HÅKON SANDVEN AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

−16,24 %

Current Ratio

284,32

Debt-to-Equity Ratio

2,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	720 000	7 611 000	0
Net Income	−473 000	422 000	972 000	−116 000
Total Assets	10 440 000	9 049 000	9 142 000	5 109 000
Total Equity	2 913 000	3 386 000	2 964 000	1 992 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	720 000	7 611 000	0
Expenditure	1 883 000	3 673 000	236 000	135 000
Operating Profit	−500 000	556 000	1 314 000	−135 000
Financial Income	3 000	3 000	6 000	29 000
Financial Costs	109 000	19 000	74 000	42 000
Financial Balance	−106 000	−16 000	−68 000	−13 000
Earnings Before Tax	−606 000	541 000	1 246 000	−148 000
Tax	−133 000	119 000	274 000	−33 000
Net Income	−473 000	422 000	972 000	−116 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 332 000	3 278 000	3 347 000	4 505 000
Total Current Assets	7 108 000	5 772 000	5 795 000	604 000
Total Assets	10 440 000	9 049 000	9 142 000	5 109 000
Total Retained Equity	2 813 000	3 286 000	2 864 000	1 892 000
Total Equity	2 913 000	3 386 000	2 964 000	1 992 000
Total Long-Term Debt	7 502 000	5 620 000	6 124 000	2 650 000
Total Current Debt	25 000	43 000	54 000	467 000
Total Equity and Debt	10 440 000	9 049 000	9 142 000	5 109 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	7 611 000	0
Other Income	0	720 000	0	0
Revenue	0	720 000	7 611 000	0
Cost of Goods Sold	1 383 000	3 514 000	43 000	9 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 883 000	3 673 000	236 000	135 000
Operating Profit	−500 000	556 000	1 314 000	−135 000
Financial Income	3 000	3 000	6 000	29 000
Financial Costs	109 000	19 000	74 000	42 000
Financial Balance	−106 000	−16 000	−68 000	−13 000
Dividends	0	0	0	0
Net Income	−473 000	422 000	972 000	−116 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	54 000	0	40 000	209 000
Real Eastate	3 278 000	3 278 000	3 308 000	3 308 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 278 000	3 278 000	3 308 000	3 308 000
Total Fiancial Fixed Assets	0	0	0	989 000
Total Fixed Assets	3 332 000	3 278 000	3 347 000	4 505 000
Stock	7 075 000	5 692 000	2 183 000	593 000
Total Investments	0	0	0	0
Cash, Bank	27 000	74 000	1 000	3 000
Total Current Assets	7 108 000	5 772 000	5 795 000	604 000
Total Assets	10 440 000	9 049 000	9 142 000	5 109 000
Total Equity	2 913 000	3 386 000	2 964 000	1 992 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 502 000	5 620 000	6 124 000	2 650 000
Creditors	5 000	8 000	42 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	20 000	35 000	12 000	461 000
Total Current Debt	25 000	43 000	54 000	467 000
Total Equity and Debt	10 440 000	9 049 000	9 142 000	5 109 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,24 %	12,46 %	32,79 %	−5,82 %
Debt-to-Equity Ratio	2,58	1,66	2,07	1,33
Operating Profit Margin	-	77,22 %	17,26 %	-
Current Ratio	284,32	134,23	107,31	1,29
Quick Ratio	−1,01	−1,02	−2,72	−4,79
Equity Ratio	0,28	0,37	0,32	0,39
Gross Profit Margin	-	−388,06 %	99,44 %	-