FIRST PROMOTION AS

5108 HORDVIK

Finances

Share Ownership

Return on Equity

1,79 %

Current Ratio

6,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 000	245 000	188 000	77 000
Net Income	1 000	89 000	−36 000	22 000
Total Assets	67 000	148 000	17 000	78 000
Total Equity	56 000	55 000	16 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 000	245 000	188 000	77 000
Expenditure	57 000	136 000	223 000	49 000
Operating Profit	2 000	108 000	−35 000	28 000
Financial Income	0	1 000	0	0
Financial Costs	0	5 000	1 000	0
Financial Balance	0	−4 000	−1 000	0
Earnings Before Tax	1 000	104 000	−36 000	28 000
Tax	0	15 000	0	6 000
Net Income	1 000	89 000	−36 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	67 000	148 000	17 000	78 000
Total Assets	67 000	148 000	17 000	78 000
Total Retained Equity	26 000	25 000	−14 000	22 000
Total Equity	56 000	55 000	16 000	52 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	11 000	93 000	1 000	26 000
Total Equity and Debt	67 000	148 000	17 000	78 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 000	245 000	188 000	77 000
Other Income	0	0	0	0
Revenue	58 000	245 000	188 000	77 000
Cost of Goods Sold	39 000	118 000	121 000	41 000
Salary Costs	11 000	0	15 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	57 000	136 000	223 000	49 000
Operating Profit	2 000	108 000	−35 000	28 000
Financial Income	0	1 000	0	0
Financial Costs	0	5 000	1 000	0
Financial Balance	0	−4 000	−1 000	0
Dividends	0	50 000	0	0
Net Income	1 000	89 000	−36 000	22 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	67 000	20 000	14 000	57 000
Total Current Assets	67 000	148 000	17 000	78 000
Total Assets	67 000	148 000	17 000	78 000
Total Equity	56 000	55 000	16 000	52 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	11 000
Unpaid Taxes	11 000	28 000	0	9 000
Dividends	0	50 000	0	0
Other Current Debt	0	50 000	0	0
Total Current Debt	11 000	93 000	1 000	26 000
Total Equity and Debt	67 000	148 000	17 000	78 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,79 %	161,82 %	−225 %	42,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,45 %	44,08 %	−18,62 %	36,36 %
Current Ratio	6,09	1,59	17	3
Quick Ratio	6,09	1,59	17	3
Equity Ratio	0,84	0,37	0,94	0,67
Gross Profit Margin	32,76 %	51,84 %	35,64 %	46,75 %