HHC AS

6016 ÅLESUND

Finances

Return on Equity

86,87 %

Current Ratio

0,14

Debt-to-Equity Ratio

−3,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 000	8 000	6 000	0
Net Income	−225 000	−25 000	−19 000	−22 000
Total Assets	825 000	776 000	248 000	238 000
Total Equity	−259 000	−84 000	−58 000	−39 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 000	8 000	6 000	0
Expenditure	226 000	40 000	30 000	29 000
Operating Profit	−225 000	−32 000	−24 000	−29 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−225 000	−32 000	−24 000	−29 000
Tax	0	−7 000	−5 000	−6 000
Net Income	−225 000	−25 000	−19 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	801 000	752 000	230 000	224 000
Total Current Assets	24 000	24 000	18 000	14 000
Total Assets	825 000	776 000	248 000	238 000
Total Retained Equity	−289 000	−114 000	−88 000	−69 000
Total Equity	−259 000	−84 000	−58 000	−39 000
Total Long-Term Debt	915 000	715 000	200 000	200 000
Total Current Debt	169 000	145 000	106 000	78 000
Total Equity and Debt	825 000	776 000	248 000	238 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000	8 000	6 000	0
Other Income	0	0	0	0
Revenue	1 000	8 000	6 000	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	226 000	40 000	30 000	29 000
Operating Profit	−225 000	−32 000	−24 000	−29 000
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	−225 000	−25 000	−19 000	−22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	81 000	31 000	24 000	19 000
Real Eastate	206 000	206 000	206 000	206 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	206 000	206 000	206 000	206 000
Total Fiancial Fixed Assets	515 000	515 000	0	0
Total Fixed Assets	801 000	752 000	230 000	224 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 000	11 000	12 000	14 000
Total Current Assets	24 000	24 000	18 000	14 000
Total Assets	825 000	776 000	248 000	238 000
Total Equity	−259 000	−84 000	−58 000	−39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	915 000	715 000	200 000	200 000
Creditors	0	0	106 000	78 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	169 000	145 000	0	0
Total Current Debt	169 000	145 000	106 000	78 000
Total Equity and Debt	825 000	776 000	248 000	238 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,87 %	29,76 %	32,76 %	56,41 %
Debt-to-Equity Ratio	−3,53	−8,51	−3,45	−5,13
Operating Profit Margin	−22 500 %	−400 %	−400 %	-
Current Ratio	0,14	0,17	0,17	0,18
Quick Ratio	0,14	0,17	0,17	0,18
Equity Ratio	−0,31	−0,11	−0,23	−0,16
Gross Profit Margin	100 %	100 %	100 %	-