HL SOLSKJERMING AS

3256 LARVIK

Finances

Share Ownership

Return on Equity

−17,06 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	440 000	1 024 000	1 001 000
Net Income	−29 000	191 000	33 000
Total Assets	170 000	420 000	194 000
Total Equity	170 000	249 000	58 000

Income (NOK)	2022	2021	2020
Revenue	440 000	1 024 000	1 001 000
Expenditure	470 000	779 000	960 000
Operating Profit	−30 000	245 000	42 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−30 000	245 000	42 000
Tax	−1 000	54 000	8 000
Net Income	−29 000	191 000	33 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 000	25 000	32 000
Total Current Assets	170 000	395 000	162 000
Total Assets	170 000	420 000	194 000
Total Retained Equity	146 000	225 000	33 000
Total Equity	170 000	249 000	58 000
Total Long-Term Debt	0	1 000	1 000
Total Current Debt	0	170 000	136 000
Total Equity and Debt	170 000	420 000	194 000

Cash flow (NOK)	2022	2021	2020
Sales Income	440 000	1 024 000	1 001 000
Other Income	0	0	0
Revenue	440 000	1 024 000	1 001 000
Cost of Goods Sold	340 000	603 000	725 000
Salary Costs	29 000	38 000	23 000
Depreciation	5 000	7 000	4 000
Impairment	0	0	0
Expenditure	470 000	779 000	960 000
Operating Profit	−30 000	245 000	42 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	50 000	0	0
Net Income	−29 000	191 000	33 000

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	0	25 000	32 000
Total Tangible Assets	0	25 000	32 000
Total Fiancial Fixed Assets	1 000	1 000	0
Total Fixed Assets	1 000	25 000	32 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	169 000	235 000	127 000
Total Current Assets	170 000	395 000	162 000
Total Assets	170 000	420 000	194 000
Total Equity	170 000	249 000	58 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	1 000	1 000
Creditors	0	88 000	118 000
Unpaid Taxes	0	24 000	7 000
Dividends	50 000	0	0
Other Current Debt	0	4 000	3 000
Total Current Debt	0	170 000	136 000
Total Equity and Debt	170 000	420 000	194 000

Financial indicators	2022	2021	2020
Return on Equity	−17,06 %	76,71 %	56,9 %
Debt-to-Equity Ratio	0	0	0,02
Operating Profit Margin	−6,82 %	23,93 %	4,2 %
Current Ratio	-	2,32	1,19
Quick Ratio	-	2,32	1,19
Equity Ratio	1	0,59	0,3
Gross Profit Margin	22,73 %	41,11 %	27,57 %