H2 OPTIMIST AS

4320 SANDNES

Finances

Return on Equity

65,33 %

Current Ratio

0,13

Debt-to-Equity Ratio

−0,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 000	43 000	92 000	508 000
Net Income	−98 000	−232 000	69 000	98 000
Total Assets	69 000	143 000	577 000	577 000
Total Equity	−150 000	−52 000	180 000	111 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 000	43 000	92 000	508 000
Expenditure	88 000	64 000	121 000	395 000
Operating Profit	−80 000	−17 000	−25 000	104 000
Financial Income	3 000	1 000	187 000	0
Financial Costs	21 000	216 000	93 000	6 000
Financial Balance	−18 000	−215 000	94 000	−6 000
Earnings Before Tax	−98 000	−232 000	69 000	98 000
Tax	0	0	0	0
Net Income	−98 000	−232 000	69 000	98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	30 000	30 000	30 000
Total Current Assets	15 000	113 000	547 000	547 000
Total Assets	69 000	143 000	577 000	577 000
Total Retained Equity	−250 000	−152 000	80 000	11 000
Total Equity	−150 000	−52 000	180 000	111 000
Total Long-Term Debt	100 000	0	0	0
Total Current Debt	119 000	195 000	397 000	466 000
Total Equity and Debt	69 000	143 000	577 000	577 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 000	34 000	89 000	508 000
Other Income	0	9 000	2 000	0
Revenue	21 000	43 000	92 000	508 000
Cost of Goods Sold	1 000	21 000	13 000	90 000
Salary Costs	0	0	0	6 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	88 000	64 000	121 000	395 000
Operating Profit	−80 000	−17 000	−25 000	104 000
Financial Income	3 000	1 000	187 000	0
Financial Costs	21 000	216 000	93 000	6 000
Financial Balance	−18 000	−215 000	94 000	−6 000
Dividends	0	0	0	0
Net Income	−98 000	−232 000	69 000	98 000

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	54 000	30 000	30 000	30 000
Total Fixed Assets	54 000	30 000	30 000	30 000
Stock	0	12 000	8 000	5 000
Total Investments	7 000	6 000	5 000	401 000
Cash, Bank	5 000	4 000	6 000	24 000
Total Current Assets	15 000	113 000	547 000	547 000
Total Assets	69 000	143 000	577 000	577 000
Total Equity	−150 000	−52 000	180 000	111 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	0	0	0
Creditors	1 000	16 000	15 000	46 000
Unpaid Taxes	0	0	1 000	59 000
Dividends	0	0	0	0
Other Current Debt	118 000	179 000	382 000	361 000
Total Current Debt	119 000	195 000	397 000	466 000
Total Equity and Debt	69 000	143 000	577 000	577 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,33 %	446,15 %	38,33 %	88,29 %
Debt-to-Equity Ratio	−0,67	−0	0	0
Operating Profit Margin	−380,95 %	−39,53 %	−27,17 %	20,47 %
Current Ratio	0,13	0,58	1,38	1,17
Quick Ratio	0,13	0,62	1,41	1,19
Equity Ratio	−2,17	−0,36	0,31	0,19
Gross Profit Margin	95,24 %	51,16 %	85,87 %	82,28 %