HEGDALVEIEN 105 AS

3260 LARVIK

Finances

Share Ownership

Return on Equity

3,25 %

Current Ratio

5,13

Debt-to-Equity Ratio

1,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 679 000	1 037 000	0	0
Net Income	515 000	200 000	−33 000	30 416 000
Total Assets	42 306 000	41 783 000	1 120 000	1 153 000
Total Equity	15 853 000	15 338 000	1 062 000	1 095 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 679 000	1 037 000	0	0
Expenditure	2 931 000	475 000	33 000	16 000
Operating Profit	1 747 000	563 000	−33 000	−16 000
Financial Income	3 000	0	0	30 432 000
Financial Costs	1 090 000	343 000	0	0
Financial Balance	−1 087 000	−343 000	0	30 432 000
Earnings Before Tax	661 000	220 000	−33 000	30 416 000
Tax	145 000	20 000	0	0
Net Income	515 000	200 000	−33 000	30 416 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 436 000	39 233 000	0	0
Total Current Assets	2 870 000	2 549 000	1 120 000	1 153 000
Total Assets	42 306 000	41 783 000	1 120 000	1 153 000
Total Retained Equity	777 000	262 000	62 000	95 000
Total Equity	15 853 000	15 338 000	1 062 000	1 095 000
Total Long-Term Debt	25 894 000	26 020 000	0	0
Total Current Debt	559 000	425 000	58 000	58 000
Total Equity and Debt	42 306 000	41 783 000	1 120 000	1 153 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 000	0	0	0
Other Income	4 677 000	1 037 000	0	0
Revenue	4 679 000	1 037 000	0	0
Cost of Goods Sold	2 143 000	108 000	0	0
Salary Costs	0	0	0	0
Depreciation	499 000	262 000	0	0
Impairment	0	0	0	0
Expenditure	2 931 000	475 000	33 000	16 000
Operating Profit	1 747 000	563 000	−33 000	−16 000
Financial Income	3 000	0	0	30 432 000
Financial Costs	1 090 000	343 000	0	0
Financial Balance	−1 087 000	−343 000	0	30 432 000
Dividends	0	0	0	56 850 000
Net Income	515 000	200 000	−33 000	30 416 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	38 937 000	39 233 000	0	0
Machinery and Plant Facilities	480 000	0	0	0
Fixtures	20 000	0	0	0
Total Tangible Assets	39 436 000	39 233 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	39 436 000	39 233 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 305 000	2 310 000	121 000	129 000
Total Current Assets	2 870 000	2 549 000	1 120 000	1 153 000
Total Assets	42 306 000	41 783 000	1 120 000	1 153 000
Total Equity	15 853 000	15 338 000	1 062 000	1 095 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 894 000	26 020 000	0	0
Creditors	106 000	349 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	56 850 000
Other Current Debt	452 000	76 000	58 000	58 000
Total Current Debt	559 000	425 000	58 000	58 000
Total Equity and Debt	42 306 000	41 783 000	1 120 000	1 153 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,25 %	1,3 %	−3,11 %	2 777,72 %
Debt-to-Equity Ratio	1,63	1,7	0	0
Operating Profit Margin	37,34 %	54,29 %	-	-
Current Ratio	5,13	6	19,31	19,88
Quick Ratio	5,13	6	19,31	19,88
Equity Ratio	0,37	0,37	0,95	0,95
Gross Profit Margin	54,2 %	89,59 %	-	-