H2 VIKING AS

6014 ÅLESUND

Finances

Share Ownership

Return on Equity

11,2 %

Current Ratio

1,52

Debt-to-Equity Ratio

−1,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 000	24 000	210 000	328 000
Net Income	−54 000	−27 000	16 000	−148 000
Total Assets	103 000	91 000	158 000	284 000
Total Equity	−482 000	−428 000	−402 000	−417 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 000	24 000	210 000	328 000
Expenditure	97 000	58 000	182 000	499 000
Operating Profit	−69 000	−34 000	28 000	−170 000
Financial Income	0	0	0	0
Financial Costs	0	0	8 000	25 000
Financial Balance	0	0	−8 000	−25 000
Earnings Before Tax	−69 000	−34 000	20 000	−196 000
Tax	−15 000	−7 000	4 000	−47 000
Net Income	−54 000	−27 000	16 000	−148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 000	84 000	95 000	255 000
Total Current Assets	38 000	7 000	63 000	29 000
Total Assets	103 000	91 000	158 000	284 000
Total Retained Equity	−512 000	−458 000	−432 000	−447 000
Total Equity	−482 000	−428 000	−402 000	−417 000
Total Long-Term Debt	561 000	511 000	520 000	667 000
Total Current Debt	25 000	9 000	39 000	34 000
Total Equity and Debt	103 000	91 000	158 000	284 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 000	24 000	210 000	328 000
Other Income	0	0	0	0
Revenue	28 000	24 000	210 000	328 000
Cost of Goods Sold	0	1 000	0	0
Salary Costs	1 000	7 000	10 000	150 000
Depreciation	18 000	18 000	18 000	96 000
Impairment	0	0	0	0
Expenditure	97 000	58 000	182 000	499 000
Operating Profit	−69 000	−34 000	28 000	−170 000
Financial Income	0	0	0	0
Financial Costs	0	0	8 000	25 000
Financial Balance	0	0	−8 000	−25 000
Dividends	0	0	0	0
Net Income	−54 000	−27 000	16 000	−148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	65 000	50 000	43 000	47 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	34 000	52 000	208 000
Total Tangible Assets	0	34 000	52 000	208 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	65 000	84 000	95 000	255 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 000	7 000	12 000	29 000
Total Current Assets	38 000	7 000	63 000	29 000
Total Assets	103 000	91 000	158 000	284 000
Total Equity	−482 000	−428 000	−402 000	−417 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	561 000	511 000	520 000	667 000
Creditors	19 000	0	18 000	5 000
Unpaid Taxes	1 000	4 000	16 000	22 000
Dividends	0	0	0	0
Other Current Debt	5 000	5 000	5 000	6 000
Total Current Debt	25 000	9 000	39 000	34 000
Total Equity and Debt	103 000	91 000	158 000	284 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,2 %	6,31 %	−3,98 %	35,49 %
Debt-to-Equity Ratio	−1,16	−1,19	−1,29	−1,6
Operating Profit Margin	−246,43 %	−141,67 %	13,33 %	−51,83 %
Current Ratio	1,52	0,78	1,62	0,85
Quick Ratio	1,52	0,78	1,62	0,85
Equity Ratio	−4,68	−4,7	−2,54	−1,47
Gross Profit Margin	100 %	95,83 %	100 %	100 %