HILO AS

3921 PORSGRUNN

Finances

Share Ownership

Return on Equity

58,97 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 288 000	150 000	0	0
Net Income	69 000	−30 000	829 000	114 000
Total Assets	1 163 000	2 769 000	2 460 000	2 353 000
Total Equity	117 000	49 000	78 000	−813 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 288 000	150 000	0	0
Expenditure	4 130 000	101 000	−926 000	−202 000
Operating Profit	158 000	49 000	926 000	202 000
Financial Income	0	0	0	0
Financial Costs	80 000	86 000	89 000	88 000
Financial Balance	−80 000	−86 000	−89 000	−88 000
Earnings Before Tax	78 000	−37 000	836 000	114 000
Tax	9 000	−8 000	8 000	0
Net Income	69 000	−30 000	829 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	2 059 000	2 059 000	2 059 000
Total Current Assets	1 163 000	710 000	401 000	294 000
Total Assets	1 163 000	2 769 000	2 460 000	2 353 000
Total Retained Equity	34 000	−35 000	−5 000	−896 000
Total Equity	117 000	49 000	78 000	−813 000
Total Long-Term Debt	0	1 600 000	1 600 000	1 600 000
Total Current Debt	1 045 000	1 121 000	782 000	1 566 000
Total Equity and Debt	1 163 000	2 769 000	2 460 000	2 353 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 288 000	150 000	0	0
Other Income	0	0	0	0
Revenue	4 288 000	150 000	0	0
Cost of Goods Sold	2 903 000	0	−1 001 000	−203 000
Salary Costs	844 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 130 000	101 000	−926 000	−202 000
Operating Profit	158 000	49 000	926 000	202 000
Financial Income	0	0	0	0
Financial Costs	80 000	86 000	89 000	88 000
Financial Balance	−80 000	−86 000	−89 000	−88 000
Dividends	0	0	0	0
Net Income	69 000	−30 000	829 000	114 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	2 059 000	2 059 000	2 059 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	2 059 000	2 059 000	2 059 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	2 059 000	2 059 000	2 059 000
Stock	0	505 000	357 000	269 000
Total Investments	0	0	0	0
Cash, Bank	398 000	16 000	44 000	25 000
Total Current Assets	1 163 000	710 000	401 000	294 000
Total Assets	1 163 000	2 769 000	2 460 000	2 353 000
Total Equity	117 000	49 000	78 000	−813 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 600 000	1 600 000	1 600 000
Creditors	641 000	37 000	16 000	352 000
Unpaid Taxes	68 000	34 000	6 000	−1 000
Dividends	0	0	0	0
Other Current Debt	328 000	1 058 000	752 000	1 215 000
Total Current Debt	1 045 000	1 121 000	782 000	1 566 000
Total Equity and Debt	1 163 000	2 769 000	2 460 000	2 353 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,97 %	−61,22 %	1 062,82 %	−14,02 %
Debt-to-Equity Ratio	0	32,65	20,51	−1,97
Operating Profit Margin	3,68 %	32,67 %	-	-
Current Ratio	1,11	0,63	0,51	0,19
Quick Ratio	1,11	1,15	0,94	0,23
Equity Ratio	0,1	0,02	0,03	−0,35
Gross Profit Margin	32,3 %	100 %	-	-