HGV AS

4580 LYNGDAL

Finances

Share Ownership

Return on Equity

24,65 %

Current Ratio

0,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 485 000	1 092 000	0	0
Net Income	213 000	33 000	−39 000	−22 000
Total Assets	2 949 000	845 000	1 523 000	872 000
Total Equity	864 000	651 000	806 000	844 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 485 000	1 092 000	0	0
Expenditure	1 208 000	1 028 000	25 000	23 000
Operating Profit	277 000	−2 000	−25 000	−23 000
Financial Income	0	2 000	1 000	1 000
Financial Costs	4 000	0	15 000	0
Financial Balance	−4 000	2 000	−14 000	1 000
Earnings Before Tax	273 000	0	−39 000	−22 000
Tax	60 000	−32 000	0	0
Net Income	213 000	33 000	−39 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 764 000	224 000	720 000	45 000
Total Current Assets	1 185 000	621 000	804 000	828 000
Total Assets	2 949 000	845 000	1 523 000	872 000
Total Retained Equity	764 000	551 000	706 000	744 000
Total Equity	864 000	651 000	806 000	844 000
Total Long-Term Debt	866 000	0	0	0
Total Current Debt	1 219 000	194 000	718 000	28 000
Total Equity and Debt	2 949 000	845 000	1 523 000	872 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 349 000	1 092 000	0	0
Other Income	136 000	0	0	0
Revenue	1 485 000	1 092 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	693 000	588 000	0	0
Depreciation	38 000	26 000	0	0
Impairment	0	0	0	0
Expenditure	1 208 000	1 028 000	25 000	23 000
Operating Profit	277 000	−2 000	−25 000	−23 000
Financial Income	0	2 000	1 000	1 000
Financial Costs	4 000	0	15 000	0
Financial Balance	−4 000	2 000	−14 000	1 000
Dividends	0	0	0	0
Net Income	213 000	33 000	−39 000	−22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	84 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 740 000	140 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 740 000	140 000	0	0
Total Fiancial Fixed Assets	0	0	720 000	45 000
Total Fixed Assets	1 764 000	224 000	720 000	45 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	591 000	417 000	144 000	168 000
Total Current Assets	1 185 000	621 000	804 000	828 000
Total Assets	2 949 000	845 000	1 523 000	872 000
Total Equity	864 000	651 000	806 000	844 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	866 000	0	0	0
Creditors	878 000	42 000	0	0
Unpaid Taxes	69 000	58 000	0	0
Dividends	0	0	0	0
Other Current Debt	272 000	94 000	718 000	28 000
Total Current Debt	1 219 000	194 000	718 000	28 000
Total Equity and Debt	2 949 000	845 000	1 523 000	872 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,65 %	5,07 %	−4,84 %	−2,61 %
Debt-to-Equity Ratio	1	0	0	0
Operating Profit Margin	18,65 %	−0,18 %	-	-
Current Ratio	0,97	3,2	1,12	29,57
Quick Ratio	0,97	3,2	1,12	29,57
Equity Ratio	0,29	0,77	0,53	0,97
Gross Profit Margin	100 %	100 %	-	-