HG NORGE AS

4170 SJERNARØY

Finances

Share Ownership

Return on Equity

23,83 %

Current Ratio

1,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	931 000	883 000	965 000	1 127 000
Net Income	107 000	284 000	240 000	327 000
Total Assets	1 118 000	1 022 000	756 000	1 041 000
Total Equity	449 000	742 000	457 000	217 000

Income (NOK)	2022	2021	2020	2019
Revenue	931 000	883 000	965 000	1 127 000
Expenditure	796 000	519 000	657 000	710 000
Operating Profit	136 000	364 000	307 000	416 000
Financial Income	2 000	1 000	1 000	3 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	1 000	3 000
Earnings Before Tax	137 000	364 000	308 000	419 000
Tax	30 000	80 000	68 000	92 000
Net Income	107 000	284 000	240 000	327 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	1 118 000	1 022 000	756 000	1 041 000
Total Assets	1 118 000	1 022 000	756 000	1 041 000
Total Retained Equity	345 000	638 000	353 000	113 000
Total Equity	449 000	742 000	457 000	217 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	669 000	280 000	299 000	824 000
Total Equity and Debt	1 118 000	1 022 000	756 000	1 041 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	931 000	883 000	965 000	1 127 000
Other Income	0	0	0	0
Revenue	931 000	883 000	965 000	1 127 000
Cost of Goods Sold	675 000	384 000	625 000	578 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	796 000	519 000	657 000	710 000
Operating Profit	136 000	364 000	307 000	416 000
Financial Income	2 000	1 000	1 000	3 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	1 000	3 000
Dividends	400 000	0	0	400 000
Net Income	107 000	284 000	240 000	327 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	256 000	245 000	188 000	262 000
Total Investments	0	0	0	0
Cash, Bank	819 000	704 000	340 000	595 000
Total Current Assets	1 118 000	1 022 000	756 000	1 041 000
Total Assets	1 118 000	1 022 000	756 000	1 041 000
Total Equity	449 000	742 000	457 000	217 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	−13 000	−11 000	50 000
Unpaid Taxes	233 000	213 000	241 000	282 000
Dividends	400 000	0	0	400 000
Other Current Debt	0	0	0	0
Total Current Debt	669 000	280 000	299 000	824 000
Total Equity and Debt	1 118 000	1 022 000	756 000	1 041 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,83 %	38,27 %	52,52 %	150,69 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,61 %	41,22 %	31,81 %	36,91 %
Current Ratio	1,67	3,65	2,53	1,26
Quick Ratio	2,71	29,2	6,81	1,85
Equity Ratio	0,4	0,73	0,6	0,21
Gross Profit Margin	27,5 %	56,51 %	35,23 %	48,71 %