FINERE HAGE AS

0598 OSLO

Finances

Share Ownership

Return on Equity

82,7 %

Current Ratio

−0,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	5 912 000	2 741 000	804 000
Net Income	1 616 000	154 000	154 000
Total Assets	1 661 000	492 000	114 000
Total Equity	1 954 000	338 000	184 000

Income (NOK)	2022	2021	2020
Revenue	5 912 000	2 741 000	804 000
Expenditure	3 827 000	2 535 000	604 000
Operating Profit	2 085 000	206 000	201 000
Financial Income	0	0	0
Financial Costs	5 000	4 000	1 000
Financial Balance	−5 000	−4 000	−1 000
Earnings Before Tax	2 080 000	202 000	200 000
Tax	464 000	48 000	46 000
Net Income	1 616 000	154 000	154 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 639 000	434 000	0
Total Current Assets	22 000	59 000	114 000
Total Assets	1 661 000	492 000	114 000
Total Retained Equity	1 924 000	308 000	154 000
Total Equity	1 954 000	338 000	184 000
Total Long-Term Debt	0	0	0
Total Current Debt	−292 000	155 000	−70 000
Total Equity and Debt	1 661 000	492 000	114 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 912 000	2 741 000	804 000
Other Income	0	0	0
Revenue	5 912 000	2 741 000	804 000
Cost of Goods Sold	845 000	1 534 000	158 000
Salary Costs	1 159 000	412 000	230 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	3 827 000	2 535 000	604 000
Operating Profit	2 085 000	206 000	201 000
Financial Income	0	0	0
Financial Costs	5 000	4 000	1 000
Financial Balance	−5 000	−4 000	−1 000
Dividends	0	0	0
Net Income	1 616 000	154 000	154 000

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	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	1 639 000	434 000	0
Total Fixed Assets	1 639 000	434 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	22 000	1 000	69 000
Total Current Assets	22 000	59 000	114 000
Total Assets	1 661 000	492 000	114 000
Total Equity	1 954 000	338 000	184 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	18 000	−2 000	2 000
Unpaid Taxes	113 000	49 000	−7 000
Dividends	0	0	0
Other Current Debt	163 000	59 000	−111 000
Total Current Debt	−292 000	155 000	−70 000
Total Equity and Debt	1 661 000	492 000	114 000

Financial indicators	2022	2021	2020
Return on Equity	82,7 %	45,56 %	83,7 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	35,27 %	7,52 %	25 %
Current Ratio	−0,08	0,38	−1,63
Quick Ratio	−0,08	0,38	−1,63
Equity Ratio	1,18	0,69	1,61
Gross Profit Margin	85,71 %	44,04 %	80,35 %