HVALEN HOLDING AS

3260 LARVIK

Finances

Return on Equity

46,22 %

Current Ratio

12,23

Debt-to-Equity Ratio

4,62

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	400 000	0
Net Income	867 000	1 972 000	2 349 000	−1 053 000
Total Assets	10 582 000	13 151 000	12 386 000	10 135 000
Total Equity	1 876 000	3 819 000	2 441 000	192 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	400 000	0
Expenditure	94 000	55 000	31 000	42 000
Operating Profit	−94 000	−55 000	369 000	−42 000
Financial Income	1 378 000	2 387 000	2 431 000	286 000
Financial Costs	417 000	360 000	450 000	1 297 000
Financial Balance	961 000	2 027 000	1 981 000	−1 011 000
Earnings Before Tax	867 000	1 972 000	2 349 000	−1 053 000
Tax	0	0	0	0
Net Income	867 000	1 972 000	2 349 000	−1 053 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 995 000	7 651 000	8 053 000	8 459 000
Total Current Assets	587 000	5 500 000	4 333 000	1 676 000
Total Assets	10 582 000	13 151 000	12 386 000	10 135 000
Total Retained Equity	1 684 000	3 627 000	2 249 000	0
Total Equity	1 876 000	3 819 000	2 441 000	192 000
Total Long-Term Debt	8 658 000	9 299 000	9 600 000	9 600 000
Total Current Debt	48 000	33 000	345 000	343 000
Total Equity and Debt	10 582 000	13 151 000	12 386 000	10 135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	400 000	0
Other Income	0	0	0	0
Revenue	0	0	400 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	94 000	55 000	31 000	42 000
Operating Profit	−94 000	−55 000	369 000	−42 000
Financial Income	1 378 000	2 387 000	2 431 000	286 000
Financial Costs	417 000	360 000	450 000	1 297 000
Financial Balance	961 000	2 027 000	1 981 000	−1 011 000
Dividends	2 810 000	594 000	100 000	0
Net Income	867 000	1 972 000	2 349 000	−1 053 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	9 995 000	7 651 000	8 053 000	8 459 000
Total Fixed Assets	9 995 000	7 651 000	8 053 000	8 459 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	367 000	353 000	1 402 000	532 000
Total Current Assets	587 000	5 500 000	4 333 000	1 676 000
Total Assets	10 582 000	13 151 000	12 386 000	10 135 000
Total Equity	1 876 000	3 819 000	2 441 000	192 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 658 000	9 299 000	9 600 000	9 600 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	2 810 000	594 000	100 000	0
Other Current Debt	48 000	33 000	345 000	343 000
Total Current Debt	48 000	33 000	345 000	343 000
Total Equity and Debt	10 582 000	13 151 000	12 386 000	10 135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,22 %	51,64 %	96,23 %	−548,44 %
Debt-to-Equity Ratio	4,62	2,43	3,93	50
Operating Profit Margin	-	-	92,25 %	-
Current Ratio	12,23	166,67	12,56	4,89
Quick Ratio	12,23	166,67	12,56	4,89
Equity Ratio	0,18	0,29	0,2	0,02
Gross Profit Margin	-	-	100 %	-