HEGDALVEIEN 63 A AS

3260 LARVIK

Finances

Share Ownership

Return on Equity

27,41 %

Current Ratio

0,09

Debt-to-Equity Ratio

9,53

Key figures (NOK)	2022	2021	2020
Revenue	1 556 000	16 207 000	504 000
Net Income	148 000	377 000	−73 000
Total Assets	6 834 000	7 029 000	20 409 000
Total Equity	540 000	393 000	16 000

Income (NOK)	2022	2021	2020
Revenue	1 556 000	16 207 000	504 000
Expenditure	981 000	15 268 000	8 557 000
Operating Profit	575 000	939 000	354 000
Financial Income	0	0	0
Financial Costs	386 000	479 000	428 000
Financial Balance	−386 000	−479 000	−428 000
Earnings Before Tax	189 000	460 000	−73 000
Tax	42 000	83 000	0
Net Income	148 000	377 000	−73 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	6 729 000	6 941 000	11 417 000
Total Current Assets	105 000	89 000	8 991 000
Total Assets	6 834 000	7 029 000	20 409 000
Total Retained Equity	452 000	304 000	−73 000
Total Equity	540 000	393 000	16 000
Total Long-Term Debt	5 144 000	5 331 000	17 261 000
Total Current Debt	1 150 000	1 306 000	3 132 000
Total Equity and Debt	6 834 000	7 029 000	20 409 000

Cash flow (NOK)	2022	2021	2020
Sales Income	258 000	15 751 000	4 000
Other Income	1 297 000	456 000	500 000
Revenue	1 556 000	16 207 000	504 000
Cost of Goods Sold	0	14 714 000	8 408 000
Salary Costs	0	0	0
Depreciation	214 000	252 000	115 000
Impairment	0	0	0
Expenditure	981 000	15 268 000	8 557 000
Operating Profit	575 000	939 000	354 000
Financial Income	0	0	0
Financial Costs	386 000	479 000	428 000
Financial Balance	−386 000	−479 000	−428 000
Dividends	0	0	0
Net Income	148 000	377 000	−73 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	6 729 000	6 941 000	11 417 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	6 729 000	6 941 000	11 417 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	6 729 000	6 941 000	11 417 000
Stock	0	0	8 408 000
Total Investments	0	0	0
Cash, Bank	62 000	60 000	575 000
Total Current Assets	105 000	89 000	8 991 000
Total Assets	6 834 000	7 029 000	20 409 000
Total Equity	540 000	393 000	16 000
Short-Term Group Debt	1 150 000	612 000	1 512 000
Total Long-Term Debt	5 144 000	5 331 000	17 261 000
Creditors	0	0	0
Unpaid Taxes	0	−24 000	0
Dividends	0	0	0
Other Current Debt	0	650 000	1 620 000
Total Current Debt	1 150 000	1 306 000	3 132 000
Total Equity and Debt	6 834 000	7 029 000	20 409 000

Financial indicators	2022	2021	2020
Return on Equity	27,41 %	95,93 %	−456,25 %
Debt-to-Equity Ratio	9,53	13,56	1 078,81
Operating Profit Margin	36,95 %	5,79 %	70,24 %
Current Ratio	0,09	0,07	2,87
Quick Ratio	0,09	0,07	−1,7
Equity Ratio	0,08	0,06	0
Gross Profit Margin	100 %	9,21 %	−1 568,25 %