H.W.F. NORWAY AS

2060 GARDERMOEN

Finances

Share Ownership

Return on Equity

6 288,41 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	163 930 000	158 585 000	141 457 000	89 587 000
Net Income	4 339 000	4 207 000	3 110 000	735 000
Total Assets	49 116 000	38 227 000	31 612 000	12 913 000
Total Equity	69 000	31 000	51 000	241 000

Income (NOK)	2022	2021	2020	2019
Revenue	163 930 000	158 585 000	141 457 000	89 587 000
Expenditure	158 088 000	153 110 000	137 395 000	88 711 000
Operating Profit	5 842 000	5 476 000	4 062 000	875 000
Financial Income	8 000	74 000	35 000	74 000
Financial Costs	288 000	156 000	110 000	7 000
Financial Balance	−280 000	−82 000	−75 000	67 000
Earnings Before Tax	5 562 000	5 394 000	3 987 000	942 000
Tax	1 224 000	1 187 000	877 000	207 000
Net Income	4 339 000	4 207 000	3 110 000	735 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	151 000	20 000	22 000	15 000
Total Current Assets	48 965 000	38 207 000	31 590 000	12 897 000
Total Assets	49 116 000	38 227 000	31 612 000	12 913 000
Total Retained Equity	39 000	0	0	0
Total Equity	69 000	31 000	51 000	241 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	49 047 000	38 196 000	31 561 000	12 672 000
Total Equity and Debt	49 116 000	38 227 000	31 612 000	12 913 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	163 930 000	158 585 000	141 457 000	89 587 000
Other Income	0	0	0	0
Revenue	163 930 000	158 585 000	141 457 000	89 587 000
Cost of Goods Sold	151 250 000	147 121 000	131 133 000	84 390 000
Salary Costs	4 404 000	3 808 000	3 712 000	3 036 000
Depreciation	19 000	0	0	0
Impairment	0	0	0	0
Expenditure	158 088 000	153 110 000	137 395 000	88 711 000
Operating Profit	5 842 000	5 476 000	4 062 000	875 000
Financial Income	8 000	74 000	35 000	74 000
Financial Costs	288 000	156 000	110 000	7 000
Financial Balance	−280 000	−82 000	−75 000	67 000
Dividends	4 300 000	4 227 000	3 300 000	800 000
Net Income	4 339 000	4 207 000	3 110 000	735 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	20 000	22 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	131 000	0	0	0
Total Tangible Assets	131 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	151 000	20 000	22 000	15 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	27 165 000	21 694 000	20 711 000	1 289 000
Total Current Assets	48 965 000	38 207 000	31 590 000	12 897 000
Total Assets	49 116 000	38 227 000	31 612 000	12 913 000
Total Equity	69 000	31 000	51 000	241 000
Short-Term Group Debt	1 000 000	1 000 000	1 000 000	1 700 000
Total Long-Term Debt	0	0	0	0
Creditors	37 986 000	28 204 000	23 471 000	8 897 000
Unpaid Taxes	192 000	176 000	217 000	155 000
Dividends	4 300 000	4 227 000	3 300 000	800 000
Other Current Debt	4 345 000	3 405 000	2 690 000	913 000
Total Current Debt	49 047 000	38 196 000	31 561 000	12 672 000
Total Equity and Debt	49 116 000	38 227 000	31 612 000	12 913 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6 288,41 %	13 570,97 %	6 098,04 %	304,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,56 %	3,45 %	2,87 %	0,98 %
Current Ratio	1	1	1	1,02
Quick Ratio	1	1	1	1,02
Equity Ratio	0	0	0	0,02
Gross Profit Margin	7,74 %	7,23 %	7,3 %	5,8 %