HVITTINGFOSS UTVIKLING AS

3611 KONGSBERG

Finances

Share Ownership

Return on Equity

−5,69 %

Current Ratio

63,87

Debt-to-Equity Ratio

4,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−55 000	−105 000	147 000	−34 000
Total Assets	5 357 000	4 751 000	4 551 000	3 309 000
Total Equity	966 000	1 021 000	1 125 000	978 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	70 000	134 000	30 000	34 000
Operating Profit	−70 000	−134 000	−30 000	−34 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	0
Earnings Before Tax	−70 000	−134 000	−30 000	−34 000
Tax	−15 000	−29 000	−177 000	0
Net Income	−55 000	−105 000	147 000	−34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	822 000	507 000	477 000	0
Total Current Assets	4 535 000	4 244 000	4 073 000	3 309 000
Total Assets	5 357 000	4 751 000	4 551 000	3 309 000
Total Retained Equity	0	43 000	147 000	0
Total Equity	966 000	1 021 000	1 125 000	978 000
Total Long-Term Debt	4 320 000	3 725 000	3 426 000	2 331 000
Total Current Debt	71 000	6 000	0	0
Total Equity and Debt	5 357 000	4 751 000	4 551 000	3 309 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	70 000	134 000	30 000	34 000
Operating Profit	−70 000	−134 000	−30 000	−34 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−55 000	−105 000	147 000	−34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	222 000	207 000	177 000	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	600 000	300 000	300 000	0
Total Fixed Assets	822 000	507 000	477 000	0
Stock	4 535 000	4 144 000	3 973 000	3 209 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	4 535 000	4 244 000	4 073 000	3 309 000
Total Assets	5 357 000	4 751 000	4 551 000	3 309 000
Total Equity	966 000	1 021 000	1 125 000	978 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 320 000	3 725 000	3 426 000	2 331 000
Creditors	71 000	6 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	71 000	6 000	0	0
Total Equity and Debt	5 357 000	4 751 000	4 551 000	3 309 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,69 %	−10,28 %	13,07 %	−3,48 %
Debt-to-Equity Ratio	4,47	3,65	3,05	2,38
Operating Profit Margin	-	-	-	-
Current Ratio	63,87	707,33	-	-
Quick Ratio	−1,02	−1,03	−1,03	−1,03
Equity Ratio	0,18	0,21	0,25	0,3
Gross Profit Margin	-	-	-	-