HYDROSPA AS

4560 VANSE

Finances

Share Ownership

Return on Equity

−9,6 %

Current Ratio

0,29

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	427 000	377 000	2 000	150 000
Net Income	46 000	−94 000	−216 000	−89 000
Total Assets	407 000	210 000	−54 000	81 000
Total Equity	−479 000	−524 000	−431 000	−215 000

Income (NOK)	2022	2021	2020	2019
Revenue	427 000	377 000	2 000	150 000
Expenditure	381 000	471 000	217 000	238 000
Operating Profit	46 000	−94 000	−216 000	−89 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	46 000	−94 000	−216 000	−89 000
Tax	0	0	0	0
Net Income	46 000	−94 000	−216 000	−89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	149 000	187 000	0	0
Total Current Assets	258 000	23 000	−54 000	81 000
Total Assets	407 000	210 000	−54 000	81 000
Total Retained Equity	−509 000	−554 000	−461 000	−245 000
Total Equity	−479 000	−524 000	−431 000	−215 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	886 000	734 000	376 000	296 000
Total Equity and Debt	407 000	210 000	−54 000	81 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	427 000	377 000	2 000	150 000
Other Income	0	0	0	0
Revenue	427 000	377 000	2 000	150 000
Cost of Goods Sold	170 000	154 000	55 000	135 000
Salary Costs	0	0	0	0
Depreciation	37 000	47 000	0	0
Impairment	0	0	0	0
Expenditure	381 000	471 000	217 000	238 000
Operating Profit	46 000	−94 000	−216 000	−89 000
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	46 000	−94 000	−216 000	−89 000

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	149 000	187 000	0	0
Total Tangible Assets	149 000	187 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	149 000	187 000	0	0
Stock	10 000	23 000	46 000	59 000
Total Investments	0	0	0	0
Cash, Bank	247 000	0	0	22 000
Total Current Assets	258 000	23 000	−54 000	81 000
Total Assets	407 000	210 000	−54 000	81 000
Total Equity	−479 000	−524 000	−431 000	−215 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	64 000	−35 000	−35 000	−6 000
Unpaid Taxes	25 000	−11 000	−22 000	−7 000
Dividends	0	0	0	0
Other Current Debt	796 000	780 000	434 000	308 000
Total Current Debt	886 000	734 000	376 000	296 000
Total Equity and Debt	407 000	210 000	−54 000	81 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,6 %	17,94 %	50,12 %	41,4 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	10,77 %	−24,93 %	−10 800 %	−59,33 %
Current Ratio	0,29	0,03	−0,14	0,27
Quick Ratio	0,29	0,03	−0,16	0,34
Equity Ratio	−1,18	−2,5	7,98	−2,65
Gross Profit Margin	60,19 %	59,15 %	−2 650 %	10 %