HAVSTEIN VESTRE LTD

7021 TRONDHEIM

Finances

Share Ownership

Return on Equity

−28 %

Current Ratio

1,47

Debt-to-Equity Ratio

−1,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	90 000	38 000	205 000	10 000
Net Income	70 000	16 000	175 000	−127 000
Total Assets	206 000	36 000	250 000	26 000
Total Equity	−250 000	−319 000	−335 000	−510 000

Income (NOK)	2022	2021	2020	2019
Revenue	90 000	38 000	205 000	10 000
Expenditure	20 000	21 000	30 000	31 000
Operating Profit	70 000	16 000	175 000	−21 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	70 000	16 000	175 000	−21 000
Tax	0	0	0	106 000
Net Income	70 000	16 000	175 000	−127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	59 000	1 000	8 000	17 000
Total Current Assets	147 000	34 000	242 000	9 000
Total Assets	206 000	36 000	250 000	26 000
Total Retained Equity	−250 000	−319 000	−335 000	−510 000
Total Equity	−250 000	−319 000	−335 000	−510 000
Total Long-Term Debt	355 000	355 000	536 000	536 000
Total Current Debt	100 000	0	49 000	0
Total Equity and Debt	206 000	36 000	250 000	26 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	90 000	38 000	205 000	10 000
Revenue	90 000	38 000	205 000	10 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 000	6 000	9 000	16 000
Impairment	0	0	0	0
Expenditure	20 000	21 000	30 000	31 000
Operating Profit	70 000	16 000	175 000	−21 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	70 000	16 000	175 000	−127 000

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	59 000	1 000	8 000	17 000
Fixtures	0	0	0	0
Total Tangible Assets	59 000	1 000	8 000	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	59 000	1 000	8 000	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	57 000	34 000	242 000	8 000
Total Current Assets	147 000	34 000	242 000	9 000
Total Assets	206 000	36 000	250 000	26 000
Total Equity	−250 000	−319 000	−335 000	−510 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	355 000	355 000	536 000	536 000
Creditors	0	0	2 000	0
Unpaid Taxes	0	0	47 000	0
Dividends	0	0	0	0
Other Current Debt	100 000	0	0	0
Total Current Debt	100 000	0	49 000	0
Total Equity and Debt	206 000	36 000	250 000	26 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28 %	−5,02 %	−52,24 %	24,9 %
Debt-to-Equity Ratio	−1,42	−1,11	−1,6	−1,05
Operating Profit Margin	77,78 %	42,11 %	85,37 %	−210 %
Current Ratio	1,47	-	4,94	-
Quick Ratio	1,47	-	4,94	-
Equity Ratio	−1,21	−8,86	−1,34	−19,62
Gross Profit Margin	100 %	100 %	100 %	100 %