HIPAQ AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

73,33 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 601 000	10 750 000	18 067 000	3 751 000
Net Income	789 000	600 000	978 000	189 000
Total Assets	4 420 000	2 874 000	6 100 000	1 790 000
Total Equity	1 076 000	1 088 000	1 184 000	1 206 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 601 000	10 750 000	18 067 000	3 751 000
Expenditure	10 576 000	9 928 000	16 733 000	3 497 000
Operating Profit	1 026 000	821 000	1 334 000	253 000
Financial Income	0	0	6 000	1 000
Financial Costs	14 000	51 000	87 000	12 000
Financial Balance	−14 000	−51 000	−81 000	−11 000
Earnings Before Tax	1 011 000	770 000	1 254 000	242 000
Tax	222 000	170 000	276 000	53 000
Net Income	789 000	600 000	978 000	189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 420 000	2 874 000	6 100 000	1 790 000
Total Assets	4 420 000	2 874 000	6 100 000	1 790 000
Total Retained Equity	926 000	938 000	1 034 000	1 056 000
Total Equity	1 076 000	1 088 000	1 184 000	1 206 000
Total Long-Term Debt	0	3 000	4 000	5 000
Total Current Debt	3 344 000	1 783 000	4 912 000	579 000
Total Equity and Debt	4 420 000	2 874 000	6 100 000	1 790 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 601 000	10 750 000	18 067 000	3 751 000
Other Income	0	0	0	0
Revenue	11 601 000	10 750 000	18 067 000	3 751 000
Cost of Goods Sold	10 470 000	9 847 000	16 614 000	3 194 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 576 000	9 928 000	16 733 000	3 497 000
Operating Profit	1 026 000	821 000	1 334 000	253 000
Financial Income	0	0	6 000	1 000
Financial Costs	14 000	51 000	87 000	12 000
Financial Balance	−14 000	−51 000	−81 000	−11 000
Dividends	800 000	0	1 000 000	0
Net Income	789 000	600 000	978 000	189 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 406 000	2 579 000	5 390 000	839 000
Total Current Assets	4 420 000	2 874 000	6 100 000	1 790 000
Total Assets	4 420 000	2 874 000	6 100 000	1 790 000
Total Equity	1 076 000	1 088 000	1 184 000	1 206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	4 000	5 000
Creditors	2 098 000	135 000	2 399 000	326 000
Unpaid Taxes	313 000	604 000	1 170 000	0
Dividends	800 000	0	1 000 000	0
Other Current Debt	814 000	51 000	98 000	108 000
Total Current Debt	3 344 000	1 783 000	4 912 000	579 000
Total Equity and Debt	4 420 000	2 874 000	6 100 000	1 790 000

Financial indicators	2022	2021	2020	2019
Return on Equity	73,33 %	55,15 %	82,6 %	15,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,84 %	7,64 %	7,38 %	6,74 %
Current Ratio	1,32	1,61	1,24	3,09
Quick Ratio	1,32	1,61	1,24	3,09
Equity Ratio	0,24	0,38	0,19	0,67
Gross Profit Margin	9,75 %	8,4 %	8,04 %	14,85 %