H2 TRADING AS

7047 TRONDHEIM

Finances

Share Ownership

Return on Equity

11,11 %

Current Ratio

1,09

Debt-to-Equity Ratio

2,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 207 000	1 126 000	990 000	1 340 000
Net Income	12 000	18 000	53 000	119 000
Total Assets	611 000	778 000	804 000	738 000
Total Equity	108 000	395 000	378 000	325 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 207 000	1 126 000	990 000	1 340 000
Expenditure	1 168 000	1 093 000	909 000	1 185 000
Operating Profit	40 000	33 000	81 000	155 000
Financial Income	0	0	0	0
Financial Costs	24 000	10 000	13 000	22 000
Financial Balance	−24 000	−10 000	−13 000	−22 000
Earnings Before Tax	15 000	22 000	68 000	133 000
Tax	3 000	5 000	15 000	13 000
Net Income	12 000	18 000	53 000	119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	359 000	296 000	343 000	391 000
Total Current Assets	252 000	482 000	462 000	348 000
Total Assets	611 000	778 000	804 000	738 000
Total Retained Equity	78 000	365 000	348 000	295 000
Total Equity	108 000	395 000	378 000	325 000
Total Long-Term Debt	272 000	196 000	244 000	279 000
Total Current Debt	231 000	186 000	182 000	134 000
Total Equity and Debt	611 000	778 000	804 000	738 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	306 000	376 000	340 000	371 000
Other Income	901 000	750 000	650 000	969 000
Revenue	1 207 000	1 126 000	990 000	1 340 000
Cost of Goods Sold	0	0	3 000	109 000
Salary Costs	603 000	588 000	424 000	557 000
Depreciation	50 000	46 000	48 000	62 000
Impairment	0	0	0	0
Expenditure	1 168 000	1 093 000	909 000	1 185 000
Operating Profit	40 000	33 000	81 000	155 000
Financial Income	0	0	0	0
Financial Costs	24 000	10 000	13 000	22 000
Financial Balance	−24 000	−10 000	−13 000	−22 000
Dividends	0	0	0	0
Net Income	12 000	18 000	53 000	119 000

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	0	0	0	0
Fixtures	359 000	296 000	343 000	391 000
Total Tangible Assets	359 000	296 000	343 000	391 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	359 000	296 000	343 000	391 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	167 000	426 000	324 000	182 000
Total Current Assets	252 000	482 000	462 000	348 000
Total Assets	611 000	778 000	804 000	738 000
Total Equity	108 000	395 000	378 000	325 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	272 000	196 000	244 000	279 000
Creditors	57 000	15 000	64 000	10 000
Unpaid Taxes	61 000	104 000	71 000	63 000
Dividends	0	0	0	0
Other Current Debt	95 000	68 000	47 000	62 000
Total Current Debt	231 000	186 000	182 000	134 000
Total Equity and Debt	611 000	778 000	804 000	738 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,11 %	4,56 %	14,02 %	36,62 %
Debt-to-Equity Ratio	2,52	0,5	0,65	0,86
Operating Profit Margin	3,31 %	2,93 %	8,18 %	11,57 %
Current Ratio	1,09	2,59	2,54	2,6
Quick Ratio	1,09	2,59	2,54	2,6
Equity Ratio	0,18	0,51	0,47	0,44
Gross Profit Margin	100 %	100 %	99,7 %	91,87 %