H2 BRYGGE AS

5300 KLEPPESTØ

Finances

Share Ownership

Return on Equity

17,1 %

Current Ratio

0,52

Debt-to-Equity Ratio

−4,77

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 235 000	1 075 000	2 092 000	844 000
Net Income	−256 000	−447 000	657 000	−1 060 000
Total Assets	8 303 000	8 136 000	8 237 000	8 079 000
Total Equity	−1 497 000	−1 241 000	−794 000	−1 684 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 235 000	1 075 000	2 092 000	844 000
Expenditure	1 204 000	1 134 000	868 000	1 517 000
Operating Profit	31 000	−58 000	1 224 000	−673 000
Financial Income	0	0	0	0
Financial Costs	287 000	340 000	382 000	386 000
Financial Balance	−287 000	−340 000	−382 000	−386 000
Earnings Before Tax	−256 000	−398 000	842 000	−1 060 000
Tax	0	48 000	185 000	0
Net Income	−256 000	−447 000	657 000	−1 060 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	6 929 000	6 685 000	7 117 000	7 205 000
Total Current Assets	1 374 000	1 451 000	1 120 000	874 000
Total Assets	8 303 000	8 136 000	8 237 000	8 079 000
Total Retained Equity	−1 697 000	−1 441 000	−994 000	−1 884 000
Total Equity	−1 497 000	−1 241 000	−794 000	−1 684 000
Total Long-Term Debt	7 137 000	7 137 000	7 311 000	8 375 000
Total Current Debt	2 663 000	2 240 000	1 720 000	1 388 000
Total Equity and Debt	8 303 000	8 136 000	8 237 000	8 079 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	0	1 031 000	−204 000
Other Income	1 235 000	1 075 000	1 061 000	1 048 000
Revenue	1 235 000	1 075 000	2 092 000	844 000
Cost of Goods Sold	0	9 000	9 000	81 000
Salary Costs	702 000	596 000	431 000	773 000
Depreciation	0	5 000	5 000	0
Impairment	0	0	0	0
Expenditure	1 204 000	1 134 000	868 000	1 517 000
Operating Profit	31 000	−58 000	1 224 000	−673 000
Financial Income	0	0	0	0
Financial Costs	287 000	340 000	382 000	386 000
Financial Balance	−287 000	−340 000	−382 000	−386 000
Dividends	0	0	0	0
Net Income	−256 000	−447 000	657 000	−1 060 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	48 000	0
Real Eastate	4 164 000	4 164 000	4 164 000	4 164 000
Machinery and Plant Facilities	73 000	73 000	73 000	73 000
Fixtures	469 000	469 000	474 000	479 000
Total Tangible Assets	4 707 000	4 707 000	4 712 000	4 717 000
Total Fiancial Fixed Assets	2 222 000	1 979 000	2 357 000	2 489 000
Total Fixed Assets	6 929 000	6 685 000	7 117 000	7 205 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	38 000	39 000	8 000	3 000
Total Current Assets	1 374 000	1 451 000	1 120 000	874 000
Total Assets	8 303 000	8 136 000	8 237 000	8 079 000
Total Equity	−1 497 000	−1 241 000	−794 000	−1 684 000
Short-Term Group Debt	0	0	961 000	866 000
Total Long-Term Debt	7 137 000	7 137 000	7 311 000	8 375 000
Creditors	441 000	276 000	148 000	175 000
Unpaid Taxes	912 000	632 000	355 000	97 000
Dividends	0	0	0	0
Other Current Debt	1 310 000	1 331 000	256 000	249 000
Total Current Debt	2 663 000	2 240 000	1 720 000	1 388 000
Total Equity and Debt	8 303 000	8 136 000	8 237 000	8 079 000

Financial indicators	2021	2020	2019	2018
Return on Equity	17,1 %	36,02 %	−82,75 %	62,95 %
Debt-to-Equity Ratio	−4,77	−5,75	−9,21	−4,97
Operating Profit Margin	2,51 %	−5,4 %	58,51 %	−79,74 %
Current Ratio	0,52	0,65	0,65	0,63
Quick Ratio	0,52	0,65	0,65	0,63
Equity Ratio	−0,18	−0,15	−0,1	−0,21
Gross Profit Margin	100 %	99,16 %	99,57 %	90,4 %