HN DEVELOPMENT AS

1394 NESBRU

Finances

Share Ownership

Return on Equity

504,79 %

Current Ratio

Debt-to-Equity Ratio

1,16

Key figures (NOK)	2022	2021	2020
Revenue	1 897 000	0	0
Net Income	949 000	−454 000	−337 000
Total Assets	459 000	25 408 000	10 221 000
Total Equity	188 000	−761 000	−307 000

Income (NOK)	2022	2021	2020
Revenue	1 897 000	0	0
Expenditure	663 000	64 000	57 000
Operating Profit	1 235 000	−64 000	−57 000
Financial Income	160 000	1 000	0
Financial Costs	400 000	391 000	280 000
Financial Balance	−240 000	−390 000	−280 000
Earnings Before Tax	994 000	−454 000	−337 000
Tax	45 000	0	0
Net Income	949 000	−454 000	−337 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	25 401 000	9 993 000
Total Current Assets	459 000	6 000	229 000
Total Assets	459 000	25 408 000	10 221 000
Total Retained Equity	158 000	−791 000	−337 000
Total Equity	188 000	−761 000	−307 000
Total Long-Term Debt	219 000	21 599 000	10 495 000
Total Current Debt	51 000	4 570 000	34 000
Total Equity and Debt	459 000	25 408 000	10 221 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	1 897 000	0	0
Revenue	1 897 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	663 000	64 000	57 000
Operating Profit	1 235 000	−64 000	−57 000
Financial Income	160 000	1 000	0
Financial Costs	400 000	391 000	280 000
Financial Balance	−240 000	−390 000	−280 000
Dividends	0	0	0
Net Income	949 000	−454 000	−337 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	25 401 000	9 993 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	25 401 000	9 993 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	25 401 000	9 993 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	459 000	6 000	229 000
Total Current Assets	459 000	6 000	229 000
Total Assets	459 000	25 408 000	10 221 000
Total Equity	188 000	−761 000	−307 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	219 000	21 599 000	10 495 000
Creditors	7 000	1 246 000	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	36 000	34 000
Total Current Debt	51 000	4 570 000	34 000
Total Equity and Debt	459 000	25 408 000	10 221 000

Financial indicators	2022	2021	2020
Return on Equity	504,79 %	59,66 %	109,77 %
Debt-to-Equity Ratio	1,16	−28,38	−34,19
Operating Profit Margin	65,1 %	-	-
Current Ratio	9	0	6,74
Quick Ratio	9	0	6,74
Equity Ratio	0,41	−0,03	−0,03
Gross Profit Margin	100 %	-	-