HSE ONSHORE AS

3085 HOLMESTRAND

Finances

Share Ownership

Return on Equity

106,9 %

Current Ratio

3,58

Debt-to-Equity Ratio

1,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	602 000	135 000	126 000	29 000
Net Income	62 000	−25 000	2 000	−11 000
Total Assets	197 000	129 000	155 000	146 000
Total Equity	58 000	−4 000	21 000	19 000

Income (NOK)	2022	2021	2020	2019
Revenue	602 000	135 000	126 000	29 000
Expenditure	522 000	168 000	124 000	43 000
Operating Profit	80 000	−33 000	3 000	−14 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	80 000	−33 000	3 000	−14 000
Tax	18 000	−7 000	1 000	−3 000
Net Income	62 000	−25 000	2 000	−11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	52 000	65 000	86 000
Total Current Assets	172 000	77 000	90 000	60 000
Total Assets	197 000	129 000	155 000	146 000
Total Retained Equity	28 000	−34 000	−9 000	−11 000
Total Equity	58 000	−4 000	21 000	19 000
Total Long-Term Debt	91 000	84 000	85 000	85 000
Total Current Debt	48 000	49 000	49 000	42 000
Total Equity and Debt	197 000	129 000	155 000	146 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	602 000	135 000	126 000	29 000
Other Income	0	0	0	0
Revenue	602 000	135 000	126 000	29 000
Cost of Goods Sold	289 000	0	0	0
Salary Costs	70 000	63 000	63 000	19 000
Depreciation	21 000	21 000	21 000	3 000
Impairment	0	0	0	0
Expenditure	522 000	168 000	124 000	43 000
Operating Profit	80 000	−33 000	3 000	−14 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	62 000	−25 000	2 000	−11 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	10 000	3 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	21 000	42 000	63 000	83 000
Total Tangible Assets	21 000	42 000	63 000	83 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	25 000	52 000	65 000	86 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	165 000	52 000	72 000	37 000
Total Current Assets	172 000	77 000	90 000	60 000
Total Assets	197 000	129 000	155 000	146 000
Total Equity	58 000	−4 000	21 000	19 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	91 000	84 000	85 000	85 000
Creditors	24 000	10 000	7 000	16 000
Unpaid Taxes	7 000	33 000	35 000	10 000
Dividends	0	0	0	0
Other Current Debt	6 000	6 000	6 000	16 000
Total Current Debt	48 000	49 000	49 000	42 000
Total Equity and Debt	197 000	129 000	155 000	146 000

Financial indicators	2022	2021	2020	2019
Return on Equity	106,9 %	625 %	9,52 %	−57,89 %
Debt-to-Equity Ratio	1,57	−21	4,05	4,47
Operating Profit Margin	13,29 %	−24,44 %	2,38 %	−48,28 %
Current Ratio	3,58	1,57	1,84	1,43
Quick Ratio	3,58	1,57	1,84	1,43
Equity Ratio	0,29	−0,03	0,14	0,13
Gross Profit Margin	51,99 %	100 %	100 %	100 %