HIBISCUSREISER AS

3074 SANDE I VESTFOLD

Finances

Share Ownership

Return on Equity

47,1 %

Current Ratio

1,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 960 000	1 979 000	2 195 000	8 649 000
Net Income	1 203 000	720 000	−675 000	251 000
Total Assets	5 880 000	3 568 000	3 060 000	7 570 000
Total Equity	2 554 000	1 473 000	753 000	1 428 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 960 000	1 979 000	2 195 000	8 649 000
Expenditure	7 405 000	1 093 000	3 022 000	8 336 000
Operating Profit	1 554 000	886 000	−827 000	314 000
Financial Income	12 000	1 000	6 000	8 000
Financial Costs	22 000	4 000	0	0
Financial Balance	−10 000	−3 000	6 000	8 000
Earnings Before Tax	1 544 000	884 000	−821 000	322 000
Tax	342 000	164 000	−146 000	71 000
Net Income	1 203 000	720 000	−675 000	251 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	6 000	15 000	0
Total Current Assets	5 880 000	3 561 000	3 045 000	7 570 000
Total Assets	5 880 000	3 568 000	3 060 000	7 570 000
Total Retained Equity	2 454 000	1 373 000	653 000	1 328 000
Total Equity	2 554 000	1 473 000	753 000	1 428 000
Total Long-Term Debt	0	1 000	0	0
Total Current Debt	3 327 000	2 093 000	2 307 000	6 142 000
Total Equity and Debt	5 880 000	3 568 000	3 060 000	7 570 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 285 000	1 434 000	−1 854 000	8 601 000
Other Income	675 000	545 000	4 049 000	48 000
Revenue	8 960 000	1 979 000	2 195 000	8 649 000
Cost of Goods Sold	6 076 000	129 000	1 972 000	6 947 000
Salary Costs	811 000	449 000	433 000	670 000
Depreciation	6 000	9 000	2 000	0
Impairment	0	0	0	0
Expenditure	7 405 000	1 093 000	3 022 000	8 336 000
Operating Profit	1 554 000	886 000	−827 000	314 000
Financial Income	12 000	1 000	6 000	8 000
Financial Costs	22 000	4 000	0	0
Financial Balance	−10 000	−3 000	6 000	8 000
Dividends	122 000	0	0	0
Net Income	1 203 000	720 000	−675 000	251 000

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	6 000	15 000	0
Total Tangible Assets	0	6 000	15 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	6 000	15 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 886 000	3 145 000	2 741 000	3 108 000
Total Current Assets	5 880 000	3 561 000	3 045 000	7 570 000
Total Assets	5 880 000	3 568 000	3 060 000	7 570 000
Total Equity	2 554 000	1 473 000	753 000	1 428 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	0	0
Creditors	192 000	70 000	18 000	12 000
Unpaid Taxes	55 000	70 000	12 000	21 000
Dividends	122 000	0	0	0
Other Current Debt	2 614 000	1 791 000	2 277 000	6 037 000
Total Current Debt	3 327 000	2 093 000	2 307 000	6 142 000
Total Equity and Debt	5 880 000	3 568 000	3 060 000	7 570 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,1 %	48,88 %	−89,64 %	17,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,34 %	44,77 %	−37,68 %	3,63 %
Current Ratio	1,77	1,7	1,32	1,23
Quick Ratio	1,77	1,7	1,32	1,23
Equity Ratio	0,43	0,41	0,25	0,19
Gross Profit Margin	32,19 %	93,48 %	10,16 %	19,68 %