HIGH TECH PANELS NORWAY AS

3550 GOL

Finances

Share Ownership

Return on Equity

−40,16 %

Current Ratio

6,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 143 000	2 462 000	3 355 000	3 382 000
Net Income	−98 000	77 000	383 000	290 000
Total Assets	284 000	994 000	542 000	1 710 000
Total Equity	244 000	250 000	173 000	44 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 143 000	2 462 000	3 355 000	3 382 000
Expenditure	2 239 000	2 336 000	2 881 000	3 000 000
Operating Profit	−97 000	127 000	473 000	382 000
Financial Income	12 000	9 000	62 000	3 000
Financial Costs	41 000	36 000	40 000	13 000
Financial Balance	−29 000	−27 000	22 000	−10 000
Earnings Before Tax	−126 000	99 000	495 000	372 000
Tax	−28 000	22 000	112 000	82 000
Net Income	−98 000	77 000	383 000	290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	23 000	36 000	0
Total Current Assets	264 000	971 000	506 000	1 710 000
Total Assets	284 000	994 000	542 000	1 710 000
Total Retained Equity	214 000	220 000	143 000	14 000
Total Equity	244 000	250 000	173 000	44 000
Total Long-Term Debt	0	1 000	2 000	0
Total Current Debt	40 000	743 000	368 000	1 666 000
Total Equity and Debt	284 000	994 000	542 000	1 710 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 143 000	2 462 000	3 355 000	3 382 000
Other Income	0	0	0	0
Revenue	2 143 000	2 462 000	3 355 000	3 382 000
Cost of Goods Sold	1 931 000	2 032 000	2 736 000	2 895 000
Salary Costs	207 000	189 000	0	0
Depreciation	17 000	13 000	2 000	0
Impairment	0	0	0	0
Expenditure	2 239 000	2 336 000	2 881 000	3 000 000
Operating Profit	−97 000	127 000	473 000	382 000
Financial Income	12 000	9 000	62 000	3 000
Financial Costs	41 000	36 000	40 000	13 000
Financial Balance	−29 000	−27 000	22 000	−10 000
Dividends	0	0	0	250 000
Net Income	−98 000	77 000	383 000	290 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	23 000	36 000	0
Total Tangible Assets	19 000	23 000	36 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	23 000	36 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	37 000	462 000	198 000	1 579 000
Total Current Assets	264 000	971 000	506 000	1 710 000
Total Assets	284 000	994 000	542 000	1 710 000
Total Equity	244 000	250 000	173 000	44 000
Short-Term Group Debt	0	635 000	0	0
Total Long-Term Debt	0	1 000	2 000	0
Creditors	5 000	4 000	4 000	623 000
Unpaid Taxes	18 000	66 000	0	278 000
Dividends	0	0	0	250 000
Other Current Debt	17 000	15 000	325 000	442 000
Total Current Debt	40 000	743 000	368 000	1 666 000
Total Equity and Debt	284 000	994 000	542 000	1 710 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,16 %	30,8 %	221,39 %	659,09 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	−4,53 %	5,16 %	14,1 %	11,3 %
Current Ratio	6,6	1,31	1,38	1,03
Quick Ratio	6,6	1,31	1,38	1,03
Equity Ratio	0,86	0,25	0,32	0,03
Gross Profit Margin	9,89 %	17,47 %	18,45 %	14,4 %