HANGARVEIEN 5 AS

3258 LARVIK

Finances

Share Ownership

Return on Equity

6,24 %

Current Ratio

2,27

Debt-to-Equity Ratio

−1,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 176 000	3 975 000	3 717 000	3 989 000
Net Income	−817 000	350 000	−95 000	−1 084 000
Total Assets	7 898 000	8 390 000	8 719 000	9 704 000
Total Equity	−13 098 000	−12 282 000	−12 632 000	−12 537 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 176 000	3 975 000	3 717 000	3 989 000
Expenditure	3 593 000	2 580 000	2 367 000	3 597 000
Operating Profit	583 000	1 394 000	1 351 000	393 000
Financial Income	2 000	0	2 000	1 000
Financial Costs	1 402 000	1 044 000	1 447 000	1 477 000
Financial Balance	−1 400 000	−1 044 000	−1 445 000	−1 476 000
Earnings Before Tax	−817 000	350 000	−95 000	−1 084 000
Tax	0	0	0	0
Net Income	−817 000	350 000	−95 000	−1 084 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 178 000	6 023 000	6 871 000	7 741 000
Total Current Assets	2 720 000	2 367 000	1 848 000	1 962 000
Total Assets	7 898 000	8 390 000	8 719 000	9 704 000
Total Retained Equity	−15 775 000	−14 959 000	−15 308 000	−15 214 000
Total Equity	−13 098 000	−12 282 000	−12 632 000	−12 537 000
Total Long-Term Debt	19 800 000	20 175 000	20 475 000	20 775 000
Total Current Debt	1 196 000	497 000	876 000	1 465 000
Total Equity and Debt	7 898 000	8 390 000	8 719 000	9 704 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 176 000	3 975 000	3 717 000	3 989 000
Revenue	4 176 000	3 975 000	3 717 000	3 989 000
Cost of Goods Sold	0	19 000	34 000	51 000
Salary Costs	792 000	661 000	444 000	522 000
Depreciation	882 000	873 000	869 000	864 000
Impairment	0	0	0	0
Expenditure	3 593 000	2 580 000	2 367 000	3 597 000
Operating Profit	583 000	1 394 000	1 351 000	393 000
Financial Income	2 000	0	2 000	1 000
Financial Costs	1 402 000	1 044 000	1 447 000	1 477 000
Financial Balance	−1 400 000	−1 044 000	−1 445 000	−1 476 000
Dividends	0	0	0	0
Net Income	−817 000	350 000	−95 000	−1 084 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 137 000	5 974 000	6 820 000	7 665 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	41 000	49 000	52 000	75 000
Total Tangible Assets	5 178 000	6 023 000	6 871 000	7 740 000
Total Fiancial Fixed Assets	0	0	0	1 000
Total Fixed Assets	5 178 000	6 023 000	6 871 000	7 741 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 640 000	2 325 000	1 823 000	1 889 000
Total Current Assets	2 720 000	2 367 000	1 848 000	1 962 000
Total Assets	7 898 000	8 390 000	8 719 000	9 704 000
Total Equity	−13 098 000	−12 282 000	−12 632 000	−12 537 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 800 000	20 175 000	20 475 000	20 775 000
Creditors	99 000	41 000	74 000	146 000
Unpaid Taxes	269 000	142 000	149 000	200 000
Dividends	0	0	0	0
Other Current Debt	829 000	313 000	653 000	1 119 000
Total Current Debt	1 196 000	497 000	876 000	1 465 000
Total Equity and Debt	7 898 000	8 390 000	8 719 000	9 704 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,24 %	−2,85 %	0,75 %	8,65 %
Debt-to-Equity Ratio	−1,51	−1,64	−1,62	−1,66
Operating Profit Margin	13,96 %	35,07 %	36,35 %	9,85 %
Current Ratio	2,27	4,76	2,11	1,34
Quick Ratio	2,27	4,76	2,11	1,34
Equity Ratio	−1,66	−1,46	−1,45	−1,29
Gross Profit Margin	100 %	99,52 %	99,09 %	98,72 %