HVEISEL AS

0383 OSLO

Finances

Return on Equity

110,95 %

Current Ratio

0,11

Debt-to-Equity Ratio

−0,08

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	0	0	18 000
Net Income	18 356 000	0	37 000	−95 000
Total Assets	17 033 000	838 000	838 000	54 000
Total Equity	16 545 000	−12 000	−12 000	−48 000

Income (NOK)	2021	2019	2018
Revenue	0	0	18 000
Expenditure	11 000	−37 000	119 000
Operating Profit	−11 000	37 000	−101 000
Financial Income	20 918 000	0	0
Financial Costs	2 551 000	0	0
Financial Balance	18 367 000	0	0
Earnings Before Tax	18 356 000	37 000	−101 000
Tax	0	0	−5 000
Net Income	18 356 000	37 000	−95 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	16 837 000	839 000	839 000	0
Total Current Assets	196 000	−1 000	−1 000	54 000
Total Assets	17 033 000	838 000	838 000	54 000
Total Retained Equity	16 520 000	−36 000	−36 000	−73 000
Total Equity	16 545 000	−12 000	−12 000	−48 000
Total Long-Term Debt	−1 332 000	839 000	839 000	0
Total Current Debt	1 820 000	10 000	10 000	102 000
Total Equity and Debt	17 033 000	838 000	838 000	54 000

Cash flow (NOK)	2021	2019	2018
Sales Income	0	0	18 000
Other Income	0	0	0
Revenue	0	0	18 000
Cost of Goods Sold	0	0	0
Salary Costs	0	−37 000	96 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	11 000	−37 000	119 000
Operating Profit	−11 000	37 000	−101 000
Financial Income	20 918 000	0	0
Financial Costs	2 551 000	0	0
Financial Balance	18 367 000	0	0
Dividends	1 800 000	0	0
Net Income	18 356 000	37 000	−95 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	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	16 837 000	839 000	839 000	0
Total Fixed Assets	16 837 000	839 000	839 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	196 000	−1 000	−1 000	15 000
Total Current Assets	196 000	−1 000	−1 000	54 000
Total Assets	17 033 000	838 000	838 000	54 000
Total Equity	16 545 000	−12 000	−12 000	−48 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−1 332 000	839 000	839 000	0
Creditors	20 000	10 000	10 000	33 000
Unpaid Taxes	0	0	0	36 000
Dividends	1 800 000	0	0	0
Other Current Debt	0	0	0	33 000
Total Current Debt	1 820 000	10 000	10 000	102 000
Total Equity and Debt	17 033 000	838 000	838 000	54 000

Financial indicators	2021	2020	2019	2018
Return on Equity	110,95 %	−0 %	−308,33 %	197,92 %
Debt-to-Equity Ratio	−0,08	−69,92	−69,92	−0
Operating Profit Margin	-	-	-	−561,11 %
Current Ratio	0,11	−0,1	−0,1	0,53
Quick Ratio	0,11	−0,1	−0,1	0,53
Equity Ratio	0,97	−0,01	−0,01	−0,89
Gross Profit Margin	-	-	-	100 %