H2W STUDIO AS

0177 OSLO

Finances

Share Ownership

Return on Equity

12,37 %

Current Ratio

1,98

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 557 000	3 024 000	2 627 000	2 571 000
Net Income	302 000	677 000	498 000	338 000
Total Assets	3 535 000	4 262 000	4 074 000	3 686 000
Total Equity	2 442 000	2 140 000	2 113 000	2 114 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 557 000	3 024 000	2 627 000	2 571 000
Expenditure	2 135 000	2 116 000	1 943 000	2 085 000
Operating Profit	422 000	907 000	684 000	486 000
Financial Income	1 000	0	0	1 000
Financial Costs	36 000	39 000	44 000	54 000
Financial Balance	−35 000	−39 000	−44 000	−53 000
Earnings Before Tax	387 000	868 000	640 000	433 000
Tax	85 000	191 000	142 000	95 000
Net Income	302 000	677 000	498 000	338 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 733 000	2 797 000	2 839 000	2 888 000
Total Current Assets	802 000	1 465 000	1 235 000	798 000
Total Assets	3 535 000	4 262 000	4 074 000	3 686 000
Total Retained Equity	2 422 000	2 120 000	2 093 000	2 094 000
Total Equity	2 442 000	2 140 000	2 113 000	2 114 000
Total Long-Term Debt	688 000	876 000	964 000	1 094 000
Total Current Debt	405 000	1 246 000	997 000	477 000
Total Equity and Debt	3 535 000	4 262 000	4 074 000	3 686 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 557 000	3 024 000	2 627 000	2 523 000
Other Income	0	0	0	49 000
Revenue	2 557 000	3 024 000	2 627 000	2 571 000
Cost of Goods Sold	81 000	82 000	41 000	60 000
Salary Costs	1 526 000	1 487 000	1 419 000	1 458 000
Depreciation	128 000	134 000	130 000	157 000
Impairment	0	0	0	0
Expenditure	2 135 000	2 116 000	1 943 000	2 085 000
Operating Profit	422 000	907 000	684 000	486 000
Financial Income	1 000	0	0	1 000
Financial Costs	36 000	39 000	44 000	54 000
Financial Balance	−35 000	−39 000	−44 000	−53 000
Dividends	0	650 000	500 000	0
Net Income	302 000	677 000	498 000	338 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 557 000	2 609 000	2 662 000	2 716 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	176 000	188 000	176 000	172 000
Total Tangible Assets	2 733 000	2 797 000	2 839 000	2 888 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 733 000	2 797 000	2 839 000	2 888 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	576 000	1 076 000	902 000	600 000
Total Current Assets	802 000	1 465 000	1 235 000	798 000
Total Assets	3 535 000	4 262 000	4 074 000	3 686 000
Total Equity	2 442 000	2 140 000	2 113 000	2 114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	688 000	876 000	964 000	1 094 000
Creditors	63 000	34 000	42 000	44 000
Unpaid Taxes	117 000	243 000	176 000	182 000
Dividends	0	650 000	500 000	0
Other Current Debt	140 000	128 000	137 000	156 000
Total Current Debt	405 000	1 246 000	997 000	477 000
Total Equity and Debt	3 535 000	4 262 000	4 074 000	3 686 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,37 %	31,64 %	23,57 %	15,99 %
Debt-to-Equity Ratio	0,28	0,41	0,46	0,52
Operating Profit Margin	16,5 %	29,99 %	26,04 %	18,9 %
Current Ratio	1,98	1,18	1,24	1,67
Quick Ratio	1,98	1,18	1,24	1,67
Equity Ratio	0,69	0,5	0,52	0,57
Gross Profit Margin	96,83 %	97,29 %	98,44 %	97,67 %