HSH UTVIKLING AS

4612 KRISTIANSAND S

Finances

Return on Equity

90,36 %

Current Ratio

0,67

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 587 000	8 668 000	11 420 000	14 619 000
Net Income	25 305 000	12 680 000	7 194 000	14 729 000
Total Assets	111 927 000	83 775 000	86 404 000	116 056 000
Total Equity	28 006 000	20 953 000	51 573 000	45 762 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 587 000	8 668 000	11 420 000	14 619 000
Expenditure	10 415 000	12 356 000	11 872 000	7 916 000
Operating Profit	−3 827 000	−3 387 000	−451 000	6 704 000
Financial Income	38 924 000	15 310 000	13 844 000	15 898 000
Financial Costs	3 322 000	−3 323 000	5 363 000	3 523 000
Financial Balance	35 602 000	18 633 000	8 481 000	12 375 000
Earnings Before Tax	31 774 000	15 246 000	8 030 000	19 080 000
Tax	6 469 000	2 566 000	835 000	4 351 000
Net Income	25 305 000	12 680 000	7 194 000	14 729 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 024 000	53 133 000	36 030 000	70 101 000
Total Current Assets	55 903 000	30 642 000	50 374 000	45 954 000
Total Assets	111 927 000	83 775 000	86 404 000	116 056 000
Total Retained Equity	19 383 000	12 330 000	42 950 000	41 355 000
Total Equity	28 006 000	20 953 000	51 573 000	45 762 000
Total Long-Term Debt	287 000	321 000	5 211 000	34 650 000
Total Current Debt	83 634 000	62 502 000	29 621 000	35 644 000
Total Equity and Debt	111 927 000	83 775 000	86 404 000	116 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 413 000	8 668 000	11 391 000	10 295 000
Other Income	174 000	0	29 000	4 324 000
Revenue	6 587 000	8 668 000	11 420 000	14 619 000
Cost of Goods Sold	348 000	532 000	1 679 000	−921 000
Salary Costs	7 031 000	9 210 000	7 988 000	6 875 000
Depreciation	587 000	624 000	294 000	324 000
Impairment	0	0	0	0
Expenditure	10 415 000	12 356 000	11 872 000	7 916 000
Operating Profit	−3 827 000	−3 387 000	−451 000	6 704 000
Financial Income	38 924 000	15 310 000	13 844 000	15 898 000
Financial Costs	3 322 000	−3 323 000	5 363 000	3 523 000
Financial Balance	35 602 000	18 633 000	8 481 000	12 375 000
Dividends	0	43 300 000	0	0
Net Income	25 305 000	12 680 000	7 194 000	14 729 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	332 000	690 000	51 000	54 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 339 000	1 023 000	1 130 000	1 047 000
Total Tangible Assets	1 339 000	1 023 000	1 130 000	1 047 000
Total Fiancial Fixed Assets	54 353 000	51 420 000	34 849 000	69 001 000
Total Fixed Assets	56 024 000	53 133 000	36 030 000	70 101 000
Stock	3 590 000	3 590 000	3 590 000	7 320 000
Total Investments	0	0	0	0
Cash, Bank	0	703 000	10 000	17 000
Total Current Assets	55 903 000	30 642 000	50 374 000	45 954 000
Total Assets	111 927 000	83 775 000	86 404 000	116 056 000
Total Equity	28 006 000	20 953 000	51 573 000	45 762 000
Short-Term Group Debt	80 572 000	14 652 000	26 744 000	30 038 000
Total Long-Term Debt	287 000	321 000	5 211 000	34 650 000
Creditors	267 000	255 000	131 000	164 000
Unpaid Taxes	677 000	1 118 000	1 366 000	886 000
Dividends	0	43 300 000	0	0
Other Current Debt	1 634 000	1 248 000	1 380 000	1 730 000
Total Current Debt	83 634 000	62 502 000	29 621 000	35 644 000
Total Equity and Debt	111 927 000	83 775 000	86 404 000	116 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,36 %	60,52 %	13,95 %	32,19 %
Debt-to-Equity Ratio	0,01	0,02	0,1	0,76
Operating Profit Margin	−58,1 %	−39,07 %	−3,95 %	45,86 %
Current Ratio	0,67	0,49	1,7	1,29
Quick Ratio	0,7	0,52	1,94	1,62
Equity Ratio	0,25	0,25	0,6	0,39
Gross Profit Margin	94,72 %	93,86 %	85,3 %	106,3 %