HS MOTOR AS

2013 SKJETTEN

Finances

Share Ownership

Return on Equity

144,92 %

Current Ratio

2,6

Debt-to-Equity Ratio

−5,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	104 014 000	68 570 000	67 446 000	51 334 000
Net Income	−3 510 000	736 000	52 000	29 000
Total Assets	17 842 000	11 519 000	11 117 000	10 156 000
Total Equity	−2 422 000	1 088 000	353 000	300 000

Income (NOK)	2022	2021	2020	2019
Revenue	104 014 000	68 570 000	67 446 000	51 334 000
Expenditure	106 785 000	66 994 000	66 784 000	50 911 000
Operating Profit	−2 770 000	1 575 000	663 000	423 000
Financial Income	20 000	44 000	0	2 000
Financial Costs	760 000	743 000	610 000	397 000
Financial Balance	−740 000	−699 000	−610 000	−395 000
Earnings Before Tax	−3 510 000	876 000	52 000	29 000
Tax	0	141 000	0	0
Net Income	−3 510 000	736 000	52 000	29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	121 000	6 000	6 000	6 000
Total Current Assets	17 721 000	11 514 000	11 112 000	10 151 000
Total Assets	17 842 000	11 519 000	11 117 000	10 156 000
Total Retained Equity	−2 922 000	588 000	−147 000	−200 000
Total Equity	−2 422 000	1 088 000	353 000	300 000
Total Long-Term Debt	13 451 000	10 052 000	9 366 000	9 560 000
Total Current Debt	6 813 000	379 000	1 398 000	297 000
Total Equity and Debt	17 842 000	11 519 000	11 117 000	10 156 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	103 359 000	68 039 000	66 882 000	50 605 000
Other Income	654 000	531 000	565 000	729 000
Revenue	104 014 000	68 570 000	67 446 000	51 334 000
Cost of Goods Sold	104 420 000	65 026 000	64 595 000	48 896 000
Salary Costs	783 000	540 000	477 000	550 000
Depreciation	5 000	0	0	1 000
Impairment	0	0	0	0
Expenditure	106 785 000	66 994 000	66 784 000	50 911 000
Operating Profit	−2 770 000	1 575 000	663 000	423 000
Financial Income	20 000	44 000	0	2 000
Financial Costs	760 000	743 000	610 000	397 000
Financial Balance	−740 000	−699 000	−610 000	−395 000
Dividends	0	0	0	0
Net Income	−3 510 000	736 000	52 000	29 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	115 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	6 000	6 000	6 000
Total Tangible Assets	121 000	6 000	6 000	6 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	121 000	6 000	6 000	6 000
Stock	16 529 000	10 311 000	9 883 000	8 744 000
Total Investments	0	0	0	0
Cash, Bank	942 000	507 000	553 000	291 000
Total Current Assets	17 721 000	11 514 000	11 112 000	10 151 000
Total Assets	17 842 000	11 519 000	11 117 000	10 156 000
Total Equity	−2 422 000	1 088 000	353 000	300 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 451 000	10 052 000	9 366 000	9 560 000
Creditors	4 971 000	148 000	1 325 000	262 000
Unpaid Taxes	53 000	45 000	22 000	−15 000
Dividends	0	0	0	0
Other Current Debt	1 789 000	46 000	51 000	49 000
Total Current Debt	6 813 000	379 000	1 398 000	297 000
Total Equity and Debt	17 842 000	11 519 000	11 117 000	10 156 000

Financial indicators	2022	2021	2020	2019
Return on Equity	144,92 %	67,65 %	14,73 %	9,67 %
Debt-to-Equity Ratio	−5,55	9,24	26,53	31,87
Operating Profit Margin	−2,66 %	2,3 %	0,98 %	0,82 %
Current Ratio	2,6	30,38	7,95	34,18
Quick Ratio	−1,82	−1,16	−1,31	−1,2
Equity Ratio	−0,14	0,09	0,03	0,03
Gross Profit Margin	−0,39 %	5,17 %	4,23 %	4,75 %