HILLWOOD AS

5113 TERTNES

Finances

Share Ownership

Return on Equity

83,15 %

Current Ratio

0,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 657 000	2 644 000	1 908 000	1 830 000
Net Income	148 000	370 000	255 000	94 000
Total Assets	515 000	931 000	840 000	506 000
Total Equity	178 000	30 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 657 000	2 644 000	1 908 000	1 830 000
Expenditure	1 452 000	2 152 000	1 578 000	1 709 000
Operating Profit	205 000	491 000	330 000	121 000
Financial Income	18 000	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	18 000	0	0	−1 000
Earnings Before Tax	223 000	491 000	330 000	121 000
Tax	74 000	122 000	76 000	27 000
Net Income	148 000	370 000	255 000	94 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	193 000	219 000	0	0
Total Current Assets	322 000	712 000	840 000	506 000
Total Assets	515 000	931 000	840 000	506 000
Total Retained Equity	148 000	0	0	0
Total Equity	178 000	30 000	30 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	337 000	901 000	810 000	476 000
Total Equity and Debt	515 000	931 000	840 000	506 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 657 000	2 644 000	1 908 000	1 830 000
Other Income	0	0	0	0
Revenue	1 657 000	2 644 000	1 908 000	1 830 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 129 000	1 844 000	1 387 000	1 368 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 452 000	2 152 000	1 578 000	1 709 000
Operating Profit	205 000	491 000	330 000	121 000
Financial Income	18 000	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	18 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	148 000	370 000	255 000	94 000

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	18 000	0	0	0
Total Tangible Assets	18 000	0	0	0
Total Fiancial Fixed Assets	175 000	219 000	0	0
Total Fixed Assets	193 000	219 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	106 000	135 000	608 000	145 000
Total Current Assets	322 000	712 000	840 000	506 000
Total Assets	515 000	931 000	840 000	506 000
Total Equity	178 000	30 000	30 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	12 000	11 000	5 000
Unpaid Taxes	139 000	189 000	307 000	217 000
Dividends	0	0	0	0
Other Current Debt	112 000	683 000	488 000	254 000
Total Current Debt	337 000	901 000	810 000	476 000
Total Equity and Debt	515 000	931 000	840 000	506 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,15 %	1 233,33 %	850 %	313,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,37 %	18,57 %	17,3 %	6,61 %
Current Ratio	0,96	0,79	1,04	1,06
Quick Ratio	0,96	0,79	1,04	1,06
Equity Ratio	0,35	0,03	0,04	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %