HVITSAND ENTREPRENØR AS

7130 BREKSTAD

Finances

Share Ownership

Return on Equity

−1 300 %

Current Ratio

0,72

Debt-to-Equity Ratio

18,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 499 000	27 978 000	22 242 000	36 695 000
Net Income	−2 912 000	−508 000	−1 205 000	4 002 000
Total Assets	13 086 000	13 737 000	12 628 000	17 571 000
Total Equity	224 000	3 136 000	3 644 000	4 849 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 499 000	27 978 000	22 242 000	36 695 000
Expenditure	32 104 000	28 304 000	23 583 000	31 262 000
Operating Profit	−2 605 000	−325 000	−1 341 000	5 434 000
Financial Income	0	2 000	1 000	1 000
Financial Costs	543 000	328 000	202 000	304 000
Financial Balance	−543 000	−326 000	−201 000	−303 000
Earnings Before Tax	−3 148 000	−651 000	−1 542 000	5 131 000
Tax	−237 000	−143 000	−337 000	1 129 000
Net Income	−2 912 000	−508 000	−1 205 000	4 002 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 827 000	7 566 000	7 914 000	5 755 000
Total Current Assets	6 259 000	6 171 000	4 714 000	11 816 000
Total Assets	13 086 000	13 737 000	12 628 000	17 571 000
Total Retained Equity	24 000	2 936 000	3 444 000	4 649 000
Total Equity	224 000	3 136 000	3 644 000	4 849 000
Total Long-Term Debt	4 116 000	4 918 000	4 310 000	3 536 000
Total Current Debt	8 746 000	5 683 000	4 674 000	9 186 000
Total Equity and Debt	13 086 000	13 737 000	12 628 000	17 571 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 893 000	27 828 000	21 529 000	36 692 000
Other Income	606 000	151 000	712 000	3 000
Revenue	29 499 000	27 978 000	22 242 000	36 695 000
Cost of Goods Sold	11 205 000	8 251 000	5 911 000	14 543 000
Salary Costs	10 032 000	9 900 000	9 085 000	7 649 000
Depreciation	997 000	1 044 000	994 000	895 000
Impairment	0	0	0	0
Expenditure	32 104 000	28 304 000	23 583 000	31 262 000
Operating Profit	−2 605 000	−325 000	−1 341 000	5 434 000
Financial Income	0	2 000	1 000	1 000
Financial Costs	543 000	328 000	202 000	304 000
Financial Balance	−543 000	−326 000	−201 000	−303 000
Dividends	0	0	0	0
Net Income	−2 912 000	−508 000	−1 205 000	4 002 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 131 000	3 016 000	2 239 000	1 143 000
Machinery and Plant Facilities	2 029 000	2 807 000	3 702 000	2 536 000
Fixtures	833 000	1 038 000	990 000	1 230 000
Total Tangible Assets	5 992 000	6 861 000	6 931 000	4 908 000
Total Fiancial Fixed Assets	834 000	704 000	983 000	847 000
Total Fixed Assets	6 827 000	7 566 000	7 914 000	5 755 000
Stock	343 000	280 000	332 000	132 000
Total Investments	0	0	0	0
Cash, Bank	332 000	630 000	2 538 000	241 000
Total Current Assets	6 259 000	6 171 000	4 714 000	11 816 000
Total Assets	13 086 000	13 737 000	12 628 000	17 571 000
Total Equity	224 000	3 136 000	3 644 000	4 849 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 116 000	4 918 000	4 310 000	3 536 000
Creditors	3 976 000	2 911 000	1 655 000	5 109 000
Unpaid Taxes	1 947 000	1 240 000	946 000	1 769 000
Dividends	0	0	0	0
Other Current Debt	808 000	1 223 000	2 073 000	667 000
Total Current Debt	8 746 000	5 683 000	4 674 000	9 186 000
Total Equity and Debt	13 086 000	13 737 000	12 628 000	17 571 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 300 %	−16,2 %	−33,07 %	82,53 %
Debt-to-Equity Ratio	18,38	1,57	1,18	0,73
Operating Profit Margin	−8,83 %	−1,16 %	−6,03 %	14,81 %
Current Ratio	0,72	1,09	1,01	1,29
Quick Ratio	0,74	1,14	1,09	1,31
Equity Ratio	0,02	0,23	0,29	0,28
Gross Profit Margin	62,02 %	70,51 %	73,42 %	60,37 %