HARDANGERVIDDA HYTTESERVICE AS

5785 VØRINGSFOSS

Finances

Share Ownership

Return on Equity

157,13 %

Current Ratio

0,38

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 984 000	14 117 000	11 969 000	10 202 000
Net Income	−4 882 000	−1 201 000	−1 155 000	−493 000
Total Assets	11 110 000	16 642 000	8 082 000	6 212 000
Total Equity	−3 107 000	1 775 000	1 185 000	1 056 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 984 000	14 117 000	11 969 000	10 202 000
Expenditure	23 047 000	15 585 000	13 448 000	10 803 000
Operating Profit	−5 064 000	−1 467 000	−1 479 000	−601 000
Financial Income	18 000	2 000	3 000	0
Financial Costs	31 000	8 000	5 000	32 000
Financial Balance	−13 000	−6 000	−2 000	−32 000
Earnings Before Tax	−5 076 000	−1 473 000	−1 481 000	−632 000
Tax	−194 000	−272 000	−326 000	−139 000
Net Income	−4 882 000	−1 201 000	−1 155 000	−493 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 648 000	6 848 000	3 301 000	2 636 000
Total Current Assets	5 461 000	9 795 000	4 781 000	3 576 000
Total Assets	11 110 000	16 642 000	8 082 000	6 212 000
Total Retained Equity	−3 647 000	0	0	0
Total Equity	−3 107 000	1 775 000	1 185 000	1 056 000
Total Long-Term Debt	0	194 000	654 000	762 000
Total Current Debt	14 217 000	14 674 000	6 243 000	4 394 000
Total Equity and Debt	11 110 000	16 642 000	8 082 000	6 212 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 818 000	12 942 000	11 617 000	10 177 000
Other Income	166 000	1 176 000	352 000	25 000
Revenue	17 984 000	14 117 000	11 969 000	10 202 000
Cost of Goods Sold	9 140 000	4 617 000	3 902 000	1 925 000
Salary Costs	4 024 000	2 914 000	2 609 000	2 513 000
Depreciation	1 163 000	1 150 000	537 000	532 000
Impairment	0	79 000	0	0
Expenditure	23 047 000	15 585 000	13 448 000	10 803 000
Operating Profit	−5 064 000	−1 467 000	−1 479 000	−601 000
Financial Income	18 000	2 000	3 000	0
Financial Costs	31 000	8 000	5 000	32 000
Financial Balance	−13 000	−6 000	−2 000	−32 000
Dividends	0	0	0	0
Net Income	−4 882 000	−1 201 000	−1 155 000	−493 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	23 000
Real Eastate	89 000	108 000	127 000	147 000
Machinery and Plant Facilities	2 287 000	2 273 000	1 432 000	1 083 000
Fixtures	2 082 000	2 374 000	941 000	361 000
Total Tangible Assets	4 458 000	4 755 000	2 500 000	1 591 000
Total Fiancial Fixed Assets	1 190 000	2 092 000	801 000	1 022 000
Total Fixed Assets	5 648 000	6 848 000	3 301 000	2 636 000
Stock	2 980 000	4 000 000	400 000	400 000
Total Investments	0	0	0	0
Cash, Bank	206 000	995 000	197 000	125 000
Total Current Assets	5 461 000	9 795 000	4 781 000	3 576 000
Total Assets	11 110 000	16 642 000	8 082 000	6 212 000
Total Equity	−3 107 000	1 775 000	1 185 000	1 056 000
Short-Term Group Debt	9 542 000	11 888 000	0	0
Total Long-Term Debt	0	194 000	654 000	762 000
Creditors	1 795 000	223 000	1 758 000	425 000
Unpaid Taxes	395 000	336 000	130 000	125 000
Dividends	0	0	0	0
Other Current Debt	2 067 000	2 174 000	4 355 000	3 843 000
Total Current Debt	14 217 000	14 674 000	6 243 000	4 394 000
Total Equity and Debt	11 110 000	16 642 000	8 082 000	6 212 000

Financial indicators	2022	2021	2020	2019
Return on Equity	157,13 %	−67,66 %	−97,47 %	−46,69 %
Debt-to-Equity Ratio	−0	0,11	0,55	0,72
Operating Profit Margin	−28,16 %	−10,39 %	−12,36 %	−5,89 %
Current Ratio	0,38	0,67	0,77	0,81
Quick Ratio	0,49	0,92	0,82	0,9
Equity Ratio	−0,28	0,11	0,15	0,17
Gross Profit Margin	49,18 %	67,29 %	67,4 %	81,13 %