HVALSTAD FORRETNINGSBYGG AS

1368 STABEKK

Finances

Share Ownership

Return on Equity

438,66 %

Current Ratio

0,25

Debt-to-Equity Ratio

46,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 887 000	3 469 000	2 919 000	2 415 000
Net Income	2 825 000	852 000	−132 000	−67 000
Total Assets	35 789 000	37 316 000	35 932 000	37 280 000
Total Equity	644 000	405 000	441 000	573 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 887 000	3 469 000	2 919 000	2 415 000
Expenditure	2 613 000	2 000 000	2 172 000	1 766 000
Operating Profit	3 274 000	1 469 000	748 000	650 000
Financial Income	1 045 000	0	159 000	500 000
Financial Costs	697 000	378 000	1 076 000	1 235 000
Financial Balance	348 000	−378 000	−917 000	−735 000
Earnings Before Tax	3 622 000	1 092 000	−169 000	−86 000
Tax	797 000	240 000	−37 000	−19 000
Net Income	2 825 000	852 000	−132 000	−67 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 531 000	28 248 000	34 191 000	34 857 000
Total Current Assets	1 258 000	9 068 000	1 741 000	2 423 000
Total Assets	35 789 000	37 316 000	35 932 000	37 280 000
Total Retained Equity	4 000	−235 000	−199 000	−67 000
Total Equity	644 000	405 000	441 000	573 000
Total Long-Term Debt	30 155 000	34 760 000	34 671 000	35 375 000
Total Current Debt	4 990 000	2 151 000	821 000	1 333 000
Total Equity and Debt	35 789 000	37 316 000	35 932 000	37 280 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	2 919 000	2 415 000
Other Income	5 887 000	3 469 000	0	0
Revenue	5 887 000	3 469 000	2 919 000	2 415 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	39 000	40 000
Depreciation	745 000	690 000	650 000	484 000
Impairment	0	0	0	0
Expenditure	2 613 000	2 000 000	2 172 000	1 766 000
Operating Profit	3 274 000	1 469 000	748 000	650 000
Financial Income	1 045 000	0	159 000	500 000
Financial Costs	697 000	378 000	1 076 000	1 235 000
Financial Balance	348 000	−378 000	−917 000	−735 000
Dividends	0	0	0	0
Net Income	2 825 000	852 000	−132 000	−67 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	27 608 000	28 248 000	28 432 000	29 024 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	27 608 000	28 248 000	28 432 000	29 024 000
Total Fiancial Fixed Assets	6 924 000	0	5 759 000	5 833 000
Total Fixed Assets	34 531 000	28 248 000	34 191 000	34 857 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	258 000	3 627 000	1 738 000	2 369 000
Total Current Assets	1 258 000	9 068 000	1 741 000	2 423 000
Total Assets	35 789 000	37 316 000	35 932 000	37 280 000
Total Equity	644 000	405 000	441 000	573 000
Short-Term Group Debt	4 430 000	1 138 000	0	0
Total Long-Term Debt	30 155 000	34 760 000	34 671 000	35 375 000
Creditors	316 000	721 000	236 000	662 000
Unpaid Taxes	105 000	49 000	45 000	0
Dividends	0	0	0	0
Other Current Debt	138 000	243 000	540 000	671 000
Total Current Debt	4 990 000	2 151 000	821 000	1 333 000
Total Equity and Debt	35 789 000	37 316 000	35 932 000	37 280 000

Financial indicators	2022	2021	2020	2019
Return on Equity	438,66 %	210,37 %	−29,93 %	−11,69 %
Debt-to-Equity Ratio	46,82	85,83	78,62	61,74
Operating Profit Margin	55,61 %	42,35 %	25,63 %	26,92 %
Current Ratio	0,25	4,22	2,12	1,82
Quick Ratio	0,25	4,22	2,12	1,82
Equity Ratio	0,02	0,01	0,01	0,02
Gross Profit Margin	100 %	100 %	100 %	100 %