HETLANDS CAPITAL AS

0378 OSLO

Finances

Return on Equity

−16,51 %

Current Ratio

0,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	172 000	172 000	172 000	166 000
Net Income	−352 000	−550 000	−187 000	531 000
Total Assets	6 530 000	7 123 000	7 117 000	7 108 000
Total Equity	2 132 000	2 604 000	3 251 000	3 539 000

Income (NOK)	2022	2021	2020	2019
Revenue	172 000	172 000	172 000	166 000
Expenditure	52 000	46 000	41 000	43 000
Operating Profit	120 000	125 000	131 000	123 000
Financial Income	355 000	11 000	8 000	1 201 000
Financial Costs	794 000	659 000	297 000	762 000
Financial Balance	−439 000	−648 000	−289 000	439 000
Earnings Before Tax	−319 000	−523 000	−158 000	562 000
Tax	34 000	27 000	28 000	31 000
Net Income	−352 000	−550 000	−187 000	531 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 664 000	4 664 000	4 664 000	4 664 000
Total Current Assets	1 865 000	2 459 000	2 453 000	2 444 000
Total Assets	6 530 000	7 123 000	7 117 000	7 108 000
Total Retained Equity	533 000	1 005 000	1 653 000	1 940 000
Total Equity	2 132 000	2 604 000	3 251 000	3 539 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 398 000	4 519 000	3 865 000	3 569 000
Total Equity and Debt	6 530 000	7 123 000	7 117 000	7 108 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	172 000	172 000	172 000	166 000
Other Income	0	0	0	0
Revenue	172 000	172 000	172 000	166 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	52 000	46 000	41 000	43 000
Operating Profit	120 000	125 000	131 000	123 000
Financial Income	355 000	11 000	8 000	1 201 000
Financial Costs	794 000	659 000	297 000	762 000
Financial Balance	−439 000	−648 000	−289 000	439 000
Dividends	0	0	0	0
Net Income	−352 000	−550 000	−187 000	531 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 664 000	4 664 000	4 664 000	4 664 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 664 000	4 664 000	4 664 000	4 664 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 664 000	4 664 000	4 664 000	4 664 000
Stock	0	0	0	0
Total Investments	1 851 000	2 442 000	2 383 000	2 390 000
Cash, Bank	14 000	17 000	3 000	4 000
Total Current Assets	1 865 000	2 459 000	2 453 000	2 444 000
Total Assets	6 530 000	7 123 000	7 117 000	7 108 000
Total Equity	2 132 000	2 604 000	3 251 000	3 539 000
Short-Term Group Debt	4 230 000	3 705 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	168 000	815 000	3 865 000	3 569 000
Total Current Debt	4 398 000	4 519 000	3 865 000	3 569 000
Total Equity and Debt	6 530 000	7 123 000	7 117 000	7 108 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,51 %	−21,12 %	−5,75 %	15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	69,77 %	72,67 %	76,16 %	74,1 %
Current Ratio	0,42	0,54	0,63	0,68
Quick Ratio	0,42	0,54	0,63	0,68
Equity Ratio	0,33	0,37	0,46	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %