HANNOVER HEAVY AS

3016 DRAMMEN

Finances

Return on Equity

41,72 %

Current Ratio

5,68

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 200 000	0	0	900 000
Net Income	973 000	−17 000	−18 000	687 000
Total Assets	2 600 000	1 359 000	1 376 000	2 102 000
Total Equity	2 332 000	1 359 000	1 376 000	1 394 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 200 000	0	0	900 000
Expenditure	24 000	21 000	18 000	4 000
Operating Profit	1 176 000	−21 000	−18 000	896 000
Financial Income	65 000	0	0	0
Financial Costs	0	0	0	15 000
Financial Balance	65 000	0	0	−15 000
Earnings Before Tax	1 241 000	−21 000	−18 000	881 000
Tax	268 000	−4 000	0	194 000
Net Income	973 000	−17 000	−18 000	687 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 080 000	1 025 000	1 025 000	1 025 000
Total Current Assets	1 521 000	334 000	351 000	1 077 000
Total Assets	2 600 000	1 359 000	1 376 000	2 102 000
Total Retained Equity	2 302 000	1 329 000	1 346 000	1 364 000
Total Equity	2 332 000	1 359 000	1 376 000	1 394 000
Total Long-Term Debt	0	0	0	500 000
Total Current Debt	268 000	0	0	208 000
Total Equity and Debt	2 600 000	1 359 000	1 376 000	2 102 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 200 000	0	0	900 000
Other Income	0	0	0	0
Revenue	1 200 000	0	0	900 000
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	24 000	21 000	18 000	4 000
Operating Profit	1 176 000	−21 000	−18 000	896 000
Financial Income	65 000	0	0	0
Financial Costs	0	0	0	15 000
Financial Balance	65 000	0	0	−15 000
Dividends	0	0	0	0
Net Income	973 000	−17 000	−18 000	687 000

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	1 080 000	1 025 000	1 025 000	1 025 000
Total Fixed Assets	1 080 000	1 025 000	1 025 000	1 025 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	388 000	334 000	351 000	877 000
Total Current Assets	1 521 000	334 000	351 000	1 077 000
Total Assets	2 600 000	1 359 000	1 376 000	2 102 000
Total Equity	2 332 000	1 359 000	1 376 000	1 394 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	500 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	14 000
Total Current Debt	268 000	0	0	208 000
Total Equity and Debt	2 600 000	1 359 000	1 376 000	2 102 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,72 %	−1,25 %	−1,31 %	49,28 %
Debt-to-Equity Ratio	0	0	0	0,36
Operating Profit Margin	98 %	-	-	99,56 %
Current Ratio	5,68	-	-	5,18
Quick Ratio	5,68	-	-	5,18
Equity Ratio	0,9	1	1	0,66
Gross Profit Margin	100 %	-	-	100 %