HITRA UTBYGGINGSSELSKAP AS

7240 HITRA

Finances

Share Ownership

Return on Equity

−33,82 %

Current Ratio

7,28

Debt-to-Equity Ratio

6,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	662 000	591 000	512 000	16 085 000
Net Income	−391 000	−241 000	39 000	−145 000
Total Assets	8 714 000	9 251 000	9 070 000	9 161 000
Total Equity	1 156 000	1 548 000	1 805 000	2 033 000

Income (NOK)	2022	2021	2020	2019
Revenue	662 000	591 000	512 000	16 085 000
Expenditure	783 000	617 000	601 000	15 113 000
Operating Profit	−121 000	−26 000	327 000	556 000
Financial Income	1 000	0	3 000	6 000
Financial Costs	271 000	211 000	216 000	685 000
Financial Balance	−270 000	−211 000	−213 000	−679 000
Earnings Before Tax	−391 000	−237 000	114 000	−123 000
Tax	0	4 000	75 000	22 000
Net Income	−391 000	−241 000	39 000	−145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 708 000	8 236 000	7 127 000	7 363 000
Total Current Assets	1 005 000	1 015 000	1 943 000	1 798 000
Total Assets	8 714 000	9 251 000	9 070 000	9 161 000
Total Retained Equity	1 056 000	1 448 000	1 705 000	1 933 000
Total Equity	1 156 000	1 548 000	1 805 000	2 033 000
Total Long-Term Debt	7 419 000	7 660 000	6 890 000	5 766 000
Total Current Debt	138 000	43 000	375 000	1 361 000
Total Equity and Debt	8 714 000	9 251 000	9 070 000	9 161 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	15 450 000
Other Income	662 000	591 000	512 000	635 000
Revenue	662 000	591 000	512 000	16 085 000
Cost of Goods Sold	0	0	0	14 470 000
Salary Costs	0	0	0	0
Depreciation	281 000	262 000	236 000	232 000
Impairment	0	0	0	0
Expenditure	783 000	617 000	601 000	15 113 000
Operating Profit	−121 000	−26 000	327 000	556 000
Financial Income	1 000	0	3 000	6 000
Financial Costs	271 000	211 000	216 000	685 000
Financial Balance	−270 000	−211 000	−213 000	−679 000
Dividends	0	0	0	0
Net Income	−391 000	−241 000	39 000	−145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 064 000	7 582 000	6 463 000	6 689 000
Machinery and Plant Facilities	8 000	18 000	28 000	37 000
Fixtures	0	0	0	0
Total Tangible Assets	7 072 000	7 600 000	6 491 000	6 727 000
Total Fiancial Fixed Assets	636 000	636 000	636 000	636 000
Total Fixed Assets	7 708 000	8 236 000	7 127 000	7 363 000
Stock	812 000	416 000	416 000	0
Total Investments	0	0	0	0
Cash, Bank	133 000	568 000	1 512 000	1 600 000
Total Current Assets	1 005 000	1 015 000	1 943 000	1 798 000
Total Assets	8 714 000	9 251 000	9 070 000	9 161 000
Total Equity	1 156 000	1 548 000	1 805 000	2 033 000
Short-Term Group Debt	0	20 000	343 000	101 000
Total Long-Term Debt	7 419 000	7 660 000	6 890 000	5 766 000
Creditors	108 000	23 000	31 000	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	30 000	1 000	0	1 250 000
Total Current Debt	138 000	43 000	375 000	1 361 000
Total Equity and Debt	8 714 000	9 251 000	9 070 000	9 161 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,82 %	−15,57 %	2,16 %	−7,13 %
Debt-to-Equity Ratio	6,42	4,95	3,82	2,84
Operating Profit Margin	−18,28 %	−4,4 %	63,87 %	3,46 %
Current Ratio	7,28	23,6	5,18	1,32
Quick Ratio	−1,49	−2,72	−47,39	1,32
Equity Ratio	0,13	0,17	0,2	0,22
Gross Profit Margin	100 %	100 %	100 %	10,04 %