HOVEDSTADEN UTVIKLING AS

0281 OSLO

Finances

Return on Equity

−37,9 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 000	0	0	0
Net Income	−1 226 000	51 218 000	22 121 000	−227 000
Total Assets	7 830 000	9 515 000	35 823 000	52 689 000
Total Equity	3 235 000	3 165 000	35 797 000	52 676 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 000	0	0	0
Expenditure	104 000	197 000	307 000	292 000
Operating Profit	−70 000	−197 000	−306 000	−292 000
Financial Income	391 000	51 714 000	22 360 000	0
Financial Costs	63 000	0	0	0
Financial Balance	328 000	51 714 000	22 360 000	0
Earnings Before Tax	258 000	51 517 000	22 054 000	−292 000
Tax	1 484 000	299 000	−67 000	−64 000
Net Income	−1 226 000	51 218 000	22 121 000	−227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 203 000	2 638 000	31 425 000	52 357 000
Total Current Assets	6 627 000	6 877 000	4 398 000	332 000
Total Assets	7 830 000	9 515 000	35 823 000	52 689 000
Total Retained Equity	2 235 000	2 165 000	1 297 000	0
Total Equity	3 235 000	3 165 000	35 797 000	52 676 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 595 000	6 350 000	26 000	13 000
Total Equity and Debt	7 830 000	9 515 000	35 823 000	52 689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 000	0	0	0
Other Income	0	0	0	0
Revenue	34 000	0	0	0
Cost of Goods Sold	−388 000	0	0	0
Salary Costs	0	100 000	199 000	200 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	104 000	197 000	307 000	292 000
Operating Profit	−70 000	−197 000	−306 000	−292 000
Financial Income	391 000	51 714 000	22 360 000	0
Financial Costs	63 000	0	0	0
Financial Balance	328 000	51 714 000	22 360 000	0
Dividends	0	6 350 000	0	0
Net Income	−1 226 000	51 218 000	22 121 000	−227 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	0	300 000	232 000
Real Eastate	1 180 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 180 000	0	0	0
Total Fiancial Fixed Assets	0	2 638 000	31 125 000	52 125 000
Total Fixed Assets	1 203 000	2 638 000	31 425 000	52 357 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 626 000	432 000	4 398 000	332 000
Total Current Assets	6 627 000	6 877 000	4 398 000	332 000
Total Assets	7 830 000	9 515 000	35 823 000	52 689 000
Total Equity	3 235 000	3 165 000	35 797 000	52 676 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	13 000	0
Unpaid Taxes	0	0	14 000	13 000
Dividends	0	6 350 000	0	0
Other Current Debt	4 595 000	0	0	0
Total Current Debt	4 595 000	6 350 000	26 000	13 000
Total Equity and Debt	7 830 000	9 515 000	35 823 000	52 689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,9 %	1 618,26 %	61,8 %	−0,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−205,88 %	-	-	-
Current Ratio	1,44	1,08	169,15	25,54
Quick Ratio	1,44	1,08	169,15	25,54
Equity Ratio	0,41	0,33	1	1
Gross Profit Margin	1 241,18 %	-	-	-