HC RESERVOIR ENGINEERING AS

3261 LARVIK

Finances

Return on Equity

−289,04 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	562 000	36 000	26 000	1 155 000
Net Income	−422 000	−192 000	−534 000	−111 000
Total Assets	404 000	848 000	1 022 000	1 789 000
Total Equity	146 000	567 000	759 000	1 293 000

Income (NOK)	2022	2021	2020	2019
Revenue	562 000	36 000	26 000	1 155 000
Expenditure	600 000	378 000	297 000	940 000
Operating Profit	−38 000	−342 000	−271 000	216 000
Financial Income	17 000	152 000	64 000	17 000
Financial Costs	401 000	1 000	327 000	344 000
Financial Balance	−384 000	151 000	−263 000	−327 000
Earnings Before Tax	−422 000	−192 000	−534 000	−111 000
Tax	0	0	0	0
Net Income	−422 000	−192 000	−534 000	−111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	404 000	848 000	1 022 000	1 789 000
Total Assets	404 000	848 000	1 022 000	1 789 000
Total Retained Equity	46 000	467 000	659 000	1 193 000
Total Equity	146 000	567 000	759 000	1 293 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	259 000	280 000	263 000	495 000
Total Equity and Debt	404 000	848 000	1 022 000	1 789 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	562 000	36 000	26 000	1 155 000
Other Income	0	0	0	0
Revenue	562 000	36 000	26 000	1 155 000
Cost of Goods Sold	0	0	0	187 000
Salary Costs	307 000	109 000	202 000	557 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	600 000	378 000	297 000	940 000
Operating Profit	−38 000	−342 000	−271 000	216 000
Financial Income	17 000	152 000	64 000	17 000
Financial Costs	401 000	1 000	327 000	344 000
Financial Balance	−384 000	151 000	−263 000	−327 000
Dividends	0	0	0	0
Net Income	−422 000	−192 000	−534 000	−111 000

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	0	0	0	0
Total Investments	19 000	388 000	258 000	523 000
Cash, Bank	229 000	294 000	602 000	401 000
Total Current Assets	404 000	848 000	1 022 000	1 789 000
Total Assets	404 000	848 000	1 022 000	1 789 000
Total Equity	146 000	567 000	759 000	1 293 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	3 000	0	0
Unpaid Taxes	15 000	35 000	26 000	24 000
Dividends	0	0	0	0
Other Current Debt	240 000	242 000	236 000	472 000
Total Current Debt	259 000	280 000	263 000	495 000
Total Equity and Debt	404 000	848 000	1 022 000	1 789 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−289,04 %	−33,86 %	−70,36 %	−8,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,76 %	−950 %	−1 042,31 %	18,7 %
Current Ratio	1,56	3,03	3,89	3,61
Quick Ratio	1,56	3,03	3,89	3,61
Equity Ratio	0,36	0,67	0,74	0,72
Gross Profit Margin	100 %	100 %	100 %	83,81 %