H&H SPEED SKATING AS

3577 HOVET

Finances

Share Ownership

Return on Equity

−3,41 %

Current Ratio

N/A

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	85 000	46 000	263 000	424 000
Net Income	−62 000	−78 000	120 000	204 000
Total Assets	3 269 000	3 393 000	3 631 000	3 585 000
Total Equity	1 817 000	1 879 000	1 957 000	1 837 000

Income (NOK)	2022	2021	2020	2019
Revenue	85 000	46 000	263 000	424 000
Expenditure	55 000	44 000	26 000	82 000
Operating Profit	30 000	1 000	237 000	343 000
Financial Income	0	0	0	0
Financial Costs	92 000	79 000	83 000	82 000
Financial Balance	−92 000	−79 000	−83 000	−82 000
Earnings Before Tax	−62 000	−78 000	154 000	261 000
Tax	0	0	34 000	57 000
Net Income	−62 000	−78 000	120 000	204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 923 000	2 923 000	2 923 000	2 923 000
Total Current Assets	347 000	471 000	708 000	663 000
Total Assets	3 269 000	3 393 000	3 631 000	3 585 000
Total Retained Equity	1 772 000	1 834 000	1 912 000	1 792 000
Total Equity	1 817 000	1 879 000	1 957 000	1 837 000
Total Long-Term Debt	1 452 000	1 514 000	1 578 000	1 639 000
Total Current Debt	0	0	96 000	110 000
Total Equity and Debt	3 269 000	3 393 000	3 631 000	3 585 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 000	2 000	240 000	249 000
Other Income	84 000	44 000	23 000	175 000
Revenue	85 000	46 000	263 000	424 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	55 000	44 000	26 000	82 000
Operating Profit	30 000	1 000	237 000	343 000
Financial Income	0	0	0	0
Financial Costs	92 000	79 000	83 000	82 000
Financial Balance	−92 000	−79 000	−83 000	−82 000
Dividends	0	0	0	0
Net Income	−62 000	−78 000	120 000	204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 923 000	2 923 000	2 923 000	2 923 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 923 000	2 923 000	2 923 000	2 923 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 923 000	2 923 000	2 923 000	2 923 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	341 000	465 000	704 000	608 000
Total Current Assets	347 000	471 000	708 000	663 000
Total Assets	3 269 000	3 393 000	3 631 000	3 585 000
Total Equity	1 817 000	1 879 000	1 957 000	1 837 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 452 000	1 514 000	1 578 000	1 639 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	62 000	52 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	0	0	96 000	110 000
Total Equity and Debt	3 269 000	3 393 000	3 631 000	3 585 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,41 %	−4,15 %	6,13 %	11,11 %
Debt-to-Equity Ratio	0,8	0,81	0,81	0,89
Operating Profit Margin	35,29 %	2,17 %	90,11 %	80,9 %
Current Ratio	-	-	7,38	6,03
Quick Ratio	-	-	7,38	6,03
Equity Ratio	0,56	0,55	0,54	0,51
Gross Profit Margin	100 %	100 %	100 %	100 %