HATCH BLUE NORWAY AS

5006 BERGEN

Finances

Return on Equity

271,14 %

Current Ratio

0,94

Debt-to-Equity Ratio

8,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 610 000	2 242 000	1 301 000	584 000
Net Income	808 000	−613 000	−321 000	50 000
Total Assets	5 774 000	4 240 000	4 197 000	3 671 000
Total Equity	298 000	−510 000	103 000	424 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 610 000	2 242 000	1 301 000	584 000
Expenditure	9 673 000	2 839 000	1 706 000	523 000
Operating Profit	938 000	−597 000	−406 000	62 000
Financial Income	78 000	9 000	3 000	3 000
Financial Costs	153 000	28 000	4 000	0
Financial Balance	−75 000	−19 000	−1 000	3 000
Earnings Before Tax	863 000	−617 000	−407 000	65 000
Tax	55 000	−3 000	−87 000	14 000
Net Income	808 000	−613 000	−321 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 149 000	3 135 000	3 189 000	3 135 000
Total Current Assets	2 624 000	1 105 000	1 009 000	537 000
Total Assets	5 774 000	4 240 000	4 197 000	3 671 000
Total Retained Equity	268 000	−540 000	73 000	394 000
Total Equity	298 000	−510 000	103 000	424 000
Total Long-Term Debt	2 671 000	4 141 000	3 738 000	2 651 000
Total Current Debt	2 806 000	609 000	357 000	596 000
Total Equity and Debt	5 774 000	4 240 000	4 197 000	3 671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 610 000	2 242 000	1 222 000	0
Other Income	0	0	78 000	584 000
Revenue	10 610 000	2 242 000	1 301 000	584 000
Cost of Goods Sold	4 668 000	0	0	0
Salary Costs	4 450 000	2 418 000	1 270 000	0
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	9 673 000	2 839 000	1 706 000	523 000
Operating Profit	938 000	−597 000	−406 000	62 000
Financial Income	78 000	9 000	3 000	3 000
Financial Costs	153 000	28 000	4 000	0
Financial Balance	−75 000	−19 000	−1 000	3 000
Dividends	0	0	0	0
Net Income	808 000	−613 000	−321 000	50 000

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	15 000	0	0	0
Total Tangible Assets	15 000	0	0	0
Total Fiancial Fixed Assets	3 135 000	3 135 000	3 189 000	3 135 000
Total Fixed Assets	3 149 000	3 135 000	3 189 000	3 135 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	509 000	276 000	585 000	537 000
Total Current Assets	2 624 000	1 105 000	1 009 000	537 000
Total Assets	5 774 000	4 240 000	4 197 000	3 671 000
Total Equity	298 000	−510 000	103 000	424 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 671 000	4 141 000	3 738 000	2 651 000
Creditors	237 000	61 000	18 000	125 000
Unpaid Taxes	212 000	141 000	191 000	0
Dividends	0	0	0	0
Other Current Debt	2 302 000	407 000	147 000	457 000
Total Current Debt	2 806 000	609 000	357 000	596 000
Total Equity and Debt	5 774 000	4 240 000	4 197 000	3 671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	271,14 %	120,2 %	−311,65 %	11,79 %
Debt-to-Equity Ratio	8,96	−8,12	36,29	6,25
Operating Profit Margin	8,84 %	−26,63 %	−31,21 %	10,62 %
Current Ratio	0,94	1,81	2,83	0,9
Quick Ratio	0,94	1,81	2,83	0,9
Equity Ratio	0,05	−0,12	0,02	0,12
Gross Profit Margin	56 %	100 %	100 %	100 %