H ENGINEERING AS

4334 ÅLGÅRD

Finances

Return on Equity

5,35 %

Current Ratio

2,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	10 000	19 000	27 000	−8 000
Total Assets	241 000	229 000	211 000	133 000
Total Equity	187 000	177 000	158 000	131 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	9 000	8 000	8 000	3 000
Operating Profit	−9 000	−8 000	−8 000	−3 000
Financial Income	20 000	26 000	35 000	4 000
Financial Costs	0	0	0	9 000
Financial Balance	20 000	26 000	35 000	−5 000
Earnings Before Tax	10 000	19 000	27 000	−8 000
Tax	0	0	0	0
Net Income	10 000	19 000	27 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	0	0	0
Total Current Assets	141 000	229 000	211 000	133 000
Total Assets	241 000	229 000	211 000	133 000
Total Retained Equity	−5 000	−15 000	−34 000	−60 000
Total Equity	187 000	177 000	158 000	131 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	54 000	52 000	52 000	2 000
Total Equity and Debt	241 000	229 000	211 000	133 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 000	8 000	8 000	3 000
Operating Profit	−9 000	−8 000	−8 000	−3 000
Financial Income	20 000	26 000	35 000	4 000
Financial Costs	0	0	0	9 000
Financial Balance	20 000	26 000	35 000	−5 000
Dividends	0	0	0	0
Net Income	10 000	19 000	27 000	−8 000

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	100 000	0	0	0
Total Fixed Assets	100 000	0	0	0
Stock	0	0	0	0
Total Investments	89 000	89 000	82 000	83 000
Cash, Bank	52 000	140 000	128 000	51 000
Total Current Assets	141 000	229 000	211 000	133 000
Total Assets	241 000	229 000	211 000	133 000
Total Equity	187 000	177 000	158 000	131 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	52 000	52 000	52 000	2 000
Total Current Debt	54 000	52 000	52 000	2 000
Total Equity and Debt	241 000	229 000	211 000	133 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,35 %	10,73 %	17,09 %	−6,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	2,61	4,4	4,06	66,5
Quick Ratio	2,61	4,4	4,06	66,5
Equity Ratio	0,78	0,77	0,75	0,98
Gross Profit Margin	-	-	-	-