HITSVILLE PRODUCTION AS

1765 HALDEN

Finances

Return on Equity

−20,97 %

Current Ratio

1,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	528 000	452 000	240 000	750 000
Net Income	−152 000	85 000	−128 000	−9 000
Total Assets	1 281 000	1 326 000	1 229 000	1 405 000
Total Equity	725 000	877 000	792 000	920 000

Income (NOK)	2022	2021	2020	2019
Revenue	528 000	452 000	240 000	750 000
Expenditure	732 000	347 000	411 000	768 000
Operating Profit	−203 000	105 000	−172 000	−18 000
Financial Income	8 000	4 000	8 000	11 000
Financial Costs	0	0	0	3 000
Financial Balance	8 000	4 000	8 000	8 000
Earnings Before Tax	−195 000	109 000	−164 000	−10 000
Tax	−43 000	24 000	−36 000	−2 000
Net Income	−152 000	85 000	−128 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	206 000	128 000	102 000	66 000
Total Current Assets	1 075 000	1 199 000	1 127 000	1 339 000
Total Assets	1 281 000	1 326 000	1 229 000	1 405 000
Total Retained Equity	235 000	387 000	302 000	429 000
Total Equity	725 000	877 000	792 000	920 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	556 000	449 000	437 000	485 000
Total Equity and Debt	1 281 000	1 326 000	1 229 000	1 405 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	503 000	443 000	197 000	750 000
Other Income	25 000	9 000	43 000	0
Revenue	528 000	452 000	240 000	750 000
Cost of Goods Sold	149 000	54 000	52 000	49 000
Salary Costs	475 000	26 000	119 000	439 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	732 000	347 000	411 000	768 000
Operating Profit	−203 000	105 000	−172 000	−18 000
Financial Income	8 000	4 000	8 000	11 000
Financial Costs	0	0	0	3 000
Financial Balance	8 000	4 000	8 000	8 000
Dividends	0	0	0	0
Net Income	−152 000	85 000	−128 000	−9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	121 000	78 000	102 000	66 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	0	0	0
Total Tangible Assets	35 000	0	0	0
Total Fiancial Fixed Assets	50 000	50 000	0	0
Total Fixed Assets	206 000	128 000	102 000	66 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 043 000	1 178 000	977 000	1 195 000
Total Current Assets	1 075 000	1 199 000	1 127 000	1 339 000
Total Assets	1 281 000	1 326 000	1 229 000	1 405 000
Total Equity	725 000	877 000	792 000	920 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	10 000	2 000	5 000
Unpaid Taxes	7 000	10 000	2 000	8 000
Dividends	0	0	0	0
Other Current Debt	549 000	429 000	433 000	472 000
Total Current Debt	556 000	449 000	437 000	485 000
Total Equity and Debt	1 281 000	1 326 000	1 229 000	1 405 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,97 %	9,69 %	−16,16 %	−0,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−38,45 %	23,23 %	−71,67 %	−2,4 %
Current Ratio	1,93	2,67	2,58	2,76
Quick Ratio	1,93	2,67	2,58	2,76
Equity Ratio	0,57	0,66	0,64	0,65
Gross Profit Margin	71,78 %	88,05 %	78,33 %	93,47 %