HIVAND EIENDOM AS

9910 BJØRNEVATN

Finances

Share Ownership

Return on Equity

−21,3 %

Current Ratio

0,63

Debt-to-Equity Ratio

3,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	386 000	270 000	264 000	830 000
Net Income	−209 000	−238 000	−46 000	−490 000
Total Assets	5 279 000	5 158 000	5 259 000	5 317 000
Total Equity	981 000	1 190 000	1 428 000	−427 000

Income (NOK)	2022	2021	2020	2019
Revenue	386 000	270 000	264 000	830 000
Expenditure	225 000	250 000	187 000	1 071 000
Operating Profit	161 000	20 000	77 000	−241 000
Financial Income	0	0	0	0
Financial Costs	370 000	258 000	231 000	151 000
Financial Balance	−370 000	−258 000	−231 000	−151 000
Earnings Before Tax	−209 000	−238 000	−154 000	−392 000
Tax	0	0	−109 000	98 000
Net Income	−209 000	−238 000	−46 000	−490 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 904 000	4 986 000	4 136 000	4 218 000
Total Current Assets	374 000	172 000	1 123 000	1 099 000
Total Assets	5 279 000	5 158 000	5 259 000	5 317 000
Total Retained Equity	−949 000	−740 000	−502 000	−457 000
Total Equity	981 000	1 190 000	1 428 000	−427 000
Total Long-Term Debt	3 705 000	3 592 000	3 368 000	5 221 000
Total Current Debt	593 000	377 000	464 000	524 000
Total Equity and Debt	5 279 000	5 158 000	5 259 000	5 317 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	386 000	270 000	264 000	830 000
Revenue	386 000	270 000	264 000	830 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	82 000	82 000	82 000	82 000
Impairment	0	0	0	0
Expenditure	225 000	250 000	187 000	1 071 000
Operating Profit	161 000	20 000	77 000	−241 000
Financial Income	0	0	0	0
Financial Costs	370 000	258 000	231 000	151 000
Financial Balance	−370 000	−258 000	−231 000	−151 000
Dividends	0	0	0	0
Net Income	−209 000	−238 000	−46 000	−490 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 972 000	4 054 000	4 136 000	4 218 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 972 000	4 054 000	4 136 000	4 218 000
Total Fiancial Fixed Assets	932 000	932 000	0	0
Total Fixed Assets	4 904 000	4 986 000	4 136 000	4 218 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	148 000	142 000	24 000	27 000
Total Current Assets	374 000	172 000	1 123 000	1 099 000
Total Assets	5 279 000	5 158 000	5 259 000	5 317 000
Total Equity	981 000	1 190 000	1 428 000	−427 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 705 000	3 592 000	3 368 000	5 221 000
Creditors	25 000	19 000	16 000	31 000
Unpaid Taxes	13 000	7 000	2 000	41 000
Dividends	0	0	0	0
Other Current Debt	363 000	350 000	350 000	350 000
Total Current Debt	593 000	377 000	464 000	524 000
Total Equity and Debt	5 279 000	5 158 000	5 259 000	5 317 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,3 %	−20 %	−3,22 %	114,75 %
Debt-to-Equity Ratio	3,78	3,02	2,36	−12,23
Operating Profit Margin	41,71 %	7,41 %	29,17 %	−29,04 %
Current Ratio	0,63	0,46	2,42	2,1
Quick Ratio	0,63	0,46	2,42	2,1
Equity Ratio	0,19	0,23	0,27	−0,08
Gross Profit Margin	100 %	100 %	100 %	100 %