HFC NORWAY SA

1555 SON

Finances

Share Ownership

Return on Equity

11,98 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 445 000	5 835 000	5 334 000	5 632 000
Net Income	116 000	−61 000	−99 000	−169 000
Total Assets	3 145 000	1 760 000	1 962 000	1 943 000
Total Equity	968 000	852 000	913 000	1 012 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 445 000	5 835 000	5 334 000	5 632 000
Expenditure	10 331 000	5 895 000	5 434 000	5 735 000
Operating Profit	115 000	−61 000	−99 000	−102 000
Financial Income	6 000	1 000	4 000	7 000
Financial Costs	2 000	0	1 000	3 000
Financial Balance	4 000	1 000	3 000	4 000
Earnings Before Tax	118 000	−59 000	−96 000	−98 000
Tax	2 000	1 000	3 000	71 000
Net Income	116 000	−61 000	−99 000	−169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 145 000	1 760 000	1 962 000	1 943 000
Total Assets	3 145 000	1 760 000	1 962 000	1 943 000
Total Retained Equity	928 000	812 000	873 000	972 000
Total Equity	968 000	852 000	913 000	1 012 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 177 000	907 000	1 049 000	931 000
Total Equity and Debt	3 145 000	1 760 000	1 962 000	1 943 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 445 000	5 835 000	5 333 000	5 632 000
Other Income	0	0	1 000	0
Revenue	10 445 000	5 835 000	5 334 000	5 632 000
Cost of Goods Sold	10 076 000	5 569 000	5 156 000	5 466 000
Salary Costs	144 000	137 000	128 000	130 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	10 331 000	5 895 000	5 434 000	5 735 000
Operating Profit	115 000	−61 000	−99 000	−102 000
Financial Income	6 000	1 000	4 000	7 000
Financial Costs	2 000	0	1 000	3 000
Financial Balance	4 000	1 000	3 000	4 000
Dividends	0	0	0	0
Net Income	116 000	−61 000	−99 000	−169 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 963 000	1 547 000	1 795 000	1 639 000
Total Current Assets	3 145 000	1 760 000	1 962 000	1 943 000
Total Assets	3 145 000	1 760 000	1 962 000	1 943 000
Total Equity	968 000	852 000	913 000	1 012 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 415 000	277 000	245 000	441 000
Unpaid Taxes	138 000	190 000	41 000	93 000
Dividends	0	0	0	0
Other Current Debt	622 000	440 000	762 000	397 000
Total Current Debt	2 177 000	907 000	1 049 000	931 000
Total Equity and Debt	3 145 000	1 760 000	1 962 000	1 943 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,98 %	−7,16 %	−10,84 %	−16,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,1 %	−1,05 %	−1,86 %	−1,81 %
Current Ratio	1,44	1,94	1,87	2,09
Quick Ratio	1,44	1,94	1,87	2,09
Equity Ratio	0,31	0,48	0,47	0,52
Gross Profit Margin	3,53 %	4,56 %	3,34 %	2,95 %