HVICE AS

0552 OSLO

Finances

Share Ownership

Return on Equity

76,64 %

Current Ratio

1,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 684 000	2 132 000	1 851 000	1 516 000
Net Income	246 000	153 000	119 000	−161 000
Total Assets	562 000	186 000	99 000	278 000
Total Equity	321 000	75 000	−18 000	−137 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 684 000	2 132 000	1 851 000	1 516 000
Expenditure	2 368 000	1 948 000	1 732 000	1 678 000
Operating Profit	316 000	184 000	119 000	−161 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	315 000	184 000	119 000	−161 000
Tax	69 000	31 000	0	0
Net Income	246 000	153 000	119 000	−161 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	100 000	100 000	100 000
Total Current Assets	462 000	86 000	−1 000	178 000
Total Assets	562 000	186 000	99 000	278 000
Total Retained Equity	291 000	51 000	−42 000	−161 000
Total Equity	321 000	75 000	−18 000	−137 000
Total Long-Term Debt	0	0	50 000	250 000
Total Current Debt	241 000	111 000	67 000	165 000
Total Equity and Debt	562 000	186 000	99 000	278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 684 000	2 120 000	1 849 000	1 516 000
Other Income	0	12 000	2 000	0
Revenue	2 684 000	2 132 000	1 851 000	1 516 000
Cost of Goods Sold	783 000	570 000	527 000	485 000
Salary Costs	965 000	749 000	711 000	594 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 368 000	1 948 000	1 732 000	1 678 000
Operating Profit	316 000	184 000	119 000	−161 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	60 000	0	0
Net Income	246 000	153 000	119 000	−161 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	100 000	100 000	100 000	100 000
Total Fixed Assets	100 000	100 000	100 000	100 000
Stock	0	0	0	0
Total Investments	337 000	0	0	0
Cash, Bank	121 000	113 000	23 000	190 000
Total Current Assets	462 000	86 000	−1 000	178 000
Total Assets	562 000	186 000	99 000	278 000
Total Equity	321 000	75 000	−18 000	−137 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	50 000	250 000
Creditors	29 000	5 000	15 000	39 000
Unpaid Taxes	26 000	25 000	17 000	35 000
Dividends	0	60 000	0	0
Other Current Debt	114 000	50 000	35 000	91 000
Total Current Debt	241 000	111 000	67 000	165 000
Total Equity and Debt	562 000	186 000	99 000	278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,64 %	204 %	−661,11 %	117,52 %
Debt-to-Equity Ratio	0	0	−2,78	−1,82
Operating Profit Margin	11,77 %	8,63 %	6,43 %	−10,62 %
Current Ratio	1,92	0,77	−0,01	1,08
Quick Ratio	1,92	0,77	−0,01	1,08
Equity Ratio	0,57	0,4	−0,18	−0,49
Gross Profit Margin	70,83 %	73,26 %	71,53 %	68,01 %