HYFUEL AS

6900 FLORØ

Finances

Share Ownership

Return on Equity

−30,6 %

Current Ratio

4,03

Debt-to-Equity Ratio

1,13

Key figures (NOK)	2022	2021	2020
Revenue	50 000	0	0
Net Income	−1 458 000	−3 515 000	−66 000
Total Assets	11 082 000	442 000	550 000
Total Equity	4 765 000	−535 000	−36 000

Income (NOK)	2022	2021	2020
Revenue	50 000	0	0
Expenditure	1 318 000	3 507 000	64 000
Operating Profit	−1 268 000	−3 507 000	−64 000
Financial Income	1 000	0	0
Financial Costs	191 000	7 000	1 000
Financial Balance	−190 000	−7 000	−1 000
Earnings Before Tax	−1 458 000	−3 515 000	−66 000
Tax	0	0	0
Net Income	−1 458 000	−3 515 000	−66 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	7 383 000	0	327 000
Total Current Assets	3 699 000	442 000	223 000
Total Assets	11 082 000	442 000	550 000
Total Retained Equity	1 165 000	−3 580 000	−66 000
Total Equity	4 765 000	−535 000	−36 000
Total Long-Term Debt	5 400 000	300 000	200 000
Total Current Debt	917 000	677 000	386 000
Total Equity and Debt	11 082 000	442 000	550 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	50 000	0	0
Revenue	50 000	0	0
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 318 000	3 507 000	64 000
Operating Profit	−1 268 000	−3 507 000	−64 000
Financial Income	1 000	0	0
Financial Costs	191 000	7 000	1 000
Financial Balance	−190 000	−7 000	−1 000
Dividends	0	0	0
Net Income	−1 458 000	−3 515 000	−66 000

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	7 383 000	0	327 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	7 383 000	0	327 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	3 580 000	323 000	223 000
Total Current Assets	3 699 000	442 000	223 000
Total Assets	11 082 000	442 000	550 000
Total Equity	4 765 000	−535 000	−36 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	5 400 000	300 000	200 000
Creditors	855 000	670 000	386 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	63 000	7 000	0
Total Current Debt	917 000	677 000	386 000
Total Equity and Debt	11 082 000	442 000	550 000

Financial indicators	2022	2021	2020
Return on Equity	−30,6 %	657,01 %	183,33 %
Debt-to-Equity Ratio	1,13	−0,56	−5,56
Operating Profit Margin	−2 536 %	-	-
Current Ratio	4,03	0,65	0,58
Quick Ratio	4,03	0,65	0,58
Equity Ratio	0,43	−1,21	−0,07
Gross Profit Margin	100 %	-	-