HVALER VVS AS

1684 VESTERØY

Finances

Share Ownership

Return on Equity

256,25 %

Current Ratio

−1,14

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 428 000	121 000	135 000	148 000
Net Income	1 025 000	−69 000	−117 000	21 000
Total Assets	336 000	4 142 000	3 733 000	3 020 000
Total Equity	400 000	310 000	379 000	496 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 428 000	121 000	135 000	148 000
Expenditure	125 000	111 000	181 000	62 000
Operating Profit	1 302 000	10 000	−45 000	87 000
Financial Income	13 000	1 000	1 000	2 000
Financial Costs	54 000	80 000	74 000	67 000
Financial Balance	−41 000	−79 000	−73 000	−65 000
Earnings Before Tax	1 261 000	−69 000	−117 000	21 000
Tax	235 000	0	0	0
Net Income	1 025 000	−69 000	−117 000	21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	4 095 000	3 113 000	2 943 000
Total Current Assets	336 000	48 000	620 000	77 000
Total Assets	336 000	4 142 000	3 733 000	3 020 000
Total Retained Equity	0	−190 000	−121 000	−4 000
Total Equity	400 000	310 000	379 000	496 000
Total Long-Term Debt	230 000	2 184 000	2 290 000	1 585 000
Total Current Debt	−294 000	1 649 000	1 064 000	939 000
Total Equity and Debt	336 000	4 142 000	3 733 000	3 020 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 428 000	121 000	135 000	148 000
Revenue	1 428 000	121 000	135 000	148 000
Cost of Goods Sold	15 000	28 000	25 000	26 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	125 000	111 000	181 000	62 000
Operating Profit	1 302 000	10 000	−45 000	87 000
Financial Income	13 000	1 000	1 000	2 000
Financial Costs	54 000	80 000	74 000	67 000
Financial Balance	−41 000	−79 000	−73 000	−65 000
Dividends	935 000	0	0	0
Net Income	1 025 000	−69 000	−117 000	21 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	4 095 000	3 113 000	2 943 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	4 095 000	3 113 000	2 943 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	4 095 000	3 113 000	2 943 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	336 000	41 000	614 000	72 000
Total Current Assets	336 000	48 000	620 000	77 000
Total Assets	336 000	4 142 000	3 733 000	3 020 000
Total Equity	400 000	310 000	379 000	496 000
Short-Term Group Debt	0	1 470 000	985 000	915 000
Total Long-Term Debt	230 000	2 184 000	2 290 000	1 585 000
Creditors	0	8 000	8 000	15 000
Unpaid Taxes	0	0	0	0
Dividends	935 000	0	0	0
Other Current Debt	−300 000	170 000	70 000	9 000
Total Current Debt	−294 000	1 649 000	1 064 000	939 000
Total Equity and Debt	336 000	4 142 000	3 733 000	3 020 000

Financial indicators	2022	2021	2020	2019
Return on Equity	256,25 %	−22,26 %	−30,87 %	4,23 %
Debt-to-Equity Ratio	0,58	7,05	6,04	3,2
Operating Profit Margin	91,18 %	8,26 %	−33,33 %	58,78 %
Current Ratio	−1,14	0,03	0,58	0,08
Quick Ratio	−1,14	0,03	0,58	0,08
Equity Ratio	1,19	0,07	0,1	0,16
Gross Profit Margin	98,95 %	76,86 %	81,48 %	82,43 %