HONG HOLDING AS

0364 OSLO

Finances

Share Ownership

Return on Equity

−229,33 %

Current Ratio

2,52

Debt-to-Equity Ratio

−3,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 424 000	38 000	12 000	0
Net Income	821 000	−137 000	−76 000	−1 461 000
Total Assets	1 402 000	1 728 000	2 254 000	2 839 000
Total Equity	−358 000	−1 180 000	−1 043 000	−921 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 424 000	38 000	12 000	0
Expenditure	26 000	185 000	421 000	1 404 000
Operating Profit	1 398 000	−148 000	−409 000	−1 404 000
Financial Income	0	10 000	45 000	18 000
Financial Costs	1 000	0	4 000	8 000
Financial Balance	−1 000	10 000	41 000	10 000
Earnings Before Tax	1 397 000	−138 000	−367 000	−1 394 000
Tax	575 000	−1 000	−291 000	66 000
Net Income	821 000	−137 000	−76 000	−1 461 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	100 000
Total Current Assets	1 402 000	1 728 000	2 254 000	2 739 000
Total Assets	1 402 000	1 728 000	2 254 000	2 839 000
Total Retained Equity	−859 000	−1 681 000	−1 544 000	−1 422 000
Total Equity	−358 000	−1 180 000	−1 043 000	−921 000
Total Long-Term Debt	1 204 000	2 517 000	2 766 000	1 370 000
Total Current Debt	556 000	390 000	531 000	2 390 000
Total Equity and Debt	1 402 000	1 728 000	2 254 000	2 839 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 424 000	38 000	12 000	0
Revenue	1 424 000	38 000	12 000	0
Cost of Goods Sold	−52 000	52 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	26 000	185 000	421 000	1 404 000
Operating Profit	1 398 000	−148 000	−409 000	−1 404 000
Financial Income	0	10 000	45 000	18 000
Financial Costs	1 000	0	4 000	8 000
Financial Balance	−1 000	10 000	41 000	10 000
Dividends	0	0	0	0
Net Income	821 000	−137 000	−76 000	−1 461 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	100 000
Total Fixed Assets	0	0	0	100 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	722 000	59 000	43 000	541 000
Total Current Assets	1 402 000	1 728 000	2 254 000	2 739 000
Total Assets	1 402 000	1 728 000	2 254 000	2 839 000
Total Equity	−358 000	−1 180 000	−1 043 000	−921 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 204 000	2 517 000	2 766 000	1 370 000
Creditors	25 000	77 000	89 000	107 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	13 000	65 000	181 000	2 094 000
Total Current Debt	556 000	390 000	531 000	2 390 000
Total Equity and Debt	1 402 000	1 728 000	2 254 000	2 839 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−229,33 %	11,61 %	7,29 %	158,63 %
Debt-to-Equity Ratio	−3,36	−2,13	−2,65	−1,49
Operating Profit Margin	98,17 %	−389,47 %	−3 408,33 %	-
Current Ratio	2,52	4,43	4,24	1,15
Quick Ratio	2,52	4,43	4,24	1,15
Equity Ratio	−0,26	−0,68	−0,46	−0,32
Gross Profit Margin	103,65 %	−36,84 %	100 %	-