HØLEN HVITEVARER AS

3533 TYRISTRAND

Finances

Share Ownership

Return on Equity

57,06 %

Current Ratio

0,6

Debt-to-Equity Ratio

−0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 114 000	8 984 000	8 787 000	3 198 000
Net Income	−1 382 000	−474 000	−478 000	−117 000
Total Assets	2 823 000	2 880 000	2 703 000	2 330 000
Total Equity	−2 422 000	−1 039 000	−565 000	−87 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 114 000	8 984 000	8 787 000	3 198 000
Expenditure	8 472 000	16 408 000	9 246 000	3 302 000
Operating Profit	−1 358 000	−470 000	−460 000	−103 000
Financial Income	5 000	27 000	2 000	0
Financial Costs	29 000	32 000	21 000	13 000
Financial Balance	−24 000	−5 000	−19 000	−13 000
Earnings Before Tax	−1 382 000	−474 000	−478 000	−117 000
Tax	0	0	0	0
Net Income	−1 382 000	−474 000	−478 000	−117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	32 000	22 000	81 000
Total Current Assets	2 801 000	2 848 000	2 681 000	2 248 000
Total Assets	2 823 000	2 880 000	2 703 000	2 330 000
Total Retained Equity	−2 452 000	−1 069 000	−595 000	−117 000
Total Equity	−2 422 000	−1 039 000	−565 000	−87 000
Total Long-Term Debt	580 000	3 033 000	2 607 000	2 137 000
Total Current Debt	4 665 000	886 000	661 000	279 000
Total Equity and Debt	2 823 000	2 880 000	2 703 000	2 330 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 984 000	8 984 000	8 709 000	3 198 000
Other Income	130 000	0	78 000	0
Revenue	7 114 000	8 984 000	8 787 000	3 198 000
Cost of Goods Sold	5 502 000	13 466 000	6 395 000	2 308 000
Salary Costs	1 782 000	1 830 000	1 506 000	573 000
Depreciation	10 000	9 000	59 000	28 000
Impairment	0	0	0	0
Expenditure	8 472 000	16 408 000	9 246 000	3 302 000
Operating Profit	−1 358 000	−470 000	−460 000	−103 000
Financial Income	5 000	27 000	2 000	0
Financial Costs	29 000	32 000	21 000	13 000
Financial Balance	−24 000	−5 000	−19 000	−13 000
Dividends	0	0	0	0
Net Income	−1 382 000	−474 000	−478 000	−117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	53 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 000	32 000	22 000	28 000
Total Tangible Assets	22 000	32 000	22 000	81 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 000	32 000	22 000	81 000
Stock	1 691 000	2 180 000	1 724 000	1 120 000
Total Investments	0	0	0	0
Cash, Bank	758 000	292 000	665 000	914 000
Total Current Assets	2 801 000	2 848 000	2 681 000	2 248 000
Total Assets	2 823 000	2 880 000	2 703 000	2 330 000
Total Equity	−2 422 000	−1 039 000	−565 000	−87 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	580 000	3 033 000	2 607 000	2 137 000
Creditors	3 790 000	37 000	42 000	9 000
Unpaid Taxes	420 000	506 000	424 000	91 000
Dividends	0	0	0	0
Other Current Debt	454 000	342 000	194 000	179 000
Total Current Debt	4 665 000	886 000	661 000	279 000
Total Equity and Debt	2 823 000	2 880 000	2 703 000	2 330 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,06 %	45,62 %	84,6 %	134,48 %
Debt-to-Equity Ratio	−0,24	−2,92	−4,61	−24,56
Operating Profit Margin	−19,09 %	−5,23 %	−5,24 %	−3,22 %
Current Ratio	0,6	3,21	4,06	8,06
Quick Ratio	0,94	−2,2	−2,52	−2,67
Equity Ratio	−0,86	−0,36	−0,21	−0,04
Gross Profit Margin	22,66 %	−49,89 %	27,22 %	27,83 %