HOTSPRING MASSASJEBAD AS

1396 BILLINGSTAD

Finances

Share Ownership

Return on Equity

3,82 %

Current Ratio

4,8

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 138 000	112 376 000	76 821 000	55 536 000
Net Income	1 480 000	26 605 000	13 753 000	2 505 000
Total Assets	50 676 000	111 295 000	71 129 000	51 155 000
Total Equity	38 765 000	42 285 000	55 681 000	41 928 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 138 000	112 376 000	76 821 000	55 536 000
Expenditure	41 466 000	78 329 000	59 899 000	52 484 000
Operating Profit	672 000	34 046 000	16 922 000	3 053 000
Financial Income	1 798 000	997 000	1 151 000	493 000
Financial Costs	545 000	996 000	415 000	343 000
Financial Balance	1 253 000	1 000	736 000	150 000
Earnings Before Tax	1 925 000	34 046 000	17 657 000	3 203 000
Tax	446 000	7 441 000	3 905 000	698 000
Net Income	1 480 000	26 605 000	13 753 000	2 505 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 498 000	1 101 000	863 000	1 124 000
Total Current Assets	49 178 000	110 194 000	70 266 000	50 031 000
Total Assets	50 676 000	111 295 000	71 129 000	51 155 000
Total Retained Equity	38 665 000	42 185 000	55 581 000	41 828 000
Total Equity	38 765 000	42 285 000	55 681 000	41 928 000
Total Long-Term Debt	1 676 000	52 976 000	2 033 000	2 052 000
Total Current Debt	10 236 000	16 033 000	13 415 000	7 175 000
Total Equity and Debt	50 676 000	111 295 000	71 129 000	51 155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 138 000	112 312 000	76 821 000	55 536 000
Other Income	0	63 000	0	0
Revenue	42 138 000	112 376 000	76 821 000	55 536 000
Cost of Goods Sold	18 949 000	51 184 000	34 977 000	32 149 000
Salary Costs	8 274 000	10 568 000	9 932 000	7 746 000
Depreciation	242 000	177 000	260 000	214 000
Impairment	0	0	0	0
Expenditure	41 466 000	78 329 000	59 899 000	52 484 000
Operating Profit	672 000	34 046 000	16 922 000	3 053 000
Financial Income	1 798 000	997 000	1 151 000	493 000
Financial Costs	545 000	996 000	415 000	343 000
Financial Balance	1 253 000	1 000	736 000	150 000
Dividends	5 000 000	0	0	0
Net Income	1 480 000	26 605 000	13 753 000	2 505 000

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	287 000	377 000
Fixtures	879 000	1 101 000	577 000	747 000
Total Tangible Assets	879 000	1 101 000	863 000	1 124 000
Total Fiancial Fixed Assets	618 000	0	0	0
Total Fixed Assets	1 498 000	1 101 000	863 000	1 124 000
Stock	27 693 000	20 580 000	9 139 000	9 997 000
Total Investments	0	0	0	0
Cash, Bank	15 055 000	78 670 000	43 443 000	25 629 000
Total Current Assets	49 178 000	110 194 000	70 266 000	50 031 000
Total Assets	50 676 000	111 295 000	71 129 000	51 155 000
Total Equity	38 765 000	42 285 000	55 681 000	41 928 000
Short-Term Group Debt	0	0	0	2 389 000
Total Long-Term Debt	1 676 000	52 976 000	2 033 000	2 052 000
Creditors	2 335 000	2 101 000	1 127 000	474 000
Unpaid Taxes	806 000	2 612 000	4 650 000	1 520 000
Dividends	5 000 000	0	0	0
Other Current Debt	1 649 000	3 880 000	3 734 000	2 095 000
Total Current Debt	10 236 000	16 033 000	13 415 000	7 175 000
Total Equity and Debt	50 676 000	111 295 000	71 129 000	51 155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,82 %	62,92 %	24,7 %	5,97 %
Debt-to-Equity Ratio	0,04	1,25	0,04	0,05
Operating Profit Margin	1,59 %	30,3 %	22,03 %	5,5 %
Current Ratio	4,8	6,87	5,24	6,97
Quick Ratio	−2,82	−24,23	16,43	−17,73
Equity Ratio	0,76	0,38	0,78	0,82
Gross Profit Margin	55,03 %	54,45 %	54,47 %	42,11 %