HUNTING ENERGY SERVICES (NORWAY) AS

4055 SOLA

Finances

Share Ownership

Return on Equity

−64,18 %

Current Ratio

3,86

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 082 000	28 654 000	29 245 000	14 178 000
Net Income	−15 136 000	−4 050 000	−2 390 000	−6 169 000
Total Assets	29 149 000	27 624 000	26 430 000	13 463 000
Total Equity	23 584 000	−26 423 000	−22 374 000	−19 984 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 082 000	28 654 000	29 245 000	14 178 000
Expenditure	43 856 000	30 735 000	30 802 000	18 800 000
Operating Profit	−2 773 000	−2 082 000	−1 557 000	−4 621 000
Financial Income	75 000	0	4 042 000	3 594 000
Financial Costs	12 439 000	1 968 000	4 874 000	5 141 000
Financial Balance	−12 364 000	−1 968 000	−832 000	−1 547 000
Earnings Before Tax	−15 136 000	−4 050 000	−2 390 000	−6 169 000
Tax	0	0	0	0
Net Income	−15 136 000	−4 050 000	−2 390 000	−6 169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 693 000	4 386 000	4 401 000	2 866 000
Total Current Assets	21 456 000	23 238 000	22 029 000	10 597 000
Total Assets	29 149 000	27 624 000	26 430 000	13 463 000
Total Retained Equity	0	−32 423 000	−28 374 000	−25 984 000
Total Equity	23 584 000	−26 423 000	−22 374 000	−19 984 000
Total Long-Term Debt	0	0	0	26 697 000
Total Current Debt	5 565 000	54 048 000	48 804 000	6 750 000
Total Equity and Debt	29 149 000	27 624 000	26 430 000	13 463 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 082 000	28 654 000	29 245 000	14 178 000
Other Income	0	0	0	0
Revenue	41 082 000	28 654 000	29 245 000	14 178 000
Cost of Goods Sold	28 668 000	18 098 000	19 696 000	9 512 000
Salary Costs	7 432 000	6 714 000	6 025 000	4 045 000
Depreciation	1 424 000	1 549 000	1 210 000	581 000
Impairment	0	0	0	852 000
Expenditure	43 856 000	30 735 000	30 802 000	18 800 000
Operating Profit	−2 773 000	−2 082 000	−1 557 000	−4 621 000
Financial Income	75 000	0	4 042 000	3 594 000
Financial Costs	12 439 000	1 968 000	4 874 000	5 141 000
Financial Balance	−12 364 000	−1 968 000	−832 000	−1 547 000
Dividends	0	0	0	0
Net Income	−15 136 000	−4 050 000	−2 390 000	−6 169 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 765 000	4 386 000	4 384 000	2 866 000
Total Tangible Assets	2 765 000	4 386 000	4 384 000	2 866 000
Total Fiancial Fixed Assets	4 928 000	0	17 000	0
Total Fixed Assets	7 693 000	4 386 000	4 401 000	2 866 000
Stock	4 339 000	3 969 000	3 535 000	4 128 000
Total Investments	0	0	0	0
Cash, Bank	5 583 000	7 074 000	15 815 000	2 827 000
Total Current Assets	21 456 000	23 238 000	22 029 000	10 597 000
Total Assets	29 149 000	27 624 000	26 430 000	13 463 000
Total Equity	23 584 000	−26 423 000	−22 374 000	−19 984 000
Short-Term Group Debt	0	45 779 000	44 137 000	4 285 000
Total Long-Term Debt	0	0	0	26 697 000
Creditors	2 067 000	3 643 000	2 375 000	2 000
Unpaid Taxes	737 000	1 754 000	1 151 000	985 000
Dividends	0	0	0	0
Other Current Debt	2 760 000	2 872 000	1 142 000	1 477 000
Total Current Debt	5 565 000	54 048 000	48 804 000	6 750 000
Total Equity and Debt	29 149 000	27 624 000	26 430 000	13 463 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−64,18 %	15,33 %	10,68 %	30,87 %
Debt-to-Equity Ratio	0	−0	−0	−1,34
Operating Profit Margin	−6,75 %	−7,27 %	−5,32 %	−32,59 %
Current Ratio	3,86	0,43	0,45	1,57
Quick Ratio	17,5	0,46	0,49	4,04
Equity Ratio	0,81	−0,96	−0,85	−1,48
Gross Profit Margin	30,22 %	36,84 %	32,65 %	32,91 %