HVA AS

5600 NORHEIMSUND

Finances

Return on Equity

18,49 %

Current Ratio

1,1

Debt-to-Equity Ratio

2,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 327 000	1 952 000	1 187 000	1 857 000
Net Income	44 000	68 000	369 000	−319 000
Total Assets	1 156 000	553 000	494 000	66 000
Total Equity	238 000	194 000	251 000	−118 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 327 000	1 952 000	1 187 000	1 857 000
Expenditure	2 266 000	1 872 000	798 000	2 171 000
Operating Profit	62 000	81 000	388 000	−315 000
Financial Income	1 000	0	0	0
Financial Costs	7 000	0	0	5 000
Financial Balance	−6 000	0	0	−5 000
Earnings Before Tax	55 000	81 000	388 000	−319 000
Tax	12 000	13 000	19 000	0
Net Income	44 000	68 000	369 000	−319 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	735 000	156 000	0	0
Total Current Assets	420 000	397 000	494 000	66 000
Total Assets	1 156 000	553 000	494 000	66 000
Total Retained Equity	138 000	94 000	51 000	−318 000
Total Equity	238 000	194 000	251 000	−118 000
Total Long-Term Debt	536 000	0	0	0
Total Current Debt	382 000	359 000	242 000	184 000
Total Equity and Debt	1 156 000	553 000	494 000	66 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 327 000	1 787 000	1 187 000	1 857 000
Other Income	0	164 000	0	0
Revenue	2 327 000	1 952 000	1 187 000	1 857 000
Cost of Goods Sold	60 000	141 000	0	270 000
Salary Costs	1 252 000	996 000	465 000	657 000
Depreciation	44 000	11 000	0	0
Impairment	0	0	0	0
Expenditure	2 266 000	1 872 000	798 000	2 171 000
Operating Profit	62 000	81 000	388 000	−315 000
Financial Income	1 000	0	0	0
Financial Costs	7 000	0	0	5 000
Financial Balance	−6 000	0	0	−5 000
Dividends	0	0	0	0
Net Income	44 000	68 000	369 000	−319 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	587 000	0	0	0
Fixtures	82 000	105 000	0	0
Total Tangible Assets	669 000	105 000	0	0
Total Fiancial Fixed Assets	67 000	52 000	0	0
Total Fixed Assets	735 000	156 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	72 000	261 000	363 000	19 000
Total Current Assets	420 000	397 000	494 000	66 000
Total Assets	1 156 000	553 000	494 000	66 000
Total Equity	238 000	194 000	251 000	−118 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	536 000	0	0	0
Creditors	155 000	77 000	21 000	12 000
Unpaid Taxes	117 000	123 000	73 000	29 000
Dividends	0	0	0	0
Other Current Debt	109 000	147 000	129 000	143 000
Total Current Debt	382 000	359 000	242 000	184 000
Total Equity and Debt	1 156 000	553 000	494 000	66 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,49 %	35,05 %	147,01 %	270,34 %
Debt-to-Equity Ratio	2,25	0	0	−0
Operating Profit Margin	2,66 %	4,15 %	32,69 %	−16,96 %
Current Ratio	1,1	1,11	2,04	0,36
Quick Ratio	1,1	1,11	2,04	0,36
Equity Ratio	0,21	0,35	0,51	−1,79
Gross Profit Margin	97,42 %	92,78 %	100 %	85,46 %