HM SURF AS

1456 NESODDTANGEN

Finances

Share Ownership

Return on Equity

66,49 %

Current Ratio

3,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	3 046 000	1 817 000	2 288 000
Net Income	1 486 000	641 000	1 396 000
Total Assets	3 153 000	1 841 000	1 939 000
Total Equity	2 235 000	1 499 000	958 000

Income (NOK)	2022	2021	2020
Revenue	3 046 000	1 817 000	2 288 000
Expenditure	1 071 000	979 000	486 000
Operating Profit	1 975 000	838 000	1 801 000
Financial Income	1 000	0	8 000
Financial Costs	70 000	16 000	22 000
Financial Balance	−69 000	−16 000	−14 000
Earnings Before Tax	1 905 000	822 000	1 788 000
Tax	419 000	181 000	392 000
Net Income	1 486 000	641 000	1 396 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	13 000	25 000	440 000
Total Current Assets	3 140 000	1 816 000	1 500 000
Total Assets	3 153 000	1 841 000	1 939 000
Total Retained Equity	2 213 000	1 477 000	936 000
Total Equity	2 235 000	1 499 000	958 000
Total Long-Term Debt	2 000	6 000	0
Total Current Debt	915 000	335 000	982 000
Total Equity and Debt	3 153 000	1 841 000	1 939 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 858 000	1 594 000	2 209 000
Other Income	187 000	222 000	79 000
Revenue	3 046 000	1 817 000	2 288 000
Cost of Goods Sold	2 000	5 000	0
Salary Costs	961 000	833 000	415 000
Depreciation	11 000	6 000	4 000
Impairment	0	0	0
Expenditure	1 071 000	979 000	486 000
Operating Profit	1 975 000	838 000	1 801 000
Financial Income	1 000	0	8 000
Financial Costs	70 000	16 000	22 000
Financial Balance	−69 000	−16 000	−14 000
Dividends	750 000	100 000	460 000
Net Income	1 486 000	641 000	1 396 000

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	13 000	25 000	11 000
Total Tangible Assets	13 000	25 000	11 000
Total Fiancial Fixed Assets	0	0	428 000
Total Fixed Assets	13 000	25 000	440 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	2 246 000	394 000	909 000
Total Current Assets	3 140 000	1 816 000	1 500 000
Total Assets	3 153 000	1 841 000	1 939 000
Total Equity	2 235 000	1 499 000	958 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 000	6 000	0
Creditors	1 000	8 000	7 000
Unpaid Taxes	41 000	66 000	46 000
Dividends	750 000	100 000	460 000
Other Current Debt	450 000	86 000	77 000
Total Current Debt	915 000	335 000	982 000
Total Equity and Debt	3 153 000	1 841 000	1 939 000

Financial indicators	2022	2021	2020
Return on Equity	66,49 %	42,76 %	145,72 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	64,84 %	46,12 %	78,72 %
Current Ratio	3,43	5,42	1,53
Quick Ratio	3,43	5,42	1,53
Equity Ratio	0,71	0,81	0,49
Gross Profit Margin	99,93 %	99,72 %	100 %