HALHJEM EIENDOM AS

5105 EIDSVÅG I ÅSANE

Finances

Share Ownership

Return on Equity

68,6 %

Current Ratio

0,07

Debt-to-Equity Ratio

−4,1

Key figures (NOK)	2020	2019	2018	2017
Revenue	0	0	0	800 000
Net Income	−7 353 000	−143 000	−1 386 000	54 000
Total Assets	35 934 000	25 769 000	4 682 000	13 501 000
Total Equity	−10 718 000	−1 361 000	−1 218 000	84 000

Income (NOK)	2020	2019	2018	2017
Revenue	0	0	0	800 000
Expenditure	3 815 000	44 000	401 000	648 000
Operating Profit	−3 815 000	−44 000	−401 000	152 000
Financial Income	0	0	0	0
Financial Costs	3 537 000	99 000	985 000	81 000
Financial Balance	−3 537 000	−99 000	−985 000	−81 000
Earnings Before Tax	−7 353 000	−143 000	−1 386 000	71 000
Tax	0	0	0	17 000
Net Income	−7 353 000	−143 000	−1 386 000	54 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	35 738 000	26 290 000	4 088 000	13 470 000
Total Current Assets	196 000	−521 000	594 000	31 000
Total Assets	35 934 000	25 769 000	4 682 000	13 501 000
Total Retained Equity	−10 748 000	−1 391 000	−1 248 000	54 000
Total Equity	−10 718 000	−1 361 000	−1 218 000	84 000
Total Long-Term Debt	43 927 000	22 150 000	800 000	13 400 000
Total Current Debt	2 725 000	4 980 000	5 100 000	17 000
Total Equity and Debt	35 934 000	25 769 000	4 682 000	13 501 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	0	0	0	0
Other Income	0	0	0	800 000
Revenue	0	0	0	800 000
Cost of Goods Sold	0	0	9 000	519 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 815 000	44 000	401 000	648 000
Operating Profit	−3 815 000	−44 000	−401 000	152 000
Financial Income	0	0	0	0
Financial Costs	3 537 000	99 000	985 000	81 000
Financial Balance	−3 537 000	−99 000	−985 000	−81 000
Dividends	0	0	0	0
Net Income	−7 353 000	−143 000	−1 386 000	54 000

Balance details (NOK)	2020	2019	2018	2017
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	3 550 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	3 550 000
Total Fiancial Fixed Assets	35 738 000	26 290 000	4 088 000	9 920 000
Total Fixed Assets	35 738 000	26 290 000	4 088 000	13 470 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	−621 000	594 000	31 000
Total Current Assets	196 000	−521 000	594 000	31 000
Total Assets	35 934 000	25 769 000	4 682 000	13 501 000
Total Equity	−10 718 000	−1 361 000	−1 218 000	84 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	43 927 000	22 150 000	800 000	13 400 000
Creditors	413 000	−78 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 313 000	5 100 000	5 100 000	0
Total Current Debt	2 725 000	4 980 000	5 100 000	17 000
Total Equity and Debt	35 934 000	25 769 000	4 682 000	13 501 000

Financial indicators	2020	2019	2018	2017
Return on Equity	68,6 %	10,51 %	113,79 %	64,29 %
Debt-to-Equity Ratio	−4,1	−16,27	−0,66	159,52
Operating Profit Margin	-	-	-	19 %
Current Ratio	0,07	−0,1	0,12	1,82
Quick Ratio	0,07	−0,1	0,12	1,82
Equity Ratio	−0,3	−0,05	−0,26	0,01
Gross Profit Margin	-	-	-	35,13 %