HQP NORWAY AS

1274 OSLO

Finances

Return on Equity

49,06 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	674 000	604 000	618 000	711 000
Net Income	78 000	51 000	17 000	0
Total Assets	441 000	321 000	159 000	223 000
Total Equity	159 000	82 000	47 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	674 000	604 000	618 000	711 000
Expenditure	594 000	539 000	596 000	711 000
Operating Profit	79 000	66 000	22 000	0
Financial Income	8 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	8 000	0	0	0
Earnings Before Tax	88 000	66 000	22 000	0
Tax	10 000	14 000	5 000	0
Net Income	78 000	51 000	17 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	0	0	0
Total Current Assets	437 000	321 000	159 000	223 000
Total Assets	441 000	321 000	159 000	223 000
Total Retained Equity	129 000	51 000	17 000	0
Total Equity	159 000	82 000	47 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	281 000	239 000	112 000	193 000
Total Equity and Debt	441 000	321 000	159 000	223 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	674 000	604 000	618 000	711 000
Other Income	0	0	0	0
Revenue	674 000	604 000	618 000	711 000
Cost of Goods Sold	340 000	374 000	491 000	602 000
Salary Costs	91 000	61 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	594 000	539 000	596 000	711 000
Operating Profit	79 000	66 000	22 000	0
Financial Income	8 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	8 000	0	0	0
Dividends	0	0	0	0
Net Income	78 000	51 000	17 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 000	0	0	0
Stock	0	0	37 000	110 000
Total Investments	75 000	0	0	0
Cash, Bank	281 000	301 000	123 000	113 000
Total Current Assets	437 000	321 000	159 000	223 000
Total Assets	441 000	321 000	159 000	223 000
Total Equity	159 000	82 000	47 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	−75 000	75 000	146 000
Unpaid Taxes	11 000	−38 000	12 000	19 000
Dividends	0	0	0	0
Other Current Debt	267 000	343 000	20 000	28 000
Total Current Debt	281 000	239 000	112 000	193 000
Total Equity and Debt	441 000	321 000	159 000	223 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,06 %	62,2 %	36,17 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,72 %	10,93 %	3,56 %	0 %
Current Ratio	1,56	1,34	1,42	1,16
Quick Ratio	1,56	1,34	2,12	2,69
Equity Ratio	0,36	0,26	0,3	0,13
Gross Profit Margin	49,55 %	38,08 %	20,55 %	15,33 %