HAV HYDROGEN AS

6090 FOSNAVÅG

Finances

Share Ownership

Return on Equity

−64,65 %

Current Ratio

2,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 840 000	1 877 000	0	0
Net Income	−4 342 000	−797 000	−12 000	−8 000
Total Assets	9 434 000	1 951 000	17 000	22 000
Total Equity	6 716 000	30 000	10 000	22 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 840 000	1 877 000	0	0
Expenditure	8 271 000	2 867 000	16 000	8 000
Operating Profit	−5 432 000	−990 000	−16 000	−8 000
Financial Income	26 000	0	0	0
Financial Costs	159 000	32 000	1 000	0
Financial Balance	−133 000	−32 000	−1 000	0
Earnings Before Tax	−5 564 000	−1 022 000	−17 000	−8 000
Tax	−1 222 000	−225 000	−6 000	0
Net Income	−4 342 000	−797 000	−12 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 175 000	0	6 000	0
Total Current Assets	7 258 000	1 951 000	11 000	22 000
Total Assets	9 434 000	1 951 000	17 000	22 000
Total Retained Equity	0	−817 000	−20 000	−8 000
Total Equity	6 716 000	30 000	10 000	22 000
Total Long-Term Debt	2 000	0	0	0
Total Current Debt	2 716 000	1 921 000	7 000	0
Total Equity and Debt	9 434 000	1 951 000	17 000	22 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 840 000	1 877 000	0	0
Other Income	0	0	0	0
Revenue	2 840 000	1 877 000	0	0
Cost of Goods Sold	202 000	0	0	0
Salary Costs	5 425 000	2 069 000	0	0
Depreciation	7 000	0	0	0
Impairment	0	0	0	0
Expenditure	8 271 000	2 867 000	16 000	8 000
Operating Profit	−5 432 000	−990 000	−16 000	−8 000
Financial Income	26 000	0	0	0
Financial Costs	159 000	32 000	1 000	0
Financial Balance	−133 000	−32 000	−1 000	0
Dividends	0	0	0	0
Net Income	−4 342 000	−797 000	−12 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 035 000	0	6 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	44 000	0	0	0
Total Tangible Assets	44 000	0	0	0
Total Fiancial Fixed Assets	1 096 000	0	0	0
Total Fixed Assets	2 175 000	0	6 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	503 000	397 000	11 000	22 000
Total Current Assets	7 258 000	1 951 000	11 000	22 000
Total Assets	9 434 000	1 951 000	17 000	22 000
Total Equity	6 716 000	30 000	10 000	22 000
Short-Term Group Debt	0	832 000	0	0
Total Long-Term Debt	2 000	0	0	0
Creditors	937 000	273 000	7 000	0
Unpaid Taxes	537 000	328 000	0	0
Dividends	0	0	0	0
Other Current Debt	1 242 000	489 000	0	0
Total Current Debt	2 716 000	1 921 000	7 000	0
Total Equity and Debt	9 434 000	1 951 000	17 000	22 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−64,65 %	−2 656,67 %	−120 %	−36,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−191,27 %	−52,74 %	-	-
Current Ratio	2,67	1,02	1,57	-
Quick Ratio	2,67	1,02	1,57	-
Equity Ratio	0,71	0,02	0,59	1
Gross Profit Margin	92,89 %	100 %	-	-