H2 LADE AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

485,27 %

Current Ratio

0,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 803 000	8 747 000	6 901 000	3 198 000
Net Income	626 000	789 000	891 000	72 000
Total Assets	4 805 000	3 658 000	3 100 000	866 000
Total Equity	129 000	134 000	229 000	202 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 803 000	8 747 000	6 901 000	3 198 000
Expenditure	10 044 000	7 738 000	5 758 000	3 111 000
Operating Profit	758 000	1 009 000	1 143 000	86 000
Financial Income	47 000	4 000	5 000	8 000
Financial Costs	2 000	1 000	2 000	2 000
Financial Balance	45 000	3 000	3 000	6 000
Earnings Before Tax	803 000	1 012 000	1 146 000	92 000
Tax	177 000	223 000	254 000	20 000
Net Income	626 000	789 000	891 000	72 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	268 000	310 000	258 000	21 000
Total Current Assets	4 538 000	3 348 000	2 842 000	845 000
Total Assets	4 805 000	3 658 000	3 100 000	866 000
Total Retained Equity	26 000	31 000	126 000	99 000
Total Equity	129 000	134 000	229 000	202 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 677 000	3 524 000	2 871 000	665 000
Total Equity and Debt	4 805 000	3 658 000	3 100 000	866 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 803 000	8 744 000	6 901 000	3 037 000
Other Income	0	3 000	0	161 000
Revenue	10 803 000	8 747 000	6 901 000	3 198 000
Cost of Goods Sold	1 720 000	1 333 000	861 000	429 000
Salary Costs	6 409 000	4 719 000	3 568 000	1 941 000
Depreciation	67 000	61 000	23 000	0
Impairment	0	0	0	0
Expenditure	10 044 000	7 738 000	5 758 000	3 111 000
Operating Profit	758 000	1 009 000	1 143 000	86 000
Financial Income	47 000	4 000	5 000	8 000
Financial Costs	2 000	1 000	2 000	2 000
Financial Balance	45 000	3 000	3 000	6 000
Dividends	0	0	0	0
Net Income	626 000	789 000	891 000	72 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	8 000	11 000	21 000
Real Eastate	257 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	291 000	238 000	0
Total Tangible Assets	257 000	291 000	238 000	0
Total Fiancial Fixed Assets	1 000	10 000	10 000	0
Total Fixed Assets	268 000	310 000	258 000	21 000
Stock	497 000	481 000	496 000	0
Total Investments	0	0	0	0
Cash, Bank	3 704 000	2 578 000	2 227 000	648 000
Total Current Assets	4 538 000	3 348 000	2 842 000	845 000
Total Assets	4 805 000	3 658 000	3 100 000	866 000
Total Equity	129 000	134 000	229 000	202 000
Short-Term Group Debt	2 057 000	1 249 000	1 108 000	0
Total Long-Term Debt	0	0	0	0
Creditors	477 000	567 000	212 000	81 000
Unpaid Taxes	639 000	568 000	481 000	209 000
Dividends	0	0	0	0
Other Current Debt	1 504 000	1 140 000	1 071 000	360 000
Total Current Debt	4 677 000	3 524 000	2 871 000	665 000
Total Equity and Debt	4 805 000	3 658 000	3 100 000	866 000

Financial indicators	2022	2021	2020	2019
Return on Equity	485,27 %	588,81 %	389,08 %	35,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,02 %	11,54 %	16,56 %	2,69 %
Current Ratio	0,97	0,95	0,99	1,27
Quick Ratio	1,09	1,1	1,2	1,27
Equity Ratio	0,03	0,04	0,07	0,23
Gross Profit Margin	84,08 %	84,76 %	87,52 %	86,59 %