HARDANGER CHIPS AS

3770 KRAGERØ

Finances

Return on Equity

−24,7 %

Current Ratio

8,61

Debt-to-Equity Ratio

0,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	65 000	3 782 000	16 862 000	143 129 000
Net Income	−2 719 000	10 590 000	−8 723 000	−17 153 000
Total Assets	21 697 000	25 290 000	19 111 000	102 703 000
Total Equity	11 008 000	13 728 000	6 752 000	13 654 000

Income (NOK)	2022	2021	2020	2019
Revenue	65 000	3 782 000	16 862 000	143 129 000
Expenditure	2 800 000	2 339 000	25 033 000	165 185 000
Operating Profit	−2 734 000	1 443 000	−8 171 000	−22 056 000
Financial Income	836 000	9 629 000	955 000	3 801 000
Financial Costs	1 165 000	139 000	1 389 000	4 845 000
Financial Balance	−329 000	9 490 000	−434 000	−1 044 000
Earnings Before Tax	−3 063 000	10 933 000	−8 606 000	−23 100 000
Tax	−344 000	344 000	118 000	−5 946 000
Net Income	−2 719 000	10 590 000	−8 723 000	−17 153 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 360 000	11 112 000	15 714 000	78 449 000
Total Current Assets	11 337 000	14 178 000	3 397 000	24 254 000
Total Assets	21 697 000	25 290 000	19 111 000	102 703 000
Total Retained Equity	10 193 000	12 913 000	5 937 000	12 839 000
Total Equity	11 008 000	13 728 000	6 752 000	13 654 000
Total Long-Term Debt	9 372 000	10 147 000	8 489 000	57 916 000
Total Current Debt	1 317 000	1 415 000	3 870 000	31 133 000
Total Equity and Debt	21 697 000	25 290 000	19 111 000	102 703 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	65 000	2 291 000	9 175 000	140 514 000
Other Income	0	1 491 000	7 687 000	2 615 000
Revenue	65 000	3 782 000	16 862 000	143 129 000
Cost of Goods Sold	0	26 000	0	94 046 000
Salary Costs	0	0	21 000	25 410 000
Depreciation	1 080 000	547 000	2 450 000	7 784 000
Impairment	1 343 000	0	0	10 178 000
Expenditure	2 800 000	2 339 000	25 033 000	165 185 000
Operating Profit	−2 734 000	1 443 000	−8 171 000	−22 056 000
Financial Income	836 000	9 629 000	955 000	3 801 000
Financial Costs	1 165 000	139 000	1 389 000	4 845 000
Financial Balance	−329 000	9 490 000	−434 000	−1 044 000
Dividends	0	0	0	0
Net Income	−2 719 000	10 590 000	−8 723 000	−17 153 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	943 000
Total Intangible Assets	130 000	0	0	943 000
Real Eastate	0	0	0	23 028 000
Machinery and Plant Facilities	0	0	0	12 000
Fixtures	94 000	122 000	628 000	1 029 000
Total Tangible Assets	7 712 000	10 106 000	9 807 000	70 325 000
Total Fiancial Fixed Assets	2 519 000	1 007 000	5 908 000	7 181 000
Total Fixed Assets	10 360 000	11 112 000	15 714 000	78 449 000
Stock	0	0	0	2 315 000
Total Investments	0	0	0	0
Cash, Bank	2 932 000	3 144 000	1 496 000	9 096 000
Total Current Assets	11 337 000	14 178 000	3 397 000	24 254 000
Total Assets	21 697 000	25 290 000	19 111 000	102 703 000
Total Equity	11 008 000	13 728 000	6 752 000	13 654 000
Short-Term Group Debt	0	15 000	0	0
Total Long-Term Debt	9 372 000	10 147 000	8 489 000	57 916 000
Creditors	503 000	409 000	2 758 000	18 652 000
Unpaid Taxes	13 000	84 000	108 000	2 216 000
Dividends	0	0	0	0
Other Current Debt	801 000	908 000	886 000	7 087 000
Total Current Debt	1 317 000	1 415 000	3 870 000	31 133 000
Total Equity and Debt	21 697 000	25 290 000	19 111 000	102 703 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,7 %	77,14 %	−129,19 %	−125,63 %
Debt-to-Equity Ratio	0,85	0,74	1,26	4,24
Operating Profit Margin	−4 206,15 %	38,15 %	−48,46 %	−15,41 %
Current Ratio	8,61	10,02	0,88	0,78
Quick Ratio	8,61	10,02	0,88	0,84
Equity Ratio	0,51	0,54	0,35	0,13
Gross Profit Margin	100 %	99,31 %	100 %	34,29 %