HØVELLAST LILLESTRØM AS

2004 LILLESTRØM

Finances

Share Ownership

Return on Equity

42,08 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	187 318 000	191 462 000	191 893 000	175 611 000
Net Income	5 120 000	9 936 000	6 053 000	4 903 000
Total Assets	54 290 000	52 872 000	46 493 000	54 228 000
Total Equity	12 168 000	12 274 000	13 227 000	10 294 000

Income (NOK)	2022	2021	2020	2019
Revenue	187 318 000	191 462 000	191 893 000	175 611 000
Expenditure	180 243 000	178 466 000	183 802 000	168 600 000
Operating Profit	7 075 000	12 996 000	8 090 000	7 010 000
Financial Income	29 000	43 000	10 000	30 000
Financial Costs	471 000	242 000	354 000	590 000
Financial Balance	−442 000	−199 000	−344 000	−560 000
Earnings Before Tax	6 633 000	12 796 000	7 746 000	6 451 000
Tax	1 513 000	2 861 000	1 694 000	1 548 000
Net Income	5 120 000	9 936 000	6 053 000	4 903 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 746 000	2 449 000	3 037 000	3 299 000
Total Current Assets	52 544 000	50 423 000	43 456 000	50 929 000
Total Assets	54 290 000	52 872 000	46 493 000	54 228 000
Total Retained Equity	7 168 000	7 274 000	8 227 000	5 294 000
Total Equity	12 168 000	12 274 000	13 227 000	10 294 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	42 122 000	40 598 000	33 267 000	43 934 000
Total Equity and Debt	54 290 000	52 872 000	46 493 000	54 228 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	187 244 000	191 388 000	191 861 000	175 580 000
Other Income	74 000	74 000	32 000	30 000
Revenue	187 318 000	191 462 000	191 893 000	175 611 000
Cost of Goods Sold	136 280 000	135 158 000	141 465 000	128 861 000
Salary Costs	21 988 000	22 390 000	20 651 000	20 635 000
Depreciation	872 000	895 000	1 113 000	1 077 000
Impairment	0	0	0	0
Expenditure	180 243 000	178 466 000	183 802 000	168 600 000
Operating Profit	7 075 000	12 996 000	8 090 000	7 010 000
Financial Income	29 000	43 000	10 000	30 000
Financial Costs	471 000	242 000	354 000	590 000
Financial Balance	−442 000	−199 000	−344 000	−560 000
Dividends	0	0	0	0
Net Income	5 120 000	9 936 000	6 053 000	4 903 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	603 000	643 000	432 000	335 000
Real Eastate	422 000	890 000	1 359 000	1 828 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	721 000	916 000	1 246 000	1 137 000
Total Tangible Assets	1 142 000	1 806 000	2 605 000	2 964 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 746 000	2 449 000	3 037 000	3 299 000
Stock	25 538 000	23 664 000	19 353 000	20 113 000
Total Investments	0	0	0	0
Cash, Bank	34 000	56 000	54 000	652 000
Total Current Assets	52 544 000	50 423 000	43 456 000	50 929 000
Total Assets	54 290 000	52 872 000	46 493 000	54 228 000
Total Equity	12 168 000	12 274 000	13 227 000	10 294 000
Short-Term Group Debt	28 359 000	21 865 000	14 151 000	24 661 000
Total Long-Term Debt	0	0	0	0
Creditors	4 091 000	7 261 000	8 056 000	7 663 000
Unpaid Taxes	1 683 000	3 043 000	1 962 000	2 269 000
Dividends	0	0	0	0
Other Current Debt	7 989 000	8 428 000	8 137 000	8 985 000
Total Current Debt	42 122 000	40 598 000	33 267 000	43 934 000
Total Equity and Debt	54 290 000	52 872 000	46 493 000	54 228 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,08 %	80,95 %	45,76 %	47,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,78 %	6,79 %	4,22 %	3,99 %
Current Ratio	1,25	1,24	1,31	1,16
Quick Ratio	3,17	2,98	3,12	2,14
Equity Ratio	0,22	0,23	0,28	0,19
Gross Profit Margin	27,25 %	29,41 %	26,28 %	26,62 %