H2 GRUPPEN AS

7011 TRONDHEIM

Finances

Return on Equity

−43,67 %

Current Ratio

0,58

Debt-to-Equity Ratio

1,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 973 000	55 461 000	61 708 000	3 851 000
Net Income	−2 243 000	−488 000	−1 117 000	−7 065 000
Total Assets	28 106 000	31 566 000	35 248 000	40 445 000
Total Equity	5 136 000	9 947 000	11 161 000	28 086 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 973 000	55 461 000	61 708 000	3 851 000
Expenditure	60 009 000	54 185 000	61 285 000	7 273 000
Operating Profit	−1 036 000	1 277 000	422 000	−3 422 000
Financial Income	871 000	276 000	337 000	3 240 000
Financial Costs	1 144 000	709 000	758 000	6 884 000
Financial Balance	−273 000	−433 000	−421 000	−3 644 000
Earnings Before Tax	−1 308 000	843 000	1 000	−7 065 000
Tax	934 000	1 331 000	1 117 000	0
Net Income	−2 243 000	−488 000	−1 117 000	−7 065 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 482 000	19 830 000	20 274 000	37 843 000
Total Current Assets	9 624 000	11 736 000	14 974 000	2 602 000
Total Assets	28 106 000	31 566 000	35 248 000	40 445 000
Total Retained Equity	2 071 000	6 831 000	5 161 000	−2 014 000
Total Equity	5 136 000	9 947 000	11 161 000	28 086 000
Total Long-Term Debt	6 265 000	8 270 000	10 273 000	995 000
Total Current Debt	16 705 000	13 349 000	13 815 000	11 365 000
Total Equity and Debt	28 106 000	31 566 000	35 248 000	40 445 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 732 000	0	61 708 000	3 851 000
Other Income	2 241 000	55 461 000	0	0
Revenue	58 973 000	55 461 000	61 708 000	3 851 000
Cost of Goods Sold	7 047 000	6 519 000	7 511 000	1 920 000
Salary Costs	37 334 000	34 521 000	32 789 000	2 043 000
Depreciation	1 672 000	1 534 000	1 666 000	74 000
Impairment	0	0	0	0
Expenditure	60 009 000	54 185 000	61 285 000	7 273 000
Operating Profit	−1 036 000	1 277 000	422 000	−3 422 000
Financial Income	871 000	276 000	337 000	3 240 000
Financial Costs	1 144 000	709 000	758 000	6 884 000
Financial Balance	−273 000	−433 000	−421 000	−3 644 000
Dividends	0	0	0	0
Net Income	−2 243 000	−488 000	−1 117 000	−7 065 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	17 090 000	18 043 000	19 280 000	685 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 355 000	1 444 000	847 000	68 000
Total Tangible Assets	1 355 000	1 444 000	847 000	68 000
Total Fiancial Fixed Assets	36 000	343 000	147 000	37 089 000
Total Fixed Assets	18 482 000	19 830 000	20 274 000	37 843 000
Stock	2 353 000	2 671 000	2 852 000	34 000
Total Investments	0	0	0	0
Cash, Bank	4 729 000	7 380 000	10 795 000	37 000
Total Current Assets	9 624 000	11 736 000	14 974 000	2 602 000
Total Assets	28 106 000	31 566 000	35 248 000	40 445 000
Total Equity	5 136 000	9 947 000	11 161 000	28 086 000
Short-Term Group Debt	0	0	0	158 000
Total Long-Term Debt	6 265 000	8 270 000	10 273 000	995 000
Creditors	1 930 000	1 388 000	1 738 000	223 000
Unpaid Taxes	3 759 000	3 832 000	3 405 000	82 000
Dividends	0	0	0	0
Other Current Debt	9 415 000	7 440 000	7 892 000	535 000
Total Current Debt	16 705 000	13 349 000	13 815 000	11 365 000
Total Equity and Debt	28 106 000	31 566 000	35 248 000	40 445 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−43,67 %	−4,91 %	−10,01 %	−25,15 %
Debt-to-Equity Ratio	1,22	0,83	0,92	0,04
Operating Profit Margin	−1,76 %	2,3 %	0,68 %	−88,86 %
Current Ratio	0,58	0,88	1,08	0,23
Quick Ratio	0,67	1,1	1,37	0,23
Equity Ratio	0,18	0,32	0,32	0,69
Gross Profit Margin	88,05 %	88,25 %	87,83 %	50,14 %