HESSELBERG EIENDOM AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

−1,16 %

Current Ratio

0,88

Debt-to-Equity Ratio

3,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 802 000	22 108 000	10 545 000	0
Net Income	−905 000	903 000	184 000	710 000
Total Assets	338 802 000	276 641 000	275 077 000	253 907 000
Total Equity	77 934 000	42 117 000	61 213 000	5 472 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 802 000	22 108 000	10 545 000	0
Expenditure	28 472 000	16 410 000	7 048 000	110 000
Operating Profit	7 330 000	5 697 000	3 497 000	−110 000
Financial Income	0	2 000	322 000	1 308 000
Financial Costs	8 490 000	4 541 000	2 842 000	272 000
Financial Balance	−8 490 000	−4 539 000	−2 520 000	1 036 000
Earnings Before Tax	−1 160 000	1 158 000	977 000	926 000
Tax	−255 000	255 000	793 000	215 000
Net Income	−905 000	903 000	184 000	710 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	333 858 000	253 979 000	265 541 000	215 743 000
Total Current Assets	4 944 000	22 662 000	9 536 000	38 164 000
Total Assets	338 802 000	276 641 000	275 077 000	253 907 000
Total Retained Equity	0	0	1 264 000	522 000
Total Equity	77 934 000	42 117 000	61 213 000	5 472 000
Total Long-Term Debt	255 228 000	208 037 000	208 432 000	228 090 000
Total Current Debt	5 639 000	26 487 000	5 432 000	20 346 000
Total Equity and Debt	338 802 000	276 641 000	275 077 000	253 907 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	35 802 000	22 108 000	10 545 000	0
Other Income	0	0	0	0
Revenue	35 802 000	22 108 000	10 545 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	2 680 000	27 000	0	0
Depreciation	14 166 000	9 672 000	4 617 000	0
Impairment	0	0	0	0
Expenditure	28 472 000	16 410 000	7 048 000	110 000
Operating Profit	7 330 000	5 697 000	3 497 000	−110 000
Financial Income	0	2 000	322 000	1 308 000
Financial Costs	8 490 000	4 541 000	2 842 000	272 000
Financial Balance	−8 490 000	−4 539 000	−2 520 000	1 036 000
Dividends	0	0	0	0
Net Income	−905 000	903 000	184 000	710 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	118 000
Real Eastate	331 877 000	252 817 000	261 946 000	188 804 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 981 000	1 163 000	610 000	0
Total Tangible Assets	333 858 000	253 979 000	262 557 000	188 804 000
Total Fiancial Fixed Assets	0	0	2 985 000	26 822 000
Total Fixed Assets	333 858 000	253 979 000	265 541 000	215 743 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	143 000	165 000	170 000	17 103 000
Total Current Assets	4 944 000	22 662 000	9 536 000	38 164 000
Total Assets	338 802 000	276 641 000	275 077 000	253 907 000
Total Equity	77 934 000	42 117 000	61 213 000	5 472 000
Short-Term Group Debt	0	20 000 000	0	0
Total Long-Term Debt	255 228 000	208 037 000	208 432 000	228 090 000
Creditors	1 323 000	158 000	493 000	20 346 000
Unpaid Taxes	715 000	695 000	0	0
Dividends	0	0	0	0
Other Current Debt	2 459 000	4 985 000	4 939 000	0
Total Current Debt	5 639 000	26 487 000	5 432 000	20 346 000
Total Equity and Debt	338 802 000	276 641 000	275 077 000	253 907 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,16 %	2,14 %	0,3 %	12,98 %
Debt-to-Equity Ratio	3,27	4,94	3,41	41,68
Operating Profit Margin	20,47 %	25,77 %	33,16 %	-
Current Ratio	0,88	0,86	1,76	1,88
Quick Ratio	0,88	0,86	1,76	1,88
Equity Ratio	0,23	0,15	0,22	0,02
Gross Profit Margin	100 %	100 %	100 %	-