HONG EIENDOM AS

5058 BERGEN

Finances

Share Ownership

Return on Equity

−24,16 %

Current Ratio

1,63

Debt-to-Equity Ratio

2,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	136 000	0	0	0
Net Income	−317 000	−372 000	−229 000	−99 000
Total Assets	4 993 000	5 102 000	5 381 000	2 306 000
Total Equity	1 312 000	1 499 000	1 812 000	1 982 000

Income (NOK)	2022	2021	2020	2019
Revenue	136 000	0	0	0
Expenditure	310 000	420 000	209 000	95 000
Operating Profit	−174 000	−419 000	−209 000	−95 000
Financial Income	0	119 000	12 000	0
Financial Costs	179 000	89 000	49 000	4 000
Financial Balance	−179 000	30 000	−37 000	−4 000
Earnings Before Tax	−353 000	−389 000	−246 000	−99 000
Tax	−37 000	−17 000	−17 000	0
Net Income	−317 000	−372 000	−229 000	−99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 962 000	5 048 000	5 163 000	1 792 000
Total Current Assets	31 000	54 000	218 000	514 000
Total Assets	4 993 000	5 102 000	5 381 000	2 306 000
Total Retained Equity	−1 167 000	−850 000	−478 000	−248 000
Total Equity	1 312 000	1 499 000	1 812 000	1 982 000
Total Long-Term Debt	3 661 000	3 603 000	3 563 000	324 000
Total Current Debt	19 000	0	6 000	1 000
Total Equity and Debt	4 993 000	5 102 000	5 381 000	2 306 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	136 000	0	0	0
Revenue	136 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	135 000	132 000	55 000	0
Impairment	0	0	0	0
Expenditure	310 000	420 000	209 000	95 000
Operating Profit	−174 000	−419 000	−209 000	−95 000
Financial Income	0	119 000	12 000	0
Financial Costs	179 000	89 000	49 000	4 000
Financial Balance	−179 000	30 000	−37 000	−4 000
Dividends	0	0	0	0
Net Income	−317 000	−372 000	−229 000	−99 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 640 000	4 738 000	4 835 000	1 792 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	321 000	310 000	327 000	0
Total Tangible Assets	4 962 000	5 048 000	5 163 000	1 792 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 962 000	5 048 000	5 163 000	1 792 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 000	54 000	218 000	222 000
Total Current Assets	31 000	54 000	218 000	514 000
Total Assets	4 993 000	5 102 000	5 381 000	2 306 000
Total Equity	1 312 000	1 499 000	1 812 000	1 982 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 661 000	3 603 000	3 563 000	324 000
Creditors	0	0	5 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	19 000	0	1 000	1 000
Total Current Debt	19 000	0	6 000	1 000
Total Equity and Debt	4 993 000	5 102 000	5 381 000	2 306 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,16 %	−24,82 %	−12,64 %	−4,99 %
Debt-to-Equity Ratio	2,79	2,4	1,97	0,16
Operating Profit Margin	−127,94 %	-	-	-
Current Ratio	1,63	-	36,33	514
Quick Ratio	1,63	-	36,33	514
Equity Ratio	0,26	0,29	0,34	0,86
Gross Profit Margin	100 %	-	-	-