HVN 839 AS

1892 DEGERNES

Finances

Share Ownership

Return on Equity

51,5 %

Current Ratio

Debt-to-Equity Ratio

−3,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	170 000	464 000	820 000	644 000
Net Income	−446 000	−174 000	−32 000	−26 000
Total Assets	4 475 000	4 757 000	5 015 000	4 634 000
Total Equity	−866 000	−420 000	−246 000	−214 000

Income (NOK)	2022	2021	2020	2019
Revenue	170 000	464 000	820 000	644 000
Expenditure	585 000	536 000	700 000	586 000
Operating Profit	−415 000	−72 000	120 000	58 000
Financial Income	5 000	5 000	6 000	1 000
Financial Costs	163 000	156 000	167 000	153 000
Financial Balance	−158 000	−151 000	−161 000	−152 000
Earnings Before Tax	−572 000	−223 000	−41 000	−94 000
Tax	−126 000	−49 000	−9 000	−69 000
Net Income	−446 000	−174 000	−32 000	−26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 475 000	4 718 000	4 977 000	4 355 000
Total Current Assets	0	39 000	39 000	279 000
Total Assets	4 475 000	4 757 000	5 015 000	4 634 000
Total Retained Equity	−889 000	−443 000	−269 000	−237 000
Total Equity	−866 000	−420 000	−246 000	−214 000
Total Long-Term Debt	3 124 000	3 334 000	3 627 000	3 276 000
Total Current Debt	2 217 000	1 843 000	1 634 000	1 572 000
Total Equity and Debt	4 475 000	4 757 000	5 015 000	4 634 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	170 000	464 000	820 000	644 000
Revenue	170 000	464 000	820 000	644 000
Cost of Goods Sold	0	9 000	0	0
Salary Costs	0	0	0	0
Depreciation	308 000	308 000	263 000	261 000
Impairment	0	0	0	0
Expenditure	585 000	536 000	700 000	586 000
Operating Profit	−415 000	−72 000	120 000	58 000
Financial Income	5 000	5 000	6 000	1 000
Financial Costs	163 000	156 000	167 000	153 000
Financial Balance	−158 000	−151 000	−161 000	−152 000
Dividends	0	0	0	0
Net Income	−446 000	−174 000	−32 000	−26 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	253 000	127 000	78 000	69 000
Real Eastate	3 389 000	3 668 000	3 947 000	3 603 000
Machinery and Plant Facilities	176 000	205 000	235 000	264 000
Fixtures	0	0	0	0
Total Tangible Assets	3 565 000	3 873 000	4 181 000	3 867 000
Total Fiancial Fixed Assets	658 000	718 000	718 000	419 000
Total Fixed Assets	4 475 000	4 718 000	4 977 000	4 355 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	1 000	3 000	144 000
Total Current Assets	0	39 000	39 000	279 000
Total Assets	4 475 000	4 757 000	5 015 000	4 634 000
Total Equity	−866 000	−420 000	−246 000	−214 000
Short-Term Group Debt	663 000	269 000	47 000	10 000
Total Long-Term Debt	3 124 000	3 334 000	3 627 000	3 276 000
Creditors	26 000	46 000	46 000	34 000
Unpaid Taxes	0	0	13 000	0
Dividends	0	0	0	0
Other Current Debt	1 528 000	1 528 000	1 528 000	1 528 000
Total Current Debt	2 217 000	1 843 000	1 634 000	1 572 000
Total Equity and Debt	4 475 000	4 757 000	5 015 000	4 634 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,5 %	41,43 %	13,01 %	12,15 %
Debt-to-Equity Ratio	−3,61	−7,94	−14,74	−15,31
Operating Profit Margin	−244,12 %	−15,52 %	14,63 %	9,01 %
Current Ratio	0	0,02	0,02	0,18
Quick Ratio	0	0,02	0,02	0,18
Equity Ratio	−0,19	−0,09	−0,05	−0,05
Gross Profit Margin	100 %	98,06 %	100 %	100 %