HGG8 AS

1530 MOSS

Finances

Share Ownership

Return on Equity

−20,27 %

Current Ratio

1,4

Debt-to-Equity Ratio

13,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 212 000	1 138 000	743 000	1 013 000
Net Income	−607 000	213 000	−88 000	302 000
Total Assets	47 080 000	31 940 000	10 051 000	7 656 000
Total Equity	2 995 000	3 602 000	3 595 000	3 684 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 212 000	1 138 000	743 000	1 013 000
Expenditure	1 434 000	666 000	758 000	415 000
Operating Profit	778 000	471 000	−15 000	598 000
Financial Income	3 000	3 000	0	0
Financial Costs	1 410 000	202 000	99 000	208 000
Financial Balance	−1 407 000	−199 000	−99 000	−208 000
Earnings Before Tax	−629 000	273 000	−113 000	391 000
Tax	−22 000	60 000	−25 000	89 000
Net Income	−607 000	213 000	−88 000	302 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 819 000	29 962 000	9 742 000	7 513 000
Total Current Assets	5 261 000	1 978 000	309 000	144 000
Total Assets	47 080 000	31 940 000	10 051 000	7 656 000
Total Retained Equity	5 000	612 000	605 000	694 000
Total Equity	2 995 000	3 602 000	3 595 000	3 684 000
Total Long-Term Debt	40 340 000	20 706 000	5 383 000	3 863 000
Total Current Debt	3 745 000	7 632 000	1 073 000	110 000
Total Equity and Debt	47 080 000	31 940 000	10 051 000	7 656 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	2 212 000	1 138 000	743 000	1 013 000
Revenue	2 212 000	1 138 000	743 000	1 013 000
Cost of Goods Sold	23 000	95 000	69 000	0
Salary Costs	0	0	0	0
Depreciation	354 000	354 000	354 000	337 000
Impairment	0	0	0	0
Expenditure	1 434 000	666 000	758 000	415 000
Operating Profit	778 000	471 000	−15 000	598 000
Financial Income	3 000	3 000	0	0
Financial Costs	1 410 000	202 000	99 000	208 000
Financial Balance	−1 407 000	−199 000	−99 000	−208 000
Dividends	0	0	0	0
Net Income	−607 000	213 000	−88 000	302 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	41 819 000	29 962 000	9 742 000	7 513 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	41 819 000	29 962 000	9 742 000	7 513 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	41 819 000	29 962 000	9 742 000	7 513 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 455 000	126 000	124 000	142 000
Total Current Assets	5 261 000	1 978 000	309 000	144 000
Total Assets	47 080 000	31 940 000	10 051 000	7 656 000
Total Equity	2 995 000	3 602 000	3 595 000	3 684 000
Short-Term Group Debt	1 260 000	265 000	0	0
Total Long-Term Debt	40 340 000	20 706 000	5 383 000	3 863 000
Creditors	2 395 000	7 111 000	706 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	90 000	256 000	366 000	1 000
Total Current Debt	3 745 000	7 632 000	1 073 000	110 000
Total Equity and Debt	47 080 000	31 940 000	10 051 000	7 656 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,27 %	5,91 %	−2,45 %	8,2 %
Debt-to-Equity Ratio	13,47	5,75	1,5	1,05
Operating Profit Margin	35,17 %	41,39 %	−2,02 %	59,03 %
Current Ratio	1,4	0,26	0,29	1,31
Quick Ratio	1,4	0,26	0,29	1,31
Equity Ratio	0,06	0,11	0,36	0,48
Gross Profit Margin	98,96 %	91,65 %	90,71 %	100 %