HANKØ UTVIKLING AS

1622 GRESSVIK

Finances

Share Ownership

Return on Equity

−16,91 %

Current Ratio

56,43

Debt-to-Equity Ratio

4,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 681 000	0	18 905 000	29 917 000
Net Income	−385 000	−1 666 000	−505 000	3 926 000
Total Assets	12 274 000	12 356 000	21 302 000	36 194 000
Total Equity	2 277 000	2 662 000	4 328 000	4 833 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 681 000	0	18 905 000	29 917 000
Expenditure	3 507 000	964 000	18 464 000	24 875 000
Operating Profit	174 000	−963 000	441 000	5 042 000
Financial Income	0	65 000	117 000	0
Financial Costs	559 000	768 000	1 204 000	10 000
Financial Balance	−559 000	−703 000	−1 087 000	−10 000
Earnings Before Tax	−385 000	−1 666 000	−646 000	5 033 000
Tax	0	0	−141 000	1 107 000
Net Income	−385 000	−1 666 000	−505 000	3 926 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 132 000	3 132 000	3 132 000	4 121 000
Total Current Assets	9 142 000	9 224 000	18 170 000	32 072 000
Total Assets	12 274 000	12 356 000	21 302 000	36 194 000
Total Retained Equity	2 177 000	2 562 000	4 228 000	4 733 000
Total Equity	2 277 000	2 662 000	4 328 000	4 833 000
Total Long-Term Debt	9 834 000	9 277 000	15 775 000	25 241 000
Total Current Debt	162 000	416 000	1 198 000	6 119 000
Total Equity and Debt	12 274 000	12 356 000	21 302 000	36 194 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 681 000	0	18 905 000	26 914 000
Other Income	0	0	0	3 003 000
Revenue	3 681 000	0	18 905 000	29 917 000
Cost of Goods Sold	3 163 000	267 000	15 771 000	24 702 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 507 000	964 000	18 464 000	24 875 000
Operating Profit	174 000	−963 000	441 000	5 042 000
Financial Income	0	65 000	117 000	0
Financial Costs	559 000	768 000	1 204 000	10 000
Financial Balance	−559 000	−703 000	−1 087 000	−10 000
Dividends	0	0	0	0
Net Income	−385 000	−1 666 000	−505 000	3 926 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 132 000	3 132 000	3 132 000	4 121 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 132 000	3 132 000	3 132 000	4 121 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 132 000	3 132 000	3 132 000	4 121 000
Stock	5 585 000	8 641 000	8 641 000	22 934 000
Total Investments	0	0	0	0
Cash, Bank	3 351 000	374 000	5 780 000	1 059 000
Total Current Assets	9 142 000	9 224 000	18 170 000	32 072 000
Total Assets	12 274 000	12 356 000	21 302 000	36 194 000
Total Equity	2 277 000	2 662 000	4 328 000	4 833 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 834 000	9 277 000	15 775 000	25 241 000
Creditors	12 000	116 000	566 000	4 262 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	150 000	300 000	632 000	750 000
Total Current Debt	162 000	416 000	1 198 000	6 119 000
Total Equity and Debt	12 274 000	12 356 000	21 302 000	36 194 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,91 %	−62,58 %	−11,67 %	81,23 %
Debt-to-Equity Ratio	4,32	3,48	3,64	5,22
Operating Profit Margin	4,73 %	-	2,33 %	16,85 %
Current Ratio	56,43	22,17	15,17	5,24
Quick Ratio	−1,69	−1,12	−2,44	−1,91
Equity Ratio	0,19	0,22	0,2	0,13
Gross Profit Margin	14,07 %	-	16,58 %	17,43 %