HITRA AUTO BILVERKSTED AS

7246 SANDSTAD

Finances

Share Ownership

Return on Equity

64,29 %

Current Ratio

0,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 045 000	70 000	6 000	0
Net Income	9 000	−4 000	−9 000	−2 000
Total Assets	408 000	30 000	12 000	6 000
Total Equity	14 000	−12 000	−9 000	1 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 045 000	70 000	6 000	0
Expenditure	1 037 000	66 000	18 000	2 000
Operating Profit	8 000	4 000	−12 000	−2 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	9 000	4 000	−12 000	−2 000
Tax	0	8 000	−3 000	−1 000
Net Income	9 000	−4 000	−9 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 000	0	8 000	5 000
Total Current Assets	364 000	30 000	4 000	1 000
Total Assets	408 000	30 000	12 000	6 000
Total Retained Equity	−16 000	−42 000	−39 000	−29 000
Total Equity	14 000	−12 000	−9 000	1 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	394 000	42 000	20 000	5 000
Total Equity and Debt	408 000	30 000	12 000	6 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 045 000	70 000	6 000	0
Other Income	0	0	0	0
Revenue	1 045 000	70 000	6 000	0
Cost of Goods Sold	819 000	56 000	3 000	2 000
Salary Costs	47 000	0	0	0
Depreciation	11 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 037 000	66 000	18 000	2 000
Operating Profit	8 000	4 000	−12 000	−2 000
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	9 000	−4 000	−9 000	−2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	8 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	44 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	44 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	44 000	0	8 000	5 000
Stock	204 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	123 000	9 000	4 000	1 000
Total Current Assets	364 000	30 000	4 000	1 000
Total Assets	408 000	30 000	12 000	6 000
Total Equity	14 000	−12 000	−9 000	1 000
Short-Term Group Debt	101 000	1 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	214 000	20 000	0	0
Unpaid Taxes	6 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	73 000	20 000	20 000	5 000
Total Current Debt	394 000	42 000	20 000	5 000
Total Equity and Debt	408 000	30 000	12 000	6 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,29 %	33,33 %	100 %	−200 %
Debt-to-Equity Ratio	0	−0	−0	0
Operating Profit Margin	0,77 %	5,71 %	−200 %	-
Current Ratio	0,92	0,71	0,2	0,2
Quick Ratio	1,92	0,71	0,2	0,2
Equity Ratio	0,03	−0,4	−0,75	0,17
Gross Profit Margin	21,63 %	20 %	50 %	-