HSK RACING AS

9603 HAMMERFEST

Finances

Share Ownership

Return on Equity

20,78 %

Current Ratio

1,57

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 830 000	6 326 000	4 981 000	5 441 000
Net Income	165 000	1 000	164 000	216 000
Total Assets	1 783 000	1 499 000	1 402 000	1 445 000
Total Equity	794 000	629 000	628 000	464 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 830 000	6 326 000	4 981 000	5 441 000
Expenditure	6 619 000	6 320 000	4 741 000	5 076 000
Operating Profit	211 000	6 000	241 000	364 000
Financial Income	0	0	0	3 000
Financial Costs	0	5 000	31 000	90 000
Financial Balance	0	−5 000	−31 000	−87 000
Earnings Before Tax	212 000	1 000	210 000	277 000
Tax	47 000	0	46 000	61 000
Net Income	165 000	1 000	164 000	216 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	247 000	285 000	211 000	225 000
Total Current Assets	1 536 000	1 215 000	1 191 000	1 220 000
Total Assets	1 783 000	1 499 000	1 402 000	1 445 000
Total Retained Equity	764 000	599 000	598 000	434 000
Total Equity	794 000	629 000	628 000	464 000
Total Long-Term Debt	10 000	7 000	74 000	138 000
Total Current Debt	979 000	864 000	700 000	842 000
Total Equity and Debt	1 783 000	1 499 000	1 402 000	1 445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 830 000	6 271 000	4 968 000	5 438 000
Other Income	0	55 000	12 000	3 000
Revenue	6 830 000	6 326 000	4 981 000	5 441 000
Cost of Goods Sold	4 542 000	4 439 000	3 353 000	3 851 000
Salary Costs	1 073 000	1 014 000	559 000	503 000
Depreciation	88 000	35 000	65 000	53 000
Impairment	0	0	0	0
Expenditure	6 619 000	6 320 000	4 741 000	5 076 000
Operating Profit	211 000	6 000	241 000	364 000
Financial Income	0	0	0	3 000
Financial Costs	0	5 000	31 000	90 000
Financial Balance	0	−5 000	−31 000	−87 000
Dividends	0	0	0	0
Net Income	165 000	1 000	164 000	216 000

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	4 000	11 000	18 000	0
Fixtures	193 000	274 000	193 000	225 000
Total Tangible Assets	197 000	285 000	211 000	225 000
Total Fiancial Fixed Assets	50 000	0	0	0
Total Fixed Assets	247 000	285 000	211 000	225 000
Stock	630 000	509 000	492 000	296 000
Total Investments	0	0	0	0
Cash, Bank	682 000	594 000	562 000	737 000
Total Current Assets	1 536 000	1 215 000	1 191 000	1 220 000
Total Assets	1 783 000	1 499 000	1 402 000	1 445 000
Total Equity	794 000	629 000	628 000	464 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	7 000	74 000	138 000
Creditors	331 000	477 000	0	344 000
Unpaid Taxes	189 000	175 000	0	166 000
Dividends	0	0	0	0
Other Current Debt	418 000	212 000	0	270 000
Total Current Debt	979 000	864 000	700 000	842 000
Total Equity and Debt	1 783 000	1 499 000	1 402 000	1 445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,78 %	0,16 %	26,11 %	46,55 %
Debt-to-Equity Ratio	0,01	0,01	0,12	0,3
Operating Profit Margin	3,09 %	0,09 %	4,84 %	6,69 %
Current Ratio	1,57	1,41	1,7	1,45
Quick Ratio	4,4	3,42	5,73	2,23
Equity Ratio	0,45	0,42	0,45	0,32
Gross Profit Margin	33,5 %	29,83 %	32,68 %	29,22 %