HOWART COMPLIANCE NORGE AS

0161 OSLO

Finances

Share Ownership

Return on Equity

−1,64 %

Current Ratio

1,06

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020
Revenue	7 137 000	4 821 000	840 000
Net Income	−3 000	98 000	64 000
Total Assets	1 273 000	911 000	217 000
Total Equity	183 000	186 000	118 000

Income (NOK)	2022	2021	2020
Revenue	7 137 000	4 821 000	840 000
Expenditure	7 126 000	4 695 000	760 000
Operating Profit	10 000	126 000	80 000
Financial Income	15 000	0	0
Financial Costs	14 000	0	0
Financial Balance	1 000	0	0
Earnings Before Tax	11 000	126 000	80 000
Tax	15 000	28 000	16 000
Net Income	−3 000	98 000	64 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	128 000	146 000	75 000
Total Current Assets	1 144 000	765 000	142 000
Total Assets	1 273 000	911 000	217 000
Total Retained Equity	159 000	162 000	64 000
Total Equity	183 000	186 000	118 000
Total Long-Term Debt	12 000	4 000	2 000
Total Current Debt	1 078 000	721 000	97 000
Total Equity and Debt	1 273 000	911 000	217 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 983 000	4 708 000	840 000
Other Income	154 000	113 000	0
Revenue	7 137 000	4 821 000	840 000
Cost of Goods Sold	6 670 000	4 197 000	613 000
Salary Costs	0	0	0
Depreciation	18 000	18 000	0
Impairment	0	0	0
Expenditure	7 126 000	4 695 000	760 000
Operating Profit	10 000	126 000	80 000
Financial Income	15 000	0	0
Financial Costs	14 000	0	0
Financial Balance	1 000	0	0
Dividends	0	0	0
Net Income	−3 000	98 000	64 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	53 000	71 000	0
Total Tangible Assets	53 000	71 000	0
Total Fiancial Fixed Assets	75 000	75 000	75 000
Total Fixed Assets	128 000	146 000	75 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	79 000	106 000	33 000
Total Current Assets	1 144 000	765 000	142 000
Total Assets	1 273 000	911 000	217 000
Total Equity	183 000	186 000	118 000
Short-Term Group Debt	1 000	1 000	6 000
Total Long-Term Debt	12 000	4 000	2 000
Creditors	1 022 000	665 000	0
Unpaid Taxes	0	2 000	20 000
Dividends	0	0	0
Other Current Debt	48 000	27 000	56 000
Total Current Debt	1 078 000	721 000	97 000
Total Equity and Debt	1 273 000	911 000	217 000

Financial indicators	2022	2021	2020
Return on Equity	−1,64 %	52,69 %	54,24 %
Debt-to-Equity Ratio	0,07	0,02	0,02
Operating Profit Margin	0,14 %	2,61 %	9,52 %
Current Ratio	1,06	1,06	1,46
Quick Ratio	1,06	1,06	1,46
Equity Ratio	0,14	0,2	0,54
Gross Profit Margin	6,54 %	12,94 %	27,02 %