HARWEST AS

0275 OSLO

Finances

Return on Equity

41,56 %

Current Ratio

2,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 397 000	1 582 000	749 000	524 000
Net Income	160 000	135 000	31 000	30 000
Total Assets	617 000	608 000	224 000	158 000
Total Equity	385 000	225 000	90 000	60 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 397 000	1 582 000	749 000	524 000
Expenditure	1 192 000	1 409 000	710 000	483 000
Operating Profit	205 000	173 000	40 000	41 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	205 000	173 000	39 000	41 000
Tax	45 000	38 000	9 000	11 000
Net Income	160 000	135 000	31 000	30 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	119 000	100 000	0	0
Total Current Assets	498 000	508 000	224 000	158 000
Total Assets	617 000	608 000	224 000	158 000
Total Retained Equity	355 000	195 000	60 000	30 000
Total Equity	385 000	225 000	90 000	60 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	231 000	383 000	133 000	98 000
Total Equity and Debt	617 000	608 000	224 000	158 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 397 000	1 582 000	821 000	452 000
Other Income	0	0	−71 000	71 000
Revenue	1 397 000	1 582 000	749 000	524 000
Cost of Goods Sold	225 000	296 000	30 000	73 000
Salary Costs	741 000	773 000	481 000	269 000
Depreciation	6 000	0	0	0
Impairment	0	0	0	0
Expenditure	1 192 000	1 409 000	710 000	483 000
Operating Profit	205 000	173 000	40 000	41 000
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	160 000	135 000	31 000	30 000

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	19 000	0	0	0
Total Tangible Assets	19 000	0	0	0
Total Fiancial Fixed Assets	100 000	100 000	0	0
Total Fixed Assets	119 000	100 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	498 000	339 000	224 000	71 000
Total Current Assets	498 000	508 000	224 000	158 000
Total Assets	617 000	608 000	224 000	158 000
Total Equity	385 000	225 000	90 000	60 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	13 000	15 000	10 000	5 000
Unpaid Taxes	88 000	122 000	70 000	48 000
Dividends	0	0	0	0
Other Current Debt	86 000	208 000	45 000	35 000
Total Current Debt	231 000	383 000	133 000	98 000
Total Equity and Debt	617 000	608 000	224 000	158 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,56 %	60 %	34,44 %	50 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,67 %	10,94 %	5,34 %	7,82 %
Current Ratio	2,16	1,33	1,68	1,61
Quick Ratio	2,16	1,33	1,68	1,61
Equity Ratio	0,62	0,37	0,4	0,38
Gross Profit Margin	83,89 %	81,29 %	95,99 %	86,07 %