HARDWOODS AS

1812 ASKIM

Finances

Share Ownership

Return on Equity

6,52 %

Current Ratio

−6,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 179 000	978 000	898 000	868 000
Net Income	46 000	86 000	102 000	0
Total Assets	623 000	750 000	761 000	561 000
Total Equity	705 000	359 000	576 000	474 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 179 000	978 000	898 000	868 000
Expenditure	1 110 000	865 000	777 000	860 000
Operating Profit	69 000	112 000	121 000	9 000
Financial Income	26 000	13 000	10 000	6 000
Financial Costs	17 000	11 000	4 000	7 000
Financial Balance	9 000	2 000	6 000	−1 000
Earnings Before Tax	78 000	115 000	128 000	8 000
Tax	32 000	28 000	26 000	8 000
Net Income	46 000	86 000	102 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	106 000	313 000	339 000	57 000
Total Current Assets	517 000	436 000	423 000	504 000
Total Assets	623 000	750 000	761 000	561 000
Total Retained Equity	655 000	309 000	526 000	424 000
Total Equity	705 000	359 000	576 000	474 000
Total Long-Term Debt	0	0	4 000	0
Total Current Debt	−82 000	390 000	181 000	87 000
Total Equity and Debt	623 000	750 000	761 000	561 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 179 000	978 000	828 000	868 000
Other Income	0	0	70 000	0
Revenue	1 179 000	978 000	898 000	868 000
Cost of Goods Sold	59 000	57 000	147 000	47 000
Salary Costs	515 000	404 000	275 000	489 000
Depreciation	7 000	54 000	37 000	57 000
Impairment	0	0	0	0
Expenditure	1 110 000	865 000	777 000	860 000
Operating Profit	69 000	112 000	121 000	9 000
Financial Income	26 000	13 000	10 000	6 000
Financial Costs	17 000	11 000	4 000	7 000
Financial Balance	9 000	2 000	6 000	−1 000
Dividends	0	86 000	0	0
Net Income	46 000	86 000	102 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	106 000	108 000	82 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	205 000	256 000	57 000
Total Tangible Assets	106 000	313 000	339 000	57 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	106 000	313 000	339 000	57 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	574 000	368 000	332 000	403 000
Total Current Assets	517 000	436 000	423 000	504 000
Total Assets	623 000	750 000	761 000	561 000
Total Equity	705 000	359 000	576 000	474 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	4 000	0
Creditors	17 000	−24 000	55 000	−18 000
Unpaid Taxes	11 000	18 000	28 000	23 000
Dividends	0	86 000	0	0
Other Current Debt	−142 000	64 000	74 000	74 000
Total Current Debt	−82 000	390 000	181 000	87 000
Total Equity and Debt	623 000	750 000	761 000	561 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,52 %	23,96 %	17,71 %	0 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	5,85 %	11,45 %	13,47 %	1,04 %
Current Ratio	−6,3	1,12	2,34	5,79
Quick Ratio	−6,3	1,12	2,34	5,79
Equity Ratio	1,13	0,48	0,76	0,84
Gross Profit Margin	95 %	94,17 %	83,63 %	94,59 %