HITRA BYGG & BETONG AS

7247 HESTVIKA

Finances

Return on Equity

15,83 %

Current Ratio

2,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 816 000	54 565 000	60 900 000	62 037 000
Net Income	1 919 000	2 229 000	−760 000	1 862 000
Total Assets	17 837 000	20 443 000	16 843 000	20 428 000
Total Equity	12 121 000	12 453 000	10 223 000	10 983 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 816 000	54 565 000	60 900 000	62 037 000
Expenditure	54 258 000	51 810 000	61 702 000	59 784 000
Operating Profit	2 558 000	2 755 000	−802 000	2 380 000
Financial Income	62 000	149 000	56 000	100 000
Financial Costs	149 000	79 000	209 000	105 000
Financial Balance	−87 000	70 000	−153 000	−5 000
Earnings Before Tax	2 472 000	2 826 000	−954 000	2 376 000
Tax	553 000	597 000	−195 000	513 000
Net Income	1 919 000	2 229 000	−760 000	1 862 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 037 000	2 709 000	3 389 000	3 168 000
Total Current Assets	15 800 000	17 733 000	13 454 000	17 260 000
Total Assets	17 837 000	20 443 000	16 843 000	20 428 000
Total Retained Equity	11 896 000	12 228 000	9 998 000	10 758 000
Total Equity	12 121 000	12 453 000	10 223 000	10 983 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 716 000	7 990 000	6 620 000	9 445 000
Total Equity and Debt	17 837 000	20 443 000	16 843 000	20 428 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 367 000	53 973 000	59 207 000	62 037 000
Other Income	1 449 000	592 000	1 693 000	0
Revenue	56 816 000	54 565 000	60 900 000	62 037 000
Cost of Goods Sold	32 108 000	28 962 000	34 361 000	33 260 000
Salary Costs	10 593 000	10 628 000	11 837 000	12 203 000
Depreciation	417 000	581 000	822 000	1 422 000
Impairment	0	0	0	0
Expenditure	54 258 000	51 810 000	61 702 000	59 784 000
Operating Profit	2 558 000	2 755 000	−802 000	2 380 000
Financial Income	62 000	149 000	56 000	100 000
Financial Costs	149 000	79 000	209 000	105 000
Financial Balance	−87 000	70 000	−153 000	−5 000
Dividends	0	0	0	0
Net Income	1 919 000	2 229 000	−760 000	1 862 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	332 000	667 000	388 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	553 000	656 000	908 000	732 000
Fixtures	750 000	893 000	691 000	998 000
Total Tangible Assets	1 303 000	1 549 000	1 599 000	1 730 000
Total Fiancial Fixed Assets	704 000	829 000	1 123 000	1 049 000
Total Fixed Assets	2 037 000	2 709 000	3 389 000	3 168 000
Stock	1 120 000	2 453 000	1 478 000	1 144 000
Total Investments	331 000	382 000	261 000	268 000
Cash, Bank	5 237 000	1 830 000	5 635 000	2 932 000
Total Current Assets	15 800 000	17 733 000	13 454 000	17 260 000
Total Assets	17 837 000	20 443 000	16 843 000	20 428 000
Total Equity	12 121 000	12 453 000	10 223 000	10 983 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 421 000	2 608 000	2 796 000	4 593 000
Unpaid Taxes	543 000	1 889 000	1 024 000	1 452 000
Dividends	0	0	0	0
Other Current Debt	2 500 000	3 232 000	2 716 000	2 785 000
Total Current Debt	5 716 000	7 990 000	6 620 000	9 445 000
Total Equity and Debt	17 837 000	20 443 000	16 843 000	20 428 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,83 %	17,9 %	−7,43 %	16,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,5 %	5,05 %	−1,32 %	3,84 %
Current Ratio	2,76	2,22	2,03	1,83
Quick Ratio	3,44	3,2	2,62	2,08
Equity Ratio	0,68	0,61	0,61	0,54
Gross Profit Margin	43,49 %	46,92 %	43,58 %	46,39 %