HINNA KROSSEN AS

4031 STAVANGER

Finances

Share Ownership

Return on Equity

−1,33 %

Current Ratio

5,05

Debt-to-Equity Ratio

1,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 497 000	1 357 000	1 135 000	1 321 000
Net Income	−68 000	73 000	538 000	524 000
Total Assets	15 074 000	14 563 000	18 976 000	14 227 000
Total Equity	5 129 000	4 883 000	4 619 000	900 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 497 000	1 357 000	1 135 000	1 321 000
Expenditure	1 294 000	1 063 000	129 000	228 000
Operating Profit	202 000	294 000	1 006 000	1 093 000
Financial Income	13 000	1 000	3 000	3 000
Financial Costs	303 000	202 000	319 000	425 000
Financial Balance	−290 000	−201 000	−316 000	−422 000
Earnings Before Tax	−87 000	94 000	690 000	671 000
Tax	−19 000	21 000	152 000	148 000
Net Income	−68 000	73 000	538 000	524 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 750 000	13 750 000	13 750 000	13 691 000
Total Current Assets	1 324 000	813 000	5 226 000	536 000
Total Assets	15 074 000	14 563 000	18 976 000	14 227 000
Total Retained Equity	1 344 000	1 412 000	1 339 000	800 000
Total Equity	5 129 000	4 883 000	4 619 000	900 000
Total Long-Term Debt	9 682 000	9 508 000	14 273 000	13 297 000
Total Current Debt	262 000	173 000	84 000	30 000
Total Equity and Debt	15 074 000	14 563 000	18 976 000	14 227 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 497 000	1 357 000	1 135 000	1 321 000
Other Income	0	0	0	0
Revenue	1 497 000	1 357 000	1 135 000	1 321 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	199 000	199 000	202 000	183 000
Impairment	−199 000	−199 000	−702 000	−558 000
Expenditure	1 294 000	1 063 000	129 000	228 000
Operating Profit	202 000	294 000	1 006 000	1 093 000
Financial Income	13 000	1 000	3 000	3 000
Financial Costs	303 000	202 000	319 000	425 000
Financial Balance	−290 000	−201 000	−316 000	−422 000
Dividends	0	0	0	0
Net Income	−68 000	73 000	538 000	524 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	441 000
Real Eastate	13 750 000	13 750 000	13 750 000	13 250 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 750 000	13 750 000	13 750 000	13 250 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 750 000	13 750 000	13 750 000	13 691 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	886 000	556 000	979 000	463 000
Total Current Assets	1 324 000	813 000	5 226 000	536 000
Total Assets	15 074 000	14 563 000	18 976 000	14 227 000
Total Equity	5 129 000	4 883 000	4 619 000	900 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 682 000	9 508 000	14 273 000	13 297 000
Creditors	82 000	56 000	48 000	30 000
Unpaid Taxes	0	7 000	0	0
Dividends	0	0	0	0
Other Current Debt	180 000	110 000	36 000	0
Total Current Debt	262 000	173 000	84 000	30 000
Total Equity and Debt	15 074 000	14 563 000	18 976 000	14 227 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,33 %	1,49 %	11,65 %	58,22 %
Debt-to-Equity Ratio	1,89	1,95	3,09	14,77
Operating Profit Margin	13,49 %	21,67 %	88,63 %	82,74 %
Current Ratio	5,05	4,7	62,21	17,87
Quick Ratio	5,05	4,7	62,21	17,87
Equity Ratio	0,34	0,34	0,24	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %