Hardanger Møbelfabrikk AS

5781 LOFTHUS

Finances

Share Ownership

Return on Equity

11,31 %

Current Ratio

53,55

Debt-to-Equity Ratio

1,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	371 000	204 000	210 000	213 000
Net Income	135 000	31 000	−132 000	−283 000
Total Assets	3 318 000	3 308 000	3 319 000	4 344 000
Total Equity	1 194 000	1 059 000	1 027 000	1 159 000

Income (NOK)	2022	2021	2020	2019
Revenue	371 000	204 000	210 000	213 000
Expenditure	199 000	162 000	203 000	338 000
Operating Profit	172 000	42 000	7 000	−125 000
Financial Income	0	0	29 000	80 000
Financial Costs	36 000	11 000	168 000	239 000
Financial Balance	−36 000	−11 000	−139 000	−159 000
Earnings Before Tax	135 000	31 000	−132 000	−283 000
Tax	0	0	0	0
Net Income	135 000	31 000	−132 000	−283 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 247 000	2 247 000	2 257 000	2 267 000
Total Current Assets	1 071 000	1 061 000	1 062 000	2 077 000
Total Assets	3 318 000	3 308 000	3 319 000	4 344 000
Total Retained Equity	1 094 000	959 000	927 000	1 059 000
Total Equity	1 194 000	1 059 000	1 027 000	1 159 000
Total Long-Term Debt	2 104 000	2 222 000	2 283 000	3 175 000
Total Current Debt	20 000	27 000	8 000	10 000
Total Equity and Debt	3 318 000	3 308 000	3 319 000	4 344 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	108 000	107 000	95 000	26 000
Other Income	262 000	97 000	115 000	187 000
Revenue	371 000	204 000	210 000	213 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	10 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	199 000	162 000	203 000	338 000
Operating Profit	172 000	42 000	7 000	−125 000
Financial Income	0	0	29 000	80 000
Financial Costs	36 000	11 000	168 000	239 000
Financial Balance	−36 000	−11 000	−139 000	−159 000
Dividends	0	0	0	0
Net Income	135 000	31 000	−132 000	−283 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 247 000	2 247 000	2 257 000	2 267 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 247 000	2 247 000	2 257 000	2 267 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 247 000	2 247 000	2 257 000	2 267 000
Stock	1 000	4 000	4 000	4 000
Total Investments	0	0	0	0
Cash, Bank	1 070 000	1 036 000	1 057 000	2 048 000
Total Current Assets	1 071 000	1 061 000	1 062 000	2 077 000
Total Assets	3 318 000	3 308 000	3 319 000	4 344 000
Total Equity	1 194 000	1 059 000	1 027 000	1 159 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 104 000	2 222 000	2 283 000	3 175 000
Creditors	0	0	5 000	0
Unpaid Taxes	4 000	11 000	3 000	10 000
Dividends	0	0	0	0
Other Current Debt	16 000	16 000	0	0
Total Current Debt	20 000	27 000	8 000	10 000
Total Equity and Debt	3 318 000	3 308 000	3 319 000	4 344 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,31 %	2,93 %	−12,85 %	−24,42 %
Debt-to-Equity Ratio	1,76	2,1	2,22	2,74
Operating Profit Margin	46,36 %	20,59 %	3,33 %	−58,69 %
Current Ratio	53,55	39,3	132,75	207,7
Quick Ratio	56,37	46,13	265,5	346,17
Equity Ratio	0,36	0,32	0,31	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %