HYDROTHANE SCANDINAVIA AS

1912 ENEBAKK

Finances

Return on Equity

65,49 %

Current Ratio

5,21

Debt-to-Equity Ratio

4,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 454 000	0	0	0
Net Income	74 000	−40 000	−20 000	−19 000
Total Assets	750 000	51 000	90 000	110 000
Total Equity	113 000	39 000	79 000	98 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 454 000	0	0	0
Expenditure	1 379 000	40 000	20 000	19 000
Operating Profit	74 000	−40 000	−20 000	−19 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	74 000	−40 000	−20 000	−19 000
Tax	0	0	0	0
Net Income	74 000	−40 000	−20 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	0	0	0
Total Current Assets	714 000	51 000	90 000	110 000
Total Assets	750 000	51 000	90 000	110 000
Total Retained Equity	−85 000	−159 000	−120 000	−100 000
Total Equity	113 000	39 000	79 000	98 000
Total Long-Term Debt	500 000	0	0	0
Total Current Debt	137 000	12 000	12 000	12 000
Total Equity and Debt	750 000	51 000	90 000	110 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 454 000	0	0	0
Other Income	0	0	0	0
Revenue	1 454 000	0	0	0
Cost of Goods Sold	1 334 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	9 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 379 000	40 000	20 000	19 000
Operating Profit	74 000	−40 000	−20 000	−19 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	74 000	−40 000	−20 000	−19 000

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	36 000	0	0	0
Total Tangible Assets	36 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	359 000	51 000	90 000	110 000
Total Current Assets	714 000	51 000	90 000	110 000
Total Assets	750 000	51 000	90 000	110 000
Total Equity	113 000	39 000	79 000	98 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	500 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	80 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	57 000	12 000	12 000	12 000
Total Current Debt	137 000	12 000	12 000	12 000
Total Equity and Debt	750 000	51 000	90 000	110 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,49 %	−102,56 %	−25,32 %	−19,39 %
Debt-to-Equity Ratio	4,42	0	0	0
Operating Profit Margin	5,09 %	-	-	-
Current Ratio	5,21	4,25	7,5	9,17
Quick Ratio	5,21	4,25	7,5	9,17
Equity Ratio	0,15	0,76	0,88	0,89
Gross Profit Margin	8,25 %	-	-	-