HSSE SYSTEMS AS

4018 STAVANGER

Finances

Share Ownership

Return on Equity

23,74 %

Current Ratio

2,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 374 000	1 170 000	1 241 000	1 688 000
Net Income	80 000	3 000	162 000	358 000
Total Assets	645 000	560 000	791 000	1 002 000
Total Equity	337 000	336 000	332 000	330 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 374 000	1 170 000	1 241 000	1 688 000
Expenditure	1 272 000	1 167 000	1 033 000	1 230 000
Operating Profit	102 000	3 000	208 000	458 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	0	1 000	0	1 000
Earnings Before Tax	102 000	4 000	208 000	459 000
Tax	23 000	1 000	46 000	101 000
Net Income	80 000	3 000	162 000	358 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	3 000	0	0
Total Current Assets	642 000	557 000	791 000	1 002 000
Total Assets	645 000	560 000	791 000	1 002 000
Total Retained Equity	307 000	306 000	302 000	300 000
Total Equity	337 000	336 000	332 000	330 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	308 000	224 000	458 000	671 000
Total Equity and Debt	645 000	560 000	791 000	1 002 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 374 000	1 170 000	1 241 000	1 688 000
Other Income	0	0	0	0
Revenue	1 374 000	1 170 000	1 241 000	1 688 000
Cost of Goods Sold	0	0	0	0
Salary Costs	948 000	926 000	847 000	1 045 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 272 000	1 167 000	1 033 000	1 230 000
Operating Profit	102 000	3 000	208 000	458 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	0	0	1 000	0
Financial Balance	0	1 000	0	1 000
Dividends	79 000	0	160 000	300 000
Net Income	80 000	3 000	162 000	358 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 000	3 000	0	0
Total Fixed Assets	3 000	3 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	323 000	275 000	629 000	593 000
Total Current Assets	642 000	557 000	791 000	1 002 000
Total Assets	645 000	560 000	791 000	1 002 000
Total Equity	337 000	336 000	332 000	330 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	3 000	0	4 000
Unpaid Taxes	100 000	115 000	144 000	120 000
Dividends	79 000	0	160 000	300 000
Other Current Debt	107 000	105 000	108 000	147 000
Total Current Debt	308 000	224 000	458 000	671 000
Total Equity and Debt	645 000	560 000	791 000	1 002 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,74 %	0,89 %	48,8 %	108,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,42 %	0,26 %	16,76 %	27,13 %
Current Ratio	2,08	2,49	1,73	1,49
Quick Ratio	2,08	2,49	1,73	1,49
Equity Ratio	0,52	0,6	0,42	0,33
Gross Profit Margin	100 %	100 %	100 %	100 %