HUSVARME AS

4623 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

52,99 %

Current Ratio

0,68

Debt-to-Equity Ratio

−0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 562 000	2 186 000	1 354 000	1 568 000
Net Income	−239 000	−131 000	−162 000	−75 000
Total Assets	913 000	593 000	565 000	566 000
Total Equity	−451 000	−212 000	−82 000	81 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 562 000	2 186 000	1 354 000	1 568 000
Expenditure	2 728 000	2 330 000	1 539 000	1 648 000
Operating Profit	−166 000	−144 000	−185 000	−79 000
Financial Income	0	1 000	4 000	0
Financial Costs	23 000	18 000	22 000	17 000
Financial Balance	−23 000	−17 000	−18 000	−17 000
Earnings Before Tax	−188 000	−160 000	−203 000	−96 000
Tax	51 000	−30 000	−41 000	−21 000
Net Income	−239 000	−131 000	−162 000	−75 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	51 000	21 000	36 000
Total Current Assets	913 000	542 000	544 000	530 000
Total Assets	913 000	593 000	565 000	566 000
Total Retained Equity	−481 000	−242 000	−112 000	51 000
Total Equity	−451 000	−212 000	−82 000	81 000
Total Long-Term Debt	26 000	0	0	0
Total Current Debt	1 338 000	805 000	647 000	485 000
Total Equity and Debt	913 000	593 000	565 000	566 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 562 000	2 186 000	1 354 000	1 555 000
Other Income	0	0	0	14 000
Revenue	2 562 000	2 186 000	1 354 000	1 568 000
Cost of Goods Sold	1 568 000	1 230 000	871 000	757 000
Salary Costs	732 000	706 000	273 000	425 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 728 000	2 330 000	1 539 000	1 648 000
Operating Profit	−166 000	−144 000	−185 000	−79 000
Financial Income	0	1 000	4 000	0
Financial Costs	23 000	18 000	22 000	17 000
Financial Balance	−23 000	−17 000	−18 000	−17 000
Dividends	0	0	0	0
Net Income	−239 000	−131 000	−162 000	−75 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	51 000	21 000	21 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	16 000
Total Fixed Assets	0	51 000	21 000	36 000
Stock	493 000	328 000	320 000	320 000
Total Investments	0	0	0	0
Cash, Bank	1 000	0	0	0
Total Current Assets	913 000	542 000	544 000	530 000
Total Assets	913 000	593 000	565 000	566 000
Total Equity	−451 000	−212 000	−82 000	81 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	26 000	0	0	0
Creditors	374 000	150 000	297 000	131 000
Unpaid Taxes	84 000	92 000	68 000	80 000
Dividends	0	0	0	0
Other Current Debt	748 000	450 000	121 000	114 000
Total Current Debt	1 338 000	805 000	647 000	485 000
Total Equity and Debt	913 000	593 000	565 000	566 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,99 %	61,79 %	197,56 %	−92,59 %
Debt-to-Equity Ratio	−0,06	−0	−0	0
Operating Profit Margin	−6,48 %	−6,59 %	−13,66 %	−5,04 %
Current Ratio	0,68	0,67	0,84	1,09
Quick Ratio	1,08	1,14	1,66	3,21
Equity Ratio	−0,49	−0,36	−0,15	0,14
Gross Profit Margin	38,8 %	43,73 %	35,67 %	51,72 %