HELL KULTURUTVIKLING AS

7502 STJØRDAL

Finances

Share Ownership

Return on Equity

121,88 %

Current Ratio

39,14

Debt-to-Equity Ratio

−3,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	−160 000	702 000	711 000	−15 000
Net Income	−117 000	−230 000	624 000	−75 000
Total Assets	274 000	1 036 000	717 000	6 000
Total Equity	−96 000	21 000	251 000	−374 000

Income (NOK)	2022	2021	2020	2019
Revenue	−160 000	702 000	711 000	−15 000
Expenditure	−62 000	917 000	14 000	55 000
Operating Profit	−98 000	−216 000	697 000	−70 000
Financial Income	0	0	0	0
Financial Costs	20 000	14 000	11 000	5 000
Financial Balance	−20 000	−14 000	−11 000	−5 000
Earnings Before Tax	−117 000	−230 000	686 000	−75 000
Tax	0	0	62 000	0
Net Income	−117 000	−230 000	624 000	−75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	274 000	1 036 000	717 000	6 000
Total Assets	274 000	1 036 000	717 000	6 000
Total Retained Equity	−126 000	−9 000	221 000	−404 000
Total Equity	−96 000	21 000	251 000	−374 000
Total Long-Term Debt	363 000	352 000	368 000	357 000
Total Current Debt	7 000	663 000	99 000	22 000
Total Equity and Debt	274 000	1 036 000	717 000	6 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	281 000	0	−15 000
Other Income	−160 000	420 000	711 000	0
Revenue	−160 000	702 000	711 000	−15 000
Cost of Goods Sold	−152 000	787 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−62 000	917 000	14 000	55 000
Operating Profit	−98 000	−216 000	697 000	−70 000
Financial Income	0	0	0	0
Financial Costs	20 000	14 000	11 000	5 000
Financial Balance	−20 000	−14 000	−11 000	−5 000
Dividends	0	0	0	0
Net Income	−117 000	−230 000	624 000	−75 000

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	124 000	349 000	2 000	6 000
Total Current Assets	274 000	1 036 000	717 000	6 000
Total Assets	274 000	1 036 000	717 000	6 000
Total Equity	−96 000	21 000	251 000	−374 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	363 000	352 000	368 000	357 000
Creditors	7 000	208 000	29 000	13 000
Unpaid Taxes	0	0	0	2 000
Dividends	0	0	0	0
Other Current Debt	0	455 000	7 000	7 000
Total Current Debt	7 000	663 000	99 000	22 000
Total Equity and Debt	274 000	1 036 000	717 000	6 000

Financial indicators	2022	2021	2020	2019
Return on Equity	121,88 %	−1 095,24 %	248,61 %	20,05 %
Debt-to-Equity Ratio	−3,78	16,76	1,47	−0,95
Operating Profit Margin	61,25 %	−30,77 %	98,03 %	466,67 %
Current Ratio	39,14	1,56	7,24	0,27
Quick Ratio	39,14	1,56	7,24	0,27
Equity Ratio	−0,35	0,02	0,35	−62,33
Gross Profit Margin	5 %	−12,11 %	100 %	100 %