HM UTVIKLING AS

2830 RAUFOSS

Finances

Share Ownership

Return on Equity

−4,63 %

Current Ratio

3,8

Debt-to-Equity Ratio

2,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	131 000	10 928 000	132 000	146 000
Net Income	−74 000	1 065 000	−4 000	12 000
Total Assets	5 952 000	4 397 000	10 767 000	3 332 000
Total Equity	1 600 000	1 674 000	608 000	612 000

Income (NOK)	2022	2021	2020	2019
Revenue	131 000	10 928 000	132 000	146 000
Expenditure	108 000	9 483 000	58 000	37 000
Operating Profit	23 000	1 445 000	75 000	109 000
Financial Income	0	0	0	0
Financial Costs	97 000	80 000	79 000	94 000
Financial Balance	−97 000	−80 000	−79 000	−94 000
Earnings Before Tax	−74 000	1 366 000	−4 000	15 000
Tax	0	300 000	−1 000	3 000
Net Income	−74 000	1 065 000	−4 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 994 000	0	1 000	0
Total Current Assets	958 000	4 397 000	10 766 000	3 332 000
Total Assets	5 952 000	4 397 000	10 767 000	3 332 000
Total Retained Equity	1 000 000	1 074 000	8 000	12 000
Total Equity	1 600 000	1 674 000	608 000	612 000
Total Long-Term Debt	4 100 000	0	1 020 000	2 717 000
Total Current Debt	252 000	2 723 000	9 139 000	3 000
Total Equity and Debt	5 952 000	4 397 000	10 767 000	3 332 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	10 735 000	0	0
Other Income	131 000	192 000	132 000	146 000
Revenue	131 000	10 928 000	132 000	146 000
Cost of Goods Sold	0	9 422 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	108 000	9 483 000	58 000	37 000
Operating Profit	23 000	1 445 000	75 000	109 000
Financial Income	0	0	0	0
Financial Costs	97 000	80 000	79 000	94 000
Financial Balance	−97 000	−80 000	−79 000	−94 000
Dividends	0	0	0	0
Net Income	−74 000	1 065 000	−4 000	12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	0
Real Eastate	4 994 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 994 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 994 000	0	1 000	0
Stock	821 000	3 578 000	9 122 000	3 311 000
Total Investments	0	0	0	0
Cash, Bank	125 000	807 000	1 644 000	22 000
Total Current Assets	958 000	4 397 000	10 766 000	3 332 000
Total Assets	5 952 000	4 397 000	10 767 000	3 332 000
Total Equity	1 600 000	1 674 000	608 000	612 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 100 000	0	1 020 000	2 717 000
Creditors	2 000	0	608 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	251 000	0	3 767 000	0
Total Current Debt	252 000	2 723 000	9 139 000	3 000
Total Equity and Debt	5 952 000	4 397 000	10 767 000	3 332 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,63 %	63,62 %	−0,66 %	1,96 %
Debt-to-Equity Ratio	2,56	0	1,68	4,44
Operating Profit Margin	17,56 %	13,22 %	56,82 %	74,66 %
Current Ratio	3,8	1,61	1,18	1 110,67
Quick Ratio	−1,68	−5,14	633,29	−1,01
Equity Ratio	0,27	0,38	0,06	0,18
Gross Profit Margin	100 %	13,78 %	100 %	100 %