HOELS AUTO AS

3515 HØNEFOSS

Finances

Share Ownership

Return on Equity

−11,2 %

Current Ratio

1,95

Debt-to-Equity Ratio

1,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 804 000	6 041 000	4 672 000	4 575 000
Net Income	−115 000	−27 000	322 000	248 000
Total Assets	3 400 000	3 449 000	2 322 000	1 732 000
Total Equity	1 027 000	1 142 000	1 169 000	948 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 804 000	6 041 000	4 672 000	4 575 000
Expenditure	5 887 000	6 029 000	4 260 000	4 294 000
Operating Profit	−84 000	11 000	412 000	281 000
Financial Income	8 000	1 000	1 000	1 000
Financial Costs	55 000	44 000	0	0
Financial Balance	−47 000	−43 000	1 000	1 000
Earnings Before Tax	−131 000	−32 000	413 000	282 000
Tax	−16 000	−5 000	91 000	34 000
Net Income	−115 000	−27 000	322 000	248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 265 000	1 390 000	1 178 000	57 000
Total Current Assets	2 135 000	2 059 000	1 144 000	1 675 000
Total Assets	3 400 000	3 449 000	2 322 000	1 732 000
Total Retained Equity	537 000	652 000	679 000	458 000
Total Equity	1 027 000	1 142 000	1 169 000	948 000
Total Long-Term Debt	1 276 000	1 403 000	21 000	0
Total Current Debt	1 097 000	904 000	1 132 000	784 000
Total Equity and Debt	3 400 000	3 449 000	2 322 000	1 732 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 800 000	6 039 000	4 672 000	4 575 000
Other Income	4 000	2 000	1 000	0
Revenue	5 804 000	6 041 000	4 672 000	4 575 000
Cost of Goods Sold	1 888 000	2 144 000	1 471 000	1 329 000
Salary Costs	2 359 000	2 363 000	1 890 000	2 130 000
Depreciation	142 000	142 000	30 000	29 000
Impairment	0	0	0	0
Expenditure	5 887 000	6 029 000	4 260 000	4 294 000
Operating Profit	−84 000	11 000	412 000	281 000
Financial Income	8 000	1 000	1 000	1 000
Financial Costs	55 000	44 000	0	0
Financial Balance	−47 000	−43 000	1 000	1 000
Dividends	0	0	100 000	100 000
Net Income	−115 000	−27 000	322 000	248 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 265 000	1 390 000	1 178 000	27 000
Total Tangible Assets	1 265 000	1 390 000	1 178 000	27 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 265 000	1 390 000	1 178 000	57 000
Stock	133 000	87 000	87 000	87 000
Total Investments	0	0	0	0
Cash, Bank	1 117 000	1 209 000	590 000	1 037 000
Total Current Assets	2 135 000	2 059 000	1 144 000	1 675 000
Total Assets	3 400 000	3 449 000	2 322 000	1 732 000
Total Equity	1 027 000	1 142 000	1 169 000	948 000
Short-Term Group Debt	100 000	100 000	0	0
Total Long-Term Debt	1 276 000	1 403 000	21 000	0
Creditors	366 000	179 000	681 000	97 000
Unpaid Taxes	405 000	413 000	140 000	330 000
Dividends	0	0	100 000	100 000
Other Current Debt	226 000	212 000	171 000	194 000
Total Current Debt	1 097 000	904 000	1 132 000	784 000
Total Equity and Debt	3 400 000	3 449 000	2 322 000	1 732 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,2 %	−2,36 %	27,54 %	26,16 %
Debt-to-Equity Ratio	1,24	1,23	0,02	0
Operating Profit Margin	−1,45 %	0,18 %	8,82 %	6,14 %
Current Ratio	1,95	2,28	1,01	2,14
Quick Ratio	2,21	2,52	1,09	2,4
Equity Ratio	0,3	0,33	0,5	0,55
Gross Profit Margin	67,47 %	64,51 %	68,51 %	70,95 %