HVEDINGKVARTALET AS

9405 HARSTAD

Finances

Share Ownership

Return on Equity

−10,05 %

Current Ratio

6,21

Debt-to-Equity Ratio

1,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 000	35 000	827 000	1 646 000
Net Income	−1 860 000	−774 000	−742 000	−249 000
Total Assets	60 544 000	107 926 000	52 809 000	28 437 000
Total Equity	18 502 000	20 361 000	7 019 000	7 761 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 000	35 000	827 000	1 646 000
Expenditure	1 090 000	675 000	1 378 000	1 099 000
Operating Profit	−1 067 000	−641 000	−551 000	546 000
Financial Income	19 000	27 000	9 000	5 000
Financial Costs	1 336 000	378 000	409 000	871 000
Financial Balance	−1 317 000	−351 000	−400 000	−866 000
Earnings Before Tax	−2 384 000	−992 000	−951 000	−320 000
Tax	−525 000	−218 000	−209 000	−70 000
Net Income	−1 860 000	−774 000	−742 000	−249 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 108 000	13 862 000	24 039 000	25 911 000
Total Current Assets	45 435 000	94 063 000	28 769 000	2 526 000
Total Assets	60 544 000	107 926 000	52 809 000	28 437 000
Total Retained Equity	−1 860 000	0	−1 633 000	−892 000
Total Equity	18 502 000	20 361 000	7 019 000	7 761 000
Total Long-Term Debt	31 677 000	22 216 000	20 200 000	19 686 000
Total Current Debt	7 318 000	65 348 000	25 589 000	989 000
Total Equity and Debt	60 544 000	107 926 000	52 809 000	28 437 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	27 000
Other Income	23 000	35 000	827 000	1 618 000
Revenue	23 000	35 000	827 000	1 646 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	127 000	0	248 000	248 000
Impairment	0	0	0	0
Expenditure	1 090 000	675 000	1 378 000	1 099 000
Operating Profit	−1 067 000	−641 000	−551 000	546 000
Financial Income	19 000	27 000	9 000	5 000
Financial Costs	1 336 000	378 000	409 000	871 000
Financial Balance	−1 317 000	−351 000	−400 000	−866 000
Dividends	0	0	0	0
Net Income	−1 860 000	−774 000	−742 000	−249 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 954 000	13 716 000	24 039 000	25 911 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 954 000	13 716 000	24 039 000	25 911 000
Total Fiancial Fixed Assets	155 000	147 000	0	0
Total Fixed Assets	15 108 000	13 862 000	24 039 000	25 911 000
Stock	30 214 000	81 333 000	26 130 000	0
Total Investments	0	0	0	0
Cash, Bank	1 123 000	8 129 000	462 000	547 000
Total Current Assets	45 435 000	94 063 000	28 769 000	2 526 000
Total Assets	60 544 000	107 926 000	52 809 000	28 437 000
Total Equity	18 502 000	20 361 000	7 019 000	7 761 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 677 000	22 216 000	20 200 000	19 686 000
Creditors	2 642 000	10 536 000	5 137 000	591 000
Unpaid Taxes	0	0	0	399 000
Dividends	0	0	0	0
Other Current Debt	272 000	54 812 000	20 452 000	0
Total Current Debt	7 318 000	65 348 000	25 589 000	989 000
Total Equity and Debt	60 544 000	107 926 000	52 809 000	28 437 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,05 %	−3,8 %	−10,57 %	−3,21 %
Debt-to-Equity Ratio	1,71	1,09	2,88	2,54
Operating Profit Margin	−4 639,13 %	−1 831,43 %	−66,63 %	33,17 %
Current Ratio	6,21	1,44	1,12	2,55
Quick Ratio	−1,98	−5,88	−53,18	2,55
Equity Ratio	0,31	0,19	0,13	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %