NORSKE HAGEHUS AS

6879 SOLVORN

Finances

Share Ownership

Return on Equity

7,27 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,67

Key figures (NOK)	2022	2021	2020
Revenue	343 000	632 000	135 000
Net Income	4 000	26 000	−5 000
Total Assets	260 000	237 000	161 000
Total Equity	55 000	51 000	25 000

Income (NOK)	2022	2021	2020
Revenue	343 000	632 000	135 000
Expenditure	337 000	600 000	140 000
Operating Profit	6 000	32 000	−5 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	6 000	32 000	−5 000
Tax	2 000	6 000	0
Net Income	4 000	26 000	−5 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	9 000	16 000	0
Total Current Assets	251 000	221 000	161 000
Total Assets	260 000	237 000	161 000
Total Retained Equity	25 000	21 000	−5 000
Total Equity	55 000	51 000	25 000
Total Long-Term Debt	37 000	4 000	5 000
Total Current Debt	168 000	182 000	132 000
Total Equity and Debt	260 000	237 000	161 000

Cash flow (NOK)	2022	2021	2020
Sales Income	343 000	572 000	135 000
Other Income	0	60 000	0
Revenue	343 000	632 000	135 000
Cost of Goods Sold	0	231 000	18 000
Salary Costs	184 000	256 000	97 000
Depreciation	7 000	6 000	0
Impairment	0	0	0
Expenditure	337 000	600 000	140 000
Operating Profit	6 000	32 000	−5 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	4 000	26 000	−5 000

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	9 000	16 000	0
Total Tangible Assets	9 000	16 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	9 000	16 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	251 000	221 000	157 000
Total Current Assets	251 000	221 000	161 000
Total Assets	260 000	237 000	161 000
Total Equity	55 000	51 000	25 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	37 000	4 000	5 000
Creditors	0	0	22 000
Unpaid Taxes	145 000	139 000	58 000
Dividends	0	0	0
Other Current Debt	21 000	37 000	51 000
Total Current Debt	168 000	182 000	132 000
Total Equity and Debt	260 000	237 000	161 000

Financial indicators	2022	2021	2020
Return on Equity	7,27 %	50,98 %	−20 %
Debt-to-Equity Ratio	0,67	0,08	0,2
Operating Profit Margin	1,75 %	5,06 %	−3,7 %
Current Ratio	1,49	1,21	1,22
Quick Ratio	1,49	1,21	1,22
Equity Ratio	0,21	0,22	0,16
Gross Profit Margin	100 %	63,45 %	86,67 %