HIVAKO AS

3222 SANDEFJORD

Finances

Share Ownership

Return on Equity

52,69 %

Current Ratio

1,79

Debt-to-Equity Ratio

−0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 868 000	1 161 000	539 000	650 000
Net Income	88 000	−1 000	−43 000	22 000
Total Assets	305 000	171 000	112 000	161 000
Total Equity	167 000	79 000	86 000	129 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 868 000	1 161 000	539 000	650 000
Expenditure	1 760 000	1 150 000	589 000	629 000
Operating Profit	109 000	11 000	−49 000	22 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	0
Earnings Before Tax	110 000	12 000	−48 000	22 000
Tax	22 000	14 000	−6 000	0
Net Income	88 000	−1 000	−43 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	39 000	53 000	56 000
Total Current Assets	288 000	133 000	59 000	105 000
Total Assets	305 000	171 000	112 000	161 000
Total Retained Equity	115 000	27 000	34 000	77 000
Total Equity	167 000	79 000	86 000	129 000
Total Long-Term Debt	−24 000	−1 000	−24 000	0
Total Current Debt	161 000	94 000	50 000	33 000
Total Equity and Debt	305 000	171 000	112 000	161 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 868 000	1 161 000	539 000	650 000
Other Income	0	0	0	0
Revenue	1 868 000	1 161 000	539 000	650 000
Cost of Goods Sold	1 189 000	812 000	317 000	377 000
Salary Costs	295 000	137 000	110 000	113 000
Depreciation	22 000	9 000	9 000	−40 000
Impairment	0	0	0	0
Expenditure	1 760 000	1 150 000	589 000	629 000
Operating Profit	109 000	11 000	−49 000	22 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	0	0	0	0
Financial Balance	1 000	1 000	1 000	0
Dividends	0	0	0	0
Net Income	88 000	−1 000	−43 000	22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	6 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	12 000	16 000	16 000	16 000
Fixtures	5 000	23 000	32 000	40 000
Total Tangible Assets	16 000	39 000	47 000	56 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	39 000	53 000	56 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	285 000	116 000	48 000	102 000
Total Current Assets	288 000	133 000	59 000	105 000
Total Assets	305 000	171 000	112 000	161 000
Total Equity	167 000	79 000	86 000	129 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−24 000	−1 000	−24 000	0
Creditors	5 000	37 000	24 000	1 000
Unpaid Taxes	97 000	38 000	16 000	22 000
Dividends	0	0	0	0
Other Current Debt	29 000	13 000	10 000	9 000
Total Current Debt	161 000	94 000	50 000	33 000
Total Equity and Debt	305 000	171 000	112 000	161 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,69 %	−1,27 %	−50 %	17,05 %
Debt-to-Equity Ratio	−0,14	−0,01	−0,28	0
Operating Profit Margin	5,84 %	0,95 %	−9,09 %	3,38 %
Current Ratio	1,79	1,41	1,18	3,18
Quick Ratio	1,79	1,41	1,18	3,18
Equity Ratio	0,55	0,46	0,77	0,8
Gross Profit Margin	36,35 %	30,06 %	41,19 %	42 %