HOKKSUND MØBELFORRETNING AS

3302 HOKKSUND

Finances

Return on Equity

12,17 %

Current Ratio

2,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 352 000	26 137 000	24 551 000	19 796 000
Net Income	570 000	2 569 000	2 699 000	359 000
Total Assets	7 846 000	10 056 000	11 552 000	7 519 000
Total Equity	4 684 000	4 613 000	4 044 000	4 845 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 352 000	26 137 000	24 551 000	19 796 000
Expenditure	18 617 000	22 842 000	21 049 000	19 340 000
Operating Profit	735 000	3 295 000	3 504 000	455 000
Financial Income	41 000	52 000	55 000	39 000
Financial Costs	46 000	29 000	98 000	34 000
Financial Balance	−5 000	23 000	−43 000	5 000
Earnings Before Tax	731 000	3 319 000	3 460 000	460 000
Tax	160 000	750 000	761 000	101 000
Net Income	570 000	2 569 000	2 699 000	359 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	355 000	442 000	435 000	468 000
Total Current Assets	7 491 000	9 613 000	11 117 000	7 051 000
Total Assets	7 846 000	10 056 000	11 552 000	7 519 000
Total Retained Equity	3 484 000	3 413 000	2 844 000	3 645 000
Total Equity	4 684 000	4 613 000	4 044 000	4 845 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 163 000	5 443 000	7 508 000	2 674 000
Total Equity and Debt	7 846 000	10 056 000	11 552 000	7 519 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 316 000	26 001 000	24 506 000	19 701 000
Other Income	36 000	137 000	46 000	95 000
Revenue	19 352 000	26 137 000	24 551 000	19 796 000
Cost of Goods Sold	10 773 000	14 454 000	13 943 000	11 697 000
Salary Costs	3 764 000	3 664 000	3 386 000	3 628 000
Depreciation	93 000	101 000	90 000	90 000
Impairment	0	0	0	0
Expenditure	18 617 000	22 842 000	21 049 000	19 340 000
Operating Profit	735 000	3 295 000	3 504 000	455 000
Financial Income	41 000	52 000	55 000	39 000
Financial Costs	46 000	29 000	98 000	34 000
Financial Balance	−5 000	23 000	−43 000	5 000
Dividends	500 000	0	3 500 000	0
Net Income	570 000	2 569 000	2 699 000	359 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	19 000	16 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	240 000	333 000	329 000	363 000
Total Tangible Assets	240 000	333 000	329 000	363 000
Total Fiancial Fixed Assets	91 000	91 000	91 000	91 000
Total Fixed Assets	355 000	442 000	435 000	468 000
Stock	5 017 000	4 966 000	5 142 000	4 767 000
Total Investments	0	0	0	0
Cash, Bank	1 813 000	3 693 000	4 876 000	1 255 000
Total Current Assets	7 491 000	9 613 000	11 117 000	7 051 000
Total Assets	7 846 000	10 056 000	11 552 000	7 519 000
Total Equity	4 684 000	4 613 000	4 044 000	4 845 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	607 000	392 000	946 000	821 000
Unpaid Taxes	722 000	1 077 000	975 000	777 000
Dividends	500 000	0	3 500 000	0
Other Current Debt	1 168 000	3 221 000	1 325 000	976 000
Total Current Debt	3 163 000	5 443 000	7 508 000	2 674 000
Total Equity and Debt	7 846 000	10 056 000	11 552 000	7 519 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,17 %	55,69 %	66,74 %	7,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,8 %	12,61 %	14,27 %	2,3 %
Current Ratio	2,37	1,77	1,48	2,64
Quick Ratio	−4,04	20,15	4,7	−3,37
Equity Ratio	0,6	0,46	0,35	0,64
Gross Profit Margin	44,33 %	44,7 %	43,21 %	40,91 %