H2INK AS

0277 OSLO

Finances

Return on Equity

130,38 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	206 875 000	183 906 000	165 486 000	161 463 000
Net Income	12 708 000	11 844 000	8 807 000	7 056 000
Total Assets	76 402 000	60 864 000	71 038 000	53 755 000
Total Equity	9 747 000	9 383 000	5 173 000	16 488 000

Income (NOK)	2022	2021	2020	2019
Revenue	206 875 000	183 906 000	165 486 000	161 463 000
Expenditure	190 871 000	168 778 000	154 360 000	152 589 000
Operating Profit	16 005 000	15 128 000	11 125 000	8 874 000
Financial Income	361 000	124 000	240 000	295 000
Financial Costs	90 000	60 000	73 000	110 000
Financial Balance	271 000	64 000	167 000	185 000
Earnings Before Tax	16 276 000	15 191 000	11 293 000	9 058 000
Tax	3 568 000	3 348 000	2 485 000	2 002 000
Net Income	12 708 000	11 844 000	8 807 000	7 056 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 976 000	1 915 000	6 804 000	7 167 000
Total Current Assets	74 425 000	58 948 000	64 234 000	46 588 000
Total Assets	76 402 000	60 864 000	71 038 000	53 755 000
Total Retained Equity	−3 428 000	−2 087 000	−5 327 000	1 826 000
Total Equity	9 747 000	9 383 000	5 173 000	16 488 000
Total Long-Term Debt	0	−4 000	−4 000	86 000
Total Current Debt	66 655 000	51 484 000	65 869 000	37 180 000
Total Equity and Debt	76 402 000	60 864 000	71 038 000	53 755 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	206 477 000	183 906 000	165 437 000	161 463 000
Other Income	398 000	0	49 000	0
Revenue	206 875 000	183 906 000	165 486 000	161 463 000
Cost of Goods Sold	52 080 000	48 828 000	50 834 000	54 654 000
Salary Costs	122 889 000	105 889 000	91 670 000	83 513 000
Depreciation	882 000	929 000	864 000	1 030 000
Impairment	0	0	0	0
Expenditure	190 871 000	168 778 000	154 360 000	152 589 000
Operating Profit	16 005 000	15 128 000	11 125 000	8 874 000
Financial Income	361 000	124 000	240 000	295 000
Financial Costs	90 000	60 000	73 000	110 000
Financial Balance	271 000	64 000	167 000	185 000
Dividends	17 055 000	10 000 000	0	0
Net Income	12 708 000	11 844 000	8 807 000	7 056 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	275 000	443 000	404 000	0
Total Intangible Assets	414 000	618 000	488 000	654 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 545 000	1 260 000	1 704 000	1 970 000
Total Tangible Assets	1 545 000	1 260 000	1 704 000	1 970 000
Total Fiancial Fixed Assets	17 000	38 000	4 613 000	4 544 000
Total Fixed Assets	1 976 000	1 915 000	6 804 000	7 167 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 157 000	19 596 000	30 452 000	21 379 000
Total Current Assets	74 425 000	58 948 000	64 234 000	46 588 000
Total Assets	76 402 000	60 864 000	71 038 000	53 755 000
Total Equity	9 747 000	9 383 000	5 173 000	16 488 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	−4 000	−4 000	86 000
Creditors	15 497 000	13 444 000	15 116 000	10 313 000
Unpaid Taxes	18 627 000	15 069 000	13 254 000	10 532 000
Dividends	17 055 000	10 000 000	0	0
Other Current Debt	16 944 000	19 533 000	35 008 000	14 629 000
Total Current Debt	66 655 000	51 484 000	65 869 000	37 180 000
Total Equity and Debt	76 402 000	60 864 000	71 038 000	53 755 000

Financial indicators	2022	2021	2020	2019
Return on Equity	130,38 %	126,23 %	170,25 %	42,79 %
Debt-to-Equity Ratio	0	−0	−0	0,01
Operating Profit Margin	7,74 %	8,23 %	6,72 %	5,5 %
Current Ratio	1,12	1,14	0,98	1,25
Quick Ratio	1,12	1,14	0,98	1,25
Equity Ratio	0,13	0,15	0,07	0,31
Gross Profit Margin	74,83 %	73,45 %	69,28 %	66,15 %