HARPIX HEARTWOOD EMPIRE AS

3183 HORTEN

Finances

Share Ownership

Return on Equity

587,5 %

Current Ratio

1,3

Debt-to-Equity Ratio

1,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	789 000	504 000	675 000	436 000
Net Income	141 000	−218 000	50 000	−19 000
Total Assets	263 000	84 000	267 000	151 000
Total Equity	24 000	−117 000	102 000	69 000

Income (NOK)	2022	2021	2020	2019
Revenue	789 000	504 000	675 000	436 000
Expenditure	648 000	722 000	619 000	457 000
Operating Profit	141 000	−218 000	56 000	−22 000
Financial Income	0	0	3 000	2 000
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	3 000	2 000
Earnings Before Tax	141 000	−218 000	59 000	−19 000
Tax	0	0	9 000	0
Net Income	141 000	−218 000	50 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	5 000	44 000	86 000
Total Current Assets	263 000	80 000	224 000	65 000
Total Assets	263 000	84 000	267 000	151 000
Total Retained Equity	−6 000	−147 000	72 000	39 000
Total Equity	24 000	−117 000	102 000	69 000
Total Long-Term Debt	37 000	37 000	37 000	37 000
Total Current Debt	202 000	164 000	129 000	46 000
Total Equity and Debt	263 000	84 000	267 000	151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	789 000	514 000	621 000	436 000
Other Income	0	−10 000	54 000	0
Revenue	789 000	504 000	675 000	436 000
Cost of Goods Sold	−1 000	42 000	40 000	7 000
Salary Costs	400 000	364 000	231 000	143 000
Depreciation	5 000	39 000	50 000	43 000
Impairment	0	0	0	0
Expenditure	648 000	722 000	619 000	457 000
Operating Profit	141 000	−218 000	56 000	−22 000
Financial Income	0	0	3 000	2 000
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	3 000	2 000
Dividends	0	0	0	0
Net Income	141 000	−218 000	50 000	−19 000

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	5 000	44 000	86 000
Total Tangible Assets	0	5 000	44 000	86 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	5 000	44 000	86 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	164 000	79 000	181 000	30 000
Total Current Assets	263 000	80 000	224 000	65 000
Total Assets	263 000	84 000	267 000	151 000
Total Equity	24 000	−117 000	102 000	69 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	37 000	37 000	37 000	37 000
Creditors	8 000	76 000	39 000	13 000
Unpaid Taxes	157 000	51 000	62 000	33 000
Dividends	0	0	0	0
Other Current Debt	37 000	37 000	19 000	0
Total Current Debt	202 000	164 000	129 000	46 000
Total Equity and Debt	263 000	84 000	267 000	151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	587,5 %	186,32 %	49,02 %	−27,54 %
Debt-to-Equity Ratio	1,54	−0,32	0,36	0,54
Operating Profit Margin	17,87 %	−43,25 %	8,3 %	−5,05 %
Current Ratio	1,3	0,49	1,74	1,41
Quick Ratio	1,3	0,49	1,74	1,41
Equity Ratio	0,09	−1,39	0,38	0,46
Gross Profit Margin	100,13 %	91,67 %	94,07 %	98,39 %