H SELMER AS

1356 BEKKESTUA

Finances

Return on Equity

42,72 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	602 000	340 000	160 000	889 000
Net Income	44 000	50 000	−179 000	125 000
Total Assets	531 000	1 144 000	1 029 000	1 655 000
Total Equity	103 000	395 000	344 000	523 000

Income (NOK)	2022	2021	2020	2019
Revenue	602 000	340 000	160 000	889 000
Expenditure	529 000	288 000	380 000	691 000
Operating Profit	73 000	52 000	−220 000	198 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	10 000	7 000
Financial Balance	−2 000	−2 000	−10 000	−7 000
Earnings Before Tax	71 000	50 000	−229 000	191 000
Tax	27 000	0	−50 000	65 000
Net Income	44 000	50 000	−179 000	125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	566 000	696 000	811 000
Total Current Assets	531 000	577 000	332 000	844 000
Total Assets	531 000	1 144 000	1 029 000	1 655 000
Total Retained Equity	3 000	295 000	244 000	423 000
Total Equity	103 000	395 000	344 000	523 000
Total Long-Term Debt	0	488 000	541 000	674 000
Total Current Debt	428 000	260 000	144 000	458 000
Total Equity and Debt	531 000	1 144 000	1 029 000	1 655 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	602 000	258 000	160 000	889 000
Other Income	0	82 000	0	0
Revenue	602 000	340 000	160 000	889 000
Cost of Goods Sold	368 000	50 000	118 000	14 000
Salary Costs	−114 000	20 000	18 000	24 000
Depreciation	0	130 000	130 000	0
Impairment	0	0	0	0
Expenditure	529 000	288 000	380 000	691 000
Operating Profit	73 000	52 000	−220 000	198 000
Financial Income	0	0	0	0
Financial Costs	2 000	2 000	10 000	7 000
Financial Balance	−2 000	−2 000	−10 000	−7 000
Dividends	336 000	0	0	0
Net Income	44 000	50 000	−179 000	125 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	15 000	15 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	551 000	681 000	811 000
Total Tangible Assets	0	551 000	681 000	811 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	566 000	696 000	811 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	60 000	14 000	115 000
Total Current Assets	531 000	577 000	332 000	844 000
Total Assets	531 000	1 144 000	1 029 000	1 655 000
Total Equity	103 000	395 000	344 000	523 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	488 000	541 000	674 000
Creditors	0	61 000	0	0
Unpaid Taxes	80 000	79 000	23 000	202 000
Dividends	336 000	0	0	0
Other Current Debt	336 000	120 000	120 000	256 000
Total Current Debt	428 000	260 000	144 000	458 000
Total Equity and Debt	531 000	1 144 000	1 029 000	1 655 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,72 %	12,66 %	−52,03 %	23,9 %
Debt-to-Equity Ratio	0	1,24	1,57	1,29
Operating Profit Margin	12,13 %	15,29 %	−137,5 %	22,27 %
Current Ratio	1,24	2,22	2,31	1,84
Quick Ratio	1,24	2,22	2,31	1,84
Equity Ratio	0,19	0,35	0,33	0,32
Gross Profit Margin	38,87 %	85,29 %	26,25 %	98,43 %