HALVORSEN FARGEHANDEL AS

4360 VARHAUG

Finances

Share Ownership

Return on Equity

16,45 %

Current Ratio

2,26

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 384 000	16 831 000	17 543 000	14 903 000
Net Income	553 000	1 098 000	913 000	678 000
Total Assets	6 074 000	6 261 000	5 500 000	4 989 000
Total Equity	3 362 000	3 365 000	2 888 000	2 570 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 384 000	16 831 000	17 543 000	14 903 000
Expenditure	16 649 000	15 429 000	16 360 000	14 638 000
Operating Profit	734 000	1 403 000	1 183 000	264 000
Financial Income	3 000	29 000	15 000	523 000
Financial Costs	30 000	28 000	31 000	71 000
Financial Balance	−27 000	1 000	−16 000	452 000
Earnings Before Tax	707 000	1 404 000	1 167 000	715 000
Tax	154 000	305 000	254 000	37 000
Net Income	553 000	1 098 000	913 000	678 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	540 000	695 000	525 000	607 000
Total Current Assets	5 535 000	5 566 000	4 976 000	4 382 000
Total Assets	6 074 000	6 261 000	5 500 000	4 989 000
Total Retained Equity	1 781 000	1 784 000	1 307 000	989 000
Total Equity	3 362 000	3 365 000	2 888 000	2 570 000
Total Long-Term Debt	267 000	367 000	467 000	402 000
Total Current Debt	2 445 000	2 529 000	2 146 000	2 017 000
Total Equity and Debt	6 074 000	6 261 000	5 500 000	4 989 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 244 000	16 666 000	17 395 000	14 740 000
Other Income	140 000	166 000	148 000	163 000
Revenue	17 384 000	16 831 000	17 543 000	14 903 000
Cost of Goods Sold	9 986 000	9 170 000	10 706 000	8 645 000
Salary Costs	4 082 000	3 774 000	3 848 000	4 183 000
Depreciation	155 000	138 000	132 000	123 000
Impairment	0	0	0	0
Expenditure	16 649 000	15 429 000	16 360 000	14 638 000
Operating Profit	734 000	1 403 000	1 183 000	264 000
Financial Income	3 000	29 000	15 000	523 000
Financial Costs	30 000	28 000	31 000	71 000
Financial Balance	−27 000	1 000	−16 000	452 000
Dividends	556 000	621 000	595 000	264 000
Net Income	553 000	1 098 000	913 000	678 000

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	540 000	695 000	513 000	595 000
Total Tangible Assets	540 000	695 000	513 000	595 000
Total Fiancial Fixed Assets	0	0	12 000	12 000
Total Fixed Assets	540 000	695 000	525 000	607 000
Stock	2 370 000	2 100 000	1 900 000	1 840 000
Total Investments	0	0	0	0
Cash, Bank	516 000	929 000	1 314 000	1 065 000
Total Current Assets	5 535 000	5 566 000	4 976 000	4 382 000
Total Assets	6 074 000	6 261 000	5 500 000	4 989 000
Total Equity	3 362 000	3 365 000	2 888 000	2 570 000
Short-Term Group Debt	0	0	0	449 000
Total Long-Term Debt	267 000	367 000	467 000	402 000
Creditors	383 000	267 000	318 000	203 000
Unpaid Taxes	732 000	778 000	624 000	672 000
Dividends	556 000	621 000	595 000	264 000
Other Current Debt	621 000	557 000	352 000	394 000
Total Current Debt	2 445 000	2 529 000	2 146 000	2 017 000
Total Equity and Debt	6 074 000	6 261 000	5 500 000	4 989 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,45 %	32,63 %	31,61 %	26,38 %
Debt-to-Equity Ratio	0,08	0,11	0,16	0,16
Operating Profit Margin	4,22 %	8,34 %	6,74 %	1,77 %
Current Ratio	2,26	2,2	2,32	2,17
Quick Ratio	73,8	12,97	20,23	24,76
Equity Ratio	0,55	0,54	0,53	0,52
Gross Profit Margin	42,56 %	45,52 %	38,97 %	41,99 %