HEGDALSRINGEN 19-1 AS

3260 LARVIK

Finances

Share Ownership

Return on Equity

323,72 %

Current Ratio

0,73

Debt-to-Equity Ratio

53,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 961 000	2 868 000	2 731 000	2 685 000
Net Income	1 269 000	1 356 000	1 256 000	948 000
Total Assets	23 191 000	17 883 000	17 029 000	17 560 000
Total Equity	392 000	322 000	236 000	113 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 961 000	2 868 000	2 731 000	2 685 000
Expenditure	724 000	751 000	649 000	905 000
Operating Profit	2 237 000	2 118 000	2 082 000	1 780 000
Financial Income	0	0	0	1 000
Financial Costs	610 000	380 000	472 000	565 000
Financial Balance	−610 000	−380 000	−472 000	−564 000
Earnings Before Tax	1 627 000	1 738 000	1 610 000	1 216 000
Tax	358 000	382 000	354 000	267 000
Net Income	1 269 000	1 356 000	1 256 000	948 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 958 000	15 359 000	15 878 000	17 426 000
Total Current Assets	1 233 000	2 524 000	1 151 000	134 000
Total Assets	23 191 000	17 883 000	17 029 000	17 560 000
Total Retained Equity	282 000	212 000	126 000	3 000
Total Equity	392 000	322 000	236 000	113 000
Total Long-Term Debt	21 108 000	15 816 000	15 239 000	16 004 000
Total Current Debt	1 691 000	1 745 000	1 555 000	1 443 000
Total Equity and Debt	23 191 000	17 883 000	17 029 000	17 560 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 961 000	2 868 000	2 731 000	2 685 000
Revenue	2 961 000	2 868 000	2 731 000	2 685 000
Cost of Goods Sold	233 000	296 000	72 000	29 000
Salary Costs	0	0	0	0
Depreciation	420 000	420 000	417 000	671 000
Impairment	0	0	0	0
Expenditure	724 000	751 000	649 000	905 000
Operating Profit	2 237 000	2 118 000	2 082 000	1 780 000
Financial Income	0	0	0	1 000
Financial Costs	610 000	380 000	472 000	565 000
Financial Balance	−610 000	−380 000	−472 000	−564 000
Dividends	0	0	0	0
Net Income	1 269 000	1 356 000	1 256 000	948 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 939 000	15 359 000	15 779 000	15 629 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	14 939 000	15 359 000	15 779 000	15 629 000
Total Fiancial Fixed Assets	7 019 000	0	99 000	1 797 000
Total Fixed Assets	21 958 000	15 359 000	15 878 000	17 426 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 133 000	2 397 000	821 000	129 000
Total Current Assets	1 233 000	2 524 000	1 151 000	134 000
Total Assets	23 191 000	17 883 000	17 029 000	17 560 000
Total Equity	392 000	322 000	236 000	113 000
Short-Term Group Debt	1 537 000	1 628 000	1 452 000	1 298 000
Total Long-Term Debt	21 108 000	15 816 000	15 239 000	16 004 000
Creditors	38 000	23 000	14 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	117 000	94 000	89 000	140 000
Total Current Debt	1 691 000	1 745 000	1 555 000	1 443 000
Total Equity and Debt	23 191 000	17 883 000	17 029 000	17 560 000

Financial indicators	2022	2021	2020	2019
Return on Equity	323,72 %	421,12 %	532,2 %	838,94 %
Debt-to-Equity Ratio	53,85	49,12	64,57	141,63
Operating Profit Margin	75,55 %	73,85 %	76,24 %	66,29 %
Current Ratio	0,73	1,45	0,74	0,09
Quick Ratio	0,73	1,45	0,74	0,09
Equity Ratio	0,02	0,02	0,01	0,01
Gross Profit Margin	92,13 %	89,68 %	97,36 %	98,92 %