OLAV HEGNAS VEI 9 AS

0585 OSLO

Finances

Share Ownership

Return on Equity

53,8 %

Current Ratio

0,32

Debt-to-Equity Ratio

−13,33

Key figures (NOK)	2022	2021	2020
Revenue	802 000	647 000	173 000
Net Income	−574 000	−227 000	−296 000
Total Assets	13 426 000	13 987 000	14 480 000
Total Equity	−1 067 000	−493 000	−266 000

Income (NOK)	2022	2021	2020
Revenue	802 000	647 000	173 000
Expenditure	868 000	469 000	238 000
Operating Profit	−65 000	178 000	−65 000
Financial Income	0	0	0
Financial Costs	509 000	405 000	232 000
Financial Balance	−509 000	−405 000	−232 000
Earnings Before Tax	−574 000	−227 000	−296 000
Tax	0	0	0
Net Income	−574 000	−227 000	−296 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	13 338 000	13 893 000	14 180 000
Total Current Assets	88 000	94 000	300 000
Total Assets	13 426 000	13 987 000	14 480 000
Total Retained Equity	−1 097 000	−523 000	−296 000
Total Equity	−1 067 000	−493 000	−266 000
Total Long-Term Debt	14 218 000	14 477 000	14 754 000
Total Current Debt	275 000	3 000	−7 000
Total Equity and Debt	13 426 000	13 987 000	14 480 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	802 000	647 000	173 000
Revenue	802 000	647 000	173 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	556 000	287 000	192 000
Impairment	0	0	0
Expenditure	868 000	469 000	238 000
Operating Profit	−65 000	178 000	−65 000
Financial Income	0	0	0
Financial Costs	509 000	405 000	232 000
Financial Balance	−509 000	−405 000	−232 000
Dividends	0	0	0
Net Income	−574 000	−227 000	−296 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	13 333 000	13 888 000	14 176 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	13 333 000	13 888 000	14 176 000
Total Fiancial Fixed Assets	5 000	5 000	5 000
Total Fixed Assets	13 338 000	13 893 000	14 180 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	88 000	94 000	300 000
Total Current Assets	88 000	94 000	300 000
Total Assets	13 426 000	13 987 000	14 480 000
Total Equity	−1 067 000	−493 000	−266 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	14 218 000	14 477 000	14 754 000
Creditors	0	0	−7 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	275 000	3 000	0
Total Current Debt	275 000	3 000	−7 000
Total Equity and Debt	13 426 000	13 987 000	14 480 000

Financial indicators	2022	2021	2020
Return on Equity	53,8 %	46,04 %	111,28 %
Debt-to-Equity Ratio	−13,33	−29,37	−55,47
Operating Profit Margin	−8,1 %	27,51 %	−37,57 %
Current Ratio	0,32	31,33	−42,86
Quick Ratio	0,32	31,33	−42,86
Equity Ratio	−0,08	−0,04	−0,02
Gross Profit Margin	100 %	100 %	100 %