HEFRING AS

0175 OSLO

Finances

Return on Equity

−17,2 %

Current Ratio

N/A

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	90 000	180 000	1 324 000
Net Income	−2 995 000	977 000	−5 128 000	9 681 000
Total Assets	23 272 000	26 745 000	26 626 000	41 799 000
Total Equity	17 408 000	21 903 000	22 427 000	8 848 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	90 000	180 000	1 324 000
Expenditure	422 000	342 000	428 000	631 000
Operating Profit	−422 000	−252 000	−249 000	693 000
Financial Income	1 327 000	1 262 000	267 000	11 475 000
Financial Costs	3 900 000	34 000	5 146 000	2 094 000
Financial Balance	−2 573 000	1 228 000	−4 879 000	9 381 000
Earnings Before Tax	−2 995 000	977 000	−5 128 000	10 075 000
Tax	0	0	0	393 000
Net Income	−2 995 000	977 000	−5 128 000	9 681 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	14 095 000	17 091 000	13 763 000	16 052 000
Total Current Assets	9 177 000	9 654 000	12 863 000	25 747 000
Total Assets	23 272 000	26 745 000	26 626 000	41 799 000
Total Retained Equity	0	1 371 000	1 895 000	8 523 000
Total Equity	17 408 000	21 903 000	22 427 000	8 848 000
Total Long-Term Debt	5 864 000	4 833 000	4 200 000	12 729 000
Total Current Debt	0	9 000	0	20 222 000
Total Equity and Debt	23 272 000	26 745 000	26 626 000	41 799 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	0	0
Other Income	0	90 000	180 000	1 324 000
Revenue	0	90 000	180 000	1 324 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	263 000	263 000	235 000	196 000
Impairment	0	0	0	0
Expenditure	422 000	342 000	428 000	631 000
Operating Profit	−422 000	−252 000	−249 000	693 000
Financial Income	1 327 000	1 262 000	267 000	11 475 000
Financial Costs	3 900 000	34 000	5 146 000	2 094 000
Financial Balance	−2 573 000	1 228 000	−4 879 000	9 381 000
Dividends	1 500 000	1 500 000	1 500 000	3 000 000
Net Income	−2 995 000	977 000	−5 128 000	9 681 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 406 000	2 594 000	2 858 000	1 763 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 406 000	2 594 000	2 858 000	1 763 000
Total Fiancial Fixed Assets	11 689 000	14 496 000	10 906 000	14 289 000
Total Fixed Assets	14 095 000	17 091 000	13 763 000	16 052 000
Stock	0	0	0	0
Total Investments	3 280 000	566 000	89 000	115 000
Cash, Bank	5 897 000	9 089 000	12 784 000	25 083 000
Total Current Assets	9 177 000	9 654 000	12 863 000	25 747 000
Total Assets	23 272 000	26 745 000	26 626 000	41 799 000
Total Equity	17 408 000	21 903 000	22 427 000	8 848 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 864 000	4 833 000	4 200 000	12 729 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	15 000
Dividends	1 500 000	1 500 000	1 500 000	3 000 000
Other Current Debt	0	9 000	0	20 206 000
Total Current Debt	0	9 000	0	20 222 000
Total Equity and Debt	23 272 000	26 745 000	26 626 000	41 799 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−17,2 %	4,46 %	−22,87 %	109,41 %
Debt-to-Equity Ratio	0,34	0,22	0,19	1,44
Operating Profit Margin	-	−280 %	−138,33 %	52,34 %
Current Ratio	-	1 072,67	-	1,27
Quick Ratio	-	1 072,67	-	1,27
Equity Ratio	0,75	0,82	0,84	0,21
Gross Profit Margin	-	100 %	100 %	100 %