HIFI LIFE AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

195,08 %

Current Ratio

1,48

Debt-to-Equity Ratio

−8,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 532 000	4 172 000	3 572 000	717 000
Net Income	−119 000	422 000	235 000	−690 000
Total Assets	1 355 000	1 168 000	752 000	107 000
Total Equity	−61 000	58 000	−364 000	−599 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 532 000	4 172 000	3 572 000	717 000
Expenditure	4 598 000	3 717 000	3 307 000	1 382 000
Operating Profit	−66 000	454 000	265 000	−665 000
Financial Income	4 000	0	0	0
Financial Costs	57 000	33 000	31 000	25 000
Financial Balance	−53 000	−33 000	−31 000	−25 000
Earnings Before Tax	−119 000	422 000	235 000	−690 000
Tax	0	0	0	0
Net Income	−119 000	422 000	235 000	−690 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	41 000	25 000	0	0
Total Current Assets	1 315 000	1 143 000	752 000	107 000
Total Assets	1 355 000	1 168 000	752 000	107 000
Total Retained Equity	−161 000	−37 000	−458 000	−693 000
Total Equity	−61 000	58 000	−364 000	−599 000
Total Long-Term Debt	530 000	343 000	440 000	531 000
Total Current Debt	886 000	768 000	677 000	175 000
Total Equity and Debt	1 355 000	1 168 000	752 000	107 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 532 000	4 170 000	3 565 000	717 000
Other Income	0	2 000	7 000	0
Revenue	4 532 000	4 172 000	3 572 000	717 000
Cost of Goods Sold	3 358 000	2 988 000	2 711 000	785 000
Salary Costs	480 000	0	7 000	1 000
Depreciation	15 000	2 000	0	0
Impairment	0	0	0	0
Expenditure	4 598 000	3 717 000	3 307 000	1 382 000
Operating Profit	−66 000	454 000	265 000	−665 000
Financial Income	4 000	0	0	0
Financial Costs	57 000	33 000	31 000	25 000
Financial Balance	−53 000	−33 000	−31 000	−25 000
Dividends	0	0	0	0
Net Income	−119 000	422 000	235 000	−690 000

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	41 000	25 000	0	0
Total Tangible Assets	41 000	25 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	41 000	25 000	0	0
Stock	838 000	515 000	411 000	0
Total Investments	0	0	0	0
Cash, Bank	406 000	528 000	205 000	74 000
Total Current Assets	1 315 000	1 143 000	752 000	107 000
Total Assets	1 355 000	1 168 000	752 000	107 000
Total Equity	−61 000	58 000	−364 000	−599 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	530 000	343 000	440 000	531 000
Creditors	613 000	782 000	645 000	127 000
Unpaid Taxes	121 000	−43 000	−43 000	2 000
Dividends	0	0	0	0
Other Current Debt	62 000	11 000	55 000	17 000
Total Current Debt	886 000	768 000	677 000	175 000
Total Equity and Debt	1 355 000	1 168 000	752 000	107 000

Financial indicators	2022	2021	2020	2019
Return on Equity	195,08 %	727,59 %	−64,56 %	115,19 %
Debt-to-Equity Ratio	−8,69	5,91	−1,21	−0,89
Operating Profit Margin	−1,46 %	10,88 %	7,42 %	−92,75 %
Current Ratio	1,48	1,49	1,11	0,61
Quick Ratio	27,4	4,52	2,83	0,61
Equity Ratio	−0,05	0,05	−0,48	−5,6
Gross Profit Margin	25,9 %	28,38 %	24,1 %	−9,48 %