HKS AS

3738 SKIEN

Finances

Share Ownership

Return on Equity

78,1 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 919 000	26 961 000	26 635 000	4 347 000
Net Income	624 000	594 000	830 000	−580 000
Total Assets	2 927 000	2 994 000	2 391 000	1 742 000
Total Equity	799 000	175 000	101 000	−480 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 919 000	26 961 000	26 635 000	4 347 000
Expenditure	25 118 000	26 199 000	25 727 000	4 926 000
Operating Profit	800 000	762 000	908 000	−579 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	7 000	1 000
Financial Balance	0	−1 000	−7 000	−1 000
Earnings Before Tax	800 000	762 000	902 000	−580 000
Tax	176 000	168 000	72 000	0
Net Income	624 000	594 000	830 000	−580 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	261 000	354 000	448 000	0
Total Current Assets	2 667 000	2 640 000	1 943 000	1 742 000
Total Assets	2 927 000	2 994 000	2 391 000	1 742 000
Total Retained Equity	699 000	75 000	1 000	−580 000
Total Equity	799 000	175 000	101 000	−480 000
Total Long-Term Debt	11 000	21 000	27 000	0
Total Current Debt	2 117 000	2 799 000	2 263 000	2 221 000
Total Equity and Debt	2 927 000	2 994 000	2 391 000	1 742 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 591 000	26 181 000	26 584 000	4 330 000
Other Income	328 000	780 000	51 000	17 000
Revenue	25 919 000	26 961 000	26 635 000	4 347 000
Cost of Goods Sold	17 991 000	18 873 000	19 064 000	3 427 000
Salary Costs	4 830 000	5 344 000	4 639 000	955 000
Depreciation	93 000	94 000	18 000	0
Impairment	0	0	0	0
Expenditure	25 118 000	26 199 000	25 727 000	4 926 000
Operating Profit	800 000	762 000	908 000	−579 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	7 000	1 000
Financial Balance	0	−1 000	−7 000	−1 000
Dividends	0	520 000	250 000	0
Net Income	624 000	594 000	830 000	−580 000

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	261 000	354 000	448 000	0
Total Tangible Assets	261 000	354 000	448 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	261 000	354 000	448 000	0
Stock	1 002 000	1 278 000	935 000	764 000
Total Investments	0	0	0	0
Cash, Bank	1 455 000	1 355 000	992 000	977 000
Total Current Assets	2 667 000	2 640 000	1 943 000	1 742 000
Total Assets	2 927 000	2 994 000	2 391 000	1 742 000
Total Equity	799 000	175 000	101 000	−480 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	21 000	27 000	0
Creditors	1 053 000	1 108 000	1 005 000	1 770 000
Unpaid Taxes	344 000	387 000	415 000	296 000
Dividends	0	520 000	250 000	0
Other Current Debt	535 000	609 000	549 000	155 000
Total Current Debt	2 117 000	2 799 000	2 263 000	2 221 000
Total Equity and Debt	2 927 000	2 994 000	2 391 000	1 742 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,1 %	339,43 %	821,78 %	120,83 %
Debt-to-Equity Ratio	0,01	0,12	0,27	−0
Operating Profit Margin	3,09 %	2,83 %	3,41 %	−13,32 %
Current Ratio	1,26	0,94	0,86	0,78
Quick Ratio	2,39	1,74	1,46	1,2
Equity Ratio	0,27	0,06	0,04	−0,28
Gross Profit Margin	30,59 %	30 %	28,43 %	21,16 %