TH HAGESTADS EFTF AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

−3,67 %

Current Ratio

12,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	−6 000	110 000	67 000
Net Income	−36 000	−52 000	−45 000	−38 000
Total Assets	1 036 000	1 052 000	1 103 000	1 149 000
Total Equity	980 000	1 016 000	1 068 000	1 113 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	−6 000	110 000	67 000
Expenditure	41 000	46 000	158 000	111 000
Operating Profit	−41 000	−52 000	−47 000	−43 000
Financial Income	5 000	0	2 000	5 000
Financial Costs	0	0	0	0
Financial Balance	5 000	0	2 000	5 000
Earnings Before Tax	−36 000	−52 000	−45 000	−38 000
Tax	0	0	0	0
Net Income	−36 000	−52 000	−45 000	−38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	358 000	377 000	397 000	419 000
Total Current Assets	678 000	676 000	707 000	731 000
Total Assets	1 036 000	1 052 000	1 103 000	1 149 000
Total Retained Equity	689 000	725 000	776 000	822 000
Total Equity	980 000	1 016 000	1 068 000	1 113 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	56 000	36 000	36 000	36 000
Total Equity and Debt	1 036 000	1 052 000	1 103 000	1 149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	−6 000	110 000	67 000
Other Income	0	0	0	0
Revenue	0	−6 000	110 000	67 000
Cost of Goods Sold	0	−6 000	108 000	56 000
Salary Costs	1 000	1 000	1 000	1 000
Depreciation	18 000	20 000	22 000	24 000
Impairment	0	0	0	0
Expenditure	41 000	46 000	158 000	111 000
Operating Profit	−41 000	−52 000	−47 000	−43 000
Financial Income	5 000	0	2 000	5 000
Financial Costs	0	0	0	0
Financial Balance	5 000	0	2 000	5 000
Dividends	0	0	0	0
Net Income	−36 000	−52 000	−45 000	−38 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	339 000	354 000	370 000	387 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	23 000	26 000	31 000
Total Tangible Assets	358 000	377 000	397 000	419 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	358 000	377 000	397 000	419 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	673 000	670 000	702 000	728 000
Total Current Assets	678 000	676 000	707 000	731 000
Total Assets	1 036 000	1 052 000	1 103 000	1 149 000
Total Equity	980 000	1 016 000	1 068 000	1 113 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	56 000	36 000	36 000	36 000
Total Current Debt	56 000	36 000	36 000	36 000
Total Equity and Debt	1 036 000	1 052 000	1 103 000	1 149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,67 %	−5,12 %	−4,21 %	−3,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	866,67 %	−42,73 %	−64,18 %
Current Ratio	12,11	18,78	19,64	20,31
Quick Ratio	12,11	18,78	19,64	20,31
Equity Ratio	0,95	0,97	0,97	0,97
Gross Profit Margin	-	−0 %	1,82 %	16,42 %