HVACSOLUTIONS AS

4154 AUSTRE ÅMØY

Finances

Share Ownership

Return on Equity

−362,96 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	676 000	1 583 000	255 000	0
Net Income	−98 000	94 000	14 000	−7 000
Total Assets	247 000	424 000	257 000	27 000
Total Equity	27 000	125 000	31 000	18 000

Income (NOK)	2022	2021	2020	2019
Revenue	676 000	1 583 000	255 000	0
Expenditure	774 000	1 461 000	237 000	10 000
Operating Profit	−98 000	122 000	18 000	−10 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	−98 000	120 000	18 000	−10 000
Tax	0	26 000	4 000	−3 000
Net Income	−98 000	94 000	14 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	3 000	3 000	3 000
Total Current Assets	232 000	421 000	254 000	25 000
Total Assets	247 000	424 000	257 000	27 000
Total Retained Equity	3 000	101 000	7 000	−7 000
Total Equity	27 000	125 000	31 000	18 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	220 000	298 000	226 000	10 000
Total Equity and Debt	247 000	424 000	257 000	27 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	676 000	1 583 000	255 000	0
Other Income	0	0	0	0
Revenue	676 000	1 583 000	255 000	0
Cost of Goods Sold	0	30 000	7 000	0
Salary Costs	723 000	1 306 000	157 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	774 000	1 461 000	237 000	10 000
Operating Profit	−98 000	122 000	18 000	−10 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	−98 000	94 000	14 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	3 000	3 000	3 000
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	12 000	0	0	0
Total Fixed Assets	15 000	3 000	3 000	3 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	153 000	263 000	105 000	25 000
Total Current Assets	232 000	421 000	254 000	25 000
Total Assets	247 000	424 000	257 000	27 000
Total Equity	27 000	125 000	31 000	18 000
Short-Term Group Debt	0	0	91 000	0
Total Long-Term Debt	0	0	0	0
Creditors	13 000	15 000	4 000	0
Unpaid Taxes	68 000	129 000	102 000	0
Dividends	0	0	0	0
Other Current Debt	116 000	128 000	25 000	10 000
Total Current Debt	220 000	298 000	226 000	10 000
Total Equity and Debt	247 000	424 000	257 000	27 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−362,96 %	75,2 %	45,16 %	−38,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−14,5 %	7,71 %	7,06 %	-
Current Ratio	1,05	1,41	1,12	2,5
Quick Ratio	1,05	1,41	1,12	2,5
Equity Ratio	0,11	0,29	0,12	0,67
Gross Profit Margin	100 %	98,1 %	97,25 %	-