HITS AS

3721 SKIEN

Finances

Return on Equity

8,18 %

Current Ratio

44,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	913 000	2 497 000	11 000	−1 616 000
Total Assets	11 257 000	10 250 000	6 788 000	7 748 000
Total Equity	11 163 000	10 250 000	6 776 000	7 731 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	51 000	106 000	28 000	51 000
Operating Profit	−51 000	−106 000	−28 000	−51 000
Financial Income	1 086 000	1 410 000	42 000	151 000
Financial Costs	0	−1 193 000	0	1 709 000
Financial Balance	1 086 000	2 603 000	42 000	−1 558 000
Earnings Before Tax	1 036 000	2 497 000	14 000	−1 608 000
Tax	123 000	0	3 000	7 000
Net Income	913 000	2 497 000	11 000	−1 616 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 076 000	7 076 000	3 802 000	3 491 000
Total Current Assets	4 181 000	3 174 000	2 986 000	4 257 000
Total Assets	11 257 000	10 250 000	6 788 000	7 748 000
Total Retained Equity	10 714 000	9 802 000	6 327 000	7 282 000
Total Equity	11 163 000	10 250 000	6 776 000	7 731 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	94 000	0	13 000	17 000
Total Equity and Debt	11 257 000	10 250 000	6 788 000	7 748 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	10 000	10 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	51 000	106 000	28 000	51 000
Operating Profit	−51 000	−106 000	−28 000	−51 000
Financial Income	1 086 000	1 410 000	42 000	151 000
Financial Costs	0	−1 193 000	0	1 709 000
Financial Balance	1 086 000	2 603 000	42 000	−1 558 000
Dividends	0	0	0	0
Net Income	913 000	2 497 000	11 000	−1 616 000

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	7 076 000	7 076 000	3 802 000	3 491 000
Total Fixed Assets	7 076 000	7 076 000	3 802 000	3 491 000
Stock	0	0	0	0
Total Investments	3 405 000	2 681 000	2 883 000	3 633 000
Cash, Bank	470 000	488 000	60 000	552 000
Total Current Assets	4 181 000	3 174 000	2 986 000	4 257 000
Total Assets	11 257 000	10 250 000	6 788 000	7 748 000
Total Equity	11 163 000	10 250 000	6 776 000	7 731 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	10 000	10 000
Total Current Debt	94 000	0	13 000	17 000
Total Equity and Debt	11 257 000	10 250 000	6 788 000	7 748 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,18 %	24,36 %	0,16 %	−20,9 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	44,48	-	229,69	250,41
Quick Ratio	44,48	-	229,69	250,41
Equity Ratio	0,99	1	1	1
Gross Profit Margin	-	-	-	-