HARTVIGSEN & BAKKE INVEST AS

4044 HAFRSFJORD

Finances

Share Ownership

Return on Equity

−31,11 %

Current Ratio

0,27

Debt-to-Equity Ratio

3,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	21 000	0	190 000
Net Income	−140 000	−85 000	−109 000	−6 000
Total Assets	2 735 000	2 724 000	2 631 000	2 703 000
Total Equity	450 000	590 000	675 000	784 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	21 000	0	190 000
Expenditure	16 000	22 000	9 000	92 000
Operating Profit	−16 000	−1 000	−9 000	97 000
Financial Income	0	0	0	0
Financial Costs	124 000	84 000	100 000	103 000
Financial Balance	−124 000	−84 000	−100 000	−103 000
Earnings Before Tax	−140 000	−85 000	−109 000	−6 000
Tax	0	0	0	0
Net Income	−140 000	−85 000	−109 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 598 000	2 598 000	2 598 000	2 598 000
Total Current Assets	137 000	126 000	33 000	105 000
Total Assets	2 735 000	2 724 000	2 631 000	2 703 000
Total Retained Equity	−326 000	−186 000	−101 000	8 000
Total Equity	450 000	590 000	675 000	784 000
Total Long-Term Debt	1 780 000	1 771 000	1 765 000	1 782 000
Total Current Debt	505 000	363 000	191 000	136 000
Total Equity and Debt	2 735 000	2 724 000	2 631 000	2 703 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	21 000	0	190 000
Other Income	0	0	0	0
Revenue	0	21 000	0	190 000
Cost of Goods Sold	0	11 000	−3 000	63 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	16 000	22 000	9 000	92 000
Operating Profit	−16 000	−1 000	−9 000	97 000
Financial Income	0	0	0	0
Financial Costs	124 000	84 000	100 000	103 000
Financial Balance	−124 000	−84 000	−100 000	−103 000
Dividends	0	0	0	0
Net Income	−140 000	−85 000	−109 000	−6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 598 000	2 598 000	2 598 000	2 598 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 598 000	2 598 000	2 598 000	2 598 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 598 000	2 598 000	2 598 000	2 598 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	135 000	116 000	30 000	73 000
Total Current Assets	137 000	126 000	33 000	105 000
Total Assets	2 735 000	2 724 000	2 631 000	2 703 000
Total Equity	450 000	590 000	675 000	784 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 780 000	1 771 000	1 765 000	1 782 000
Creditors	−3 000	−3 000	−3 000	1 000
Unpaid Taxes	0	0	0	27 000
Dividends	0	0	0	0
Other Current Debt	508 000	367 000	194 000	108 000
Total Current Debt	505 000	363 000	191 000	136 000
Total Equity and Debt	2 735 000	2 724 000	2 631 000	2 703 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−31,11 %	−14,41 %	−16,15 %	−0,77 %
Debt-to-Equity Ratio	3,96	3	2,61	2,27
Operating Profit Margin	-	−4,76 %	-	51,05 %
Current Ratio	0,27	0,35	0,17	0,77
Quick Ratio	0,27	0,35	0,17	0,77
Equity Ratio	0,16	0,22	0,26	0,29
Gross Profit Margin	-	47,62 %	-	66,84 %