HEGDALRINGEN 16 AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

7,56 %

Current Ratio

22,11

Debt-to-Equity Ratio

1,86

Key figures (NOK)	2022	2021	2020
Revenue	2 939 000	1 124 000	757 000
Net Income	923 000	−528 000	−111 000
Total Assets	35 004 000	34 290 000	26 776 000
Total Equity	12 206 000	11 284 000	11 812 000

Income (NOK)	2022	2021	2020
Revenue	2 939 000	1 124 000	757 000
Expenditure	1 739 000	1 802 000	900 000
Operating Profit	1 200 000	−677 000	−143 000
Financial Income	2 000	0	0
Financial Costs	19 000	0	0
Financial Balance	−17 000	0	0
Earnings Before Tax	1 183 000	−677 000	−143 000
Tax	260 000	−149 000	−31 000
Net Income	923 000	−528 000	−111 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	32 992 000	32 016 000	26 725 000
Total Current Assets	2 012 000	2 274 000	51 000
Total Assets	35 004 000	34 290 000	26 776 000
Total Retained Equity	8 497 000	7 574 000	8 103 000
Total Equity	12 206 000	11 284 000	11 812 000
Total Long-Term Debt	22 708 000	22 658 000	0
Total Current Debt	91 000	348 000	14 964 000
Total Equity and Debt	35 004 000	34 290 000	26 776 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 595 000	948 000	0
Other Income	344 000	177 000	757 000
Revenue	2 939 000	1 124 000	757 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	999 000	825 000	702 000
Impairment	0	0	0
Expenditure	1 739 000	1 802 000	900 000
Operating Profit	1 200 000	−677 000	−143 000
Financial Income	2 000	0	0
Financial Costs	19 000	0	0
Financial Balance	−17 000	0	0
Dividends	0	0	0
Net Income	923 000	−528 000	−111 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	249 000	509 000	360 000
Real Eastate	32 023 000	31 506 000	26 365 000
Machinery and Plant Facilities	720 000	0	0
Fixtures	0	0	0
Total Tangible Assets	32 743 000	31 506 000	26 365 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	32 992 000	32 016 000	26 725 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	728 000	148 000	39 000
Total Current Assets	2 012 000	2 274 000	51 000
Total Assets	35 004 000	34 290 000	26 776 000
Total Equity	12 206 000	11 284 000	11 812 000
Short-Term Group Debt	0	0	14 958 000
Total Long-Term Debt	22 708 000	22 658 000	0
Creditors	81 000	298 000	0
Unpaid Taxes	0	0	6 000
Dividends	0	0	0
Other Current Debt	10 000	49 000	0
Total Current Debt	91 000	348 000	14 964 000
Total Equity and Debt	35 004 000	34 290 000	26 776 000

Financial indicators	2022	2021	2020
Return on Equity	7,56 %	−4,68 %	−0,94 %
Debt-to-Equity Ratio	1,86	2,01	0
Operating Profit Margin	40,83 %	−60,23 %	−18,89 %
Current Ratio	22,11	6,53	0
Quick Ratio	22,11	6,53	0
Equity Ratio	0,35	0,33	0,44
Gross Profit Margin	100 %	100 %	100 %