HITRA FRØYA LOKALAVIS AS

7240 HITRA

Finances

Share Ownership

Return on Equity

87,93 %

Current Ratio

1,43

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 458 000	20 603 000	18 207 000	17 476 000
Net Income	4 290 000	4 086 000	2 825 000	2 737 000
Total Assets	14 600 000	15 592 000	11 230 000	8 811 000
Total Equity	4 879 000	4 977 000	4 051 000	3 486 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 458 000	20 603 000	18 207 000	17 476 000
Expenditure	16 387 000	16 491 000	14 642 000	14 233 000
Operating Profit	4 071 000	4 112 000	3 564 000	3 244 000
Financial Income	237 000	64 000	68 000	254 000
Financial Costs	50 000	88 000	3 000	20 000
Financial Balance	187 000	−24 000	65 000	234 000
Earnings Before Tax	4 258 000	4 088 000	3 629 000	3 477 000
Tax	−32 000	2 000	804 000	740 000
Net Income	4 290 000	4 086 000	2 825 000	2 737 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 617 000	2 385 000	363 000	377 000
Total Current Assets	12 983 000	13 208 000	10 867 000	8 434 000
Total Assets	14 600 000	15 592 000	11 230 000	8 811 000
Total Retained Equity	4 748 000	4 877 000	3 951 000	3 386 000
Total Equity	4 879 000	4 977 000	4 051 000	3 486 000
Total Long-Term Debt	668 000	1 350 000	0	0
Total Current Debt	9 052 000	9 265 000	7 179 000	5 325 000
Total Equity and Debt	14 600 000	15 592 000	11 230 000	8 811 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 113 000	20 080 000	18 182 000	17 367 000
Other Income	344 000	524 000	25 000	109 000
Revenue	20 458 000	20 603 000	18 207 000	17 476 000
Cost of Goods Sold	2 595 000	2 404 000	3 087 000	2 863 000
Salary Costs	5 813 000	5 583 000	5 565 000	5 292 000
Depreciation	897 000	920 000	189 000	300 000
Impairment	0	0	0	0
Expenditure	16 387 000	16 491 000	14 642 000	14 233 000
Operating Profit	4 071 000	4 112 000	3 564 000	3 244 000
Financial Income	237 000	64 000	68 000	254 000
Financial Costs	50 000	88 000	3 000	20 000
Financial Balance	187 000	−24 000	65 000	234 000
Dividends	0	0	0	0
Net Income	4 290 000	4 086 000	2 825 000	2 737 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	85 000	52 000	46 000	77 000
Real Eastate	1 401 000	2 046 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	131 000	286 000	317 000	300 000
Total Tangible Assets	1 532 000	2 332 000	317 000	300 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 617 000	2 385 000	363 000	377 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	27 000	9 312 000	7 174 000
Total Current Assets	12 983 000	13 208 000	10 867 000	8 434 000
Total Assets	14 600 000	15 592 000	11 230 000	8 811 000
Total Equity	4 879 000	4 977 000	4 051 000	3 486 000
Short-Term Group Debt	4 419 000	4 108 000	2 898 000	0
Total Long-Term Debt	668 000	1 350 000	0	0
Creditors	468 000	305 000	1 107 000	524 000
Unpaid Taxes	106 000	183 000	437 000	385 000
Dividends	0	0	0	0
Other Current Debt	4 059 000	4 669 000	2 596 000	2 406 000
Total Current Debt	9 052 000	9 265 000	7 179 000	5 325 000
Total Equity and Debt	14 600 000	15 592 000	11 230 000	8 811 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,93 %	82,1 %	69,74 %	78,51 %
Debt-to-Equity Ratio	0,14	0,27	0	0
Operating Profit Margin	19,9 %	19,96 %	19,57 %	18,56 %
Current Ratio	1,43	1,43	1,51	1,58
Quick Ratio	1,43	1,43	1,51	1,58
Equity Ratio	0,33	0,32	0,36	0,4
Gross Profit Margin	87,32 %	88,33 %	83,04 %	83,62 %