HI NORTH AS

8656 MOSJØEN

Finances

Return on Equity

714,63 %

Current Ratio

0,34

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 713 000	7 550 000	4 679 000	3 353 000
Net Income	−2 101 000	823 000	1 269 000	−341 000
Total Assets	945 000	3 011 000	1 911 000	595 000
Total Equity	−294 000	1 807 000	984 000	−285 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 713 000	7 550 000	4 679 000	3 353 000
Expenditure	6 512 000	6 499 000	3 143 000	3 687 000
Operating Profit	−1 800 000	1 051 000	1 536 000	−334 000
Financial Income	0	5 000	1 000	1 000
Financial Costs	301 000	1 000	1 000	10 000
Financial Balance	−301 000	4 000	0	−9 000
Earnings Before Tax	−2 101 000	1 055 000	1 536 000	−343 000
Tax	0	232 000	267 000	−2 000
Net Income	−2 101 000	823 000	1 269 000	−341 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	526 000	997 000	238 000	207 000
Total Current Assets	418 000	2 014 000	1 673 000	388 000
Total Assets	945 000	3 011 000	1 911 000	595 000
Total Retained Equity	−324 000	1 777 000	954 000	−315 000
Total Equity	−294 000	1 807 000	984 000	−285 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 239 000	1 205 000	927 000	880 000
Total Equity and Debt	945 000	3 011 000	1 911 000	595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 987 000	5 900 000	4 169 000	3 320 000
Other Income	1 726 000	1 650 000	509 000	33 000
Revenue	4 713 000	7 550 000	4 679 000	3 353 000
Cost of Goods Sold	698 000	806 000	247 000	1 277 000
Salary Costs	1 892 000	2 343 000	1 250 000	1 414 000
Depreciation	108 000	98 000	72 000	68 000
Impairment	0	0	0	0
Expenditure	6 512 000	6 499 000	3 143 000	3 687 000
Operating Profit	−1 800 000	1 051 000	1 536 000	−334 000
Financial Income	0	5 000	1 000	1 000
Financial Costs	301 000	1 000	1 000	10 000
Financial Balance	−301 000	4 000	0	−9 000
Dividends	0	0	0	0
Net Income	−2 101 000	823 000	1 269 000	−341 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 000	13 000	24 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	194 000	330 000	198 000	156 000
Total Tangible Assets	194 000	330 000	198 000	156 000
Total Fiancial Fixed Assets	332 000	665 000	27 000	27 000
Total Fixed Assets	526 000	997 000	238 000	207 000
Stock	74 000	89 000	55 000	45 000
Total Investments	0	0	0	0
Cash, Bank	167 000	1 261 000	1 554 000	167 000
Total Current Assets	418 000	2 014 000	1 673 000	388 000
Total Assets	945 000	3 011 000	1 911 000	595 000
Total Equity	−294 000	1 807 000	984 000	−285 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	617 000	109 000	72 000	372 000
Unpaid Taxes	54 000	96 000	39 000	33 000
Dividends	0	0	0	0
Other Current Debt	568 000	768 000	549 000	475 000
Total Current Debt	1 239 000	1 205 000	927 000	880 000
Total Equity and Debt	945 000	3 011 000	1 911 000	595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	714,63 %	45,55 %	128,96 %	119,65 %
Debt-to-Equity Ratio	−0	0	0	−0
Operating Profit Margin	−38,19 %	13,92 %	32,83 %	−9,96 %
Current Ratio	0,34	1,67	1,8	0,44
Quick Ratio	0,36	1,8	1,92	0,46
Equity Ratio	−0,31	0,6	0,51	−0,48
Gross Profit Margin	85,19 %	89,32 %	94,72 %	61,91 %