HS BE AS

0760 OSLO

Finances

Share Ownership

Return on Equity

102,63 %

Current Ratio

0,62

Debt-to-Equity Ratio

−0,39

Key figures (NOK)	2020	2019	2018	2017
Revenue	52 576 000	44 359 000	36 356 000	4 386 000
Net Income	−3 354 000	757 000	150 000	13 000
Total Assets	9 013 000	4 684 000	3 892 000	2 418 000
Total Equity	−3 268 000	572 000	192 000	42 000

Income (NOK)	2020	2019	2018	2017
Revenue	52 576 000	44 359 000	36 356 000	4 386 000
Expenditure	56 025 000	43 431 000	36 063 000	4 360 000
Operating Profit	−3 448 000	928 000	292 000	25 000
Financial Income	3 000	7 000	1 000	0
Financial Costs	58 000	30 000	27 000	8 000
Financial Balance	−55 000	−23 000	−26 000	−8 000
Earnings Before Tax	−3 503 000	906 000	266 000	17 000
Tax	−149 000	149 000	117 000	4 000
Net Income	−3 354 000	757 000	150 000	13 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	2 173 000	1 238 000	1 171 000	881 000
Total Current Assets	6 840 000	3 446 000	2 721 000	1 537 000
Total Assets	9 013 000	4 684 000	3 892 000	2 418 000
Total Retained Equity	−3 298 000	542 000	162 000	12 000
Total Equity	−3 268 000	572 000	192 000	42 000
Total Long-Term Debt	1 290 000	260 000	480 000	576 000
Total Current Debt	10 991 000	3 852 000	3 220 000	1 800 000
Total Equity and Debt	9 013 000	4 684 000	3 892 000	2 418 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	52 519 000	44 359 000	36 356 000	4 386 000
Other Income	57 000	0	0	0
Revenue	52 576 000	44 359 000	36 356 000	4 386 000
Cost of Goods Sold	26 088 000	19 892 000	17 869 000	3 161 000
Salary Costs	22 770 000	15 876 000	11 640 000	0
Depreciation	545 000	285 000	317 000	46 000
Impairment	21 000	0	0	0
Expenditure	56 025 000	43 431 000	36 063 000	4 360 000
Operating Profit	−3 448 000	928 000	292 000	25 000
Financial Income	3 000	7 000	1 000	0
Financial Costs	58 000	30 000	27 000	8 000
Financial Balance	−55 000	−23 000	−26 000	−8 000
Dividends	486 000	377 000	0	0
Net Income	−3 354 000	757 000	150 000	13 000

Balance details (NOK)	2020	2019	2018	2017
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	881 000
Fixtures	1 810 000	904 000	1 171 000	0
Total Tangible Assets	1 810 000	904 000	1 171 000	881 000
Total Fiancial Fixed Assets	362 000	334 000	0	0
Total Fixed Assets	2 173 000	1 238 000	1 171 000	881 000
Stock	1 466 000	600 000	0	0
Total Investments	0	0	0	0
Cash, Bank	900 000	2 428 000	856 000	363 000
Total Current Assets	6 840 000	3 446 000	2 721 000	1 537 000
Total Assets	9 013 000	4 684 000	3 892 000	2 418 000
Total Equity	−3 268 000	572 000	192 000	42 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 290 000	260 000	480 000	576 000
Creditors	2 642 000	937 000	493 000	1 790 000
Unpaid Taxes	3 641 000	755 000	1 248 000	5 000
Dividends	486 000	377 000	0	0
Other Current Debt	4 707 000	2 159 000	1 363 000	0
Total Current Debt	10 991 000	3 852 000	3 220 000	1 800 000
Total Equity and Debt	9 013 000	4 684 000	3 892 000	2 418 000

Financial indicators	2020	2019	2018	2017
Return on Equity	102,63 %	132,34 %	78,13 %	30,95 %
Debt-to-Equity Ratio	−0,39	0,45	2,5	13,71
Operating Profit Margin	−6,56 %	2,09 %	0,8 %	0,57 %
Current Ratio	0,62	0,89	0,85	0,85
Quick Ratio	0,72	1,06	0,85	0,85
Equity Ratio	−0,36	0,12	0,05	0,02
Gross Profit Margin	50,38 %	55,16 %	50,85 %	27,93 %