AVEN HOLMESTRAND AS

3083 HOLMESTRAND

Finances

Return on Equity

35,02 %

Current Ratio

2,04

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	254 214 000	227 171 000	170 859 000	179 122 000
Net Income	36 393 000	31 071 000	14 989 000	13 714 000
Total Assets	163 649 000	122 474 000	93 399 000	104 819 000
Total Equity	103 909 000	77 516 000	56 445 000	41 457 000

Income (NOK)	2022	2021	2020	2019
Revenue	254 214 000	227 171 000	170 859 000	179 122 000
Expenditure	207 513 000	187 047 000	150 567 000	160 418 000
Operating Profit	46 701 000	40 123 000	20 292 000	18 703 000
Financial Income	668 000	327 000	363 000	282 000
Financial Costs	579 000	487 000	1 299 000	1 251 000
Financial Balance	89 000	−160 000	−936 000	−969 000
Earnings Before Tax	46 790 000	39 963 000	19 356 000	17 734 000
Tax	10 397 000	8 892 000	4 367 000	4 021 000
Net Income	36 393 000	31 071 000	14 989 000	13 714 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 107 000	48 403 000	52 819 000	56 945 000
Total Current Assets	118 542 000	74 071 000	40 580 000	47 875 000
Total Assets	163 649 000	122 474 000	93 399 000	104 819 000
Total Retained Equity	95 396 000	69 003 000	47 932 000	32 944 000
Total Equity	103 909 000	77 516 000	56 445 000	41 457 000
Total Long-Term Debt	1 740 000	3 063 000	6 792 000	20 164 000
Total Current Debt	58 000 000	41 895 000	30 162 000	43 199 000
Total Equity and Debt	163 649 000	122 474 000	93 399 000	104 819 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	254 114 000	227 031 000	170 615 000	178 641 000
Other Income	100 000	140 000	245 000	481 000
Revenue	254 214 000	227 171 000	170 859 000	179 122 000
Cost of Goods Sold	131 447 000	116 981 000	83 281 000	90 609 000
Salary Costs	43 771 000	42 137 000	40 899 000	42 129 000
Depreciation	4 402 000	4 437 000	4 489 000	4 658 000
Impairment	0	0	0	0
Expenditure	207 513 000	187 047 000	150 567 000	160 418 000
Operating Profit	46 701 000	40 123 000	20 292 000	18 703 000
Financial Income	668 000	327 000	363 000	282 000
Financial Costs	579 000	487 000	1 299 000	1 251 000
Financial Balance	89 000	−160 000	−936 000	−969 000
Dividends	10 000 000	10 000 000	0	6 500 000
Net Income	36 393 000	31 071 000	14 989 000	13 714 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 827 000	2 242 000	2 657 000	3 072 000
Total Intangible Assets	1 827 000	2 242 000	2 657 000	3 072 000
Real Eastate	19 007 000	18 580 000	19 856 000	20 543 000
Machinery and Plant Facilities	10 846 000	13 378 000	15 196 000	17 433 000
Fixtures	553 000	172 000	60 000	184 000
Total Tangible Assets	30 407 000	32 130 000	35 112 000	38 159 000
Total Fiancial Fixed Assets	12 874 000	14 031 000	15 050 000	15 714 000
Total Fixed Assets	45 107 000	48 403 000	52 819 000	56 945 000
Stock	22 246 000	25 907 000	15 385 000	15 763 000
Total Investments	0	0	0	0
Cash, Bank	62 738 000	14 102 000	1 402 000	6 129 000
Total Current Assets	118 542 000	74 071 000	40 580 000	47 875 000
Total Assets	163 649 000	122 474 000	93 399 000	104 819 000
Total Equity	103 909 000	77 516 000	56 445 000	41 457 000
Short-Term Group Debt	397 000	0	6 500 000	15 000 000
Total Long-Term Debt	1 740 000	3 063 000	6 792 000	20 164 000
Creditors	10 868 000	9 135 000	7 162 000	7 508 000
Unpaid Taxes	7 205 000	7 932 000	4 987 000	5 527 000
Dividends	10 000 000	10 000 000	0	6 500 000
Other Current Debt	18 879 000	5 852 000	4 756 000	4 758 000
Total Current Debt	58 000 000	41 895 000	30 162 000	43 199 000
Total Equity and Debt	163 649 000	122 474 000	93 399 000	104 819 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,02 %	40,08 %	26,56 %	33,08 %
Debt-to-Equity Ratio	0,02	0,04	0,12	0,49
Operating Profit Margin	18,37 %	17,66 %	11,88 %	10,44 %
Current Ratio	2,04	1,77	1,35	1,11
Quick Ratio	3,32	4,63	2,75	1,74
Equity Ratio	0,63	0,63	0,6	0,4
Gross Profit Margin	48,29 %	48,51 %	51,26 %	49,41 %