HVIDSTEN UTVIKLING AS

1639 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

4,85 %

Current Ratio

23,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	87 000	1 150 000	0	0
Net Income	45 000	873 000	−7 000	−8 000
Total Assets	969 000	1 129 000	15 000	22 000
Total Equity	927 000	881 000	8 000	15 000

Income (NOK)	2022	2021	2020	2019
Revenue	87 000	1 150 000	0	0
Expenditure	29 000	37 000	7 000	8 000
Operating Profit	58 000	1 113 000	−7 000	−8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	58 000	1 113 000	−7 000	−8 000
Tax	13 000	240 000	0	0
Net Income	45 000	873 000	−7 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	969 000	1 129 000	15 000	22 000
Total Assets	969 000	1 129 000	15 000	22 000
Total Retained Equity	897 000	851 000	−22 000	−15 000
Total Equity	927 000	881 000	8 000	15 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	42 000	248 000	7 000	7 000
Total Equity and Debt	969 000	1 129 000	15 000	22 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	87 000	1 150 000	0	0
Other Income	0	0	0	0
Revenue	87 000	1 150 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	29 000	37 000	7 000	8 000
Operating Profit	58 000	1 113 000	−7 000	−8 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	45 000	873 000	−7 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	969 000	1 123 000	15 000	22 000
Total Current Assets	969 000	1 129 000	15 000	22 000
Total Assets	969 000	1 129 000	15 000	22 000
Total Equity	927 000	881 000	8 000	15 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	22 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 000	8 000	7 000	7 000
Total Current Debt	42 000	248 000	7 000	7 000
Total Equity and Debt	969 000	1 129 000	15 000	22 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,85 %	99,09 %	−87,5 %	−53,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	66,67 %	96,78 %	-	-
Current Ratio	23,07	4,55	2,14	3,14
Quick Ratio	23,07	4,55	2,14	3,14
Equity Ratio	0,96	0,78	0,53	0,68
Gross Profit Margin	100 %	100 %	-	-