ERNST HIIS AS

3159 MELSOMVIK

Finances

Return on Equity

115,15 %

Current Ratio

7,39

Debt-to-Equity Ratio

19,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	294 000	0	0	0
Net Income	38 000	−24 000	−6 000	0
Total Assets	723 000	653 000	251 000	252 000
Total Equity	33 000	−5 000	19 000	25 000

Income (NOK)	2022	2021	2020
Revenue	294 000	0	0
Expenditure	255 000	25 000	6 000
Operating Profit	39 000	−24 000	−6 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	39 000	−24 000	−6 000
Tax	1 000	0	0
Net Income	38 000	−24 000	−6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	265 000	279 000	250 000	250 000
Total Current Assets	458 000	374 000	1 000	2 000
Total Assets	723 000	653 000	251 000	252 000
Total Retained Equity	9 000	−30 000	−6 000	0
Total Equity	33 000	−5 000	19 000	25 000
Total Long-Term Debt	628 000	627 000	227 000	227 000
Total Current Debt	62 000	31 000	5 000	0
Total Equity and Debt	723 000	653 000	251 000	252 000

Cash flow (NOK)	2022	2021	2020
Sales Income	277 000	0	0
Other Income	16 000	0	0
Revenue	294 000	0	0
Cost of Goods Sold	45 000	0	0
Salary Costs	0	0	0
Depreciation	5 000	2 000	0
Impairment	0	0	0
Expenditure	255 000	25 000	6 000
Operating Profit	39 000	−24 000	−6 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	38 000	−24 000	−6 000

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	15 000	29 000	0	0
Fixtures	0	0	0	0
Total Tangible Assets	15 000	29 000	0	0
Total Fiancial Fixed Assets	250 000	250 000	250 000	250 000
Total Fixed Assets	265 000	279 000	250 000	250 000
Stock	341 000	370 000	0	0
Total Investments	0	0	0	0
Cash, Bank	109 000	4 000	1 000	2 000
Total Current Assets	458 000	374 000	1 000	2 000
Total Assets	723 000	653 000	251 000	252 000
Total Equity	33 000	−5 000	19 000	25 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	628 000	627 000	227 000	227 000
Creditors	1 000	0	0	0
Unpaid Taxes	8 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	53 000	31 000	5 000	0
Total Current Debt	62 000	31 000	5 000	0
Total Equity and Debt	723 000	653 000	251 000	252 000

Financial indicators	2022	2021	2020	2019
Return on Equity	115,15 %	480 %	−31,58 %	0 %
Debt-to-Equity Ratio	19,03	−125,4	11,95	9,08
Operating Profit Margin	13,27 %	-	-	-
Current Ratio	7,39	12,06	0,2	-
Quick Ratio	−1,64	−1,1	0,2	-
Equity Ratio	0,05	−0,01	0,08	0,1
Gross Profit Margin	84,69 %	-	-	-