HIRO AS

0184 OSLO

Finances

Return on Equity

−8,07 %

Current Ratio

4,44

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 495 000	5 755 000	4 094 000	3 389 000
Net Income	−110 000	778 000	121 000	300 000
Total Assets	2 505 000	2 738 000	1 958 000	1 474 000
Total Equity	1 363 000	1 473 000	695 000	287 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 495 000	5 755 000	4 094 000	3 389 000
Expenditure	3 619 000	4 922 000	4 032 000	2 721 000
Operating Profit	−124 000	833 000	61 000	668 000
Financial Income	1 000	0	2 000	0
Financial Costs	18 000	20 000	19 000	21 000
Financial Balance	−17 000	−20 000	−17 000	−21 000
Earnings Before Tax	−140 000	813 000	44 000	646 000
Tax	−30 000	35 000	−76 000	346 000
Net Income	−110 000	778 000	121 000	300 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	177 000	61 000	228 000	273 000
Total Current Assets	2 328 000	2 677 000	1 730 000	1 201 000
Total Assets	2 505 000	2 738 000	1 958 000	1 474 000
Total Retained Equity	1 339 000	1 449 000	671 000	263 000
Total Equity	1 363 000	1 473 000	695 000	287 000
Total Long-Term Debt	618 000	649 000	630 000	635 000
Total Current Debt	524 000	616 000	632 000	551 000
Total Equity and Debt	2 505 000	2 738 000	1 958 000	1 474 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 147 000	4 499 000	3 262 000	2 585 000
Other Income	348 000	1 256 000	832 000	804 000
Revenue	3 495 000	5 755 000	4 094 000	3 389 000
Cost of Goods Sold	1 918 000	1 990 000	1 787 000	0
Salary Costs	1 418 000	2 408 000	1 835 000	2 238 000
Depreciation	45 000	114 000	114 000	69 000
Impairment	0	0	0	0
Expenditure	3 619 000	4 922 000	4 032 000	2 721 000
Operating Profit	−124 000	833 000	61 000	668 000
Financial Income	1 000	0	2 000	0
Financial Costs	18 000	20 000	19 000	21 000
Financial Balance	−17 000	−20 000	−17 000	−21 000
Dividends	0	0	0	0
Net Income	−110 000	778 000	121 000	300 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	46 000	16 000	69 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	45 000	159 000	273 000
Total Tangible Assets	0	45 000	159 000	273 000
Total Fiancial Fixed Assets	131 000	0	0	0
Total Fixed Assets	177 000	61 000	228 000	273 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 736 000	1 759 000	913 000	778 000
Total Current Assets	2 328 000	2 677 000	1 730 000	1 201 000
Total Assets	2 505 000	2 738 000	1 958 000	1 474 000
Total Equity	1 363 000	1 473 000	695 000	287 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	618 000	649 000	630 000	635 000
Creditors	6 000	214 000	206 000	9 000
Unpaid Taxes	259 000	130 000	175 000	207 000
Dividends	0	0	0	0
Other Current Debt	259 000	222 000	222 000	231 000
Total Current Debt	524 000	616 000	632 000	551 000
Total Equity and Debt	2 505 000	2 738 000	1 958 000	1 474 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,07 %	52,82 %	17,41 %	104,53 %
Debt-to-Equity Ratio	0,45	0,44	0,91	2,21
Operating Profit Margin	−3,55 %	14,47 %	1,49 %	19,71 %
Current Ratio	4,44	4,35	2,74	2,18
Quick Ratio	4,44	4,35	2,74	2,18
Equity Ratio	0,54	0,54	0,35	0,19
Gross Profit Margin	45,12 %	65,42 %	56,35 %	100 %