HWH ENERGIMEGLING AS

5013 BERGEN

Finances

Return on Equity

−54,33 %

Current Ratio

3,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 391 000	6 887 000	8 847 000	6 364 000
Net Income	−1 863 000	−364 000	979 000	−421 000
Total Assets	4 666 000	6 603 000	8 804 000	6 611 000
Total Equity	3 429 000	5 292 000	6 356 000	5 378 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 391 000	6 887 000	8 847 000	6 364 000
Expenditure	7 258 000	7 742 000	7 937 000	7 077 000
Operating Profit	−1 867 000	−855 000	910 000	−713 000
Financial Income	237 000	311 000	389 000	179 000
Financial Costs	0	43 000	0	26 000
Financial Balance	237 000	268 000	389 000	153 000
Earnings Before Tax	−1 631 000	−587 000	1 299 000	−561 000
Tax	233 000	−223 000	320 000	−140 000
Net Income	−1 863 000	−364 000	979 000	−421 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	277 000	107 000	328 000
Total Current Assets	4 665 000	6 326 000	8 696 000	6 283 000
Total Assets	4 666 000	6 603 000	8 804 000	6 611 000
Total Retained Equity	3 303 000	5 166 000	6 206 000	5 228 000
Total Equity	3 429 000	5 292 000	6 356 000	5 378 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 236 000	1 311 000	2 447 000	1 234 000
Total Equity and Debt	4 666 000	6 603 000	8 804 000	6 611 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 391 000	6 887 000	8 847 000	6 364 000
Other Income	0	0	0	0
Revenue	5 391 000	6 887 000	8 847 000	6 364 000
Cost of Goods Sold	0	0	0	0
Salary Costs	5 519 000	6 034 000	6 064 000	5 400 000
Depreciation	14 000	23 000	56 000	42 000
Impairment	0	0	0	0
Expenditure	7 258 000	7 742 000	7 937 000	7 077 000
Operating Profit	−1 867 000	−855 000	910 000	−713 000
Financial Income	237 000	311 000	389 000	179 000
Financial Costs	0	43 000	0	26 000
Financial Balance	237 000	268 000	389 000	153 000
Dividends	0	0	0	0
Net Income	−1 863 000	−364 000	979 000	−421 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	233 000	10 000	144 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	14 000	37 000	93 000
Total Tangible Assets	0	14 000	37 000	93 000
Total Fiancial Fixed Assets	0	30 000	60 000	90 000
Total Fixed Assets	0	277 000	107 000	328 000
Stock	0	0	0	0
Total Investments	170 000	39 000	194 000	194 000
Cash, Bank	3 951 000	5 413 000	7 688 000	5 289 000
Total Current Assets	4 665 000	6 326 000	8 696 000	6 283 000
Total Assets	4 666 000	6 603 000	8 804 000	6 611 000
Total Equity	3 429 000	5 292 000	6 356 000	5 378 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	15 000	49 000	48 000
Unpaid Taxes	549 000	705 000	897 000	654 000
Dividends	0	0	0	0
Other Current Debt	671 000	591 000	1 315 000	531 000
Total Current Debt	1 236 000	1 311 000	2 447 000	1 234 000
Total Equity and Debt	4 666 000	6 603 000	8 804 000	6 611 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−54,33 %	−6,88 %	15,4 %	−7,83 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−34,63 %	−12,41 %	10,29 %	−11,2 %
Current Ratio	3,77	4,83	3,55	5,09
Quick Ratio	3,77	4,83	3,55	5,09
Equity Ratio	0,73	0,8	0,72	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %