HYDROMAGIC FARMS NORGE AS

3126 TØNSBERG

Finances

Share Ownership

Return on Equity

−6,22 %

Current Ratio

31,25

Debt-to-Equity Ratio

−2,9

Key figures (NOK)	2022	2021	2020
Revenue	300 000	100 000	0
Net Income	15 000	−275 000	−81 000
Total Assets	472 000	69 000	23 000
Total Equity	−241 000	−255 000	19 000

Income (NOK)	2022	2021	2020
Revenue	300 000	100 000	0
Expenditure	382 000	375 000	81 000
Operating Profit	−81 000	−275 000	−81 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−81 000	−275 000	−81 000
Tax	−96 000	0	0
Net Income	15 000	−275 000	−81 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	96 000	0	0
Total Current Assets	375 000	69 000	23 000
Total Assets	472 000	69 000	23 000
Total Retained Equity	−341 000	−355 000	−81 000
Total Equity	−241 000	−255 000	19 000
Total Long-Term Debt	700 000	300 000	0
Total Current Debt	12 000	24 000	3 000
Total Equity and Debt	472 000	69 000	23 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	300 000	100 000	0
Revenue	300 000	100 000	0
Cost of Goods Sold	0	0	0
Salary Costs	146 000	1 000	4 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	382 000	375 000	81 000
Operating Profit	−81 000	−275 000	−81 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	15 000	−275 000	−81 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	96 000	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	96 000	0	0
Stock	0	0	0
Total Investments	0	0	23 000
Cash, Bank	375 000	69 000	0
Total Current Assets	375 000	69 000	23 000
Total Assets	472 000	69 000	23 000
Total Equity	−241 000	−255 000	19 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	700 000	300 000	0
Creditors	5 000	20 000	0
Unpaid Taxes	−6 000	0	0
Dividends	0	0	0
Other Current Debt	13 000	4 000	3 000
Total Current Debt	12 000	24 000	3 000
Total Equity and Debt	472 000	69 000	23 000

Financial indicators	2022	2021	2020
Return on Equity	−6,22 %	107,84 %	−426,32 %
Debt-to-Equity Ratio	−2,9	−1,18	0
Operating Profit Margin	−27 %	−275 %	-
Current Ratio	31,25	2,88	7,67
Quick Ratio	31,25	2,88	7,67
Equity Ratio	−0,51	−3,7	0,83
Gross Profit Margin	100 %	100 %	-