HG UTVIKLING AS

6413 MOLDE

Finances

Return on Equity

1,01 %

Current Ratio

21,92

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 273 000	1 656 000	1 726 000	3 154 000
Net Income	191 000	137 000	301 000	1 139 000
Total Assets	25 281 000	24 413 000	28 557 000	28 297 000
Total Equity	19 000 000	18 809 000	18 872 000	18 571 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 273 000	1 656 000	1 726 000	3 154 000
Expenditure	1 282 000	1 634 000	1 553 000	1 790 000
Operating Profit	−9 000	22 000	172 000	1 364 000
Financial Income	510 000	393 000	501 000	497 000
Financial Costs	227 000	212 000	274 000	401 000
Financial Balance	283 000	181 000	227 000	96 000
Earnings Before Tax	274 000	203 000	399 000	1 461 000
Tax	83 000	65 000	98 000	321 000
Net Income	191 000	137 000	301 000	1 139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 879 000	18 239 000	24 840 000	27 119 000
Total Current Assets	6 402 000	6 174 000	3 717 000	1 179 000
Total Assets	25 281 000	24 413 000	28 557 000	28 297 000
Total Retained Equity	18 900 000	18 709 000	18 772 000	18 471 000
Total Equity	19 000 000	18 809 000	18 872 000	18 571 000
Total Long-Term Debt	5 989 000	5 466 000	9 584 000	8 669 000
Total Current Debt	292 000	138 000	101 000	1 057 000
Total Equity and Debt	25 281 000	24 413 000	28 557 000	28 297 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	74 000	82 000	53 000	185 000
Other Income	1 199 000	1 574 000	1 673 000	2 969 000
Revenue	1 273 000	1 656 000	1 726 000	3 154 000
Cost of Goods Sold	0	51 000	8 000	0
Salary Costs	305 000	446 000	441 000	427 000
Depreciation	536 000	507 000	506 000	477 000
Impairment	0	0	0	0
Expenditure	1 282 000	1 634 000	1 553 000	1 790 000
Operating Profit	−9 000	22 000	172 000	1 364 000
Financial Income	510 000	393 000	501 000	497 000
Financial Costs	227 000	212 000	274 000	401 000
Financial Balance	283 000	181 000	227 000	96 000
Dividends	0	200 000	0	0
Net Income	191 000	137 000	301 000	1 139 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 170 000	8 343 000	14 469 000	14 644 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 676 000	2 156 000	2 475 000	1 505 000
Total Tangible Assets	10 847 000	10 499 000	16 945 000	16 149 000
Total Fiancial Fixed Assets	8 032 000	7 739 000	7 895 000	10 969 000
Total Fixed Assets	18 879 000	18 239 000	24 840 000	27 119 000
Stock	292 000	268 000	0	0
Total Investments	0	0	0	0
Cash, Bank	2 148 000	2 234 000	329 000	1 132 000
Total Current Assets	6 402 000	6 174 000	3 717 000	1 179 000
Total Assets	25 281 000	24 413 000	28 557 000	28 297 000
Total Equity	19 000 000	18 809 000	18 872 000	18 571 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 989 000	5 466 000	9 584 000	8 669 000
Creditors	44 000	59 000	19 000	80 000
Unpaid Taxes	30 000	34 000	36 000	24 000
Dividends	0	200 000	0	0
Other Current Debt	218 000	45 000	46 000	954 000
Total Current Debt	292 000	138 000	101 000	1 057 000
Total Equity and Debt	25 281 000	24 413 000	28 557 000	28 297 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,01 %	0,73 %	1,59 %	6,13 %
Debt-to-Equity Ratio	0,32	0,29	0,51	0,47
Operating Profit Margin	−0,71 %	1,33 %	9,97 %	43,25 %
Current Ratio	21,92	44,74	36,8	1,12
Quick Ratio	-	−47,49	36,8	1,12
Equity Ratio	0,75	0,77	0,66	0,66
Gross Profit Margin	100 %	96,92 %	99,54 %	100 %