ROY HESSEN AS

6014 ÅLESUND

Finances

Share Ownership

Return on Equity

67,42 %

Current Ratio

0,39

Debt-to-Equity Ratio

−3,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 308 000	1 306 000	640 000	0
Net Income	−505 000	−656 000	−218 000	7 000
Total Assets	1 791 000	2 533 000	516 000	689 000
Total Equity	−749 000	−244 000	412 000	630 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 308 000	1 306 000	640 000	0
Expenditure	1 695 000	1 892 000	908 000	5 000
Operating Profit	−387 000	−586 000	−267 000	−6 000
Financial Income	0	1 000	4 000	16 000
Financial Costs	85 000	70 000	0	0
Financial Balance	−85 000	−69 000	4 000	16 000
Earnings Before Tax	−472 000	−656 000	−263 000	9 000
Tax	33 000	0	−45 000	2 000
Net Income	−505 000	−656 000	−218 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 685 000	2 245 000	0	0
Total Current Assets	106 000	288 000	516 000	689 000
Total Assets	1 791 000	2 533 000	516 000	689 000
Total Retained Equity	−899 000	−394 000	262 000	480 000
Total Equity	−749 000	−244 000	412 000	630 000
Total Long-Term Debt	2 265 000	2 563 000	0	45 000
Total Current Debt	274 000	214 000	104 000	14 000
Total Equity and Debt	1 791 000	2 533 000	516 000	689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 308 000	1 306 000	640 000	0
Other Income	0	0	0	0
Revenue	1 308 000	1 306 000	640 000	0
Cost of Goods Sold	5 000	2 000	1 000	−14 000
Salary Costs	375 000	571 000	455 000	0
Depreciation	560 000	560 000	0	5 000
Impairment	0	0	0	0
Expenditure	1 695 000	1 892 000	908 000	5 000
Operating Profit	−387 000	−586 000	−267 000	−6 000
Financial Income	0	1 000	4 000	16 000
Financial Costs	85 000	70 000	0	0
Financial Balance	−85 000	−69 000	4 000	16 000
Dividends	0	0	0	0
Net Income	−505 000	−656 000	−218 000	7 000

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	1 685 000	2 245 000	0	0
Total Tangible Assets	1 685 000	2 245 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 685 000	2 245 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 000	181 000	405 000	674 000
Total Current Assets	106 000	288 000	516 000	689 000
Total Assets	1 791 000	2 533 000	516 000	689 000
Total Equity	−749 000	−244 000	412 000	630 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 265 000	2 563 000	0	45 000
Creditors	86 000	66 000	25 000	0
Unpaid Taxes	51 000	48 000	36 000	0
Dividends	0	0	0	0
Other Current Debt	56 000	52 000	43 000	0
Total Current Debt	274 000	214 000	104 000	14 000
Total Equity and Debt	1 791 000	2 533 000	516 000	689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,42 %	268,85 %	−52,91 %	1,11 %
Debt-to-Equity Ratio	−3,02	−10,5	0	0,07
Operating Profit Margin	−29,59 %	−44,87 %	−41,72 %	-
Current Ratio	0,39	1,35	4,96	49,21
Quick Ratio	0,39	1,35	4,96	49,21
Equity Ratio	−0,42	−0,1	0,8	0,91
Gross Profit Margin	99,62 %	99,85 %	99,84 %	-