HIGH NORTH STUDIOS AS

9802 VESTRE JAKOBSELV

Finances

Share Ownership

Return on Equity

47,11 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	892 000	215 000	230 000	0
Net Income	57 000	0	52 000	−17 000
Total Assets	251 000	104 000	164 000	24 000
Total Equity	121 000	65 000	65 000	13 000

Income (NOK)	2022	2021	2020	2019
Revenue	892 000	215 000	230 000	0
Expenditure	816 000	212 000	164 000	17 000
Operating Profit	76 000	2 000	67 000	−17 000
Financial Income	5 000	0	0	0
Financial Costs	8 000	3 000	4 000	0
Financial Balance	−3 000	−3 000	−4 000	0
Earnings Before Tax	72 000	0	62 000	−17 000
Tax	16 000	0	10 000	0
Net Income	57 000	0	52 000	−17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	0	0	0
Total Current Assets	235 000	104 000	164 000	24 000
Total Assets	251 000	104 000	164 000	24 000
Total Retained Equity	91 000	35 000	35 000	−17 000
Total Equity	121 000	65 000	65 000	13 000
Total Long-Term Debt	1 000	0	63 000	0
Total Current Debt	128 000	39 000	36 000	12 000
Total Equity and Debt	251 000	104 000	164 000	24 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	892 000	215 000	230 000	0
Other Income	0	0	0	0
Revenue	892 000	215 000	230 000	0
Cost of Goods Sold	12 000	19 000	103 000	0
Salary Costs	706 000	110 000	0	0
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	816 000	212 000	164 000	17 000
Operating Profit	76 000	2 000	67 000	−17 000
Financial Income	5 000	0	0	0
Financial Costs	8 000	3 000	4 000	0
Financial Balance	−3 000	−3 000	−4 000	0
Dividends	0	0	0	0
Net Income	57 000	0	52 000	−17 000

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	15 000	0	0	0
Total Tangible Assets	15 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	167 000	103 000	164 000	24 000
Total Current Assets	235 000	104 000	164 000	24 000
Total Assets	251 000	104 000	164 000	24 000
Total Equity	121 000	65 000	65 000	13 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	63 000	0
Creditors	8 000	2 000	26 000	0
Unpaid Taxes	42 000	26 000	0	0
Dividends	0	0	0	0
Other Current Debt	64 000	10 000	0	12 000
Total Current Debt	128 000	39 000	36 000	12 000
Total Equity and Debt	251 000	104 000	164 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,11 %	0 %	80 %	−130,77 %
Debt-to-Equity Ratio	0,01	0	0,97	0
Operating Profit Margin	8,52 %	0,93 %	29,13 %	-
Current Ratio	1,84	2,67	4,56	2
Quick Ratio	1,84	2,67	4,56	2
Equity Ratio	0,48	0,63	0,4	0,54
Gross Profit Margin	98,65 %	91,16 %	55,22 %	-