HIHAT MANAGEMENT AS

5003 BERGEN

Finances

Return on Equity

16,29 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 369 000	21 361 000	16 393 000	36 381 000
Net Income	428 000	265 000	564 000	494 000
Total Assets	11 152 000	6 931 000	6 656 000	10 857 000
Total Equity	2 627 000	2 699 000	2 934 000	2 371 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 369 000	21 361 000	16 393 000	36 381 000
Expenditure	28 871 000	21 009 000	15 931 000	35 399 000
Operating Profit	499 000	351 000	463 000	983 000
Financial Income	54 000	0	210 000	74 000
Financial Costs	11 000	7 000	5 000	344 000
Financial Balance	43 000	−7 000	205 000	−270 000
Earnings Before Tax	543 000	345 000	668 000	713 000
Tax	115 000	80 000	104 000	218 000
Net Income	428 000	265 000	564 000	494 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 222 000	1 253 000	998 000	719 000
Total Current Assets	9 930 000	5 678 000	5 657 000	10 138 000
Total Assets	11 152 000	6 931 000	6 656 000	10 857 000
Total Retained Equity	1 289 000	1 361 000	1 596 000	1 032 000
Total Equity	2 627 000	2 699 000	2 934 000	2 371 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 525 000	4 231 000	3 722 000	8 486 000
Total Equity and Debt	11 152 000	6 931 000	6 656 000	10 857 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 018 000	18 307 000	16 393 000	36 381 000
Other Income	1 352 000	3 053 000	0	0
Revenue	29 369 000	21 361 000	16 393 000	36 381 000
Cost of Goods Sold	25 123 000	18 152 000	13 627 000	31 697 000
Salary Costs	2 715 000	1 948 000	1 555 000	2 681 000
Depreciation	13 000	10 000	12 000	10 000
Impairment	0	0	0	0
Expenditure	28 871 000	21 009 000	15 931 000	35 399 000
Operating Profit	499 000	351 000	463 000	983 000
Financial Income	54 000	0	210 000	74 000
Financial Costs	11 000	7 000	5 000	344 000
Financial Balance	43 000	−7 000	205 000	−270 000
Dividends	500 000	500 000	0	0
Net Income	428 000	265 000	564 000	494 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	25 000	34 000	45 000
Total Tangible Assets	12 000	25 000	34 000	45 000
Total Fiancial Fixed Assets	1 210 000	1 228 000	964 000	666 000
Total Fixed Assets	1 222 000	1 253 000	998 000	719 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 699 000	2 909 000	2 994 000	5 099 000
Total Current Assets	9 930 000	5 678 000	5 657 000	10 138 000
Total Assets	11 152 000	6 931 000	6 656 000	10 857 000
Total Equity	2 627 000	2 699 000	2 934 000	2 371 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 338 000	1 853 000	1 562 000	4 159 000
Unpaid Taxes	243 000	223 000	135 000	230 000
Dividends	500 000	500 000	0	0
Other Current Debt	4 329 000	2 076 000	1 928 000	3 882 000
Total Current Debt	8 525 000	4 231 000	3 722 000	8 486 000
Total Equity and Debt	11 152 000	6 931 000	6 656 000	10 857 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,29 %	9,82 %	19,22 %	20,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,7 %	1,64 %	2,82 %	2,7 %
Current Ratio	1,16	1,34	1,52	1,19
Quick Ratio	1,16	1,34	1,52	1,19
Equity Ratio	0,24	0,39	0,44	0,22
Gross Profit Margin	14,46 %	15,02 %	16,87 %	12,87 %