HIGH SPIRITS AS

0164 OSLO

Finances

Share Ownership

Return on Equity

20,71 %

Current Ratio

0,39

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 658 000	10 016 000	759 000	19 517 000
Net Income	−804 000	295 000	−30 000	−7 342 000
Total Assets	2 468 000	1 892 000	336 000	1 715 000
Total Equity	−3 883 000	−3 080 000	−3 375 000	−3 345 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 658 000	10 016 000	759 000	19 517 000
Expenditure	9 393 000	9 688 000	671 000	26 590 000
Operating Profit	−734 000	329 000	89 000	−7 074 000
Financial Income	2 000	0	0	241 000
Financial Costs	71 000	34 000	119 000	476 000
Financial Balance	−69 000	−34 000	−119 000	−235 000
Earnings Before Tax	−804 000	295 000	−30 000	−7 309 000
Tax	0	0	0	33 000
Net Income	−804 000	295 000	−30 000	−7 342 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 468 000	1 892 000	336 000	1 715 000
Total Assets	2 468 000	1 892 000	336 000	1 715 000
Total Retained Equity	−3 983 000	−3 180 000	−3 475 000	−3 445 000
Total Equity	−3 883 000	−3 080 000	−3 375 000	−3 345 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 352 000	4 972 000	3 710 000	5 060 000
Total Equity and Debt	2 468 000	1 892 000	336 000	1 715 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 625 000	10 016 000	990 000	34 312 000
Other Income	33 000	0	−231 000	−14 795 000
Revenue	8 658 000	10 016 000	759 000	19 517 000
Cost of Goods Sold	7 762 000	9 577 000	328 000	17 206 000
Salary Costs	1 260 000	18 000	69 000	1 440 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	9 393 000	9 688 000	671 000	26 590 000
Operating Profit	−734 000	329 000	89 000	−7 074 000
Financial Income	2 000	0	0	241 000
Financial Costs	71 000	34 000	119 000	476 000
Financial Balance	−69 000	−34 000	−119 000	−235 000
Dividends	0	0	0	0
Net Income	−804 000	295 000	−30 000	−7 342 000

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	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	858 000	787 000	238 000	410 000
Total Investments	0	0	0	0
Cash, Bank	59 000	12 000	14 000	178 000
Total Current Assets	2 468 000	1 892 000	336 000	1 715 000
Total Assets	2 468 000	1 892 000	336 000	1 715 000
Total Equity	−3 883 000	−3 080 000	−3 375 000	−3 345 000
Short-Term Group Debt	1 401 000	2 451 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	349 000	1 765 000	4 000	701 000
Unpaid Taxes	1 277 000	121 000	12 000	810 000
Dividends	0	0	0	0
Other Current Debt	2 610 000	0	1 706 000	1 658 000
Total Current Debt	6 352 000	4 972 000	3 710 000	5 060 000
Total Equity and Debt	2 468 000	1 892 000	336 000	1 715 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,71 %	−9,58 %	0,89 %	219,49 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−8,48 %	3,28 %	11,73 %	−36,25 %
Current Ratio	0,39	0,38	0,09	0,34
Quick Ratio	0,45	0,45	0,1	0,37
Equity Ratio	−1,57	−1,63	−10,04	−1,95
Gross Profit Margin	10,35 %	4,38 %	56,79 %	11,84 %