HEGDALRINGEN 15 AS

3260 LARVIK

Finances

Share Ownership

Return on Equity

38,9 %

Current Ratio

0,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 336 000	1 361 000	1 126 000	881 000
Net Income	564 000	657 000	346 000	145 000
Total Assets	3 040 000	3 263 000	3 424 000	4 198 000
Total Equity	1 450 000	885 000	436 000	532 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 336 000	1 361 000	1 126 000	881 000
Expenditure	612 000	518 000	644 000	619 000
Operating Profit	724 000	843 000	483 000	262 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	39 000	76 000
Financial Balance	0	−1 000	−39 000	−76 000
Earnings Before Tax	724 000	843 000	443 000	186 000
Tax	159 000	185 000	98 000	41 000
Net Income	564 000	657 000	346 000	145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 253 000	2 466 000	2 681 000	2 898 000
Total Current Assets	787 000	797 000	743 000	1 301 000
Total Assets	3 040 000	3 263 000	3 424 000	4 198 000
Total Retained Equity	1 014 000	450 000	0	0
Total Equity	1 450 000	885 000	436 000	532 000
Total Long-Term Debt	0	0	1 014 000	1 975 000
Total Current Debt	1 590 000	2 377 000	1 974 000	1 691 000
Total Equity and Debt	3 040 000	3 263 000	3 424 000	4 198 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 336 000	1 361 000	1 126 000	881 000
Revenue	1 336 000	1 361 000	1 126 000	881 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	244 000	244 000	244 000	244 000
Impairment	0	0	0	0
Expenditure	612 000	518 000	644 000	619 000
Operating Profit	724 000	843 000	483 000	262 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	39 000	76 000
Financial Balance	0	−1 000	−39 000	−76 000
Dividends	0	0	0	0
Net Income	564 000	657 000	346 000	145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	265 000	235 000	206 000	179 000
Real Eastate	1 988 000	2 232 000	2 475 000	2 719 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 988 000	2 232 000	2 475 000	2 719 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 253 000	2 466 000	2 681 000	2 898 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	240 000	469 000	689 000	1 246 000
Total Current Assets	787 000	797 000	743 000	1 301 000
Total Assets	3 040 000	3 263 000	3 424 000	4 198 000
Total Equity	1 450 000	885 000	436 000	532 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 014 000	1 975 000
Creditors	1 000	2 000	80 000	250 000
Unpaid Taxes	73 000	4 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 327 000	2 216 000	1 894 000	1 441 000
Total Current Debt	1 590 000	2 377 000	1 974 000	1 691 000
Total Equity and Debt	3 040 000	3 263 000	3 424 000	4 198 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,9 %	74,24 %	79,36 %	27,26 %
Debt-to-Equity Ratio	0	0	2,33	3,71
Operating Profit Margin	54,19 %	61,94 %	42,9 %	29,74 %
Current Ratio	0,49	0,34	0,38	0,77
Quick Ratio	0,49	0,34	0,38	0,77
Equity Ratio	0,48	0,27	0,13	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %