R.E. HALVORSEN AS

3748 SILJAN

Finances

Share Ownership

Return on Equity

90,83 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 686 000	7 015 000	7 209 000	5 846 000
Net Income	307 000	151 000	466 000	308 000
Total Assets	2 183 000	1 839 000	1 922 000	1 313 000
Total Equity	338 000	281 000	380 000	264 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 686 000	7 015 000	7 209 000	5 846 000
Expenditure	6 297 000	6 818 000	6 600 000	5 480 000
Operating Profit	389 000	197 000	608 000	367 000
Financial Income	3 000	2 000	3 000	4 000
Financial Costs	1 000	0	1 000	15 000
Financial Balance	2 000	2 000	2 000	−11 000
Earnings Before Tax	392 000	199 000	610 000	356 000
Tax	85 000	49 000	144 000	48 000
Net Income	307 000	151 000	466 000	308 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	19 000	0	0
Total Current Assets	2 168 000	1 820 000	1 922 000	1 313 000
Total Assets	2 183 000	1 839 000	1 922 000	1 313 000
Total Retained Equity	318 000	261 000	360 000	244 000
Total Equity	338 000	281 000	380 000	264 000
Total Long-Term Debt	0	0	0	4 000
Total Current Debt	1 845 000	1 558 000	1 542 000	1 045 000
Total Equity and Debt	2 183 000	1 839 000	1 922 000	1 313 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 686 000	7 015 000	7 209 000	5 846 000
Other Income	0	0	0	0
Revenue	6 686 000	7 015 000	7 209 000	5 846 000
Cost of Goods Sold	4 788 000	5 213 000	5 251 000	4 128 000
Salary Costs	1 024 000	1 048 000	934 000	884 000
Depreciation	4 000	2 000	0	23 000
Impairment	0	0	0	0
Expenditure	6 297 000	6 818 000	6 600 000	5 480 000
Operating Profit	389 000	197 000	608 000	367 000
Financial Income	3 000	2 000	3 000	4 000
Financial Costs	1 000	0	1 000	15 000
Financial Balance	2 000	2 000	2 000	−11 000
Dividends	250 000	250 000	350 000	0
Net Income	307 000	151 000	466 000	308 000

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	15 000	19 000	0	0
Total Tangible Assets	15 000	19 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	19 000	0	0
Stock	411 000	473 000	308 000	286 000
Total Investments	0	0	0	0
Cash, Bank	1 012 000	528 000	997 000	690 000
Total Current Assets	2 168 000	1 820 000	1 922 000	1 313 000
Total Assets	2 183 000	1 839 000	1 922 000	1 313 000
Total Equity	338 000	281 000	380 000	264 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	4 000
Creditors	1 082 000	902 000	768 000	547 000
Unpaid Taxes	195 000	133 000	172 000	132 000
Dividends	250 000	250 000	350 000	0
Other Current Debt	234 000	225 000	104 000	98 000
Total Current Debt	1 845 000	1 558 000	1 542 000	1 045 000
Total Equity and Debt	2 183 000	1 839 000	1 922 000	1 313 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,83 %	53,74 %	122,63 %	116,67 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	5,82 %	2,81 %	8,43 %	6,28 %
Current Ratio	1,18	1,17	1,25	1,26
Quick Ratio	1,51	1,68	1,56	1,73
Equity Ratio	0,15	0,15	0,2	0,2
Gross Profit Margin	28,39 %	25,69 %	27,16 %	29,39 %