HARDANGER INDUSTRIPARK AS

5773 HOVLAND

Finances

Share Ownership

Return on Equity

21,56 %

Current Ratio

1,6

Debt-to-Equity Ratio

9,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	547 000	528 000	389 000	326 000
Net Income	80 000	104 000	45 000	41 000
Total Assets	4 078 000	4 168 000	4 203 000	4 234 000
Total Equity	371 000	291 000	186 000	142 000

Income (NOK)	2022	2021	2020	2019
Revenue	547 000	528 000	389 000	326 000
Expenditure	318 000	282 000	216 000	276 000
Operating Profit	229 000	246 000	174 000	51 000
Financial Income	0	0	0	2 000
Financial Costs	126 000	113 000	117 000	0
Financial Balance	−126 000	−113 000	−117 000	2 000
Earnings Before Tax	103 000	133 000	57 000	52 000
Tax	23 000	29 000	13 000	12 000
Net Income	80 000	104 000	45 000	41 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 001 000	4 060 000	4 119 000	4 179 000
Total Current Assets	77 000	108 000	84 000	55 000
Total Assets	4 078 000	4 168 000	4 203 000	4 234 000
Total Retained Equity	218 000	138 000	34 000	−10 000
Total Equity	371 000	291 000	186 000	142 000
Total Long-Term Debt	3 660 000	3 820 000	0	0
Total Current Debt	48 000	58 000	4 017 000	4 092 000
Total Equity and Debt	4 078 000	4 168 000	4 203 000	4 234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	527 000	500 000	389 000	0
Other Income	20 000	28 000	0	326 000
Revenue	547 000	528 000	389 000	326 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	62 000	62 000	62 000	62 000
Impairment	0	0	0	0
Expenditure	318 000	282 000	216 000	276 000
Operating Profit	229 000	246 000	174 000	51 000
Financial Income	0	0	0	2 000
Financial Costs	126 000	113 000	117 000	0
Financial Balance	−126 000	−113 000	−117 000	2 000
Dividends	0	0	0	0
Net Income	80 000	104 000	45 000	41 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	6 000	4 000	2 000
Real Eastate	3 993 000	4 054 000	4 116 000	4 177 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 993 000	4 054 000	4 116 000	4 177 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 001 000	4 060 000	4 119 000	4 179 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	46 000	69 000	69 000	40 000
Total Current Assets	77 000	108 000	84 000	55 000
Total Assets	4 078 000	4 168 000	4 203 000	4 234 000
Total Equity	371 000	291 000	186 000	142 000
Short-Term Group Debt	0	0	3 980 000	4 073 000
Total Long-Term Debt	3 660 000	3 820 000	0	0
Creditors	0	0	0	7 000
Unpaid Taxes	23 000	26 000	22 000	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	48 000	58 000	4 017 000	4 092 000
Total Equity and Debt	4 078 000	4 168 000	4 203 000	4 234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,56 %	35,74 %	24,19 %	28,87 %
Debt-to-Equity Ratio	9,87	13,13	0	0
Operating Profit Margin	41,86 %	46,59 %	44,73 %	15,64 %
Current Ratio	1,6	1,86	0,02	0,01
Quick Ratio	1,6	1,86	0,02	0,01
Equity Ratio	0,09	0,07	0,04	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %