HPOTECH NORD AS

9107 KVALØYA

Finances

Share Ownership

Return on Equity

220,59 %

Current Ratio

0,43

Debt-to-Equity Ratio

−2,71

Key figures (NOK)	2022	2021	2020
Revenue	367 000	521 000	152 000
Net Income	−75 000	13 000	−2 000
Total Assets	234 000	309 000	269 000
Total Equity	−34 000	41 000	28 000

Income (NOK)	2022	2021	2020
Revenue	367 000	521 000	152 000
Expenditure	441 000	494 000	147 000
Operating Profit	−74 000	27 000	5 000
Financial Income	0	0	0
Financial Costs	1 000	11 000	7 000
Financial Balance	−1 000	−11 000	−7 000
Earnings Before Tax	−75 000	16 000	−2 000
Tax	0	3 000	0
Net Income	−75 000	13 000	−2 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	159 000	197 000	179 000
Total Current Assets	75 000	112 000	90 000
Total Assets	234 000	309 000	269 000
Total Retained Equity	−64 000	11 000	−2 000
Total Equity	−34 000	41 000	28 000
Total Long-Term Debt	92 000	140 000	174 000
Total Current Debt	176 000	127 000	67 000
Total Equity and Debt	234 000	309 000	269 000

Cash flow (NOK)	2022	2021	2020
Sales Income	367 000	521 000	152 000
Other Income	0	0	0
Revenue	367 000	521 000	152 000
Cost of Goods Sold	0	0	−57 000
Salary Costs	301 000	262 000	175 000
Depreciation	39 000	39 000	11 000
Impairment	0	0	0
Expenditure	441 000	494 000	147 000
Operating Profit	−74 000	27 000	5 000
Financial Income	0	0	0
Financial Costs	1 000	11 000	7 000
Financial Balance	−1 000	−11 000	−7 000
Dividends	0	0	0
Net Income	−75 000	13 000	−2 000

Balance details (NOK)	2022	2021	2020
Goodwill	34 000	46 000	0
Total Intangible Assets	34 000	46 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	124 000	151 000	179 000
Total Tangible Assets	124 000	151 000	179 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	159 000	197 000	179 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	22 000	83 000	33 000
Total Current Assets	75 000	112 000	90 000
Total Assets	234 000	309 000	269 000
Total Equity	−34 000	41 000	28 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	92 000	140 000	174 000
Creditors	10 000	3 000	−12 000
Unpaid Taxes	55 000	37 000	26 000
Dividends	0	0	0
Other Current Debt	110 000	84 000	54 000
Total Current Debt	176 000	127 000	67 000
Total Equity and Debt	234 000	309 000	269 000

Financial indicators	2022	2021	2020
Return on Equity	220,59 %	31,71 %	−7,14 %
Debt-to-Equity Ratio	−2,71	3,41	6,21
Operating Profit Margin	−20,16 %	5,18 %	3,29 %
Current Ratio	0,43	0,88	1,34
Quick Ratio	0,43	0,88	1,34
Equity Ratio	−0,15	0,13	0,1
Gross Profit Margin	100 %	100 %	137,5 %