HVELVET RESTAURANT AS

2609 LILLEHAMMER

Finances

Return on Equity

−53,22 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 331 000	11 015 000	8 724 000	10 377 000
Net Income	−612 000	1 026 000	224 000	−37 000
Total Assets	3 410 000	3 781 000	2 614 000	2 189 000
Total Equity	1 150 000	1 762 000	736 000	512 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 331 000	11 015 000	8 724 000	10 377 000
Expenditure	11 913 000	9 680 000	8 422 000	10 412 000
Operating Profit	−582 000	1 335 000	302 000	−35 000
Financial Income	1 000	0	1 000	0
Financial Costs	31 000	15 000	12 000	4 000
Financial Balance	−30 000	−15 000	−11 000	−4 000
Earnings Before Tax	−612 000	1 320 000	290 000	−38 000
Tax	0	294 000	67 000	−1 000
Net Income	−612 000	1 026 000	224 000	−37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	923 000	51 000	53 000	87 000
Total Current Assets	2 487 000	3 731 000	2 561 000	2 102 000
Total Assets	3 410 000	3 781 000	2 614 000	2 189 000
Total Retained Equity	1 127 000	1 739 000	712 000	489 000
Total Equity	1 150 000	1 762 000	736 000	512 000
Total Long-Term Debt	392 000	300 000	500 000	0
Total Current Debt	1 868 000	1 720 000	1 379 000	1 677 000
Total Equity and Debt	3 410 000	3 781 000	2 614 000	2 189 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 192 000	10 169 000	8 340 000	10 263 000
Other Income	139 000	846 000	385 000	114 000
Revenue	11 331 000	11 015 000	8 724 000	10 377 000
Cost of Goods Sold	3 732 000	3 327 000	2 911 000	3 859 000
Salary Costs	5 332 000	4 199 000	3 593 000	4 557 000
Depreciation	95 000	34 000	34 000	38 000
Impairment	0	0	0	0
Expenditure	11 913 000	9 680 000	8 422 000	10 412 000
Operating Profit	−582 000	1 335 000	302 000	−35 000
Financial Income	1 000	0	1 000	0
Financial Costs	31 000	15 000	12 000	4 000
Financial Balance	−30 000	−15 000	−11 000	−4 000
Dividends	0	0	0	0
Net Income	−612 000	1 026 000	224 000	−37 000

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	921 000	49 000	51 000	85 000
Total Tangible Assets	921 000	49 000	51 000	85 000
Total Fiancial Fixed Assets	2 000	2 000	2 000	2 000
Total Fixed Assets	923 000	51 000	53 000	87 000
Stock	904 000	954 000	676 000	496 000
Total Investments	0	0	0	0
Cash, Bank	871 000	1 944 000	1 382 000	922 000
Total Current Assets	2 487 000	3 731 000	2 561 000	2 102 000
Total Assets	3 410 000	3 781 000	2 614 000	2 189 000
Total Equity	1 150 000	1 762 000	736 000	512 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	392 000	300 000	500 000	0
Creditors	241 000	222 000	220 000	311 000
Unpaid Taxes	886 000	656 000	453 000	757 000
Dividends	0	0	0	0
Other Current Debt	741 000	547 000	639 000	609 000
Total Current Debt	1 868 000	1 720 000	1 379 000	1 677 000
Total Equity and Debt	3 410 000	3 781 000	2 614 000	2 189 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,22 %	58,23 %	30,43 %	−7,23 %
Debt-to-Equity Ratio	0,34	0,17	0,68	0
Operating Profit Margin	−5,14 %	12,12 %	3,46 %	−0,34 %
Current Ratio	1,33	2,17	1,86	1,25
Quick Ratio	2,58	4,87	3,64	1,78
Equity Ratio	0,34	0,47	0,28	0,23
Gross Profit Margin	67,06 %	69,8 %	66,63 %	62,81 %