HUMMINGBIRD PROPERTY AS

4636 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

58,87 %

Current Ratio

0,89

Debt-to-Equity Ratio

−7,9

Key figures (NOK)	2022	2021	2020
Revenue	113 000	211 000	194 000
Net Income	−345 000	−273 000	14 000
Total Assets	5 743 000	4 103 000	3 371 000
Total Equity	−586 000	−241 000	32 000

Income (NOK)	2022	2021	2020
Revenue	113 000	211 000	194 000
Expenditure	245 000	563 000	105 000
Operating Profit	−132 000	−186 000	88 000
Financial Income	0	0	0
Financial Costs	214 000	87 000	74 000
Financial Balance	−214 000	−87 000	−74 000
Earnings Before Tax	−345 000	−273 000	14 000
Tax	0	0	0
Net Income	−345 000	−273 000	14 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 222 000	3 094 000	3 248 000
Total Current Assets	1 521 000	1 010 000	123 000
Total Assets	5 743 000	4 103 000	3 371 000
Total Retained Equity	−604 000	−259 000	14 000
Total Equity	−586 000	−241 000	32 000
Total Long-Term Debt	4 630 000	2 251 000	2 339 000
Total Current Debt	1 700 000	2 094 000	1 000 000
Total Equity and Debt	5 743 000	4 103 000	3 371 000

Cash flow (NOK)	2022	2021	2020
Sales Income	113 000	148 000	0
Other Income	0	63 000	194 000
Revenue	113 000	211 000	194 000
Cost of Goods Sold	84 000	311 000	0
Salary Costs	0	0	0
Depreciation	4 000	4 000	1 000
Impairment	0	0	0
Expenditure	245 000	563 000	105 000
Operating Profit	−132 000	−186 000	88 000
Financial Income	0	0	0
Financial Costs	214 000	87 000	74 000
Financial Balance	−214 000	−87 000	−74 000
Dividends	0	0	0
Net Income	−345 000	−273 000	14 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	4 211 000	3 079 000	3 229 000
Machinery and Plant Facilities	11 000	15 000	19 000
Fixtures	0	0	0
Total Tangible Assets	4 222 000	3 094 000	3 248 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	4 222 000	3 094 000	3 248 000
Stock	948 000	948 000	0
Total Investments	0	0	0
Cash, Bank	43 000	62 000	28 000
Total Current Assets	1 521 000	1 010 000	123 000
Total Assets	5 743 000	4 103 000	3 371 000
Total Equity	−586 000	−241 000	32 000
Short-Term Group Debt	1 700 000	1 820 000	927 000
Total Long-Term Debt	4 630 000	2 251 000	2 339 000
Creditors	0	297 000	25 000
Unpaid Taxes	0	−136 000	0
Dividends	0	0	0
Other Current Debt	0	113 000	48 000
Total Current Debt	1 700 000	2 094 000	1 000 000
Total Equity and Debt	5 743 000	4 103 000	3 371 000

Financial indicators	2022	2021	2020
Return on Equity	58,87 %	113,28 %	43,75 %
Debt-to-Equity Ratio	−7,9	−9,34	73,09
Operating Profit Margin	−116,81 %	−88,15 %	45,36 %
Current Ratio	0,89	0,48	0,12
Quick Ratio	2,02	0,88	0,12
Equity Ratio	−0,1	−0,06	0,01
Gross Profit Margin	25,66 %	−47,39 %	100 %