HEGDALRINGEN 11 AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

39,45 %

Current Ratio

1,73

Debt-to-Equity Ratio

5,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 315 000	3 168 000	2 686 000	6 059 000
Net Income	1 919 000	1 806 000	885 000	2 800 000
Total Assets	33 481 000	33 409 000	31 253 000	44 561 000
Total Equity	4 864 000	5 190 000	5 505 000	17 732 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 315 000	3 168 000	2 686 000	6 059 000
Expenditure	855 000	852 000	1 116 000	1 616 000
Operating Profit	2 460 000	2 315 000	1 570 000	4 443 000
Financial Income	0	0	0	13 000
Financial Costs	0	0	435 000	865 000
Financial Balance	0	0	−435 000	−852 000
Earnings Before Tax	2 460 000	2 315 000	1 135 000	3 590 000
Tax	541 000	509 000	250 000	790 000
Net Income	1 919 000	1 806 000	885 000	2 800 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	28 404 000	29 100 000	14 987 000	42 799 000
Total Current Assets	5 077 000	4 309 000	16 266 000	1 763 000
Total Assets	33 481 000	33 409 000	31 253 000	44 561 000
Total Retained Equity	1 119 000	1 444 000	1 759 000	10 277 000
Total Equity	4 864 000	5 190 000	5 505 000	17 732 000
Total Long-Term Debt	25 690 000	25 462 000	24 056 000	25 628 000
Total Current Debt	2 927 000	2 757 000	1 692 000	1 201 000
Total Equity and Debt	33 481 000	33 409 000	31 253 000	44 561 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 292 000	3 150 000	0	0
Other Income	23 000	18 000	2 686 000	6 059 000
Revenue	3 315 000	3 168 000	2 686 000	6 059 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	745 000	745 000	745 000	1 447 000
Impairment	0	0	0	0
Expenditure	855 000	852 000	1 116 000	1 616 000
Operating Profit	2 460 000	2 315 000	1 570 000	4 443 000
Financial Income	0	0	0	13 000
Financial Costs	0	0	435 000	865 000
Financial Balance	0	0	−435 000	−852 000
Dividends	0	0	0	0
Net Income	1 919 000	1 806 000	885 000	2 800 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 497 000	14 242 000	14 987 000	42 799 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 497 000	14 242 000	14 987 000	42 799 000
Total Fiancial Fixed Assets	14 908 000	14 858 000	0	0
Total Fixed Assets	28 404 000	29 100 000	14 987 000	42 799 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 026 000	4 239 000	1 368 000	1 755 000
Total Current Assets	5 077 000	4 309 000	16 266 000	1 763 000
Total Assets	33 481 000	33 409 000	31 253 000	44 561 000
Total Equity	4 864 000	5 190 000	5 505 000	17 732 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 690 000	25 462 000	24 056 000	25 628 000
Creditors	37 000	37 000	147 000	5 000
Unpaid Taxes	0	0	0	250 000
Dividends	0	0	0	0
Other Current Debt	2 891 000	2 719 000	1 545 000	95 000
Total Current Debt	2 927 000	2 757 000	1 692 000	1 201 000
Total Equity and Debt	33 481 000	33 409 000	31 253 000	44 561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,45 %	34,8 %	16,08 %	15,79 %
Debt-to-Equity Ratio	5,28	4,91	4,37	1,45
Operating Profit Margin	74,21 %	73,07 %	58,45 %	73,33 %
Current Ratio	1,73	1,56	9,61	1,47
Quick Ratio	1,73	1,56	9,61	1,47
Equity Ratio	0,15	0,16	0,18	0,4
Gross Profit Margin	100 %	100 %	100 %	100 %