CERTIFICAT AS

3516 HØNEFOSS

Finances

Share Ownership

Return on Equity

−28,19 %

Current Ratio

3,65

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	79 000	270 000	849 000	689 000
Net Income	−53 000	−9 000	103 000	71 000
Total Assets	236 000	305 000	314 000	685 000
Total Equity	188 000	241 000	250 000	147 000

Income (NOK)	2022	2021	2020	2019
Revenue	79 000	270 000	849 000	689 000
Expenditure	121 000	280 000	624 000	604 000
Operating Profit	−42 000	−10 000	225 000	85 000
Financial Income	0	0	−72 000	0
Financial Costs	26 000	2 000	5 000	15 000
Financial Balance	−26 000	−2 000	−77 000	−15 000
Earnings Before Tax	−68 000	−12 000	148 000	71 000
Tax	−15 000	−3 000	46 000	0
Net Income	−53 000	−9 000	103 000	71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	68 000	0	0	209 000
Total Current Assets	168 000	305 000	314 000	476 000
Total Assets	236 000	305 000	314 000	685 000
Total Retained Equity	37 000	90 000	99 000	−4 000
Total Equity	188 000	241 000	250 000	147 000
Total Long-Term Debt	2 000	17 000	26 000	107 000
Total Current Debt	46 000	47 000	38 000	430 000
Total Equity and Debt	236 000	305 000	314 000	685 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	79 000	270 000	638 000	689 000
Other Income	0	0	211 000	0
Revenue	79 000	270 000	849 000	689 000
Cost of Goods Sold	15 000	69 000	67 000	23 000
Salary Costs	0	1 000	17 000	13 000
Depreciation	6 000	0	90 000	94 000
Impairment	0	0	0	0
Expenditure	121 000	280 000	624 000	604 000
Operating Profit	−42 000	−10 000	225 000	85 000
Financial Income	0	0	−72 000	0
Financial Costs	26 000	2 000	5 000	15 000
Financial Balance	−26 000	−2 000	−77 000	−15 000
Dividends	0	0	0	0
Net Income	−53 000	−9 000	103 000	71 000

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	68 000	0	0	0
Fixtures	0	0	0	209 000
Total Tangible Assets	68 000	0	0	209 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	68 000	0	0	209 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	71 000	114 000	93 000	108 000
Total Current Assets	168 000	305 000	314 000	476 000
Total Assets	236 000	305 000	314 000	685 000
Total Equity	188 000	241 000	250 000	147 000
Short-Term Group Debt	46 000	0	0	331 000
Total Long-Term Debt	2 000	17 000	26 000	107 000
Creditors	0	0	0	54 000
Unpaid Taxes	0	16 000	14 000	8 000
Dividends	0	0	0	0
Other Current Debt	0	28 000	1 000	37 000
Total Current Debt	46 000	47 000	38 000	430 000
Total Equity and Debt	236 000	305 000	314 000	685 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−28,19 %	−3,73 %	41,2 %	48,3 %
Debt-to-Equity Ratio	0,01	0,07	0,1	0,73
Operating Profit Margin	−53,16 %	−3,7 %	26,5 %	12,34 %
Current Ratio	3,65	6,49	8,26	1,11
Quick Ratio	3,65	6,49	8,26	1,11
Equity Ratio	0,8	0,79	0,8	0,21
Gross Profit Margin	81,01 %	74,44 %	92,11 %	96,66 %