NIHAO AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

35,17 %

Current Ratio

1,95

Debt-to-Equity Ratio

0,66

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 061 000	10 239 000	8 187 000	7 309 000
Net Income	1 369 000	1 488 000	1 086 000	1 152 000
Total Assets	7 792 000	7 883 000	7 495 000	7 227 000
Total Equity	3 893 000	2 525 000	2 237 000	1 651 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 061 000	10 239 000	8 187 000	7 309 000
Expenditure	7 197 000	8 201 000	6 627 000	5 646 000
Operating Profit	1 865 000	2 038 000	1 560 000	1 663 000
Financial Income	0	0	0	1 000
Financial Costs	110 000	131 000	168 000	187 000
Financial Balance	−110 000	−131 000	−168 000	−186 000
Earnings Before Tax	1 755 000	1 908 000	1 392 000	1 476 000
Tax	386 000	420 000	307 000	325 000
Net Income	1 369 000	1 488 000	1 086 000	1 152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 164 000	5 247 000	5 460 000	5 600 000
Total Current Assets	2 628 000	2 637 000	2 035 000	1 627 000
Total Assets	7 792 000	7 883 000	7 495 000	7 227 000
Total Retained Equity	2 893 000	1 525 000	1 237 000	651 000
Total Equity	3 893 000	2 525 000	2 237 000	1 651 000
Total Long-Term Debt	2 550 000	2 781 000	4 016 000	4 185 000
Total Current Debt	1 349 000	2 578 000	1 242 000	1 392 000
Total Equity and Debt	7 792 000	7 883 000	7 495 000	7 227 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 904 000	10 116 000	8 187 000	7 309 000
Other Income	157 000	123 000	0	0
Revenue	9 061 000	10 239 000	8 187 000	7 309 000
Cost of Goods Sold	2 014 000	2 506 000	2 202 000	1 630 000
Salary Costs	3 910 000	4 516 000	3 497 000	3 120 000
Depreciation	165 000	199 000	204 000	198 000
Impairment	0	0	0	0
Expenditure	7 197 000	8 201 000	6 627 000	5 646 000
Operating Profit	1 865 000	2 038 000	1 560 000	1 663 000
Financial Income	0	0	0	1 000
Financial Costs	110 000	131 000	168 000	187 000
Financial Balance	−110 000	−131 000	−168 000	−186 000
Dividends	0	1 200 000	500 000	500 000
Net Income	1 369 000	1 488 000	1 086 000	1 152 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 022 000	5 104 000	5 224 000	5 344 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	143 000	143 000	236 000	256 000
Total Tangible Assets	5 164 000	5 247 000	5 460 000	5 600 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 164 000	5 247 000	5 460 000	5 600 000
Stock	292 000	185 000	178 000	133 000
Total Investments	0	0	0	0
Cash, Bank	2 283 000	2 408 000	1 807 000	1 437 000
Total Current Assets	2 628 000	2 637 000	2 035 000	1 627 000
Total Assets	7 792 000	7 883 000	7 495 000	7 227 000
Total Equity	3 893 000	2 525 000	2 237 000	1 651 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 550 000	2 781 000	4 016 000	4 185 000
Creditors	139 000	98 000	80 000	29 000
Unpaid Taxes	332 000	402 000	518 000	262 000
Dividends	0	1 200 000	500 000	500 000
Other Current Debt	503 000	1 664 000	349 000	288 000
Total Current Debt	1 349 000	2 578 000	1 242 000	1 392 000
Total Equity and Debt	7 792 000	7 883 000	7 495 000	7 227 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,17 %	58,93 %	48,55 %	69,78 %
Debt-to-Equity Ratio	0,66	1,1	1,8	2,53
Operating Profit Margin	20,58 %	19,9 %	19,05 %	22,75 %
Current Ratio	1,95	1,02	1,64	1,17
Quick Ratio	2,49	1,1	1,91	1,29
Equity Ratio	0,5	0,32	0,3	0,23
Gross Profit Margin	77,77 %	75,52 %	73,1 %	77,7 %