HØST HANSEN AS

1914 YTRE ENEBAKK

Finances

Return on Equity

21,98 %

Current Ratio

0,12

Debt-to-Equity Ratio

−0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 781 000	3 173 000	278 000	1 380 000
Net Income	−3 217 000	−4 368 000	−4 450 000	−2 788 000
Total Assets	9 858 000	14 147 000	12 869 000	11 774 000
Total Equity	−14 636 000	−11 419 000	−7 051 000	−2 601 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 781 000	3 173 000	278 000	1 380 000
Expenditure	5 708 000	7 759 000	4 718 000	4 093 000
Operating Profit	−2 926 000	−4 586 000	−4 440 000	−2 713 000
Financial Income	0	526 000	546 000	303 000
Financial Costs	291 000	308 000	556 000	377 000
Financial Balance	−291 000	218 000	−10 000	−74 000
Earnings Before Tax	−3 217 000	−4 368 000	−4 450 000	−2 788 000
Tax	0	0	0	0
Net Income	−3 217 000	−4 368 000	−4 450 000	−2 788 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 557 000	9 368 000	10 077 000	9 521 000
Total Current Assets	2 300 000	4 779 000	2 792 000	2 253 000
Total Assets	9 858 000	14 147 000	12 869 000	11 774 000
Total Retained Equity	−14 736 000	−11 519 000	−7 151 000	−2 701 000
Total Equity	−14 636 000	−11 419 000	−7 051 000	−2 601 000
Total Long-Term Debt	5 471 000	608 000	6 435 000	7 615 000
Total Current Debt	19 023 000	24 959 000	13 485 000	6 760 000
Total Equity and Debt	9 858 000	14 147 000	12 869 000	11 774 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 804 000	3 175 000	0	301 000
Other Income	977 000	−2 000	278 000	1 079 000
Revenue	2 781 000	3 173 000	278 000	1 380 000
Cost of Goods Sold	980 000	915 000	116 000	421 000
Salary Costs	2 145 000	2 583 000	1 664 000	955 000
Depreciation	571 000	784 000	1 093 000	854 000
Impairment	0	0	0	0
Expenditure	5 708 000	7 759 000	4 718 000	4 093 000
Operating Profit	−2 926 000	−4 586 000	−4 440 000	−2 713 000
Financial Income	0	526 000	546 000	303 000
Financial Costs	291 000	308 000	556 000	377 000
Financial Balance	−291 000	218 000	−10 000	−74 000
Dividends	0	0	0	0
Net Income	−3 217 000	−4 368 000	−4 450 000	−2 788 000

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	784 000	2 595 000	3 303 000	2 250 000
Total Tangible Assets	784 000	2 595 000	3 303 000	2 250 000
Total Fiancial Fixed Assets	6 774 000	6 774 000	6 774 000	7 271 000
Total Fixed Assets	7 557 000	9 368 000	10 077 000	9 521 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	158 000	147 000	26 000
Total Current Assets	2 300 000	4 779 000	2 792 000	2 253 000
Total Assets	9 858 000	14 147 000	12 869 000	11 774 000
Total Equity	−14 636 000	−11 419 000	−7 051 000	−2 601 000
Short-Term Group Debt	13 618 000	9 073 000	9 192 000	5 455 000
Total Long-Term Debt	5 471 000	608 000	6 435 000	7 615 000
Creditors	1 875 000	9 196 000	2 915 000	861 000
Unpaid Taxes	208 000	594 000	324 000	122 000
Dividends	0	0	0	0
Other Current Debt	3 140 000	573 000	871 000	139 000
Total Current Debt	19 023 000	24 959 000	13 485 000	6 760 000
Total Equity and Debt	9 858 000	14 147 000	12 869 000	11 774 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,98 %	38,25 %	63,11 %	107,19 %
Debt-to-Equity Ratio	−0,37	−0,05	−0,91	−2,93
Operating Profit Margin	−105,21 %	−144,53 %	−1 597,12 %	−196,59 %
Current Ratio	0,12	0,19	0,21	0,33
Quick Ratio	0,12	0,19	0,21	0,33
Equity Ratio	−1,48	−0,81	−0,55	−0,22
Gross Profit Margin	64,76 %	71,16 %	58,27 %	69,49 %