HIPAS AS

1454 FAGERSTRAND

Finances

Return on Equity

20 %

Current Ratio

N/A

Debt-to-Equity Ratio

35,93

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	3 000	−6 000	−6 000	−7 000
Total Assets	554 000	551 000	551 000	570 000
Total Equity	15 000	12 000	18 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	0	6 000	6 000	6 000
Operating Profit	0	−6 000	−6 000	−6 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Earnings Before Tax	−1 000	−6 000	−6 000	−7 000
Tax	−4 000	0	0	0
Net Income	3 000	−6 000	−6 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	554 000	550 000	550 000	540 000
Total Current Assets	0	1 000	0	30 000
Total Assets	554 000	551 000	551 000	570 000
Total Retained Equity	−15 000	−18 000	−12 000	−7 000
Total Equity	15 000	12 000	18 000	23 000
Total Long-Term Debt	539 000	539 000	533 000	540 000
Total Current Debt	0	0	0	7 000
Total Equity and Debt	554 000	551 000	551 000	570 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	6 000	6 000	6 000
Operating Profit	0	−6 000	−6 000	−6 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	3 000	−6 000	−6 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	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	550 000	550 000	550 000	540 000
Total Fixed Assets	554 000	550 000	550 000	540 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	1 000	0	30 000
Total Current Assets	0	1 000	0	30 000
Total Assets	554 000	551 000	551 000	570 000
Total Equity	15 000	12 000	18 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	539 000	539 000	533 000	540 000
Creditors	0	0	0	7 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	0	0	0	7 000
Total Equity and Debt	554 000	551 000	551 000	570 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20 %	−50 %	−33,33 %	−30,43 %
Debt-to-Equity Ratio	35,93	44,92	29,61	23,48
Operating Profit Margin	-	-	-	-
Current Ratio	-	-	-	4,29
Quick Ratio	-	-	-	4,29
Equity Ratio	0,03	0,02	0,03	0,04
Gross Profit Margin	-	-	-	-