HYWIND AS

4035 STAVANGER

Finances

Share Ownership

Return on Equity

−91,48 %

Current Ratio

1,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−39 986 000	−27 006 000	−33 753 000	−13 926 000
Total Assets	94 918 000	49 125 000	84 869 000	28 841 000
Total Equity	43 712 000	17 994 000	45 000 000	15 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	51 363 000	34 635 000	43 238 000	17 826 000
Operating Profit	−51 363 000	−34 636 000	−43 239 000	−17 826 000
Financial Income	99 000	12 000	−34 000	−29 000
Financial Costs	0	0	0	0
Financial Balance	99 000	12 000	−34 000	−29 000
Earnings Before Tax	−51 264 000	−34 624 000	−43 273 000	−17 854 000
Tax	−11 278 000	−7 617 000	−9 520 000	−3 928 000
Net Income	−39 986 000	−27 006 000	−33 753 000	−13 926 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	363 000	11 246 000	5 728 000	8 016 000
Total Current Assets	94 555 000	37 879 000	79 141 000	20 825 000
Total Assets	94 918 000	49 125 000	84 869 000	28 841 000
Total Retained Equity	0	0	0	0
Total Equity	43 712 000	17 994 000	45 000 000	15 000 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	51 206 000	31 132 000	39 869 000	13 841 000
Total Equity and Debt	94 918 000	49 125 000	84 869 000	28 841 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 978 000	2 098 000	2 288 000	2 457 000
Impairment	1 651 000	0	0	0
Expenditure	51 363 000	34 635 000	43 238 000	17 826 000
Operating Profit	−51 363 000	−34 636 000	−43 239 000	−17 826 000
Financial Income	99 000	12 000	−34 000	−29 000
Financial Costs	0	0	0	0
Financial Balance	99 000	12 000	−34 000	−29 000
Dividends	0	0	0	0
Net Income	−39 986 000	−27 006 000	−33 753 000	−13 926 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	363 000	11 246 000	5 728 000	8 016 000
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	363 000	11 246 000	5 728 000	8 016 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	94 555 000	37 879 000	79 141 000	20 825 000
Total Assets	94 918 000	49 125 000	84 869 000	28 841 000
Total Equity	43 712 000	17 994 000	45 000 000	15 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	51 076 000	31 132 000	39 833 000	13 841 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	130 000	0	36 000	0
Total Current Debt	51 206 000	31 132 000	39 869 000	13 841 000
Total Equity and Debt	94 918 000	49 125 000	84 869 000	28 841 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−91,48 %	−150,08 %	−75,01 %	−92,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,85	1,22	1,99	1,5
Quick Ratio	1,85	1,22	1,99	1,5
Equity Ratio	0,46	0,37	0,53	0,52
Gross Profit Margin	-	-	-	-