HESSJØGRUVA AS

7380 ÅLEN

Finances

Share Ownership

Return on Equity

−5,04 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	144 000	0	20 000	50 000
Net Income	−26 000	−14 000	−38 000	−32 000
Total Assets	578 000	542 000	574 000	615 000
Total Equity	516 000	542 000	557 000	595 000

Income (NOK)	2022	2021	2020	2019
Revenue	144 000	0	20 000	50 000
Expenditure	178 000	19 000	69 000	91 000
Operating Profit	−33 000	−19 000	−49 000	−41 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−33 000	−19 000	−49 000	−41 000
Tax	−7 000	−4 000	−11 000	−9 000
Net Income	−26 000	−14 000	−38 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	469 000	512 000	508 000	506 000
Total Current Assets	109 000	30 000	66 000	109 000
Total Assets	578 000	542 000	574 000	615 000
Total Retained Equity	16 000	42 000	57 000	95 000
Total Equity	516 000	542 000	557 000	595 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	62 000	0	17 000	20 000
Total Equity and Debt	578 000	542 000	574 000	615 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	144 000	0	0	50 000
Other Income	0	0	20 000	0
Revenue	144 000	0	20 000	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	34 000	0	28 000	36 000
Depreciation	50 000	0	0	0
Impairment	0	0	0	0
Expenditure	178 000	19 000	69 000	91 000
Operating Profit	−33 000	−19 000	−49 000	−41 000
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	−26 000	−14 000	−38 000	−32 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	469 000	512 000	508 000	506 000
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	0	0	0
Total Fixed Assets	469 000	512 000	508 000	506 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	105 000	30 000	57 000	108 000
Total Current Assets	109 000	30 000	66 000	109 000
Total Assets	578 000	542 000	574 000	615 000
Total Equity	516 000	542 000	557 000	595 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	55 000	0	3 000	4 000
Unpaid Taxes	7 000	0	14 000	16 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	62 000	0	17 000	20 000
Total Equity and Debt	578 000	542 000	574 000	615 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,04 %	−2,58 %	−6,82 %	−5,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−22,92 %	-	−245 %	−82 %
Current Ratio	1,76	-	3,88	5,45
Quick Ratio	1,76	-	3,88	5,45
Equity Ratio	0,89	1	0,97	0,97
Gross Profit Margin	100 %	-	100 %	100 %