HVAM UTVIKLING AS

2165 HVAM

Finances

Share Ownership

Return on Equity

40,8 %

Current Ratio

4,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 780 000	668 000	0	0
Net Income	213 000	400 000	−121 000	0
Total Assets	679 000	5 800 000	1 291 000	1 311 000
Total Equity	522 000	309 000	−91 000	30 000

Income (NOK)	2022	2021	2020
Revenue	7 780 000	668 000	0
Expenditure	7 400 000	113 000	121 000
Operating Profit	380 000	556 000	−121 000
Financial Income	1 000	0	0
Financial Costs	109 000	76 000	0
Financial Balance	−108 000	−76 000	0
Earnings Before Tax	273 000	479 000	−121 000
Tax	60 000	79 000	0
Net Income	213 000	400 000	−121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	1 282 000	1 282 000
Total Current Assets	679 000	5 800 000	10 000	29 000
Total Assets	679 000	5 800 000	1 291 000	1 311 000
Total Retained Equity	492 000	279 000	−121 000	0
Total Equity	522 000	309 000	−91 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	157 000	5 491 000	1 383 000	1 281 000
Total Equity and Debt	679 000	5 800 000	1 291 000	1 311 000

Cash flow (NOK)	2022	2021	2020
Sales Income	7 780 000	0	0
Other Income	0	668 000	0
Revenue	7 780 000	668 000	0
Cost of Goods Sold	6 592 000	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	7 400 000	113 000	121 000
Operating Profit	380 000	556 000	−121 000
Financial Income	1 000	0	0
Financial Costs	109 000	76 000	0
Financial Balance	−108 000	−76 000	0
Dividends	0	0	0
Net Income	213 000	400 000	−121 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	1 282 000	1 282 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	1 282 000	1 282 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	1 282 000	1 282 000
Stock	0	5 790 000	0	0
Total Investments	0	0	0	0
Cash, Bank	679 000	9 000	10 000	29 000
Total Current Assets	679 000	5 800 000	10 000	29 000
Total Assets	679 000	5 800 000	1 291 000	1 311 000
Total Equity	522 000	309 000	−91 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	18 000	694 000	2 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	79 000	1 484 000	1 381 000	1 281 000
Total Current Debt	157 000	5 491 000	1 383 000	1 281 000
Total Equity and Debt	679 000	5 800 000	1 291 000	1 311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,8 %	129,45 %	132,97 %	0 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	4,88 %	83,23 %	-	-
Current Ratio	4,32	1,06	0,01	0,02
Quick Ratio	4,32	−19,4	0,01	0,02
Equity Ratio	0,77	0,05	−0,07	0,02
Gross Profit Margin	15,27 %	100 %	-	-