 362 000	2 040 000	999 000	1 645 000
Operating Profit	5 790 000	2 221 000	2 150 000	1 452 000
Financial Income	73 000	7 000	20 000	12 000
Financial Costs	3 808 000	1 899 000	1 969 000	2 042 000
Financial Balance	−3 735 000	−1 892 000	−1 949 000	−2 030 000
Earnings Before Tax	2 054 000	329 000	200 000	−577 000
Tax	452 000	72 000	69 000	−102 000
Net Income	1 602 000	257 000	132 000	−475 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	114 635 000	115 864 000	42 195 000	42 632 000
Total Current Assets	6 428 000	5 119 000	7 575 000	7 880 000
Total Assets	121 064 000	120 983 000	49 770 000	50 512 000
Total Retained Equity	1 602 000	0	132 000	0
Total Equity	4 972 000	3 369 000	3 561 000	3 430 000
Total Long-Term Debt	115 885 000	117 334 000	46 100 000	46 800 000
Total Current Debt	207 000	279 000	108 000	282 000
Total Equity and Debt	121 064 000	120 983 000	49 770 000	50 512 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	3 145 000	3 097 000
Other Income	8 152 000	4 261 000	4 000	0
Revenue	8 152 000	4 261 000	3 148 000	3 097 000
Cost of Goods Sold	37 000	545 000	−80 000	375 000
Salary Costs	0	0	0	0
Depreciation	1 228 000	690 000	437 000	412 000
Impairment	0	0	0	0
Expenditure	2 362 000	2 040 000	999 000	1 645 000
Operating Profit	5 790 000	2 221 000	2 150 000	1 452 000
Financial Income	73 000	7 000	20 000	12 000
Financial Costs	3 808 000	1 899 000	1 969 000	2 042 000
Financial Balance	−3 735 000	−1 892 000	−1 949 000	−2 030 000
Dividends	0	0	0	0
Net Income	1 602 000	257 000	132 000	−475 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	114 635 000	115 864 000	34 611 000	35 047 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	114 635 000	115 864 000	42 195 000	42 632 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	114 635 000	115 864 000	42 195 000	42 632 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 688 000	2 005 000	0	0
Total Current Assets	6 428 000	5 119 000	7 575 000	7 880 000
Total Assets	121 064 000	120 983 000	49 770 000	50 512 000
Total Equity	4 972 000	3 369 000	3 561 000	3 430 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	115 885 000	117 334 000	46 100 000	46 800 000
Creditors	38 000	177 000	108 000	269 000
Unpaid Taxes	65 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	103 000	0	13 000
Total Current Debt	207 000	279 000	108 000	282 000
Total Equity and Debt	121 064 000	120 983 000	49 770 000	50 512 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,22 %	7,63 %	3,71 %	−13,85 %
Debt-to-Equity Ratio	23,31	34,83	12,95	13,64
Operating Profit Margin	71,03 %	52,12 %	68,3 %	46,88 %
Current Ratio	31,05	18,35	70,14	27,94
Quick Ratio	31,05	18,35	70,14	27,94
Equity Ratio	0,04	0,03	0,07	0,07
Gross Profit Margin	99,55 %	87,21 %	102,54 %	87,89 %