HEARTS & SCIENCE AS

0273 OSLO

Finances

Share Ownership

Return on Equity

19,72 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 483 000	94 567 000	146 108 000	99 030 000
Net Income	424 000	950 000	544 000	−130 000
Total Assets	52 078 000	62 242 000	49 509 000	43 049 000
Total Equity	2 150 000	1 726 000	776 000	232 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 483 000	94 567 000	146 108 000	99 030 000
Expenditure	7 394 000	93 435 000	145 565 000	99 285 000
Operating Profit	90 000	1 097 000	543 000	−255 000
Financial Income	790 000	207 000	312 000	99 000
Financial Costs	337 000	86 000	158 000	10 000
Financial Balance	453 000	121 000	154 000	89 000
Earnings Before Tax	543 000	1 218 000	697 000	−166 000
Tax	119 000	268 000	153 000	−37 000
Net Income	424 000	950 000	544 000	−130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	52 078 000	62 242 000	49 509 000	43 049 000
Total Assets	52 078 000	62 242 000	49 509 000	43 049 000
Total Retained Equity	424 000	950 000	544 000	0
Total Equity	2 150 000	1 726 000	776 000	232 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	49 929 000	60 516 000	48 733 000	42 816 000
Total Equity and Debt	52 078 000	62 242 000	49 509 000	43 049 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 483 000	94 567 000	146 108 000	99 030 000
Other Income	0	0	0	0
Revenue	7 483 000	94 567 000	146 108 000	99 030 000
Cost of Goods Sold	6 065 000	90 459 000	140 074 000	94 685 000
Salary Costs	918 000	1 918 000	4 251 000	3 595 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 394 000	93 435 000	145 565 000	99 285 000
Operating Profit	90 000	1 097 000	543 000	−255 000
Financial Income	790 000	207 000	312 000	99 000
Financial Costs	337 000	86 000	158 000	10 000
Financial Balance	453 000	121 000	154 000	89 000
Dividends	0	0	0	0
Net Income	424 000	950 000	544 000	−130 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	733 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	52 078 000	62 242 000	49 509 000	43 049 000
Total Assets	52 078 000	62 242 000	49 509 000	43 049 000
Total Equity	2 150 000	1 726 000	776 000	232 000
Short-Term Group Debt	44 348 000	46 353 000	35 718 000	21 299 000
Total Long-Term Debt	0	0	0	0
Creditors	5 276 000	13 714 000	11 883 000	20 834 000
Unpaid Taxes	4 000	71 000	183 000	187 000
Dividends	0	0	0	0
Other Current Debt	182 000	110 000	796 000	498 000
Total Current Debt	49 929 000	60 516 000	48 733 000	42 816 000
Total Equity and Debt	52 078 000	62 242 000	49 509 000	43 049 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,72 %	55,04 %	70,1 %	−56,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,2 %	1,16 %	0,37 %	−0,26 %
Current Ratio	1,04	1,03	1,02	1,01
Quick Ratio	1,04	1,03	1,02	1,02
Equity Ratio	0,04	0,03	0,02	0,01
Gross Profit Margin	18,95 %	4,34 %	4,13 %	4,39 %