HEGDALVEIEN 63C AS

3262 LARVIK

Finances

Share Ownership

Return on Equity

−219,23 %

Current Ratio

1,28

Debt-to-Equity Ratio

125

Key figures (NOK)	2022	2021	2020
Revenue	300 000	300 000	13 000
Net Income	−57 000	49 000	4 000
Total Assets	3 319 000	3 422 000	35 000
Total Equity	26 000	83 000	34 000

Income (NOK)	2022	2021	2020
Revenue	300 000	300 000	13 000
Expenditure	221 000	133 000	7 000
Operating Profit	79 000	167 000	5 000
Financial Income	0	0	0
Financial Costs	153 000	104 000	0
Financial Balance	−153 000	−104 000	0
Earnings Before Tax	−73 000	63 000	5 000
Tax	−16 000	14 000	1 000
Net Income	−57 000	49 000	4 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 264 000	3 322 000	0
Total Current Assets	55 000	100 000	35 000
Total Assets	3 319 000	3 422 000	35 000
Total Retained Equity	−4 000	53 000	4 000
Total Equity	26 000	83 000	34 000
Total Long-Term Debt	3 250 000	3 314 000	0
Total Current Debt	43 000	25 000	1 000
Total Equity and Debt	3 319 000	3 422 000	35 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	300 000	300 000	13 000
Revenue	300 000	300 000	13 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	72 000	56 000	0
Impairment	0	0	0
Expenditure	221 000	133 000	7 000
Operating Profit	79 000	167 000	5 000
Financial Income	0	0	0
Financial Costs	153 000	104 000	0
Financial Balance	−153 000	−104 000	0
Dividends	0	0	0
Net Income	−57 000	49 000	4 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	13 000	0	0
Real Eastate	3 251 000	3 322 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	3 251 000	3 322 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 264 000	3 322 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	55 000	100 000	23 000
Total Current Assets	55 000	100 000	35 000
Total Assets	3 319 000	3 422 000	35 000
Total Equity	26 000	83 000	34 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 250 000	3 314 000	0
Creditors	34 000	0	0
Unpaid Taxes	5 000	13 000	0
Dividends	0	0	0
Other Current Debt	4 000	2 000	0
Total Current Debt	43 000	25 000	1 000
Total Equity and Debt	3 319 000	3 422 000	35 000

Financial indicators	2022	2021	2020
Return on Equity	−219,23 %	59,04 %	11,76 %
Debt-to-Equity Ratio	125	39,93	0
Operating Profit Margin	26,33 %	55,67 %	38,46 %
Current Ratio	1,28	4	35
Quick Ratio	1,28	4	35
Equity Ratio	0,01	0,02	0,97
Gross Profit Margin	100 %	100 %	100 %