EXPLORE HITRA AS

7246 SANDSTAD

Finances

Share Ownership

Return on Equity

−58,89 %

Current Ratio

1,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	816 000	699 000	1 014 000	658 000
Net Income	−106 000	5 000	−144 000	−34 000
Total Assets	300 000	468 000	440 000	118 000
Total Equity	180 000	286 000	281 000	54 000

Income (NOK)	2022	2021	2020	2019
Revenue	816 000	699 000	1 014 000	658 000
Expenditure	952 000	689 000	1 192 000	696 000
Operating Profit	−136 000	10 000	−179 000	−38 000
Financial Income	1 000	0	0	0
Financial Costs	0	3 000	6 000	3 000
Financial Balance	1 000	−3 000	−6 000	−3 000
Earnings Before Tax	−136 000	7 000	−184 000	−41 000
Tax	−30 000	2 000	−40 000	−7 000
Net Income	−106 000	5 000	−144 000	−34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	69 000	40 000	42 000	7 000
Total Current Assets	230 000	428 000	398 000	111 000
Total Assets	300 000	468 000	440 000	118 000
Total Retained Equity	−220 000	−114 000	−119 000	24 000
Total Equity	180 000	286 000	281 000	54 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	120 000	182 000	159 000	63 000
Total Equity and Debt	300 000	468 000	440 000	118 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	816 000	449 000	1 014 000	358 000
Other Income	0	250 000	0	300 000
Revenue	816 000	699 000	1 014 000	658 000
Cost of Goods Sold	419 000	218 000	431 000	100 000
Salary Costs	439 000	333 000	464 000	454 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	952 000	689 000	1 192 000	696 000
Operating Profit	−136 000	10 000	−179 000	−38 000
Financial Income	1 000	0	0	0
Financial Costs	0	3 000	6 000	3 000
Financial Balance	1 000	−3 000	−6 000	−3 000
Dividends	0	0	0	0
Net Income	−106 000	5 000	−144 000	−34 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	69 000	40 000	42 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	69 000	40 000	42 000	7 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	119 000	240 000	248 000	−31 000
Total Current Assets	230 000	428 000	398 000	111 000
Total Assets	300 000	468 000	440 000	118 000
Total Equity	180 000	286 000	281 000	54 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	42 000	83 000	66 000	−4 000
Unpaid Taxes	26 000	67 000	49 000	12 000
Dividends	0	0	0	0
Other Current Debt	52 000	32 000	45 000	54 000
Total Current Debt	120 000	182 000	159 000	63 000
Total Equity and Debt	300 000	468 000	440 000	118 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−58,89 %	1,75 %	−51,25 %	−62,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−16,67 %	1,43 %	−17,65 %	−5,78 %
Current Ratio	1,92	2,35	2,5	1,76
Quick Ratio	1,92	2,35	2,5	1,76
Equity Ratio	0,6	0,61	0,64	0,46
Gross Profit Margin	48,65 %	68,81 %	57,5 %	84,8 %