HEMSEDALSVEGEN 3440 AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

37,07 %

Current Ratio

0,01

Debt-to-Equity Ratio

−1,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 000	200 000	0	40 000
Net Income	−2 099 000	−1 688 000	−1 418 000	−1 648 000
Total Assets	9 550 000	9 875 000	9 064 000	9 134 000
Total Equity	−5 663 000	−3 564 000	−1 876 000	−458 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 000	200 000	0	40 000
Expenditure	1 474 000	1 385 000	1 317 000	1 642 000
Operating Profit	−1 374 000	−1 186 000	−1 317 000	−1 603 000
Financial Income	0	0	10 000	18 000
Financial Costs	725 000	502 000	393 000	501 000
Financial Balance	−725 000	−502 000	−383 000	−483 000
Earnings Before Tax	−2 099 000	−1 688 000	−1 700 000	−2 086 000
Tax	0	0	−283 000	−438 000
Net Income	−2 099 000	−1 688 000	−1 418 000	−1 648 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 487 000	9 775 000	9 024 000	8 857 000
Total Current Assets	63 000	100 000	40 000	277 000
Total Assets	9 550 000	9 875 000	9 064 000	9 134 000
Total Retained Equity	−6 039 000	−3 940 000	−2 251 000	−834 000
Total Equity	−5 663 000	−3 564 000	−1 876 000	−458 000
Total Long-Term Debt	10 424 000	11 969 000	9 463 000	8 308 000
Total Current Debt	4 790 000	1 471 000	1 477 000	1 285 000
Total Equity and Debt	9 550 000	9 875 000	9 064 000	9 134 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	40 000
Other Income	100 000	200 000	0	0
Revenue	100 000	200 000	0	40 000
Cost of Goods Sold	0	0	0	7 000
Salary Costs	0	0	0	2 000
Depreciation	562 000	520 000	499 000	484 000
Impairment	0	0	0	0
Expenditure	1 474 000	1 385 000	1 317 000	1 642 000
Operating Profit	−1 374 000	−1 186 000	−1 317 000	−1 603 000
Financial Income	0	0	10 000	18 000
Financial Costs	725 000	502 000	393 000	501 000
Financial Balance	−725 000	−502 000	−383 000	−483 000
Dividends	0	0	0	0
Net Income	−2 099 000	−1 688 000	−1 418 000	−1 648 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 477 000	9 752 000	8 989 000	8 810 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	23 000	35 000	47 000
Total Tangible Assets	9 487 000	9 775 000	9 024 000	8 857 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 487 000	9 775 000	9 024 000	8 857 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	63 000	100 000	40 000	229 000
Total Current Assets	63 000	100 000	40 000	277 000
Total Assets	9 550 000	9 875 000	9 064 000	9 134 000
Total Equity	−5 663 000	−3 564 000	−1 876 000	−458 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 424 000	11 969 000	9 463 000	8 308 000
Creditors	28 000	96 000	223 000	53 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 639 000	259 000	210 000	206 000
Total Current Debt	4 790 000	1 471 000	1 477 000	1 285 000
Total Equity and Debt	9 550 000	9 875 000	9 064 000	9 134 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,07 %	47,36 %	75,59 %	359,83 %
Debt-to-Equity Ratio	−1,84	−3,36	−5,04	−18,14
Operating Profit Margin	−1 374 %	−593 %	-	−4 007,5 %
Current Ratio	0,01	0,07	0,03	0,22
Quick Ratio	0,01	0,07	0,03	0,22
Equity Ratio	−0,59	−0,36	−0,21	−0,05
Gross Profit Margin	100 %	100 %	-	82,5 %