HI FLO AS

1461 LØRENSKOG

Finances

Return on Equity

−12,1 %

Current Ratio

N/A

Debt-to-Equity Ratio

−1,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	932 000	0
Net Income	34 000	−374 000	259 000	4 000
Total Assets	16 000	17 000	539 000	175 000
Total Equity	−281 000	−315 000	59 000	−200 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	932 000	0
Expenditure	−36 000	294 000	653 000	−5 000
Operating Profit	35 000	−294 000	279 000	5 000
Financial Income	0	0	61 000	0
Financial Costs	1 000	−2 000	8 000	1 000
Financial Balance	−1 000	2 000	53 000	−1 000
Earnings Before Tax	34 000	−292 000	332 000	5 000
Tax	0	82 000	73 000	1 000
Net Income	34 000	−374 000	259 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	10 000	92 000	165 000
Total Current Assets	6 000	7 000	447 000	10 000
Total Assets	16 000	17 000	539 000	175 000
Total Retained Equity	−311 000	−345 000	29 000	−230 000
Total Equity	−281 000	−315 000	59 000	−200 000
Total Long-Term Debt	297 000	297 000	297 000	321 000
Total Current Debt	0	36 000	183 000	54 000
Total Equity and Debt	16 000	17 000	539 000	175 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	932 000	0
Other Income	0	0	0	0
Revenue	0	0	932 000	0
Cost of Goods Sold	0	280 000	319 000	1 000
Salary Costs	−36 000	0	248 000	−23 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−36 000	294 000	653 000	−5 000
Operating Profit	35 000	−294 000	279 000	5 000
Financial Income	0	0	61 000	0
Financial Costs	1 000	−2 000	8 000	1 000
Financial Balance	−1 000	2 000	53 000	−1 000
Dividends	0	0	0	0
Net Income	34 000	−374 000	259 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	82 000	155 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	10 000	10 000	92 000	165 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	7 000	25 000	6 000
Total Current Assets	6 000	7 000	447 000	10 000
Total Assets	16 000	17 000	539 000	175 000
Total Equity	−281 000	−315 000	59 000	−200 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	297 000	297 000	297 000	321 000
Creditors	0	0	84 000	0
Unpaid Taxes	0	7 000	71 000	3 000
Dividends	0	0	0	0
Other Current Debt	0	28 000	28 000	51 000
Total Current Debt	0	36 000	183 000	54 000
Total Equity and Debt	16 000	17 000	539 000	175 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,1 %	118,73 %	438,98 %	−2 %
Debt-to-Equity Ratio	−1,06	−0,94	5,03	−1,61
Operating Profit Margin	-	-	29,94 %	-
Current Ratio	-	0,19	2,44	0,19
Quick Ratio	-	0,19	2,44	0,19
Equity Ratio	−17,56	−18,53	0,11	−1,14
Gross Profit Margin	-	-	65,77 %	-