HVELVET BISTRO AS

6300 ÅNDALSNES

Finances

Share Ownership

Return on Equity

111,11 %

Current Ratio

0,58

Debt-to-Equity Ratio

−0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 141 000	8 237 000	4 412 000	445 000
Net Income	−310 000	110 000	−87 000	−52 000
Total Assets	1 312 000	990 000	447 000	206 000
Total Equity	−279 000	31 000	−79 000	8 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 141 000	8 237 000	4 412 000	445 000
Expenditure	7 507 000	8 073 000	4 505 000	511 000
Operating Profit	−366 000	164 000	−93 000	−67 000
Financial Income	0	1 000	0	0
Financial Costs	30 000	24 000	17 000	0
Financial Balance	−30 000	−23 000	−17 000	0
Earnings Before Tax	−396 000	141 000	−110 000	−67 000
Tax	−87 000	32 000	−23 000	−15 000
Net Income	−310 000	110 000	−87 000	−52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	498 000	403 000	38 000	15 000
Total Current Assets	814 000	587 000	409 000	192 000
Total Assets	1 312 000	990 000	447 000	206 000
Total Retained Equity	−339 000	−29 000	−139 000	−52 000
Total Equity	−279 000	31 000	−79 000	8 000
Total Long-Term Debt	188 000	243 000	0	0
Total Current Debt	1 403 000	716 000	526 000	199 000
Total Equity and Debt	1 312 000	990 000	447 000	206 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 077 000	8 132 000	4 328 000	445 000
Other Income	64 000	105 000	84 000	0
Revenue	7 141 000	8 237 000	4 412 000	445 000
Cost of Goods Sold	3 197 000	3 576 000	1 879 000	249 000
Salary Costs	2 772 000	2 696 000	1 559 000	136 000
Depreciation	87 000	61 000	0	0
Impairment	0	0	0	0
Expenditure	7 507 000	8 073 000	4 505 000	511 000
Operating Profit	−366 000	164 000	−93 000	−67 000
Financial Income	0	1 000	0	0
Financial Costs	30 000	24 000	17 000	0
Financial Balance	−30 000	−23 000	−17 000	0
Dividends	0	0	0	0
Net Income	−310 000	110 000	−87 000	−52 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	93 000	7 000	38 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	404 000	396 000	0	0
Total Tangible Assets	404 000	396 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	498 000	403 000	38 000	15 000
Stock	189 000	122 000	87 000	35 000
Total Investments	0	2 000	2 000	0
Cash, Bank	182 000	183 000	90 000	124 000
Total Current Assets	814 000	587 000	409 000	192 000
Total Assets	1 312 000	990 000	447 000	206 000
Total Equity	−279 000	31 000	−79 000	8 000
Short-Term Group Debt	0	0	16 000	0
Total Long-Term Debt	188 000	243 000	0	0
Creditors	303 000	72 000	200 000	91 000
Unpaid Taxes	201 000	191 000	143 000	79 000
Dividends	0	0	0	0
Other Current Debt	898 000	452 000	167 000	28 000
Total Current Debt	1 403 000	716 000	526 000	199 000
Total Equity and Debt	1 312 000	990 000	447 000	206 000

Financial indicators	2022	2021	2020	2019
Return on Equity	111,11 %	354,84 %	110,13 %	−650 %
Debt-to-Equity Ratio	−0,67	7,84	−0	0
Operating Profit Margin	−5,13 %	1,99 %	−2,11 %	−15,06 %
Current Ratio	0,58	0,82	0,78	0,96
Quick Ratio	0,67	0,99	0,93	1,17
Equity Ratio	−0,21	0,03	−0,18	0,04
Gross Profit Margin	55,23 %	56,59 %	57,41 %	44,04 %