H5 INNOVATIONS AS

5009 BERGEN

Finances

Return on Equity

−4,15 %

Current Ratio

N/A

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	29 000	35 000	0
Net Income	−335 000	301 000	−431 000	−176 000
Total Assets	8 066 000	10 994 000	12 618 000	13 809 000
Total Equity	8 066 000	8 401 000	12 520 000	13 701 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	29 000	35 000	0
Expenditure	175 000	290 000	526 000	991 000
Operating Profit	−175 000	−261 000	−490 000	−992 000
Financial Income	101 000	1 960 000	1 044 000	711 000
Financial Costs	261 000	110 000	1 107 000	65 000
Financial Balance	−160 000	1 850 000	−63 000	646 000
Earnings Before Tax	−335 000	1 589 000	−554 000	−346 000
Tax	0	1 288 000	−123 000	−171 000
Net Income	−335 000	301 000	−431 000	−176 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 970 000	7 523 000	9 554 000	8 977 000
Total Current Assets	1 096 000	3 470 000	3 064 000	4 832 000
Total Assets	8 066 000	10 994 000	12 618 000	13 809 000
Total Retained Equity	7 598 000	7 933 000	12 052 000	13 233 000
Total Equity	8 066 000	8 401 000	12 520 000	13 701 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	0	2 593 000	98 000	109 000
Total Equity and Debt	8 066 000	10 994 000	12 618 000	13 809 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	29 000	35 000	0
Other Income	0	0	0	0
Revenue	0	29 000	35 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	74 000	180 000	506 000
Depreciation	25 000	48 000	59 000	233 000
Impairment	0	0	0	0
Expenditure	175 000	290 000	526 000	991 000
Operating Profit	−175 000	−261 000	−490 000	−992 000
Financial Income	101 000	1 960 000	1 044 000	711 000
Financial Costs	261 000	110 000	1 107 000	65 000
Financial Balance	−160 000	1 850 000	−63 000	646 000
Dividends	0	0	0	0
Net Income	−335 000	301 000	−431 000	−176 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 288 000	1 165 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	45 000	70 000	93 000	41 000
Total Tangible Assets	45 000	70 000	93 000	41 000
Total Fiancial Fixed Assets	6 925 000	7 454 000	8 174 000	7 771 000
Total Fixed Assets	6 970 000	7 523 000	9 554 000	8 977 000
Stock	0	0	0	0
Total Investments	5 000	0	2 000	2 947 000
Cash, Bank	1 091 000	3 389 000	2 902 000	1 222 000
Total Current Assets	1 096 000	3 470 000	3 064 000	4 832 000
Total Assets	8 066 000	10 994 000	12 618 000	13 809 000
Total Equity	8 066 000	8 401 000	12 520 000	13 701 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	1 000	29 000	20 000
Unpaid Taxes	0	22 000	12 000	44 000
Dividends	0	0	0	0
Other Current Debt	0	0	57 000	45 000
Total Current Debt	0	2 593 000	98 000	109 000
Total Equity and Debt	8 066 000	10 994 000	12 618 000	13 809 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,15 %	3,58 %	−3,44 %	−1,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−900 %	−1 400 %	-
Current Ratio	-	1,34	31,27	44,33
Quick Ratio	-	1,34	31,27	44,33
Equity Ratio	1	0,76	0,99	0,99
Gross Profit Margin	-	100 %	100 %	-