HW SERVICE AS

3734 SKIEN

Finances

Share Ownership

Return on Equity

−207,41 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 280 000	1 751 000	2 383 000	1 861 000
Net Income	−168 000	7 000	144 000	9 000
Total Assets	1 187 000	1 105 000	878 000	245 000
Total Equity	81 000	249 000	241 000	97 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 280 000	1 751 000	2 383 000	1 861 000
Expenditure	1 415 000	1 740 000	2 196 000	1 849 000
Operating Profit	−135 000	11 000	187 000	13 000
Financial Income	0	0	0	0
Financial Costs	33 000	0	1 000	0
Financial Balance	−33 000	0	−1 000	0
Earnings Before Tax	−168 000	10 000	186 000	12 000
Tax	0	3 000	42 000	3 000
Net Income	−168 000	7 000	144 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	13 000	22 000	34 000
Total Current Assets	1 161 000	1 092 000	856 000	211 000
Total Assets	1 187 000	1 105 000	878 000	245 000
Total Retained Equity	51 000	219 000	211 000	67 000
Total Equity	81 000	249 000	241 000	97 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 106 000	856 000	636 000	148 000
Total Equity and Debt	1 187 000	1 105 000	878 000	245 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 261 000	1 725 000	2 383 000	1 859 000
Other Income	19 000	26 000	0	2 000
Revenue	1 280 000	1 751 000	2 383 000	1 861 000
Cost of Goods Sold	1 272 000	1 599 000	2 047 000	1 680 000
Salary Costs	0	2 000	0	29 000
Depreciation	5 000	9 000	12 000	9 000
Impairment	0	0	0	0
Expenditure	1 415 000	1 740 000	2 196 000	1 849 000
Operating Profit	−135 000	11 000	187 000	13 000
Financial Income	0	0	0	0
Financial Costs	33 000	0	1 000	0
Financial Balance	−33 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	−168 000	7 000	144 000	9 000

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	26 000	10 000	14 000	18 000
Fixtures	0	3 000	8 000	16 000
Total Tangible Assets	26 000	13 000	22 000	34 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 000	13 000	22 000	34 000
Stock	1 070 000	698 000	786 000	62 000
Total Investments	0	0	0	0
Cash, Bank	24 000	203 000	56 000	11 000
Total Current Assets	1 161 000	1 092 000	856 000	211 000
Total Assets	1 187 000	1 105 000	878 000	245 000
Total Equity	81 000	249 000	241 000	97 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	313 000	21 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 097 000	541 000	573 000	145 000
Total Current Debt	1 106 000	856 000	636 000	148 000
Total Equity and Debt	1 187 000	1 105 000	878 000	245 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−207,41 %	2,81 %	59,75 %	9,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,55 %	0,63 %	7,85 %	0,7 %
Current Ratio	1,05	1,28	1,35	1,43
Quick Ratio	32,25	6,91	−5,71	2,45
Equity Ratio	0,07	0,23	0,27	0,4
Gross Profit Margin	0,63 %	8,68 %	14,1 %	9,73 %