HVIDSTEN EIENDOMSSELSKAP AS

1960 LØKEN

Finances

Share Ownership

Return on Equity

−234,29 %

Current Ratio

2,69

Debt-to-Equity Ratio

60,6

Key figures (NOK)	2022	2021	2020
Revenue	287 000	312 000	143 000
Net Income	−82 000	75 000	−61 000
Total Assets	2 221 000	2 218 000	2 235 000
Total Equity	35 000	37 000	−39 000

Income (NOK)	2022	2021	2020
Revenue	287 000	312 000	143 000
Expenditure	328 000	177 000	151 000
Operating Profit	−41 000	135 000	−8 000
Financial Income	0	0	0
Financial Costs	64 000	58 000	53 000
Financial Balance	−64 000	−58 000	−53 000
Earnings Before Tax	−105 000	77 000	−61 000
Tax	−23 000	2 000	0
Net Income	−82 000	75 000	−61 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 046 000	2 138 000	2 230 000
Total Current Assets	175 000	80 000	5 000
Total Assets	2 221 000	2 218 000	2 235 000
Total Retained Equity	13 000	14 000	−61 000
Total Equity	35 000	37 000	−39 000
Total Long-Term Debt	2 121 000	2 168 000	2 203 000
Total Current Debt	65 000	13 000	71 000
Total Equity and Debt	2 221 000	2 218 000	2 235 000

Cash flow (NOK)	2022	2021	2020
Sales Income	63 000	0	98 000
Other Income	224 000	312 000	45 000
Revenue	287 000	312 000	143 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	92 000	92 000	77 000
Impairment	0	0	0
Expenditure	328 000	177 000	151 000
Operating Profit	−41 000	135 000	−8 000
Financial Income	0	0	0
Financial Costs	64 000	58 000	53 000
Financial Balance	−64 000	−58 000	−53 000
Dividends	0	0	0
Net Income	−82 000	75 000	−61 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	2 046 000	2 138 000	2 230 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	2 046 000	2 138 000	2 230 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 046 000	2 138 000	2 230 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	72 000	67 000	5 000
Total Current Assets	175 000	80 000	5 000
Total Assets	2 221 000	2 218 000	2 235 000
Total Equity	35 000	37 000	−39 000
Short-Term Group Debt	34 000	6 000	26 000
Total Long-Term Debt	2 121 000	2 168 000	2 203 000
Creditors	20 000	7 000	8 000
Unpaid Taxes	1 000	−11 000	−4 000
Dividends	0	0	0
Other Current Debt	10 000	11 000	41 000
Total Current Debt	65 000	13 000	71 000
Total Equity and Debt	2 221 000	2 218 000	2 235 000

Financial indicators	2022	2021	2020
Return on Equity	−234,29 %	202,7 %	156,41 %
Debt-to-Equity Ratio	60,6	58,59	−56,49
Operating Profit Margin	−14,29 %	43,27 %	−5,59 %
Current Ratio	2,69	6,15	0,07
Quick Ratio	2,69	6,15	0,07
Equity Ratio	0,02	0,02	−0,02
Gross Profit Margin	100 %	100 %	100 %