Håpnes Borettslag

BRLDissolved

Org 958424140Nyrudveien 97, 7890 NamsskoganBorettslag· NACE 68201Est. 1990 · 36 years old0 employees

Overview

Håpnes Borettslag is a Norwegian BRL based in Namsskogan, operating in the Borettslag sector. Incorporated in 1990, the company has 0 employees and reported revenue of NOK 164.4k in its latest annual filing.

Revenue 2022

0.2M NOK

−28% vs 2021

EBITDA margin

23.5 %

−55% vs 2021

Net profit 2022

0M NOK

-89% vs 2021

Key ratios

See full ratios →

72.8 %

Strong

Among the 40% highest rated companies in the industry

20182022

6.9×

Strong

Among the 30% highest rated companies in the industry

20182022

0.4 %

Average

Around the average of companies in the same industry

20182022

EBITDA — year on year

NOK thousands

Key figures

Annual report 2022

Revenue	0.2M NOK	-28%
EBITDA	0M NOK	-55%
Net profit	0M NOK	-89%
Total assets	1.6M NOK	+2%
Equity	1.2M NOK	+1%
Employees	0	—

Financial development

In its most recent annual report (2022), Håpnes Borettslag reported revenue of NOK 164.4k, a decrease of 28% on the year before. The figures on this page draw on 5 annual filings covering 2018 to 2022. The bottom line showed a net profit of NOK 5.9k, and the EBITDA margin stood at 23.5%.

At the end of 2022, equity financed 72.8% of the balance sheet, and current assets covered short-term debt 6.9 times.

Financials

Revenue

NOK thousands

EBITDA

NOK thousands

Income statement

NOK thousands

Item	2022	2021	2020	2019	2018
Revenue	164	227	226	227	227
Staff expenses	-0	-0	-0	-0	-0
EBITDA	39	85	126	79	120
Depreciation & amort.	-35	-34	-34	-35	-35
EBIT	4	51	92	44	85
Net financials	2	2	2	3	1
Profit before tax	6	53	94	47	87
Tax	-0	-0	-0	-0	-0
Net profit	6	53	94	47	87

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Balance sheet

NOK thousands

Item	2022	2021	2020	2019	2018
Total assets	1,609	1,581	1,507	1,499	1,440
Equity	1,171	1,165	1,112	1,018	971
Long-term debt	370	370	370	370	370
Short-term debt	68	46	25	111	99
Total debt	438	416	395	481	469

Financial ratios

5-year trend

EBITDA margin

23.5 %

20182022

Equity ratio

72.8 %

Strong

Among the 40% highest rated companies in the industry

20182022

Return on equity

0.5 %

Weak

Among the 40% lowest rated companies in the industry

20182022

Net profit margin

3.6 %

Weak

Among the 40% lowest rated companies in the industry

20182022

Asset turnover

0.10×

Strong

Among the 40% highest rated companies in the industry

20182022

Debt / equity

0.37×

Strong

Among the 40% highest rated companies in the industry

20182022

Sector performance

27 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Gross marginWeak

Among the 30% lowest rated companies in the industry

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginWeak

Among the 30% lowest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginWeak

Among the 40% lowest rated companies in the industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Weak

Among the 40% lowest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Average

Around the average of companies in the same industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Weak

Among the 40% lowest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Average

Around the average of companies in the same industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioAverage

Around the average of companies in the same industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioStrong

Among the 30% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioStrong

Among the 30% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery strong

Among the 20% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityAverage

Around the average of companies in the same industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalStrong

Among the 40% highest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioVery strong

Among the 10% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioStrong

Among the 40% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioStrong

Among the 30% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityStrong

Among the 40% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityStrong

Among the 40% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtAverage

Around the average of companies in the same industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtStrong

Among the 40% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 20% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtStrong

Among the 40% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginAverage

Around the average of companies in the same industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverStrong

Among the 40% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalVery strong

Among the 10% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 40% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
OI Odd Inge Myrvold Contact Person	Contact Person	2022

Board of directors

Non-executive oversight

Name	Role	Member since
Current (3)
OI Odd Inge Myrvold Chairman	Chairman	2019
NA Nils Arne Bronn Welo Board of Directors	Board of Directors	2019
KI Kari Irene Sellin Myrvold Board of Directors	Board of Directors	2019

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Håpnes Borettslag also hold positions in 15 other companies.

Person	Role here	Other companies
Odd Inge Myrvold	Contact Person	11 companiesMany roles
Nils Arne Bronn Welo	Board of Directors	3 companies
Kari Irene Sellin Myrvold	Board of Directors	1 company

Frequently asked questions

What is the Org number of Håpnes Borettslag?

Håpnes Borettslag is registered with Brønnøysundsregistrene under Org 958424140.

What is the revenue of Håpnes Borettslag?

Håpnes Borettslag reported revenue of NOK 164.4k in 2022.

Who is the chairman of Håpnes Borettslag?

Odd Inge Myrvold chairs the board of Håpnes Borettslag, in role since 2019.

Where is Håpnes Borettslag headquartered?

Håpnes Borettslag's registered address is Nyrudveien 97.