HIGHPERFORMANCE BOATS AS

3140 NØTTERØY

Finances

Return on Equity

−29,31 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	2 078 000	4 476 000	2 988 000	1 921 000
Net Income	−136 000	35 000	16 000	64 000
Total Assets	2 307 000	2 375 000	2 501 000	2 563 000
Total Equity	464 000	600 000	565 000	549 000

Income (NOK)	2021	2020	2019	2018
Revenue	2 078 000	4 476 000	2 988 000	1 921 000
Expenditure	2 232 000	4 406 000	2 950 000	1 822 000
Operating Profit	−154 000	71 000	38 000	99 000
Financial Income	0	0	0	0
Financial Costs	6 000	25 000	17 000	13 000
Financial Balance	−6 000	−25 000	−17 000	−13 000
Earnings Before Tax	−160 000	46 000	21 000	86 000
Tax	−24 000	11 000	5 000	22 000
Net Income	−136 000	35 000	16 000	64 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	339 000	384 000	487 000	564 000
Total Current Assets	1 968 000	1 991 000	2 014 000	1 998 000
Total Assets	2 307 000	2 375 000	2 501 000	2 563 000
Total Retained Equity	−30 000	105 000	70 000	54 000
Total Equity	464 000	600 000	565 000	549 000
Total Long-Term Debt	0	0	3 000	0
Total Current Debt	1 842 000	1 775 000	1 934 000	2 014 000
Total Equity and Debt	2 307 000	2 375 000	2 501 000	2 563 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	2 078 000	4 374 000	2 933 000	1 921 000
Other Income	0	102 000	55 000	0
Revenue	2 078 000	4 476 000	2 988 000	1 921 000
Cost of Goods Sold	666 000	2 157 000	1 089 000	473 000
Salary Costs	967 000	665 000	624 000	479 000
Depreciation	55 000	103 000	102 000	113 000
Impairment	0	0	0	0
Expenditure	2 232 000	4 406 000	2 950 000	1 822 000
Operating Profit	−154 000	71 000	38 000	99 000
Financial Income	0	0	0	0
Financial Costs	6 000	25 000	17 000	13 000
Financial Balance	−6 000	−25 000	−17 000	−13 000
Dividends	0	0	0	0
Net Income	−136 000	35 000	16 000	64 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	10 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	319 000	374 000	477 000	554 000
Total Tangible Assets	319 000	374 000	477 000	554 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	339 000	384 000	487 000	564 000
Stock	1 506 000	1 301 000	1 331 000	1 046 000
Total Investments	0	0	0	0
Cash, Bank	1 000	42 000	19 000	297 000
Total Current Assets	1 968 000	1 991 000	2 014 000	1 998 000
Total Assets	2 307 000	2 375 000	2 501 000	2 563 000
Total Equity	464 000	600 000	565 000	549 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	3 000	0
Creditors	297 000	310 000	226 000	276 000
Unpaid Taxes	555 000	437 000	547 000	278 000
Dividends	0	0	0	0
Other Current Debt	990 000	1 014 000	1 135 000	1 436 000
Total Current Debt	1 842 000	1 775 000	1 934 000	2 014 000
Total Equity and Debt	2 307 000	2 375 000	2 501 000	2 563 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−29,31 %	5,83 %	2,83 %	11,66 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	−7,41 %	1,59 %	1,27 %	5,15 %
Current Ratio	1,07	1,12	1,04	0,99
Quick Ratio	5,86	4,2	3,34	2,06
Equity Ratio	0,2	0,25	0,23	0,21
Gross Profit Margin	67,95 %	51,81 %	63,55 %	75,38 %