HYGGEN EIENDOM AS

3039 DRAMMEN

Finances

Return on Equity

−5,47 %

Current Ratio

56,77

Debt-to-Equity Ratio

−1,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	198 000	135 000	180 000	180 000
Net Income	2 442 000	973 000	148 000	−933 000
Total Assets	6 014 000	5 744 000	7 356 000	7 185 000
Total Equity	−44 632 000	−47 075 000	−48 048 000	−48 195 000

Income (NOK)	2022	2021	2020	2019
Revenue	198 000	135 000	180 000	180 000
Expenditure	58 000	−222 000	130 000	1 210 000
Operating Profit	140 000	358 000	51 000	−1 031 000
Financial Income	2 350 000	−681 000	97 000	97 000
Financial Costs	0	0	0	0
Financial Balance	2 350 000	−681 000	97 000	97 000
Earnings Before Tax	2 490 000	−323 000	148 000	−933 000
Tax	48 000	−1 296 000	0	0
Net Income	2 442 000	973 000	148 000	−933 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 835 000	1 512 000	2 576 000	2 487 000
Total Current Assets	3 179 000	4 232 000	4 780 000	4 699 000
Total Assets	6 014 000	5 744 000	7 356 000	7 185 000
Total Retained Equity	−44 734 000	−47 177 000	−48 150 000	−48 297 000
Total Equity	−44 632 000	−47 075 000	−48 048 000	−48 195 000
Total Long-Term Debt	50 591 000	52 795 000	55 404 000	55 381 000
Total Current Debt	56 000	24 000	0	0
Total Equity and Debt	6 014 000	5 744 000	7 356 000	7 185 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	198 000	135 000	180 000	180 000
Other Income	0	0	0	0
Revenue	198 000	135 000	180 000	180 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	8 000	8 000	8 000	5 000
Impairment	0	0	0	0
Expenditure	58 000	−222 000	130 000	1 210 000
Operating Profit	140 000	358 000	51 000	−1 031 000
Financial Income	2 350 000	−681 000	97 000	97 000
Financial Costs	0	0	0	0
Financial Balance	2 350 000	−681 000	97 000	97 000
Dividends	0	0	0	0
Net Income	2 442 000	973 000	148 000	−933 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 479 000	1 479 000	1 479 000	1 479 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 000	18 000	26 000	33 000
Total Tangible Assets	1 489 000	1 497 000	1 504 000	1 512 000
Total Fiancial Fixed Assets	1 345 000	15 000	1 071 000	975 000
Total Fixed Assets	2 835 000	1 512 000	2 576 000	2 487 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	103 000	142 000	133 000	52 000
Total Current Assets	3 179 000	4 232 000	4 780 000	4 699 000
Total Assets	6 014 000	5 744 000	7 356 000	7 185 000
Total Equity	−44 632 000	−47 075 000	−48 048 000	−48 195 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	50 591 000	52 795 000	55 404 000	55 381 000
Creditors	7 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	56 000	24 000	0	0
Total Equity and Debt	6 014 000	5 744 000	7 356 000	7 185 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,47 %	−2,07 %	−0,31 %	1,94 %
Debt-to-Equity Ratio	−1,13	−1,12	−1,15	−1,15
Operating Profit Margin	70,71 %	265,19 %	28,33 %	−572,78 %
Current Ratio	56,77	176,33	-	-
Quick Ratio	56,77	176,33	-	-
Equity Ratio	−7,42	−8,2	−6,53	−6,71
Gross Profit Margin	100 %	100 %	100 %	100 %