HESTESPORTMEDIER PRODUKSJON AS

4877 GRIMSTAD

Finances

Share Ownership

Return on Equity

58,33 %

Current Ratio

0,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 420 000	90 000	209 000	173 000
Net Income	7 000	−14 000	−4 000	−20 000
Total Assets	45 000	11 000	36 000	33 000
Total Equity	12 000	5 000	19 000	23 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 420 000	90 000	209 000	173 000
Expenditure	1 411 000	104 000	209 000	196 000
Operating Profit	9 000	−14 000	0	−24 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	7 000	−14 000	0	−24 000
Tax	0	0	4 000	−3 000
Net Income	7 000	−14 000	−4 000	−20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 000	9 000	9 000	9 000
Total Current Assets	27 000	2 000	27 000	24 000
Total Assets	45 000	11 000	36 000	33 000
Total Retained Equity	−18 000	−25 000	−11 000	−7 000
Total Equity	12 000	5 000	19 000	23 000
Total Long-Term Debt	0	3 000	3 000	2 000
Total Current Debt	33 000	3 000	14 000	9 000
Total Equity and Debt	45 000	11 000	36 000	33 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 420 000	90 000	209 000	173 000
Other Income	0	0	0	0
Revenue	1 420 000	90 000	209 000	173 000
Cost of Goods Sold	0	0	4 000	8 000
Salary Costs	333 000	0	30 000	59 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 411 000	104 000	209 000	196 000
Operating Profit	9 000	−14 000	0	−24 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	0	0	0	0
Net Income	7 000	−14 000	−4 000	−20 000

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	18 000	0	0	0
Total Tangible Assets	18 000	0	0	0
Total Fiancial Fixed Assets	0	9 000	9 000	9 000
Total Fixed Assets	18 000	9 000	9 000	9 000
Stock	0	0	0	0
Total Investments	9 000	0	0	0
Cash, Bank	13 000	1 000	26 000	9 000
Total Current Assets	27 000	2 000	27 000	24 000
Total Assets	45 000	11 000	36 000	33 000
Total Equity	12 000	5 000	19 000	23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	3 000	2 000
Creditors	0	3 000	3 000	5 000
Unpaid Taxes	11 000	0	6 000	0
Dividends	0	0	0	0
Other Current Debt	22 000	0	3 000	4 000
Total Current Debt	33 000	3 000	14 000	9 000
Total Equity and Debt	45 000	11 000	36 000	33 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,33 %	−280 %	−21,05 %	−86,96 %
Debt-to-Equity Ratio	0	0,6	0,16	0,09
Operating Profit Margin	0,63 %	−15,56 %	0 %	−13,87 %
Current Ratio	0,82	0,67	1,93	2,67
Quick Ratio	0,82	0,67	1,93	2,67
Equity Ratio	0,27	0,45	0,53	0,7
Gross Profit Margin	100 %	100 %	98,09 %	95,38 %