HSH ENTREPRENØR ARENDAL AS

4847 ARENDAL

Finances

Return on Equity

−52,53 %

Current Ratio

1,85

Debt-to-Equity Ratio

3,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	76 856 000	66 227 000	37 357 000	5 469 000
Net Income	−1 991 000	4 742 000	854 000	−315 000
Total Assets	30 029 000	30 071 000	18 457 000	5 133 000
Total Equity	3 790 000	5 781 000	1 039 000	185 000

Income (NOK)	2022	2021	2020	2019
Revenue	76 856 000	66 227 000	37 357 000	5 469 000
Expenditure	91 258 000	60 039 000	36 146 000	5 874 000
Operating Profit	−14 401 000	6 188 000	1 211 000	−405 000
Financial Income	12 454 000	41 000	1 000	1 000
Financial Costs	604 000	150 000	117 000	0
Financial Balance	11 850 000	−109 000	−116 000	1 000
Earnings Before Tax	−2 552 000	6 080 000	1 095 000	−404 000
Tax	−561 000	1 338 000	241 000	−89 000
Net Income	−1 991 000	4 742 000	854 000	−315 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 751 000	2 855 000	369 000	312 000
Total Current Assets	26 278 000	27 216 000	18 088 000	4 822 000
Total Assets	30 029 000	30 071 000	18 457 000	5 133 000
Total Retained Equity	3 290 000	5 281 000	539 000	−315 000
Total Equity	3 790 000	5 781 000	1 039 000	185 000
Total Long-Term Debt	12 043 000	12 809 000	4 507 000	2 892 000
Total Current Debt	14 196 000	11 481 000	12 911 000	2 056 000
Total Equity and Debt	30 029 000	30 071 000	18 457 000	5 133 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	76 856 000	66 227 000	37 357 000	5 469 000
Other Income	0	0	0	0
Revenue	76 856 000	66 227 000	37 357 000	5 469 000
Cost of Goods Sold	79 735 000	51 549 000	29 838 000	4 150 000
Salary Costs	9 486 000	6 564 000	4 978 000	1 441 000
Depreciation	94 000	83 000	80 000	9 000
Impairment	0	0	0	0
Expenditure	91 258 000	60 039 000	36 146 000	5 874 000
Operating Profit	−14 401 000	6 188 000	1 211 000	−405 000
Financial Income	12 454 000	41 000	1 000	1 000
Financial Costs	604 000	150 000	117 000	0
Financial Balance	11 850 000	−109 000	−116 000	1 000
Dividends	0	0	0	0
Net Income	−1 991 000	4 742 000	854 000	−315 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	893 000	0	0	89 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	140 000	214 000	269 000	223 000
Total Tangible Assets	140 000	214 000	269 000	223 000
Total Fiancial Fixed Assets	2 718 000	2 641 000	100 000	0
Total Fixed Assets	3 751 000	2 855 000	369 000	312 000
Stock	0	0	10 704 000	0
Total Investments	0	0	0	0
Cash, Bank	622 000	5 207 000	3 815 000	4 253 000
Total Current Assets	26 278 000	27 216 000	18 088 000	4 822 000
Total Assets	30 029 000	30 071 000	18 457 000	5 133 000
Total Equity	3 790 000	5 781 000	1 039 000	185 000
Short-Term Group Debt	976 000	0	0	0
Total Long-Term Debt	12 043 000	12 809 000	4 507 000	2 892 000
Creditors	3 801 000	6 785 000	5 373 000	1 251 000
Unpaid Taxes	3 040 000	970 000	1 583 000	217 000
Dividends	0	0	0	0
Other Current Debt	5 237 000	3 046 000	5 956 000	588 000
Total Current Debt	14 196 000	11 481 000	12 911 000	2 056 000
Total Equity and Debt	30 029 000	30 071 000	18 457 000	5 133 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−52,53 %	82,03 %	82,19 %	−170,27 %
Debt-to-Equity Ratio	3,18	2,22	4,34	15,63
Operating Profit Margin	−18,74 %	9,34 %	3,24 %	−7,41 %
Current Ratio	1,85	2,37	1,4	2,35
Quick Ratio	1,85	2,37	8,2	2,35
Equity Ratio	0,13	0,19	0,06	0,04
Gross Profit Margin	−3,75 %	22,16 %	20,13 %	24,12 %