HYDROLIFT SMART CITY FERRIES AS

1634 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

1 065,12 %

Current Ratio

0,25

Debt-to-Equity Ratio

−8,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	78 000	172 000	0	0
Net Income	−12 153 000	−5 925 000	−3 076 000	−8 000
Total Assets	59 093 000	24 098 000	2 505 000	14 000
Total Equity	−1 141 000	11 012 000	−3 063 000	13 000

Income (NOK)	2022	2021	2020	2019
Revenue	78 000	172 000	0	0
Expenditure	10 547 000	5 166 000	4 008 000	8 000
Operating Profit	−10 469 000	−4 994 000	−4 009 000	−8 000
Financial Income	9 000	3 000	0	0
Financial Costs	1 693 000	1 000	0	0
Financial Balance	−1 684 000	2 000	0	0
Earnings Before Tax	−12 153 000	−4 992 000	−4 009 000	−8 000
Tax	0	933 000	−933 000	0
Net Income	−12 153 000	−5 925 000	−3 076 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	46 779 000	7 979 000	1 531 000	14 000
Total Current Assets	12 315 000	16 119 000	974 000	0
Total Assets	59 093 000	24 098 000	2 505 000	14 000
Total Retained Equity	−21 171 000	−9 018 000	−3 093 000	−17 000
Total Equity	−1 141 000	11 012 000	−3 063 000	13 000
Total Long-Term Debt	10 000 000	10 000 000	0	0
Total Current Debt	50 234 000	3 086 000	5 568 000	1 000
Total Equity and Debt	59 093 000	24 098 000	2 505 000	14 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	78 000	172 000	0	0
Other Income	0	0	0	0
Revenue	78 000	172 000	0	0
Cost of Goods Sold	6 000	1 000	0	0
Salary Costs	1 514 000	1 549 000	1 510 000	0
Depreciation	234 000	989 000	66 000	0
Impairment	0	0	0	0
Expenditure	10 547 000	5 166 000	4 008 000	8 000
Operating Profit	−10 469 000	−4 994 000	−4 009 000	−8 000
Financial Income	9 000	3 000	0	0
Financial Costs	1 693 000	1 000	0	0
Financial Balance	−1 684 000	2 000	0	0
Dividends	0	0	0	0
Net Income	−12 153 000	−5 925 000	−3 076 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 084 000	7 833 000	1 517 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	22 000	0	0	0
Fixtures	15 648 000	132 000	0	0
Total Tangible Assets	22 695 000	132 000	0	0
Total Fiancial Fixed Assets	0	14 000	14 000	14 000
Total Fixed Assets	46 779 000	7 979 000	1 531 000	14 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	434 000	12 843 000	748 000	0
Total Current Assets	12 315 000	16 119 000	974 000	0
Total Assets	59 093 000	24 098 000	2 505 000	14 000
Total Equity	−1 141 000	11 012 000	−3 063 000	13 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000 000	10 000 000	0	0
Creditors	43 742 000	2 639 000	1 704 000	0
Unpaid Taxes	444 000	176 000	204 000	0
Dividends	0	0	0	0
Other Current Debt	6 049 000	271 000	3 660 000	1 000
Total Current Debt	50 234 000	3 086 000	5 568 000	1 000
Total Equity and Debt	59 093 000	24 098 000	2 505 000	14 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 065,12 %	−53,8 %	100,42 %	−61,54 %
Debt-to-Equity Ratio	−8,76	0,91	−0	0
Operating Profit Margin	−13 421,79 %	−2 903,49 %	-	-
Current Ratio	0,25	5,22	0,17	0
Quick Ratio	0,25	5,22	0,17	0
Equity Ratio	−0,02	0,46	−1,22	0,93
Gross Profit Margin	92,31 %	99,42 %	-	-