HCO NORGE AS

7550 HOMMELVIK

Finances

Share Ownership

Return on Equity

−47,72 %

Current Ratio

3,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	285 000	208 000	460 000	193 000
Net Income	−94 000	−106 000	114 000	19 000
Total Assets	236 000	324 000	493 000	312 000
Total Equity	197 000	291 000	398 000	283 000

Income (NOK)	2022	2021	2020	2019
Revenue	285 000	208 000	460 000	193 000
Expenditure	379 000	314 000	313 000	168 000
Operating Profit	−94 000	−106 000	147 000	25 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−94 000	−107 000	147 000	25 000
Tax	0	0	32 000	5 000
Net Income	−94 000	−106 000	114 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	91 000	166 000	0	0
Total Current Assets	145 000	157 000	493 000	312 000
Total Assets	236 000	324 000	493 000	312 000
Total Retained Equity	−34 000	60 000	167 000	52 000
Total Equity	197 000	291 000	398 000	283 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	40 000	33 000	95 000	28 000
Total Equity and Debt	236 000	324 000	493 000	312 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	285 000	208 000	460 000	193 000
Other Income	0	0	0	0
Revenue	285 000	208 000	460 000	193 000
Cost of Goods Sold	246 000	161 000	110 000	114 000
Salary Costs	12 000	26 000	164 000	23 000
Depreciation	75 000	70 000	0	0
Impairment	0	0	0	0
Expenditure	379 000	314 000	313 000	168 000
Operating Profit	−94 000	−106 000	147 000	25 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−94 000	−106 000	114 000	19 000

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	91 000	166 000	0	0
Total Tangible Assets	91 000	166 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	91 000	166 000	0	0
Stock	0	0	233 000	186 000
Total Investments	0	0	0	0
Cash, Bank	35 000	84 000	189 000	74 000
Total Current Assets	145 000	157 000	493 000	312 000
Total Assets	236 000	324 000	493 000	312 000
Total Equity	197 000	291 000	398 000	283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	4 000	8 000	3 000
Unpaid Taxes	25 000	15 000	40 000	20 000
Dividends	0	0	0	0
Other Current Debt	14 000	14 000	14 000	0
Total Current Debt	40 000	33 000	95 000	28 000
Total Equity and Debt	236 000	324 000	493 000	312 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−47,72 %	−36,43 %	28,64 %	6,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−32,98 %	−50,96 %	31,96 %	12,95 %
Current Ratio	3,63	4,76	5,19	11,14
Quick Ratio	3,63	4,76	−3,57	−1,97
Equity Ratio	0,83	0,9	0,81	0,91
Gross Profit Margin	13,68 %	22,6 %	76,09 %	40,93 %