HP NORGE AS

1364 FORNEBU

Finances

Share Ownership

Return on Equity

22,2 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	788 241 000	679 869 000	971 901 000	1 144 917 000
Net Income	32 334 000	−3 953 000	11 877 000	21 772 000
Total Assets	451 667 000	365 647 000	396 614 000	443 818 000
Total Equity	145 645 000	113 311 000	117 264 000	105 387 000

Income (NOK)	2022	2021	2020	2019
Revenue	788 241 000	679 869 000	971 901 000	1 144 917 000
Expenditure	768 918 000	674 112 000	958 748 000	1 135 457 000
Operating Profit	19 323 000	5 757 000	13 152 000	9 460 000
Financial Income	22 329 000	808 000	3 261 000	20 328 000
Financial Costs	106 000	11 599 000	301 000	351 000
Financial Balance	22 223 000	−10 791 000	2 960 000	19 977 000
Earnings Before Tax	41 546 000	−5 034 000	16 112 000	29 437 000
Tax	9 212 000	−1 081 000	4 235 000	7 665 000
Net Income	32 334 000	−3 953 000	11 877 000	21 772 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 733 000	9 397 000	9 050 000	8 570 000
Total Current Assets	447 934 000	356 250 000	387 564 000	435 248 000
Total Assets	451 667 000	365 647 000	396 614 000	443 818 000
Total Retained Equity	143 427 000	111 093 000	115 046 000	103 169 000
Total Equity	145 645 000	113 311 000	117 264 000	105 387 000
Total Long-Term Debt	35 226 000	37 951 000	42 032 000	48 647 000
Total Current Debt	270 796 000	214 385 000	237 317 000	289 784 000
Total Equity and Debt	451 667 000	365 647 000	396 614 000	443 818 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	788 103 000	679 575 000	971 638 000	1 144 669 000
Other Income	137 000	294 000	263 000	248 000
Revenue	788 241 000	679 869 000	971 901 000	1 144 917 000
Cost of Goods Sold	660 503 000	567 642 000	860 864 000	1 019 198 000
Salary Costs	80 387 000	88 196 000	72 837 000	81 034 000
Depreciation	1 586 000	1 056 000	1 016 000	1 254 000
Impairment	0	0	0	0
Expenditure	768 918 000	674 112 000	958 748 000	1 135 457 000
Operating Profit	19 323 000	5 757 000	13 152 000	9 460 000
Financial Income	22 329 000	808 000	3 261 000	20 328 000
Financial Costs	106 000	11 599 000	301 000	351 000
Financial Balance	22 223 000	−10 791 000	2 960 000	19 977 000
Dividends	0	0	0	0
Net Income	32 334 000	−3 953 000	11 877 000	21 772 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	560 000	7 625 000	6 544 000	5 792 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 173 000	1 773 000	2 506 000	2 777 000
Total Tangible Assets	3 173 000	1 773 000	2 506 000	2 777 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 733 000	9 397 000	9 050 000	8 570 000
Stock	70 846 000	33 208 000	34 715 000	36 916 000
Total Investments	0	0	0	0
Cash, Bank	3 776 000	3 448 000	793 000	3 704 000
Total Current Assets	447 934 000	356 250 000	387 564 000	435 248 000
Total Assets	451 667 000	365 647 000	396 614 000	443 818 000
Total Equity	145 645 000	113 311 000	117 264 000	105 387 000
Short-Term Group Debt	101 252 000	54 261 000	51 666 000	108 029 000
Total Long-Term Debt	35 226 000	37 951 000	42 032 000	48 647 000
Creditors	8 334 000	9 302 000	13 543 000	8 295 000
Unpaid Taxes	36 156 000	31 408 000	35 111 000	43 717 000
Dividends	0	0	0	0
Other Current Debt	122 907 000	119 415 000	132 011 000	113 262 000
Total Current Debt	270 796 000	214 385 000	237 317 000	289 784 000
Total Equity and Debt	451 667 000	365 647 000	396 614 000	443 818 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,2 %	−3,49 %	10,13 %	20,66 %
Debt-to-Equity Ratio	0,24	0,33	0,36	0,46
Operating Profit Margin	2,45 %	0,85 %	1,35 %	0,83 %
Current Ratio	1,65	1,66	1,63	1,5
Quick Ratio	2,24	1,97	1,91	1,72
Equity Ratio	0,32	0,31	0,3	0,24
Gross Profit Margin	16,21 %	16,51 %	11,42 %	10,98 %