HVITSAND EIENDOM AS

7240 HITRA

Finances

Share Ownership

Return on Equity

−3,31 %

Current Ratio

0,04

Debt-to-Equity Ratio

−9,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	430 000	385 000	441 000	446 000
Net Income	12 000	5 000	6 000	−19 000
Total Assets	3 612 000	3 798 000	4 059 000	4 220 000
Total Equity	−363 000	−375 000	−380 000	−386 000

Income (NOK)	2022	2021	2020	2019
Revenue	430 000	385 000	441 000	446 000
Expenditure	275 000	255 000	274 000	286 000
Operating Profit	156 000	130 000	167 000	161 000
Financial Income	0	0	0	1 000
Financial Costs	141 000	125 000	160 000	186 000
Financial Balance	−141 000	−125 000	−160 000	−185 000
Earnings Before Tax	15 000	6 000	8 000	−25 000
Tax	3 000	1 000	2 000	−5 000
Net Income	12 000	5 000	6 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 583 000	3 756 000	3 928 000	4 102 000
Total Current Assets	29 000	42 000	130 000	118 000
Total Assets	3 612 000	3 798 000	4 059 000	4 220 000
Total Retained Equity	−393 000	−405 000	−410 000	−416 000
Total Equity	−363 000	−375 000	−380 000	−386 000
Total Long-Term Debt	3 316 000	3 329 000	3 534 000	3 637 000
Total Current Debt	659 000	843 000	904 000	969 000
Total Equity and Debt	3 612 000	3 798 000	4 059 000	4 220 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	430 000	385 000	441 000	446 000
Revenue	430 000	385 000	441 000	446 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	198 000	198 000	198 000	204 000
Impairment	0	0	0	0
Expenditure	275 000	255 000	274 000	286 000
Operating Profit	156 000	130 000	167 000	161 000
Financial Income	0	0	0	1 000
Financial Costs	141 000	125 000	160 000	186 000
Financial Balance	−141 000	−125 000	−160 000	−185 000
Dividends	0	0	0	0
Net Income	12 000	5 000	6 000	−19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	210 000	185 000	160 000	136 000
Real Eastate	3 373 000	3 570 000	3 768 000	3 966 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 373 000	3 570 000	3 768 000	3 966 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 583 000	3 756 000	3 928 000	4 102 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 000	2 000	10 000	118 000
Total Current Assets	29 000	42 000	130 000	118 000
Total Assets	3 612 000	3 798 000	4 059 000	4 220 000
Total Equity	−363 000	−375 000	−380 000	−386 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 316 000	3 329 000	3 534 000	3 637 000
Creditors	16 000	0	2 000	14 000
Unpaid Taxes	93 000	87 000	81 000	79 000
Dividends	0	0	0	0
Other Current Debt	521 000	730 000	795 000	857 000
Total Current Debt	659 000	843 000	904 000	969 000
Total Equity and Debt	3 612 000	3 798 000	4 059 000	4 220 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,31 %	−1,33 %	−1,58 %	4,92 %
Debt-to-Equity Ratio	−9,13	−8,88	−9,3	−9,42
Operating Profit Margin	36,28 %	33,77 %	37,87 %	36,1 %
Current Ratio	0,04	0,05	0,14	0,12
Quick Ratio	0,04	0,05	0,14	0,12
Equity Ratio	−0,1	−0,1	−0,09	−0,09
Gross Profit Margin	100 %	100 %	100 %	100 %