MADE WITH HART AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

239,71 %

Current Ratio

0,78

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 396 000	5 360 000	5 242 000	5 829 000
Net Income	−326 000	391 000	178 000	−217 000
Total Assets	1 360 000	1 234 000	1 149 000	1 165 000
Total Equity	−136 000	190 000	−125 000	−303 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 396 000	5 360 000	5 242 000	5 829 000
Expenditure	6 665 000	4 818 000	4 996 000	5 986 000
Operating Profit	−268 000	543 000	247 000	−157 000
Financial Income	10 000	8 000	20 000	8 000
Financial Costs	67 000	52 000	66 000	68 000
Financial Balance	−57 000	−44 000	−46 000	−60 000
Earnings Before Tax	−326 000	499 000	201 000	−217 000
Tax	0	108 000	23 000	0
Net Income	−326 000	391 000	178 000	−217 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	187 000	0	0	2 000
Total Current Assets	1 173 000	1 234 000	1 149 000	1 164 000
Total Assets	1 360 000	1 234 000	1 149 000	1 165 000
Total Retained Equity	−326 000	0	−334 000	−512 000
Total Equity	−136 000	190 000	−125 000	−303 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 496 000	1 044 000	1 274 000	1 469 000
Total Equity and Debt	1 360 000	1 234 000	1 149 000	1 165 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 396 000	5 229 000	5 096 000	5 758 000
Other Income	0	131 000	146 000	71 000
Revenue	6 396 000	5 360 000	5 242 000	5 829 000
Cost of Goods Sold	3 394 000	2 407 000	2 435 000	3 023 000
Salary Costs	1 576 000	1 221 000	1 322 000	1 785 000
Depreciation	5 000	0	2 000	3 000
Impairment	0	0	0	0
Expenditure	6 665 000	4 818 000	4 996 000	5 986 000
Operating Profit	−268 000	543 000	247 000	−157 000
Financial Income	10 000	8 000	20 000	8 000
Financial Costs	67 000	52 000	66 000	68 000
Financial Balance	−57 000	−44 000	−46 000	−60 000
Dividends	0	0	0	0
Net Income	−326 000	391 000	178 000	−217 000

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	24 000	0	0	0
Fixtures	0	0	0	2 000
Total Tangible Assets	24 000	0	0	2 000
Total Fiancial Fixed Assets	163 000	0	0	0
Total Fixed Assets	187 000	0	0	2 000
Stock	818 000	653 000	644 000	694 000
Total Investments	0	0	0	0
Cash, Bank	95 000	142 000	73 000	78 000
Total Current Assets	1 173 000	1 234 000	1 149 000	1 164 000
Total Assets	1 360 000	1 234 000	1 149 000	1 165 000
Total Equity	−136 000	190 000	−125 000	−303 000
Short-Term Group Debt	11 000	98 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	288 000	145 000	124 000	290 000
Unpaid Taxes	415 000	370 000	360 000	381 000
Dividends	0	0	0	0
Other Current Debt	500 000	345 000	648 000	593 000
Total Current Debt	1 496 000	1 044 000	1 274 000	1 469 000
Total Equity and Debt	1 360 000	1 234 000	1 149 000	1 165 000

Financial indicators	2022	2021	2020	2019
Return on Equity	239,71 %	205,79 %	−142,4 %	71,62 %
Debt-to-Equity Ratio	−0	0	−0	−0
Operating Profit Margin	−4,19 %	10,13 %	4,71 %	−2,69 %
Current Ratio	0,78	1,18	0,9	0,79
Quick Ratio	1,73	3,16	1,82	1,5
Equity Ratio	−0,1	0,15	−0,11	−0,26
Gross Profit Margin	46,94 %	55,09 %	53,55 %	48,14 %