HIVA AS

7519 ELVARLI

Finances

Share Ownership

Return on Equity

60,96 %

Current Ratio

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	800 000	735 000	468 000	497 000
Net Income	292 000	181 000	58 000	36 000
Total Assets	873 000	759 000	811 000	725 000
Total Equity	479 000	187 000	7 000	−52 000

Income (NOK)	2022	2021	2020	2019
Revenue	800 000	735 000	468 000	497 000
Expenditure	476 000	510 000	344 000	407 000
Operating Profit	325 000	225 000	125 000	91 000
Financial Income	0	0	0	0
Financial Costs	33 000	44 000	67 000	55 000
Financial Balance	−33 000	−44 000	−67 000	−55 000
Earnings Before Tax	292 000	181 000	58 000	36 000
Tax	0	0	0	0
Net Income	292 000	181 000	58 000	36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	4 000	50 000	96 000
Total Current Assets	873 000	755 000	761 000	629 000
Total Assets	873 000	759 000	811 000	725 000
Total Retained Equity	379 000	87 000	−93 000	−152 000
Total Equity	479 000	187 000	7 000	−52 000
Total Long-Term Debt	176 000	247 000	311 000	348 000
Total Current Debt	218 000	325 000	494 000	428 000
Total Equity and Debt	873 000	759 000	811 000	725 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	412 000	405 000	183 000	244 000
Other Income	388 000	330 000	285 000	254 000
Revenue	800 000	735 000	468 000	497 000
Cost of Goods Sold	324 000	333 000	150 000	220 000
Salary Costs	1 000	1 000	1 000	7 000
Depreciation	4 000	46 000	46 000	42 000
Impairment	0	0	0	0
Expenditure	476 000	510 000	344 000	407 000
Operating Profit	325 000	225 000	125 000	91 000
Financial Income	0	0	0	0
Financial Costs	33 000	44 000	67 000	55 000
Financial Balance	−33 000	−44 000	−67 000	−55 000
Dividends	0	0	0	0
Net Income	292 000	181 000	58 000	36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	4 000	50 000	96 000
Total Tangible Assets	0	4 000	50 000	96 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	4 000	50 000	96 000
Stock	796 000	701 000	654 000	581 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	873 000	755 000	761 000	629 000
Total Assets	873 000	759 000	811 000	725 000
Total Equity	479 000	187 000	7 000	−52 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	176 000	247 000	311 000	348 000
Creditors	4 000	20 000	11 000	13 000
Unpaid Taxes	11 000	21 000	31 000	5 000
Dividends	0	0	0	0
Other Current Debt	2 000	6 000	0	6 000
Total Current Debt	218 000	325 000	494 000	428 000
Total Equity and Debt	873 000	759 000	811 000	725 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,96 %	96,79 %	828,57 %	−69,23 %
Debt-to-Equity Ratio	0,37	1,32	44,43	−6,69
Operating Profit Margin	40,63 %	30,61 %	26,71 %	18,31 %
Current Ratio	4	2,32	1,54	1,47
Quick Ratio	−1,51	−2,01	−4,76	−4,11
Equity Ratio	0,55	0,25	0,01	−0,07
Gross Profit Margin	59,5 %	54,69 %	67,95 %	55,73 %