HARDANGER TRENING AS

5600 NORHEIMSUND

Finances

Return on Equity

−65,53 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 087 000	2 356 000	2 080 000	3 413 000
Net Income	−211 000	307 000	−232 000	93 000
Total Assets	988 000	1 261 000	1 087 000	773 000
Total Equity	322 000	533 000	226 000	458 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 087 000	2 356 000	2 080 000	3 413 000
Expenditure	2 281 000	1 963 000	2 378 000	3 292 000
Operating Profit	−194 000	393 000	−298 000	121 000
Financial Income	0	1 000	1 000	0
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	1 000	0	0
Earnings Before Tax	−195 000	393 000	−298 000	121 000
Tax	16 000	87 000	−66 000	29 000
Net Income	−211 000	307 000	−232 000	93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	303 000	262 000	373 000	414 000
Total Current Assets	684 000	999 000	714 000	359 000
Total Assets	988 000	1 261 000	1 087 000	773 000
Total Retained Equity	222 000	433 000	126 000	358 000
Total Equity	322 000	533 000	226 000	458 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	666 000	728 000	861 000	315 000
Total Equity and Debt	988 000	1 261 000	1 087 000	773 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 087 000	2 356 000	2 080 000	3 413 000
Other Income	0	0	0	0
Revenue	2 087 000	2 356 000	2 080 000	3 413 000
Cost of Goods Sold	31 000	86 000	56 000	70 000
Salary Costs	967 000	607 000	838 000	1 428 000
Depreciation	52 000	69 000	103 000	89 000
Impairment	0	0	0	0
Expenditure	2 281 000	1 963 000	2 378 000	3 292 000
Operating Profit	−194 000	393 000	−298 000	121 000
Financial Income	0	1 000	1 000	0
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	1 000	0	0
Dividends	0	0	0	0
Net Income	−211 000	307 000	−232 000	93 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	57 000	73 000	115 000	92 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	181 000	124 000	193 000	258 000
Total Tangible Assets	181 000	124 000	193 000	258 000
Total Fiancial Fixed Assets	65 000	65 000	65 000	65 000
Total Fixed Assets	303 000	262 000	373 000	414 000
Stock	0	0	16 000	0
Total Investments	0	0	0	0
Cash, Bank	592 000	926 000	606 000	326 000
Total Current Assets	684 000	999 000	714 000	359 000
Total Assets	988 000	1 261 000	1 087 000	773 000
Total Equity	322 000	533 000	226 000	458 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	35 000	166 000	208 000	113 000
Unpaid Taxes	100 000	37 000	25 000	83 000
Dividends	0	0	0	0
Other Current Debt	531 000	481 000	628 000	108 000
Total Current Debt	666 000	728 000	861 000	315 000
Total Equity and Debt	988 000	1 261 000	1 087 000	773 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−65,53 %	57,6 %	−102,65 %	20,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−9,3 %	16,68 %	−14,33 %	3,55 %
Current Ratio	1,03	1,37	0,83	1,14
Quick Ratio	1,03	1,37	0,84	1,14
Equity Ratio	0,33	0,42	0,21	0,59
Gross Profit Margin	98,51 %	96,35 %	97,31 %	97,95 %