HIPAS DESIGN AS

1454 FAGERSTRAND

Finances

Share Ownership

Return on Equity

137,87 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	74 718 000	46 515 000	50 838 000	33 194 000
Net Income	4 857 000	−1 121 000	2 844 000	−1 797 000
Total Assets	21 004 000	9 396 000	10 138 000	8 209 000
Total Equity	3 523 000	−1 334 000	−213 000	−3 056 000

Income (NOK)	2022	2021	2020	2019
Revenue	74 718 000	46 515 000	50 838 000	33 194 000
Expenditure	68 326 000	47 394 000	46 278 000	33 799 000
Operating Profit	6 391 000	−879 000	4 560 000	−604 000
Financial Income	39 000	−20 000	28 000	18 000
Financial Costs	605 000	222 000	553 000	302 000
Financial Balance	−566 000	−242 000	−525 000	−284 000
Earnings Before Tax	5 825 000	−1 121 000	4 035 000	−888 000
Tax	968 000	0	1 191 000	909 000
Net Income	4 857 000	−1 121 000	2 844 000	−1 797 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	281 000	781 000	368 000	472 000
Total Current Assets	20 723 000	8 615 000	9 770 000	7 737 000
Total Assets	21 004 000	9 396 000	10 138 000	8 209 000
Total Retained Equity	2 443 000	−2 414 000	−1 293 000	−4 136 000
Total Equity	3 523 000	−1 334 000	−213 000	−3 056 000
Total Long-Term Debt	968 000	78 000	382 000	2 754 000
Total Current Debt	16 513 000	10 652 000	9 969 000	8 511 000
Total Equity and Debt	21 004 000	9 396 000	10 138 000	8 209 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	74 718 000	50 023 000	50 673 000	32 977 000
Other Income	0	−3 508 000	166 000	217 000
Revenue	74 718 000	46 515 000	50 838 000	33 194 000
Cost of Goods Sold	48 887 000	38 971 000	36 921 000	25 465 000
Salary Costs	13 571 000	5 515 000	6 296 000	3 799 000
Depreciation	103 000	169 000	158 000	191 000
Impairment	0	0	0	205 000
Expenditure	68 326 000	47 394 000	46 278 000	33 799 000
Operating Profit	6 391 000	−879 000	4 560 000	−604 000
Financial Income	39 000	−20 000	28 000	18 000
Financial Costs	605 000	222 000	553 000	302 000
Financial Balance	−566 000	−242 000	−525 000	−284 000
Dividends	0	0	0	0
Net Income	4 857 000	−1 121 000	2 844 000	−1 797 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	35 000	70 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	226 000	329 000	313 000	382 000
Total Tangible Assets	226 000	329 000	313 000	382 000
Total Fiancial Fixed Assets	55 000	452 000	20 000	20 000
Total Fixed Assets	281 000	781 000	368 000	472 000
Stock	0	0	0	501 000
Total Investments	0	0	0	0
Cash, Bank	594 000	465 000	458 000	291 000
Total Current Assets	20 723 000	8 615 000	9 770 000	7 737 000
Total Assets	21 004 000	9 396 000	10 138 000	8 209 000
Total Equity	3 523 000	−1 334 000	−213 000	−3 056 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	968 000	78 000	382 000	2 754 000
Creditors	6 020 000	9 028 000	6 785 000	4 398 000
Unpaid Taxes	8 543 000	783 000	706 000	956 000
Dividends	0	0	0	0
Other Current Debt	1 188 000	840 000	802 000	2 038 000
Total Current Debt	16 513 000	10 652 000	9 969 000	8 511 000
Total Equity and Debt	21 004 000	9 396 000	10 138 000	8 209 000

Financial indicators	2022	2021	2020	2019
Return on Equity	137,87 %	84,03 %	−1 335,21 %	58,8 %
Debt-to-Equity Ratio	0,27	−0,06	−1,79	−0,9
Operating Profit Margin	8,55 %	−1,89 %	8,97 %	−1,82 %
Current Ratio	1,25	0,81	0,98	0,91
Quick Ratio	1,25	0,81	0,98	0,97
Equity Ratio	0,17	−0,14	−0,02	−0,37
Gross Profit Margin	34,57 %	16,22 %	27,38 %	23,28 %