HEMNES UTVIKLING AS

1970 HEMNES

Finances

Return on Equity

−2,5 %

Current Ratio

1,66

Debt-to-Equity Ratio

3,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 256 000	749 000	7 824 000	518 000
Net Income	−104 000	−96 000	5 053 000	−456 000
Total Assets	17 457 000	7 311 000	8 943 000	12 308 000
Total Equity	4 162 000	4 265 000	4 361 000	−442 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 256 000	749 000	7 824 000	518 000
Expenditure	1 183 000	750 000	649 000	629 000
Operating Profit	73 000	−2 000	7 174 000	−111 000
Financial Income	197 000	0	1 000	21 000
Financial Costs	364 000	117 000	833 000	366 000
Financial Balance	−167 000	−117 000	−832 000	−345 000
Earnings Before Tax	−94 000	−119 000	6 342 000	−456 000
Tax	10 000	−24 000	1 290 000	0
Net Income	−104 000	−96 000	5 053 000	−456 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 077 000	6 837 000	5 461 000	11 833 000
Total Current Assets	380 000	474 000	3 482 000	475 000
Total Assets	17 457 000	7 311 000	8 943 000	12 308 000
Total Retained Equity	4 132 000	4 235 000	4 331 000	−472 000
Total Equity	4 162 000	4 265 000	4 361 000	−442 000
Total Long-Term Debt	13 067 000	2 924 000	3 063 000	10 390 000
Total Current Debt	229 000	122 000	1 519 000	2 360 000
Total Equity and Debt	17 457 000	7 311 000	8 943 000	12 308 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	461 000	121 000	0	0
Other Income	795 000	629 000	7 824 000	518 000
Revenue	1 256 000	749 000	7 824 000	518 000
Cost of Goods Sold	126 000	52 000	34 000	0
Salary Costs	0	0	0	0
Depreciation	222 000	212 000	60 000	190 000
Impairment	0	0	0	0
Expenditure	1 183 000	750 000	649 000	629 000
Operating Profit	73 000	−2 000	7 174 000	−111 000
Financial Income	197 000	0	1 000	21 000
Financial Costs	364 000	117 000	833 000	366 000
Financial Balance	−167 000	−117 000	−832 000	−345 000
Dividends	0	0	250 000	0
Net Income	−104 000	−96 000	5 053 000	−456 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 289 000	6 735 000	5 299 000	11 833 000
Machinery and Plant Facilities	76 000	103 000	0	0
Fixtures	0	0	162 000	0
Total Tangible Assets	4 366 000	6 837 000	5 461 000	11 833 000
Total Fiancial Fixed Assets	12 712 000	0	0	0
Total Fixed Assets	17 077 000	6 837 000	5 461 000	11 833 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	116 000	325 000	3 463 000	475 000
Total Current Assets	380 000	474 000	3 482 000	475 000
Total Assets	17 457 000	7 311 000	8 943 000	12 308 000
Total Equity	4 162 000	4 265 000	4 361 000	−442 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 067 000	2 924 000	3 063 000	10 390 000
Creditors	92 000	48 000	4 000	2 328 000
Unpaid Taxes	17 000	0	0	0
Dividends	0	0	250 000	0
Other Current Debt	120 000	74 000	0	32 000
Total Current Debt	229 000	122 000	1 519 000	2 360 000
Total Equity and Debt	17 457 000	7 311 000	8 943 000	12 308 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,5 %	−2,25 %	115,87 %	103,17 %
Debt-to-Equity Ratio	3,14	0,69	0,7	−23,51
Operating Profit Margin	5,81 %	−0,27 %	91,69 %	−21,43 %
Current Ratio	1,66	3,89	2,29	0,2
Quick Ratio	1,66	3,89	2,29	0,2
Equity Ratio	0,24	0,58	0,49	−0,04
Gross Profit Margin	89,97 %	93,06 %	99,57 %	100 %