HYDROGEN SOURCE AS

0160 OSLO

Finances

Share Ownership

Return on Equity

49,32 %

Current Ratio

1,99

Debt-to-Equity Ratio

1,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 144 000	2 188 000	854 000	383 000
Net Income	474 000	−146 000	−1 651 000	−997 000
Total Assets	2 513 000	1 233 000	1 818 000	2 927 000
Total Equity	961 000	487 000	633 000	1 957 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 144 000	2 188 000	854 000	383 000
Expenditure	1 669 000	2 363 000	2 502 000	1 387 000
Operating Profit	474 000	−146 000	−1 648 000	−1 003 000
Financial Income	0	0	1 000	6 000
Financial Costs	0	0	3 000	0
Financial Balance	0	0	−2 000	6 000
Earnings Before Tax	474 000	−146 000	−1 651 000	−997 000
Tax	0	0	0	0
Net Income	474 000	−146 000	−1 651 000	−997 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 407 000	0	139 000	−60 000
Total Current Assets	1 106 000	1 233 000	1 679 000	2 987 000
Total Assets	2 513 000	1 233 000	1 818 000	2 927 000
Total Retained Equity	474 000	0	−3 752 000	−2 428 000
Total Equity	961 000	487 000	633 000	1 957 000
Total Long-Term Debt	996 000	790 000	790 000	790 000
Total Current Debt	556 000	−44 000	257 000	180 000
Total Equity and Debt	2 513 000	1 233 000	1 679 000	2 927 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	229 000	383 000
Other Income	2 144 000	2 188 000	625 000	0
Revenue	2 144 000	2 188 000	854 000	383 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 134 000	1 477 000	1 563 000	764 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 669 000	2 363 000	2 502 000	1 387 000
Operating Profit	474 000	−146 000	−1 648 000	−1 003 000
Financial Income	0	0	1 000	6 000
Financial Costs	0	0	3 000	0
Financial Balance	0	0	−2 000	6 000
Dividends	0	0	0	0
Net Income	474 000	−146 000	−1 651 000	−997 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 407 000	0	139 000	−60 000
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	0	0	0	0
Total Fixed Assets	1 407 000	0	139 000	−60 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	285 000	749 000	1 203 000	2 987 000
Total Current Assets	1 106 000	1 233 000	1 679 000	2 987 000
Total Assets	2 513 000	1 233 000	1 818 000	2 927 000
Total Equity	961 000	487 000	633 000	1 957 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	996 000	790 000	790 000	790 000
Creditors	519 000	16 000	−35 000	0
Unpaid Taxes	−119 000	−233 000	117 000	111 000
Dividends	0	0	0	0
Other Current Debt	157 000	173 000	175 000	69 000
Total Current Debt	556 000	−44 000	257 000	180 000
Total Equity and Debt	2 513 000	1 233 000	1 679 000	2 927 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,32 %	−29,98 %	−260,82 %	−50,95 %
Debt-to-Equity Ratio	1,04	1,62	1,25	0,4
Operating Profit Margin	22,11 %	−6,67 %	−192,97 %	−261,88 %
Current Ratio	1,99	−28,02	6,53	16,59
Quick Ratio	1,99	−28,02	6,53	16,59
Equity Ratio	0,38	0,39	0,35	0,67
Gross Profit Margin	100 %	100 %	100 %	100 %