THE HILLS HOLDING AS

3917 PORSGRUNN

Finances

Return on Equity

−9,23 %

Current Ratio

42,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	0	0	0
Net Income	−1 576 000	20 700 000	1 649 000
Total Assets	17 491 000	22 051 000	2 093 000
Total Equity	17 084 000	20 460 000	1 217 000

Income (NOK)	2022	2021	2020
Revenue	0	0	0
Expenditure	64 000	42 000	16 000
Operating Profit	−64 000	−42 000	−16 000
Financial Income	561 000	20 871 000	1 680 000
Financial Costs	2 073 000	0	10 000
Financial Balance	−1 512 000	20 871 000	1 670 000
Earnings Before Tax	−1 576 000	20 829 000	1 655 000
Tax	0	129 000	5 000
Net Income	−1 576 000	20 700 000	1 649 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	375 000	375 000	325 000
Total Current Assets	17 115 000	21 676 000	1 768 000
Total Assets	17 491 000	22 051 000	2 093 000
Total Retained Equity	16 836 000	20 212 000	969 000
Total Equity	17 084 000	20 460 000	1 217 000
Total Long-Term Debt	0	0	5 000
Total Current Debt	407 000	1 591 000	871 000
Total Equity and Debt	17 491 000	22 051 000	2 093 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	0	0	0
Revenue	0	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	64 000	42 000	16 000
Operating Profit	−64 000	−42 000	−16 000
Financial Income	561 000	20 871 000	1 680 000
Financial Costs	2 073 000	0	10 000
Financial Balance	−1 512 000	20 871 000	1 670 000
Dividends	0	1 140 000	680 000
Net Income	−1 576 000	20 700 000	1 649 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	375 000	375 000	325 000
Total Fixed Assets	375 000	375 000	325 000
Stock	0	0	0
Total Investments	11 971 000	0	0
Cash, Bank	4 100 000	336 000	88 000
Total Current Assets	17 115 000	21 676 000	1 768 000
Total Assets	17 491 000	22 051 000	2 093 000
Total Equity	17 084 000	20 460 000	1 217 000
Short-Term Group Debt	407 000	407 000	0
Total Long-Term Debt	0	0	5 000
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	0	1 140 000	680 000
Other Current Debt	0	0	871 000
Total Current Debt	407 000	1 591 000	871 000
Total Equity and Debt	17 491 000	22 051 000	2 093 000

Financial indicators	2022	2021	2020
Return on Equity	−9,23 %	101,17 %	135,5 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	-	-	-
Current Ratio	42,05	13,62	2,03
Quick Ratio	42,05	13,62	2,03
Equity Ratio	0,98	0,93	0,58
Gross Profit Margin	-	-	-