HETVE EIENDOM AS

5053 BERGEN

Finances

Share Ownership

Return on Equity

0,84 %

Current Ratio

9,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 422 000	1 372 000	1 264 000	1 364 000
Net Income	61 000	345 000	−45 000	314 000
Total Assets	7 719 000	11 977 000	11 679 000	11 860 000
Total Equity	7 277 000	7 536 000	7 351 000	7 397 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 422 000	1 372 000	1 264 000	1 364 000
Expenditure	1 287 000	908 000	1 248 000	865 000
Operating Profit	136 000	464 000	16 000	499 000
Financial Income	13 000	1 000	4 000	8 000
Financial Costs	0	0	46 000	105 000
Financial Balance	13 000	1 000	−42 000	−97 000
Earnings Before Tax	149 000	465 000	−25 000	401 000
Tax	88 000	121 000	20 000	88 000
Net Income	61 000	345 000	−45 000	314 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 388 000	10 887 000	11 174 000	10 690 000
Total Current Assets	4 331 000	1 090 000	505 000	1 170 000
Total Assets	7 719 000	11 977 000	11 679 000	11 860 000
Total Retained Equity	5 677 000	5 936 000	5 751 000	5 797 000
Total Equity	7 277 000	7 536 000	7 351 000	7 397 000
Total Long-Term Debt	0	4 100 000	4 200 000	4 250 000
Total Current Debt	442 000	341 000	128 000	213 000
Total Equity and Debt	7 719 000	11 977 000	11 679 000	11 860 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	1 364 000
Other Income	1 422 000	1 372 000	1 264 000	0
Revenue	1 422 000	1 372 000	1 264 000	1 364 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	6 000	98 000	320 000
Depreciation	78 000	288 000	288 000	0
Impairment	0	0	0	6 000
Expenditure	1 287 000	908 000	1 248 000	865 000
Operating Profit	136 000	464 000	16 000	499 000
Financial Income	13 000	1 000	4 000	8 000
Financial Costs	0	0	46 000	105 000
Financial Balance	13 000	1 000	−42 000	−97 000
Dividends	320 000	160 000	0	0
Net Income	61 000	345 000	−45 000	314 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 388 000	10 887 000	11 174 000	10 490 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 388 000	10 887 000	11 174 000	10 490 000
Total Fiancial Fixed Assets	0	0	0	200 000
Total Fixed Assets	3 388 000	10 887 000	11 174 000	10 690 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 135 000	1 018 000	450 000	1 109 000
Total Current Assets	4 331 000	1 090 000	505 000	1 170 000
Total Assets	7 719 000	11 977 000	11 679 000	11 860 000
Total Equity	7 277 000	7 536 000	7 351 000	7 397 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 100 000	4 200 000	4 250 000
Creditors	0	0	0	12 000
Unpaid Taxes	0	1 000	6 000	42 000
Dividends	320 000	160 000	0	0
Other Current Debt	35 000	60 000	102 000	72 000
Total Current Debt	442 000	341 000	128 000	213 000
Total Equity and Debt	7 719 000	11 977 000	11 679 000	11 860 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,84 %	4,58 %	−0,61 %	4,24 %
Debt-to-Equity Ratio	0	0,54	0,57	0,57
Operating Profit Margin	9,56 %	33,82 %	1,27 %	36,58 %
Current Ratio	9,8	3,2	3,95	5,49
Quick Ratio	9,8	3,2	3,95	5,49
Equity Ratio	0,94	0,63	0,63	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %