A. HESSELBERG AS

3256 LARVIK

Finances

Return on Equity

0,74 %

Current Ratio

0,34

Debt-to-Equity Ratio

−0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	64 000	1 028 000	2 797 000	3 039 000
Net Income	−15 000	−1 065 000	−580 000	−422 000
Total Assets	166 000	69 000	1 548 000	2 145 000
Total Equity	−2 024 000	−2 009 000	−944 000	−364 000

Income (NOK)	2022	2021	2020	2019
Revenue	64 000	1 028 000	2 797 000	3 039 000
Expenditure	72 000	2 094 000	3 375 000	3 492 000
Operating Profit	−9 000	−1 065 000	−577 000	−453 000
Financial Income	1 000	3 000	−1 000	34 000
Financial Costs	7 000	2 000	3 000	4 000
Financial Balance	−6 000	1 000	−4 000	30 000
Earnings Before Tax	−15 000	−1 065 000	−580 000	−422 000
Tax	0	0	0	0
Net Income	−15 000	−1 065 000	−580 000	−422 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	30 000	227 000	387 000
Total Current Assets	136 000	39 000	1 321 000	1 758 000
Total Assets	166 000	69 000	1 548 000	2 145 000
Total Retained Equity	−2 054 000	−2 039 000	−974 000	−394 000
Total Equity	−2 024 000	−2 009 000	−944 000	−364 000
Total Long-Term Debt	1 796 000	1 832 000	1 756 000	1 806 000
Total Current Debt	395 000	246 000	736 000	703 000
Total Equity and Debt	166 000	69 000	1 548 000	2 145 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 000	1 536 000	2 797 000	3 039 000
Other Income	25 000	−508 000	0	0
Revenue	64 000	1 028 000	2 797 000	3 039 000
Cost of Goods Sold	3 000	97 000	207 000	60 000
Salary Costs	0	1 027 000	1 812 000	2 376 000
Depreciation	0	0	160 000	176 000
Impairment	0	197 000	0	0
Expenditure	72 000	2 094 000	3 375 000	3 492 000
Operating Profit	−9 000	−1 065 000	−577 000	−453 000
Financial Income	1 000	3 000	−1 000	34 000
Financial Costs	7 000	2 000	3 000	4 000
Financial Balance	−6 000	1 000	−4 000	30 000
Dividends	0	0	0	0
Net Income	−15 000	−1 065 000	−580 000	−422 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	197 000	309 000
Total Intangible Assets	0	0	197 000	309 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	47 000
Total Tangible Assets	0	0	0	47 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	30 000
Total Fixed Assets	30 000	30 000	227 000	387 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	56 000	7 000	93 000	215 000
Total Current Assets	136 000	39 000	1 321 000	1 758 000
Total Assets	166 000	69 000	1 548 000	2 145 000
Total Equity	−2 024 000	−2 009 000	−944 000	−364 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 796 000	1 832 000	1 756 000	1 806 000
Creditors	88 000	129 000	42 000	49 000
Unpaid Taxes	56 000	63 000	215 000	299 000
Dividends	0	0	0	0
Other Current Debt	250 000	54 000	479 000	354 000
Total Current Debt	395 000	246 000	736 000	703 000
Total Equity and Debt	166 000	69 000	1 548 000	2 145 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,74 %	53,01 %	61,44 %	115,93 %
Debt-to-Equity Ratio	−0,89	−0,91	−1,86	−4,96
Operating Profit Margin	−14,06 %	−103,6 %	−20,63 %	−14,91 %
Current Ratio	0,34	0,16	1,79	2,5
Quick Ratio	0,34	0,16	1,79	2,5
Equity Ratio	−12,19	−29,12	−0,61	−0,17
Gross Profit Margin	95,31 %	90,56 %	92,6 %	98,03 %