HILLRINGSBERG ISLANDSHEST AS

2580 FOLLDAL

Finances

Share Ownership

Return on Equity

17,77 %

Current Ratio

0,42

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	200 000	160 000	169 000
Net Income	−113 000	−285 000	−269 000
Total Assets	789 000	568 000	186 000
Total Equity	−636 000	−523 000	−239 000

Income (NOK)	2022	2021	2020
Revenue	200 000	160 000	169 000
Expenditure	500 000	445 000	437 000
Operating Profit	−301 000	−285 000	−269 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−301 000	−285 000	−269 000
Tax	−188 000	0	0
Net Income	−113 000	−285 000	−269 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	188 000	0	0
Total Current Assets	601 000	568 000	186 000
Total Assets	789 000	568 000	186 000
Total Retained Equity	−666 000	−553 000	−269 000
Total Equity	−636 000	−523 000	−239 000
Total Long-Term Debt	0	0	0
Total Current Debt	1 424 000	1 092 000	425 000
Total Equity and Debt	789 000	568 000	186 000

Cash flow (NOK)	2022	2021	2020
Sales Income	200 000	160 000	169 000
Other Income	0	0	0
Revenue	200 000	160 000	169 000
Cost of Goods Sold	338 000	420 000	314 000
Salary Costs	0	10 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	500 000	445 000	437 000
Operating Profit	−301 000	−285 000	−269 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−113 000	−285 000	−269 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	188 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	188 000	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	389 000	539 000	111 000
Total Current Assets	601 000	568 000	186 000
Total Assets	789 000	568 000	186 000
Total Equity	−636 000	−523 000	−239 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	208 000	0	55 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	1 216 000	1 092 000	369 000
Total Current Debt	1 424 000	1 092 000	425 000
Total Equity and Debt	789 000	568 000	186 000

Financial indicators	2022	2021	2020
Return on Equity	17,77 %	54,49 %	112,55 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	−150,5 %	−178,13 %	−159,17 %
Current Ratio	0,42	0,52	0,44
Quick Ratio	0,42	0,52	0,44
Equity Ratio	−0,81	−0,92	−1,28
Gross Profit Margin	−69 %	−162,5 %	−85,8 %