HOLMGREN AS

2162 BRÅRUD

Finances

Return on Equity

18,55 %

Current Ratio

2,82

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	35 259 000	42 307 000	47 122 000	42 263 000
Net Income	2 465 000	637 000	4 154 000	4 198 000
Total Assets	23 169 000	22 146 000	27 026 000	25 416 000
Total Equity	13 286 000	11 826 000	12 194 000	12 065 000

Income (NOK)	2022	2021	2020	2019
Revenue	35 259 000	42 307 000	47 122 000	42 263 000
Expenditure	31 999 000	41 443 000	41 745 000	36 617 000
Operating Profit	3 260 000	864 000	5 377 000	5 646 000
Financial Income	72 000	100 000	121 000	83 000
Financial Costs	171 000	136 000	155 000	345 000
Financial Balance	−99 000	−36 000	−34 000	−262 000
Earnings Before Tax	3 161 000	827 000	5 343 000	5 385 000
Tax	695 000	189 000	1 189 000	1 187 000
Net Income	2 465 000	637 000	4 154 000	4 198 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 410 000	10 566 000	14 571 000	14 573 000
Total Current Assets	11 759 000	11 580 000	12 455 000	10 843 000
Total Assets	23 169 000	22 146 000	27 026 000	25 416 000
Total Retained Equity	12 311 000	9 876 000	10 244 000	10 115 000
Total Equity	13 286 000	11 826 000	12 194 000	12 065 000
Total Long-Term Debt	5 712 000	4 997 000	8 257 000	7 972 000
Total Current Debt	4 171 000	5 323 000	6 576 000	5 380 000
Total Equity and Debt	23 169 000	22 146 000	27 026 000	25 416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 633 000	39 326 000	42 217 000	39 215 000
Other Income	2 627 000	2 980 000	4 905 000	3 049 000
Revenue	35 259 000	42 307 000	47 122 000	42 263 000
Cost of Goods Sold	11 649 000	19 774 000	20 314 000	17 066 000
Salary Costs	6 017 000	6 961 000	6 294 000	5 878 000
Depreciation	2 281 000	2 654 000	3 045 000	2 987 000
Impairment	0	0	0	0
Expenditure	31 999 000	41 443 000	41 745 000	36 617 000
Operating Profit	3 260 000	864 000	5 377 000	5 646 000
Financial Income	72 000	100 000	121 000	83 000
Financial Costs	171 000	136 000	155 000	345 000
Financial Balance	−99 000	−36 000	−34 000	−262 000
Dividends	0	0	0	0
Net Income	2 465 000	637 000	4 154 000	4 198 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	939 000	980 000	1 021 000	1 062 000
Machinery and Plant Facilities	358 000	468 000	0	0
Fixtures	9 302 000	8 004 000	12 125 000	11 811 000
Total Tangible Assets	10 598 000	9 452 000	13 146 000	12 873 000
Total Fiancial Fixed Assets	812 000	1 114 000	1 426 000	1 700 000
Total Fixed Assets	11 410 000	10 566 000	14 571 000	14 573 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 149 000	2 050 000	5 077 000	5 027 000
Total Current Assets	11 759 000	11 580 000	12 455 000	10 843 000
Total Assets	23 169 000	22 146 000	27 026 000	25 416 000
Total Equity	13 286 000	11 826 000	12 194 000	12 065 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 712 000	4 997 000	8 257 000	7 972 000
Creditors	1 747 000	2 196 000	1 685 000	2 097 000
Unpaid Taxes	1 112 000	1 052 000	445 000	1 590 000
Dividends	0	0	0	0
Other Current Debt	692 000	1 989 000	3 915 000	929 000
Total Current Debt	4 171 000	5 323 000	6 576 000	5 380 000
Total Equity and Debt	23 169 000	22 146 000	27 026 000	25 416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,55 %	5,39 %	34,07 %	34,79 %
Debt-to-Equity Ratio	0,43	0,42	0,68	0,66
Operating Profit Margin	9,25 %	2,04 %	11,41 %	13,36 %
Current Ratio	2,82	2,18	1,89	2,02
Quick Ratio	2,82	2,18	1,89	2,02
Equity Ratio	0,57	0,53	0,45	0,47
Gross Profit Margin	66,96 %	53,26 %	56,89 %	59,62 %