HOWDEN NORWAY OSLO AS

0167 OSLO

Finances

Return on Equity

191,15 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 649 000	27 277 000	18 065 000	17 105 000
Net Income	5 855 000	5 440 000	694 000	1 307 000
Total Assets	17 625 000	15 144 000	9 945 000	9 956 000
Total Equity	3 063 000	2 937 000	2 422 000	3 109 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 649 000	27 277 000	18 065 000	17 105 000
Expenditure	23 869 000	20 003 000	17 054 000	15 341 000
Operating Profit	7 780 000	7 274 000	1 011 000	1 764 000
Financial Income	109 000	31 000	52 000	68 000
Financial Costs	69 000	54 000	135 000	77 000
Financial Balance	40 000	−23 000	−83 000	−9 000
Earnings Before Tax	7 819 000	7 251 000	928 000	1 756 000
Tax	1 964 000	1 812 000	233 000	449 000
Net Income	5 855 000	5 440 000	694 000	1 307 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	203 000	120 000	178 000	1 402 000
Total Current Assets	17 422 000	15 024 000	9 766 000	8 554 000
Total Assets	17 625 000	15 144 000	9 945 000	9 956 000
Total Retained Equity	2 763 000	2 640 000	2 127 000	2 814 000
Total Equity	3 063 000	2 937 000	2 422 000	3 109 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	14 562 000	12 207 000	7 522 000	6 847 000
Total Equity and Debt	17 625 000	15 144 000	9 945 000	9 956 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 649 000	27 277 000	18 065 000	17 105 000
Other Income	0	0	0	0
Revenue	31 649 000	27 277 000	18 065 000	17 105 000
Cost of Goods Sold	128 000	89 000	0	−360 000
Salary Costs	18 576 000	15 029 000	12 888 000	11 618 000
Depreciation	71 000	74 000	96 000	122 000
Impairment	0	0	0	0
Expenditure	23 869 000	20 003 000	17 054 000	15 341 000
Operating Profit	7 780 000	7 274 000	1 011 000	1 764 000
Financial Income	109 000	31 000	52 000	68 000
Financial Costs	69 000	54 000	135 000	77 000
Financial Balance	40 000	−23 000	−83 000	−9 000
Dividends	5 854 000	5 000 000	650 000	650 000
Net Income	5 855 000	5 440 000	694 000	1 307 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	62 000	45 000	64 000	29 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	89 000	75 000	114 000	172 000
Total Tangible Assets	89 000	75 000	114 000	172 000
Total Fiancial Fixed Assets	52 000	0	0	1 200 000
Total Fixed Assets	203 000	120 000	178 000	1 402 000
Stock	0	0	0	0
Total Investments	26 000	39 000	18 000	8 000
Cash, Bank	4 977 000	2 409 000	2 995 000	1 960 000
Total Current Assets	17 422 000	15 024 000	9 766 000	8 554 000
Total Assets	17 625 000	15 144 000	9 945 000	9 956 000
Total Equity	3 063 000	2 937 000	2 422 000	3 109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	186 000	7 000	182 000	32 000
Unpaid Taxes	1 344 000	1 051 000	873 000	949 000
Dividends	5 854 000	5 000 000	650 000	650 000
Other Current Debt	5 215 000	4 339 000	5 581 000	4 856 000
Total Current Debt	14 562 000	12 207 000	7 522 000	6 847 000
Total Equity and Debt	17 625 000	15 144 000	9 945 000	9 956 000

Financial indicators	2022	2021	2020	2019
Return on Equity	191,15 %	185,22 %	28,65 %	42,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	24,58 %	26,67 %	5,6 %	10,31 %
Current Ratio	1,2	1,23	1,3	1,25
Quick Ratio	1,2	1,23	1,3	1,25
Equity Ratio	0,17	0,19	0,24	0,31
Gross Profit Margin	99,6 %	99,67 %	100 %	102,1 %