HG AUTO AS

1448 DRØBAK

Finances

Share Ownership

Return on Equity

36,27 %

Current Ratio

4,8

Debt-to-Equity Ratio

2,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 396 000	3 388 000	2 962 000	6 753 000
Net Income	173 000	125 000	35 000	114 000
Total Assets	2 214 000	1 003 000	1 309 000	1 036 000
Total Equity	477 000	304 000	179 000	173 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 396 000	3 388 000	2 962 000	6 753 000
Expenditure	4 144 000	3 195 000	2 898 000	6 570 000
Operating Profit	252 000	192 000	64 000	183 000
Financial Income	0	0	0	0
Financial Costs	30 000	32 000	20 000	36 000
Financial Balance	−30 000	−32 000	−20 000	−36 000
Earnings Before Tax	222 000	160 000	45 000	146 000
Tax	49 000	35 000	10 000	32 000
Net Income	173 000	125 000	35 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	180 000	0
Total Current Assets	2 214 000	1 003 000	1 129 000	1 036 000
Total Assets	2 214 000	1 003 000	1 309 000	1 036 000
Total Retained Equity	437 000	264 000	139 000	133 000
Total Equity	477 000	304 000	179 000	173 000
Total Long-Term Debt	1 276 000	203 000	1 025 000	772 000
Total Current Debt	461 000	496 000	105 000	91 000
Total Equity and Debt	2 214 000	1 003 000	1 309 000	1 036 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 396 000	3 388 000	2 962 000	6 753 000
Other Income	0	0	0	0
Revenue	4 396 000	3 388 000	2 962 000	6 753 000
Cost of Goods Sold	4 075 000	3 089 000	2 858 000	6 516 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 144 000	3 195 000	2 898 000	6 570 000
Operating Profit	252 000	192 000	64 000	183 000
Financial Income	0	0	0	0
Financial Costs	30 000	32 000	20 000	36 000
Financial Balance	−30 000	−32 000	−20 000	−36 000
Dividends	0	0	29 000	0
Net Income	173 000	125 000	35 000	114 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	180 000	0
Total Fixed Assets	0	0	180 000	0
Stock	1 609 000	329 000	750 000	750 000
Total Investments	0	0	0	0
Cash, Bank	578 000	305 000	14 000	11 000
Total Current Assets	2 214 000	1 003 000	1 129 000	1 036 000
Total Assets	2 214 000	1 003 000	1 309 000	1 036 000
Total Equity	477 000	304 000	179 000	173 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 276 000	203 000	1 025 000	772 000
Creditors	15 000	73 000	24 000	2 000
Unpaid Taxes	2 000	2 000	2 000	0
Dividends	0	0	29 000	0
Other Current Debt	403 000	381 000	27 000	60 000
Total Current Debt	461 000	496 000	105 000	91 000
Total Equity and Debt	2 214 000	1 003 000	1 309 000	1 036 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,27 %	41,12 %	19,55 %	65,9 %
Debt-to-Equity Ratio	2,68	0,67	5,73	4,46
Operating Profit Margin	5,73 %	5,67 %	2,16 %	2,71 %
Current Ratio	4,8	2,02	10,75	11,38
Quick Ratio	−1,93	6,01	−1,75	−1,57
Equity Ratio	0,22	0,3	0,14	0,17
Gross Profit Margin	7,3 %	8,83 %	3,51 %	3,51 %