HIGH VOLTAGE AUDIO AS

0566 OSLO

Finances

Share Ownership

Return on Equity

5,26 %

Current Ratio

0,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	276 000	362 000	380 000	555 000
Net Income	1 000	−55 000	22 000	−34 000
Total Assets	60 000	80 000	118 000	108 000
Total Equity	19 000	18 000	73 000	51 000

Income (NOK)	2022	2021	2020	2019
Revenue	276 000	362 000	380 000	555 000
Expenditure	276 000	398 000	351 000	597 000
Operating Profit	0	−36 000	29 000	−42 000
Financial Income	2 000	0	0	0
Financial Costs	2 000	6 000	1 000	2 000
Financial Balance	0	−6 000	−1 000	−2 000
Earnings Before Tax	1 000	−42 000	28 000	−43 000
Tax	0	14 000	6 000	−9 000
Net Income	1 000	−55 000	22 000	−34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	42 000	92 000	95 000
Total Current Assets	34 000	38 000	27 000	13 000
Total Assets	60 000	80 000	118 000	108 000
Total Retained Equity	−11 000	−12 000	43 000	21 000
Total Equity	19 000	18 000	73 000	51 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	41 000	62 000	45 000	57 000
Total Equity and Debt	60 000	80 000	118 000	108 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	276 000	362 000	341 000	555 000
Other Income	0	0	38 000	0
Revenue	276 000	362 000	380 000	555 000
Cost of Goods Sold	30 000	102 000	103 000	79 000
Salary Costs	39 000	39 000	37 000	274 000
Depreciation	16 000	29 000	40 000	59 000
Impairment	0	0	0	0
Expenditure	276 000	398 000	351 000	597 000
Operating Profit	0	−36 000	29 000	−42 000
Financial Income	2 000	0	0	0
Financial Costs	2 000	6 000	1 000	2 000
Financial Balance	0	−6 000	−1 000	−2 000
Dividends	0	0	0	0
Net Income	1 000	−55 000	22 000	−34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	14 000	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	42 000	71 000	68 000
Total Tangible Assets	26 000	42 000	71 000	68 000
Total Fiancial Fixed Assets	0	0	8 000	8 000
Total Fixed Assets	26 000	42 000	92 000	95 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	33 000	30 000	21 000	9 000
Total Current Assets	34 000	38 000	27 000	13 000
Total Assets	60 000	80 000	118 000	108 000
Total Equity	19 000	18 000	73 000	51 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	39 000	11 000	4 000
Unpaid Taxes	16 000	16 000	31 000	24 000
Dividends	0	0	0	0
Other Current Debt	21 000	7 000	3 000	29 000
Total Current Debt	41 000	62 000	45 000	57 000
Total Equity and Debt	60 000	80 000	118 000	108 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,26 %	−305,56 %	30,14 %	−66,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0 %	−9,94 %	7,63 %	−7,57 %
Current Ratio	0,83	0,61	0,6	0,23
Quick Ratio	0,83	0,61	0,6	0,23
Equity Ratio	0,32	0,23	0,62	0,47
Gross Profit Margin	89,13 %	71,82 %	72,89 %	85,77 %