HEMAVAN CITY AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

54,3 %

Current Ratio

0,1

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	25 165 000
Net Income	−606 000	−1 818 000	−677 000	1 185 000
Total Assets	1 037 000	2 628 000	951 000	23 969 000
Total Equity	−1 116 000	−510 000	−647 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	25 165 000
Expenditure	775 000	2 340 000	581 000	23 549 000
Operating Profit	−775 000	−2 340 000	−581 000	1 616 000
Financial Income	11 000	19 000	47 000	9 000
Financial Costs	12 000	9 000	50 000	104 000
Financial Balance	−1 000	10 000	−3 000	−95 000
Earnings Before Tax	−777 000	−2 331 000	−583 000	1 522 000
Tax	−171 000	−513 000	94 000	336 000
Net Income	−606 000	−1 818 000	−677 000	1 185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	820 000	649 000	136 000	1 054 000
Total Current Assets	217 000	1 979 000	815 000	22 915 000
Total Assets	1 037 000	2 628 000	951 000	23 969 000
Total Retained Equity	−1 146 000	−540 000	−677 000	0
Total Equity	−1 116 000	−510 000	−647 000	30 000
Total Long-Term Debt	0	0	0	1 065 000
Total Current Debt	2 153 000	3 139 000	1 598 000	22 873 000
Total Equity and Debt	1 037 000	2 628 000	951 000	23 969 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	25 165 000
Other Income	0	0	0	0
Revenue	0	0	0	25 165 000
Cost of Goods Sold	477 000	2 108 000	194 000	22 744 000
Salary Costs	0	0	341 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	775 000	2 340 000	581 000	23 549 000
Operating Profit	−775 000	−2 340 000	−581 000	1 616 000
Financial Income	11 000	19 000	47 000	9 000
Financial Costs	12 000	9 000	50 000	104 000
Financial Balance	−1 000	10 000	−3 000	−95 000
Dividends	0	0	0	0
Net Income	−606 000	−1 818 000	−677 000	1 185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	811 000	640 000	128 000	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	9 000	9 000	9 000	1 054 000
Total Fixed Assets	820 000	649 000	136 000	1 054 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	200 000	7 000	104 000	12 818 000
Total Current Assets	217 000	1 979 000	815 000	22 915 000
Total Assets	1 037 000	2 628 000	951 000	23 969 000
Total Equity	−1 116 000	−510 000	−647 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 065 000
Creditors	167 000	386 000	1 179 000	373 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 986 000	2 753 000	419 000	4 035 000
Total Current Debt	2 153 000	3 139 000	1 598 000	22 873 000
Total Equity and Debt	1 037 000	2 628 000	951 000	23 969 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,3 %	356,47 %	104,64 %	3 950 %
Debt-to-Equity Ratio	−0	−0	−0	35,5
Operating Profit Margin	-	-	-	6,42 %
Current Ratio	0,1	0,63	0,51	1
Quick Ratio	0,1	0,63	0,51	1
Equity Ratio	−1,08	−0,19	−0,68	0
Gross Profit Margin	-	-	-	9,62 %