HIK-POWERPRODUCTS AS

1358 JAR

Finances

Share Ownership

Return on Equity

−27,47 %

Current Ratio

0,3

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	1 323 000	1 090 000	254 000
Net Income	64 000	−268 000	−59 000
Total Assets	408 000	99 000	171 000
Total Equity	−233 000	−297 000	−29 000

Income (NOK)	2022	2021	2020
Revenue	1 323 000	1 090 000	254 000
Expenditure	1 257 000	1 357 000	313 000
Operating Profit	66 000	−268 000	−59 000
Financial Income	0	0	0
Financial Costs	2 000	0	0
Financial Balance	−2 000	0	0
Earnings Before Tax	64 000	−268 000	−59 000
Tax	0	0	0
Net Income	64 000	−268 000	−59 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	215 000	0	0
Total Current Assets	193 000	99 000	171 000
Total Assets	408 000	99 000	171 000
Total Retained Equity	−263 000	−327 000	−59 000
Total Equity	−233 000	−297 000	−29 000
Total Long-Term Debt	0	0	0
Total Current Debt	641 000	396 000	200 000
Total Equity and Debt	408 000	99 000	171 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 323 000	1 090 000	254 000
Other Income	0	0	0
Revenue	1 323 000	1 090 000	254 000
Cost of Goods Sold	0	0	0
Salary Costs	34 000	0	0
Depreciation	54 000	0	0
Impairment	0	0	0
Expenditure	1 257 000	1 357 000	313 000
Operating Profit	66 000	−268 000	−59 000
Financial Income	0	0	0
Financial Costs	2 000	0	0
Financial Balance	−2 000	0	0
Dividends	0	0	0
Net Income	64 000	−268 000	−59 000

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	215 000	0	0
Fixtures	0	0	0
Total Tangible Assets	215 000	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	215 000	0	0
Stock	0	7 000	7 000
Total Investments	0	0	0
Cash, Bank	36 000	58 000	161 000
Total Current Assets	193 000	99 000	171 000
Total Assets	408 000	99 000	171 000
Total Equity	−233 000	−297 000	−29 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	381 000	26 000	184 000
Unpaid Taxes	−31 000	−27 000	16 000
Dividends	0	0	0
Other Current Debt	79 000	397 000	0
Total Current Debt	641 000	396 000	200 000
Total Equity and Debt	408 000	99 000	171 000

Financial indicators	2022	2021	2020
Return on Equity	−27,47 %	90,24 %	203,45 %
Debt-to-Equity Ratio	−0	−0	−0
Operating Profit Margin	4,99 %	−24,59 %	−23,23 %
Current Ratio	0,3	0,25	0,86
Quick Ratio	0,3	0,25	0,89
Equity Ratio	−0,57	−3	−0,17
Gross Profit Margin	100 %	100 %	100 %