HF-ENTREPRENØR AS

1617 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

91,01 %

Current Ratio

1,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 682 000	57 694 000	28 378 000	80 507 000
Net Income	6 011 000	4 287 000	−161 000	2 432 000
Total Assets	30 772 000	30 795 000	6 935 000	13 806 000
Total Equity	6 605 000	3 394 000	3 857 000	4 013 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 682 000	57 694 000	28 378 000	80 507 000
Expenditure	104 849 000	52 267 000	28 472 000	77 368 000
Operating Profit	7 833 000	5 427 000	−95 000	3 138 000
Financial Income	8 000	0	2 000	2 000
Financial Costs	14 000	5 000	2 000	6 000
Financial Balance	−6 000	−5 000	0	−4 000
Earnings Before Tax	7 827 000	5 422 000	−95 000	3 134 000
Tax	1 816 000	1 135 000	65 000	702 000
Net Income	6 011 000	4 287 000	−161 000	2 432 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	339 000	187 000	171 000	202 000
Total Current Assets	30 433 000	30 607 000	6 764 000	13 605 000
Total Assets	30 772 000	30 795 000	6 935 000	13 806 000
Total Retained Equity	5 857 000	2 646 000	3 358 000	3 519 000
Total Equity	6 605 000	3 394 000	3 857 000	4 013 000
Total Long-Term Debt	0	336 000	0	157 000
Total Current Debt	24 167 000	27 065 000	3 078 000	9 636 000
Total Equity and Debt	30 772 000	30 795 000	6 935 000	13 806 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	112 681 000	57 560 000	27 657 000	80 507 000
Other Income	1 000	134 000	721 000	0
Revenue	112 682 000	57 694 000	28 378 000	80 507 000
Cost of Goods Sold	96 056 000	45 033 000	23 045 000	70 780 000
Salary Costs	6 508 000	5 126 000	3 812 000	3 985 000
Depreciation	37 000	73 000	71 000	91 000
Impairment	0	0	0	0
Expenditure	104 849 000	52 267 000	28 472 000	77 368 000
Operating Profit	7 833 000	5 427 000	−95 000	3 138 000
Financial Income	8 000	0	2 000	2 000
Financial Costs	14 000	5 000	2 000	6 000
Financial Balance	−6 000	−5 000	0	−4 000
Dividends	2 800 000	5 000 000	0	0
Net Income	6 011 000	4 287 000	−161 000	2 432 000

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	10 000	17 000	0	29 000
Fixtures	43 000	74 000	82 000	124 000
Total Tangible Assets	53 000	90 000	82 000	153 000
Total Fiancial Fixed Assets	286 000	97 000	89 000	48 000
Total Fixed Assets	339 000	187 000	171 000	202 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 121 000	18 063 000	4 200 000	1 845 000
Total Current Assets	30 433 000	30 607 000	6 764 000	13 605 000
Total Assets	30 772 000	30 795 000	6 935 000	13 806 000
Total Equity	6 605 000	3 394 000	3 857 000	4 013 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	336 000	0	157 000
Creditors	12 049 000	12 818 000	1 467 000	6 493 000
Unpaid Taxes	1 316 000	1 260 000	588 000	337 000
Dividends	2 800 000	5 000 000	0	0
Other Current Debt	5 850 000	7 189 000	801 000	2 256 000
Total Current Debt	24 167 000	27 065 000	3 078 000	9 636 000
Total Equity and Debt	30 772 000	30 795 000	6 935 000	13 806 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,01 %	126,31 %	−4,17 %	60,6 %
Debt-to-Equity Ratio	0	0,1	0	0,04
Operating Profit Margin	6,95 %	9,41 %	−0,33 %	3,9 %
Current Ratio	1,26	1,13	2,2	1,41
Quick Ratio	1,26	1,13	2,2	1,41
Equity Ratio	0,21	0,11	0,56	0,29
Gross Profit Margin	14,75 %	21,95 %	18,79 %	12,08 %