HVALERSAMBANDET AS

1680 SKJÆRHALDEN

Finances

Return on Equity

−43,48 %

Current Ratio

0,2

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 638 000	3 711 000	3 517 000	1 975 000
Net Income	−1 495 000	1 473 000	1 434 000	232 000
Total Assets	22 725 000	21 848 000	14 987 000	14 836 000
Total Equity	3 438 000	4 934 000	4 661 000	4 227 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 638 000	3 711 000	3 517 000	1 975 000
Expenditure	6 552 000	1 768 000	1 621 000	1 579 000
Operating Profit	−1 914 000	1 943 000	1 896 000	396 000
Financial Income	28 000	0	28 000	28 000
Financial Costs	32 000	54 000	86 000	126 000
Financial Balance	−4 000	−54 000	−58 000	−98 000
Earnings Before Tax	−1 917 000	1 888 000	1 838 000	298 000
Tax	−422 000	415 000	404 000	66 000
Net Income	−1 495 000	1 473 000	1 434 000	232 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 966 000	19 168 000	12 760 000	13 817 000
Total Current Assets	3 758 000	2 680 000	2 227 000	1 019 000
Total Assets	22 725 000	21 848 000	14 987 000	14 836 000
Total Retained Equity	3 238 000	4 734 000	4 461 000	4 027 000
Total Equity	3 438 000	4 934 000	4 661 000	4 227 000
Total Long-Term Debt	948 000	2 302 000	2 763 000	3 400 000
Total Current Debt	18 339 000	14 611 000	7 563 000	7 208 000
Total Equity and Debt	22 725 000	21 848 000	14 987 000	14 836 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 638 000	3 711 000	3 517 000	1 500 000
Other Income	0	0	0	475 000
Revenue	4 638 000	3 711 000	3 517 000	1 975 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 483 000	1 149 000	1 057 000	1 057 000
Impairment	3 500 000	0	0	0
Expenditure	6 552 000	1 768 000	1 621 000	1 579 000
Operating Profit	−1 914 000	1 943 000	1 896 000	396 000
Financial Income	28 000	0	28 000	28 000
Financial Costs	32 000	54 000	86 000	126 000
Financial Balance	−4 000	−54 000	−58 000	−98 000
Dividends	0	1 200 000	1 000 000	1 000 000
Net Income	−1 495 000	1 473 000	1 434 000	232 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	18 866 000	19 068 000	12 660 000	13 717 000
Total Fiancial Fixed Assets	100 000	100 000	100 000	100 000
Total Fixed Assets	18 966 000	19 168 000	12 760 000	13 817 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 265 000	1 968 000	1 710 000	541 000
Total Current Assets	3 758 000	2 680 000	2 227 000	1 019 000
Total Assets	22 725 000	21 848 000	14 987 000	14 836 000
Total Equity	3 438 000	4 934 000	4 661 000	4 227 000
Short-Term Group Debt	16 140 000	12 026 000	5 168 000	5 023 000
Total Long-Term Debt	948 000	2 302 000	2 763 000	3 400 000
Creditors	369 000	374 000	293 000	287 000
Unpaid Taxes	0	0	0	0
Dividends	0	1 200 000	1 000 000	1 000 000
Other Current Debt	1 556 000	795 000	718 000	895 000
Total Current Debt	18 339 000	14 611 000	7 563 000	7 208 000
Total Equity and Debt	22 725 000	21 848 000	14 987 000	14 836 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,48 %	29,85 %	30,77 %	5,49 %
Debt-to-Equity Ratio	0,28	0,47	0,59	0,8
Operating Profit Margin	−41,27 %	52,36 %	53,91 %	20,05 %
Current Ratio	0,2	0,18	0,29	0,14
Quick Ratio	0,2	0,18	0,29	0,14
Equity Ratio	0,15	0,23	0,31	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %