HCG UTVIKLING AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

4,59 %

Current Ratio

3,28

Debt-to-Equity Ratio

−4,59

Key figures (NOK)	2022	2021	2020
Revenue	200 000	206 000	0
Net Income	−39 000	40 000	−890 000
Total Assets	3 074 000	3 089 000	3 071 000
Total Equity	−849 000	−811 000	−851 000

Income (NOK)	2022	2021	2020
Revenue	200 000	206 000	0
Expenditure	59 000	72 000	804 000
Operating Profit	140 000	134 000	−804 000
Financial Income	0	0	0
Financial Costs	179 000	94 000	86 000
Financial Balance	−179 000	−94 000	−86 000
Earnings Before Tax	−39 000	40 000	−890 000
Tax	0	0	0
Net Income	−39 000	40 000	−890 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 992 000	2 992 000	2 992 000
Total Current Assets	82 000	96 000	79 000
Total Assets	3 074 000	3 089 000	3 071 000
Total Retained Equity	−894 000	−856 000	−896 000
Total Equity	−849 000	−811 000	−851 000
Total Long-Term Debt	3 898 000	3 878 000	2 560 000
Total Current Debt	25 000	21 000	1 361 000
Total Equity and Debt	3 074 000	3 089 000	3 071 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	200 000	206 000	0
Revenue	200 000	206 000	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	59 000	72 000	804 000
Operating Profit	140 000	134 000	−804 000
Financial Income	0	0	0
Financial Costs	179 000	94 000	86 000
Financial Balance	−179 000	−94 000	−86 000
Dividends	0	0	0
Net Income	−39 000	40 000	−890 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	2 992 000	2 992 000	2 992 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	2 992 000	2 992 000	2 992 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 992 000	2 992 000	2 992 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	82 000	96 000	76 000
Total Current Assets	82 000	96 000	79 000
Total Assets	3 074 000	3 089 000	3 071 000
Total Equity	−849 000	−811 000	−851 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 898 000	3 878 000	2 560 000
Creditors	0	5 000	4 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	25 000	16 000	1 357 000
Total Current Debt	25 000	21 000	1 361 000
Total Equity and Debt	3 074 000	3 089 000	3 071 000

Financial indicators	2022	2021	2020
Return on Equity	4,59 %	−4,93 %	104,58 %
Debt-to-Equity Ratio	−4,59	−4,78	−3,01
Operating Profit Margin	70 %	65,05 %	-
Current Ratio	3,28	4,57	0,06
Quick Ratio	3,28	4,57	0,06
Equity Ratio	−0,28	−0,26	−0,28
Gross Profit Margin	100 %	100 %	-