HVITTINGFOSS SERVICESENTER AS

3647 HVITTINGFOSS

Finances

Return on Equity

31,53 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	57 856 000	42 013 000	34 659 000	35 795 000
Net Income	192 000	735 000	171 000	4 000
Total Assets	4 884 000	4 333 000	3 645 000	3 326 000
Total Equity	609 000	567 000	567 000	550 000

Income (NOK)	2022	2021	2020	2019
Revenue	57 856 000	42 013 000	34 659 000	35 795 000
Expenditure	57 615 000	41 076 000	34 442 000	35 788 000
Operating Profit	241 000	937 000	216 000	6 000
Financial Income	11 000	10 000	9 000	6 000
Financial Costs	9 000	8 000	9 000	8 000
Financial Balance	2 000	2 000	0	−2 000
Earnings Before Tax	243 000	940 000	217 000	4 000
Tax	51 000	204 000	46 000	1 000
Net Income	192 000	735 000	171 000	4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	284 000	248 000	310 000	401 000
Total Current Assets	4 600 000	4 085 000	3 335 000	2 925 000
Total Assets	4 884 000	4 333 000	3 645 000	3 326 000
Total Retained Equity	374 000	332 000	332 000	316 000
Total Equity	609 000	567 000	567 000	550 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 275 000	3 766 000	3 078 000	2 776 000
Total Equity and Debt	4 884 000	4 333 000	3 645 000	3 326 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 693 000	41 840 000	34 505 000	35 598 000
Other Income	162 000	173 000	154 000	197 000
Revenue	57 856 000	42 013 000	34 659 000	35 795 000
Cost of Goods Sold	48 992 000	33 367 000	27 625 000	28 025 000
Salary Costs	5 270 000	5 050 000	4 449 000	5 117 000
Depreciation	37 000	90 000	88 000	98 000
Impairment	0	0	0	0
Expenditure	57 615 000	41 076 000	34 442 000	35 788 000
Operating Profit	241 000	937 000	216 000	6 000
Financial Income	11 000	10 000	9 000	6 000
Financial Costs	9 000	8 000	9 000	8 000
Financial Balance	2 000	2 000	0	−2 000
Dividends	0	0	0	0
Net Income	192 000	735 000	171 000	4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	47 000	56 000	53 000	55 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	97 000	52 000	117 000	205 000
Total Tangible Assets	97 000	52 000	117 000	205 000
Total Fiancial Fixed Assets	140 000	140 000	140 000	140 000
Total Fixed Assets	284 000	248 000	310 000	401 000
Stock	1 703 000	1 483 000	1 279 000	1 435 000
Total Investments	0	0	0	0
Cash, Bank	2 685 000	2 080 000	1 639 000	575 000
Total Current Assets	4 600 000	4 085 000	3 335 000	2 925 000
Total Assets	4 884 000	4 333 000	3 645 000	3 326 000
Total Equity	609 000	567 000	567 000	550 000
Short-Term Group Debt	781 000	943 000	197 000	0
Total Long-Term Debt	0	0	0	0
Creditors	2 004 000	1 229 000	1 561 000	1 438 000
Unpaid Taxes	408 000	555 000	403 000	354 000
Dividends	0	0	0	0
Other Current Debt	1 083 000	1 039 000	917 000	984 000
Total Current Debt	4 275 000	3 766 000	3 078 000	2 776 000
Total Equity and Debt	4 884 000	4 333 000	3 645 000	3 326 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,53 %	129,63 %	30,16 %	0,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,42 %	2,23 %	0,62 %	0,02 %
Current Ratio	1,08	1,08	1,08	1,05
Quick Ratio	1,79	1,79	1,85	2,18
Equity Ratio	0,12	0,13	0,16	0,17
Gross Profit Margin	15,32 %	20,58 %	20,29 %	21,71 %