HG WILLASSEN AS

8387 FREDVANG

Finances

Share Ownership

Return on Equity

−3,82 %

Current Ratio

62,93

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 952 000	727 000	1 136 000	1 512 000
Net Income	−678 000	−112 000	−451 000	484 000
Total Assets	22 850 000	24 403 000	27 325 000	28 391 000
Total Equity	17 768 000	19 446 000	22 258 000	28 359 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 952 000	727 000	1 136 000	1 512 000
Expenditure	2 192 000	1 628 000	2 185 000	2 782 000
Operating Profit	−240 000	−902 000	−1 050 000	−1 270 000
Financial Income	202 000	931 000	746 000	1 978 000
Financial Costs	640 000	142 000	147 000	224 000
Financial Balance	−438 000	789 000	599 000	1 754 000
Earnings Before Tax	−678 000	−112 000	−451 000	484 000
Tax	0	0	0	0
Net Income	−678 000	−112 000	−451 000	484 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 452 000	10 739 000	11 253 000	11 409 000
Total Current Assets	12 398 000	13 664 000	16 072 000	16 982 000
Total Assets	22 850 000	24 403 000	27 325 000	28 391 000
Total Retained Equity	11 002 000	12 680 000	15 492 000	21 593 000
Total Equity	17 768 000	19 446 000	22 258 000	28 359 000
Total Long-Term Debt	4 885 000	4 154 000	4 500 000	0
Total Current Debt	197 000	804 000	567 000	32 000
Total Equity and Debt	22 850 000	24 403 000	27 325 000	28 391 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 913 000	620 000	1 136 000	1 512 000
Other Income	39 000	106 000	0	0
Revenue	1 952 000	727 000	1 136 000	1 512 000
Cost of Goods Sold	147 000	20 000	113 000	87 000
Salary Costs	322 000	8 000	681 000	1 012 000
Depreciation	629 000	604 000	601 000	582 000
Impairment	0	0	0	0
Expenditure	2 192 000	1 628 000	2 185 000	2 782 000
Operating Profit	−240 000	−902 000	−1 050 000	−1 270 000
Financial Income	202 000	931 000	746 000	1 978 000
Financial Costs	640 000	142 000	147 000	224 000
Financial Balance	−438 000	789 000	599 000	1 754 000
Dividends	1 000 000	2 700 000	5 650 000	10 000 000
Net Income	−678 000	−112 000	−451 000	484 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 801 000	3 801 000	3 801 000	3 401 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	471 000	198 000	244 000	240 000
Total Tangible Assets	6 491 000	6 778 000	7 382 000	7 938 000
Total Fiancial Fixed Assets	160 000	160 000	70 000	70 000
Total Fixed Assets	10 452 000	10 739 000	11 253 000	11 409 000
Stock	0	0	0	0
Total Investments	9 967 000	10 337 000	12 232 000	15 493 000
Cash, Bank	2 337 000	2 719 000	3 659 000	1 313 000
Total Current Assets	12 398 000	13 664 000	16 072 000	16 982 000
Total Assets	22 850 000	24 403 000	27 325 000	28 391 000
Total Equity	17 768 000	19 446 000	22 258 000	28 359 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 885 000	4 154 000	4 500 000	0
Creditors	27 000	731 000	105 000	32 000
Unpaid Taxes	36 000	0	0	0
Dividends	1 000 000	2 700 000	5 650 000	10 000 000
Other Current Debt	134 000	73 000	462 000	0
Total Current Debt	197 000	804 000	567 000	32 000
Total Equity and Debt	22 850 000	24 403 000	27 325 000	28 391 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,82 %	−0,58 %	−2,03 %	1,71 %
Debt-to-Equity Ratio	0,27	0,21	0,2	0
Operating Profit Margin	−12,3 %	−124,07 %	−92,43 %	−83,99 %
Current Ratio	62,93	17	28,35	530,69
Quick Ratio	62,93	17	28,35	530,69
Equity Ratio	0,78	0,8	0,81	1
Gross Profit Margin	92,47 %	97,25 %	90,05 %	94,25 %