H2 DRONNINGENSGT AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

49,5 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 024 000	6 006 000	5 266 000	5 523 000
Net Income	150 000	747 000	538 000	468 000
Total Assets	1 413 000	2 155 000	1 939 000	2 108 000
Total Equity	303 000	854 000	667 000	829 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 024 000	6 006 000	5 266 000	5 523 000
Expenditure	4 850 000	5 051 000	4 579 000	4 933 000
Operating Profit	171 000	955 000	688 000	590 000
Financial Income	23 000	4 000	8 000	20 000
Financial Costs	1 000	1 000	2 000	7 000
Financial Balance	22 000	3 000	6 000	13 000
Earnings Before Tax	193 000	958 000	694 000	604 000
Tax	43 000	212 000	156 000	136 000
Net Income	150 000	747 000	538 000	468 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	31 000	88 000	161 000
Total Current Assets	1 387 000	2 124 000	1 851 000	1 947 000
Total Assets	1 413 000	2 155 000	1 939 000	2 108 000
Total Retained Equity	203 000	754 000	567 000	729 000
Total Equity	303 000	854 000	667 000	829 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 109 000	1 302 000	1 272 000	1 278 000
Total Equity and Debt	1 413 000	2 155 000	1 939 000	2 108 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 023 000	6 005 000	5 266 000	5 523 000
Other Income	1 000	1 000	0	0
Revenue	5 024 000	6 006 000	5 266 000	5 523 000
Cost of Goods Sold	523 000	697 000	562 000	569 000
Salary Costs	3 041 000	3 239 000	2 985 000	3 156 000
Depreciation	15 000	52 000	80 000	81 000
Impairment	0	0	0	0
Expenditure	4 850 000	5 051 000	4 579 000	4 933 000
Operating Profit	171 000	955 000	688 000	590 000
Financial Income	23 000	4 000	8 000	20 000
Financial Costs	1 000	1 000	2 000	7 000
Financial Balance	22 000	3 000	6 000	13 000
Dividends	700 000	0	0	0
Net Income	150 000	747 000	538 000	468 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	15 000	38 000	61 000
Total Intangible Assets	19 000	29 000	52 000	75 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	29 000	86 000
Total Tangible Assets	0	0	29 000	86 000
Total Fiancial Fixed Assets	7 000	2 000	7 000	0
Total Fixed Assets	26 000	31 000	88 000	161 000
Stock	158 000	177 000	184 000	189 000
Total Investments	0	0	0	0
Cash, Bank	1 158 000	1 883 000	1 659 000	1 735 000
Total Current Assets	1 387 000	2 124 000	1 851 000	1 947 000
Total Assets	1 413 000	2 155 000	1 939 000	2 108 000
Total Equity	303 000	854 000	667 000	829 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	116 000	113 000	52 000	172 000
Unpaid Taxes	306 000	335 000	358 000	360 000
Dividends	700 000	0	0	0
Other Current Debt	638 000	641 000	706 000	613 000
Total Current Debt	1 109 000	1 302 000	1 272 000	1 278 000
Total Equity and Debt	1 413 000	2 155 000	1 939 000	2 108 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,5 %	87,47 %	80,66 %	56,45 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,4 %	15,9 %	13,06 %	10,68 %
Current Ratio	1,25	1,63	1,46	1,52
Quick Ratio	1,46	1,89	1,7	1,79
Equity Ratio	0,21	0,4	0,34	0,39
Gross Profit Margin	89,59 %	88,39 %	89,33 %	89,7 %