HINDREM & SETER VASSVERK SA

7125 VANVIKAN

Finances

Share Ownership

Return on Equity

−0,26 %

Current Ratio

0,94

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	619 000	619 000	549 000	565 000
Net Income	−5 000	11 000	−19 000	−106 000
Total Assets	2 815 000	2 801 000	2 597 000	2 159 000
Total Equity	1 919 000	1 923 000	1 913 000	1 632 000

Income (NOK)	2022	2021	2020	2019
Revenue	619 000	619 000	549 000	565 000
Expenditure	585 000	570 000	539 000	656 000
Operating Profit	34 000	49 000	10 000	−90 000
Financial Income	0	0	4 000	4 000
Financial Costs	39 000	38 000	33 000	19 000
Financial Balance	−39 000	−38 000	−29 000	−15 000
Earnings Before Tax	−5 000	11 000	−19 000	−106 000
Tax	0	0	0	0
Net Income	−5 000	11 000	−19 000	−106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 687 000	2 472 000	2 341 000	2 045 000
Total Current Assets	128 000	329 000	256 000	114 000
Total Assets	2 815 000	2 801 000	2 597 000	2 159 000
Total Retained Equity	−366 000	−361 000	−372 000	−352 000
Total Equity	1 919 000	1 923 000	1 913 000	1 632 000
Total Long-Term Debt	760 000	787 000	606 000	375 000
Total Current Debt	136 000	90 000	78 000	152 000
Total Equity and Debt	2 815 000	2 801 000	2 597 000	2 159 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	619 000	619 000	539 000	565 000
Other Income	0	0	9 000	0
Revenue	619 000	619 000	549 000	565 000
Cost of Goods Sold	41 000	69 000	25 000	25 000
Salary Costs	80 000	47 000	83 000	65 000
Depreciation	185 000	178 000	165 000	179 000
Impairment	0	0	0	0
Expenditure	585 000	570 000	539 000	656 000
Operating Profit	34 000	49 000	10 000	−90 000
Financial Income	0	0	4 000	4 000
Financial Costs	39 000	38 000	33 000	19 000
Financial Balance	−39 000	−38 000	−29 000	−15 000
Dividends	0	0	0	0
Net Income	−5 000	11 000	−19 000	−106 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 256 000	2 264 000	2 135 000	1 810 000
Machinery and Plant Facilities	426 000	200 000	195 000	221 000
Fixtures	5 000	8 000	11 000	14 000
Total Tangible Assets	2 687 000	2 472 000	2 341 000	2 045 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 687 000	2 472 000	2 341 000	2 045 000
Stock	52 000	34 000	37 000	32 000
Total Investments	0	0	0	0
Cash, Bank	9 000	240 000	166 000	3 000
Total Current Assets	128 000	329 000	256 000	114 000
Total Assets	2 815 000	2 801 000	2 597 000	2 159 000
Total Equity	1 919 000	1 923 000	1 913 000	1 632 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	760 000	787 000	606 000	375 000
Creditors	67 000	76 000	63 000	68 000
Unpaid Taxes	3 000	2 000	2 000	2 000
Dividends	0	0	0	0
Other Current Debt	24 000	12 000	14 000	13 000
Total Current Debt	136 000	90 000	78 000	152 000
Total Equity and Debt	2 815 000	2 801 000	2 597 000	2 159 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,26 %	0,57 %	−0,99 %	−6,5 %
Debt-to-Equity Ratio	0,4	0,41	0,32	0,23
Operating Profit Margin	5,49 %	7,92 %	1,82 %	−15,93 %
Current Ratio	0,94	3,66	3,28	0,75
Quick Ratio	1,52	5,88	6,24	0,95
Equity Ratio	0,68	0,69	0,74	0,76
Gross Profit Margin	93,38 %	88,85 %	95,45 %	95,58 %