HV CAPITAL HVAS AS

4020 STAVANGER

Finances

Share Ownership

Return on Equity

−1 650,64 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	4 805 000	40 819 000
Net Income	−49 189 000	−11 291 000	−7 095 000	13 683 000
Total Assets	9 680 000	42 735 000	42 957 000	54 085 000
Total Equity	2 980 000	42 175 000	42 546 000	49 642 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	4 805 000	40 819 000
Expenditure	49 190 000	11 292 000	13 959 000	23 436 000
Operating Profit	−49 190 000	−11 291 000	−9 155 000	17 383 000
Financial Income	10 000	8 000	102 000	309 000
Financial Costs	8 000	8 000	40 000	151 000
Financial Balance	2 000	0	62 000	158 000
Earnings Before Tax	−49 189 000	−11 291 000	−9 092 000	17 542 000
Tax	0	0	−1 997 000	3 859 000
Net Income	−49 189 000	−11 291 000	−7 095 000	13 683 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	39 953 000	39 301 000	39 301 000
Total Current Assets	9 680 000	2 781 000	3 656 000	14 783 000
Total Assets	9 680 000	42 735 000	42 957 000	54 085 000
Total Retained Equity	−39 306 000	9 883 000	21 174 000	28 269 000
Total Equity	2 980 000	42 175 000	42 546 000	49 642 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 701 000	560 000	411 000	4 443 000
Total Equity and Debt	9 680 000	42 735 000	42 957 000	54 085 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	4 805 000	40 819 000
Other Income	0	0	0	0
Revenue	0	0	4 805 000	40 819 000
Cost of Goods Sold	9 169 000	11 112 000	13 898 000	23 342 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	39 953 000	0	0	0
Expenditure	49 190 000	11 292 000	13 959 000	23 436 000
Operating Profit	−49 190 000	−11 291 000	−9 155 000	17 383 000
Financial Income	10 000	8 000	102 000	309 000
Financial Costs	8 000	8 000	40 000	151 000
Financial Balance	2 000	0	62 000	158 000
Dividends	0	0	0	0
Net Income	−49 189 000	−11 291 000	−7 095 000	13 683 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	39 953 000	39 301 000	39 301 000
Total Fixed Assets	0	39 953 000	39 301 000	39 301 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 680 000	2 580 000	1 176 000	14 783 000
Total Current Assets	9 680 000	2 781 000	3 656 000	14 783 000
Total Assets	9 680 000	42 735 000	42 957 000	54 085 000
Total Equity	2 980 000	42 175 000	42 546 000	49 642 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 243 000	52 000	13 000	287 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	458 000	508 000	398 000	296 000
Total Current Debt	6 701 000	560 000	411 000	4 443 000
Total Equity and Debt	9 680 000	42 735 000	42 957 000	54 085 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 650,64 %	−26,77 %	−16,68 %	27,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	−190,53 %	42,59 %
Current Ratio	1,44	4,97	8,9	3,33
Quick Ratio	1,44	4,97	8,9	3,33
Equity Ratio	0,31	0,99	0,99	0,92
Gross Profit Margin	-	-	−189,24 %	42,82 %