HFC-NORWAY AS

1555 SON

Finances

Return on Equity

49,61 %

Current Ratio

2,5

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 005 000	5 192 000	3 842 000	4 056 000
Net Income	2 373 000	443 000	252 000	271 000
Total Assets	8 250 000	3 868 000	2 063 000	2 930 000
Total Equity	4 783 000	2 410 000	1 967 000	1 715 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 005 000	5 192 000	3 842 000	4 056 000
Expenditure	9 958 000	4 607 000	3 532 000	3 731 000
Operating Profit	3 048 000	585 000	309 000	326 000
Financial Income	17 000	2 000	13 000	21 000
Financial Costs	20 000	17 000	0	0
Financial Balance	−3 000	−15 000	13 000	21 000
Earnings Before Tax	3 044 000	570 000	322 000	347 000
Tax	672 000	127 000	71 000	77 000
Net Income	2 373 000	443 000	252 000	271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	919 000	1 191 000	184 000	340 000
Total Current Assets	7 331 000	2 677 000	1 879 000	2 590 000
Total Assets	8 250 000	3 868 000	2 063 000	2 930 000
Total Retained Equity	4 753 000	2 380 000	1 937 000	1 685 000
Total Equity	4 783 000	2 410 000	1 967 000	1 715 000
Total Long-Term Debt	530 000	636 000	0	8 000
Total Current Debt	2 937 000	822 000	96 000	1 207 000
Total Equity and Debt	8 250 000	3 868 000	2 063 000	2 930 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 005 000	5 192 000	3 842 000	4 056 000
Other Income	0	0	0	0
Revenue	13 005 000	5 192 000	3 842 000	4 056 000
Cost of Goods Sold	7 988 000	2 432 000	2 174 000	2 342 000
Salary Costs	1 253 000	1 448 000	948 000	959 000
Depreciation	272 000	287 000	168 000	166 000
Impairment	0	0	0	0
Expenditure	9 958 000	4 607 000	3 532 000	3 731 000
Operating Profit	3 048 000	585 000	309 000	326 000
Financial Income	17 000	2 000	13 000	21 000
Financial Costs	20 000	17 000	0	0
Financial Balance	−3 000	−15 000	13 000	21 000
Dividends	0	0	0	0
Net Income	2 373 000	443 000	252 000	271 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	13 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	889 000	1 161 000	132 000	300 000
Total Tangible Assets	889 000	1 161 000	132 000	300 000
Total Fiancial Fixed Assets	30 000	30 000	40 000	40 000
Total Fixed Assets	919 000	1 191 000	184 000	340 000
Stock	20 000	21 000	36 000	0
Total Investments	0	0	0	0
Cash, Bank	6 766 000	1 977 000	1 710 000	1 526 000
Total Current Assets	7 331 000	2 677 000	1 879 000	2 590 000
Total Assets	8 250 000	3 868 000	2 063 000	2 930 000
Total Equity	4 783 000	2 410 000	1 967 000	1 715 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	530 000	636 000	0	8 000
Creditors	855 000	41 000	−238 000	128 000
Unpaid Taxes	488 000	140 000	136 000	883 000
Dividends	0	0	0	0
Other Current Debt	937 000	546 000	107 000	105 000
Total Current Debt	2 937 000	822 000	96 000	1 207 000
Total Equity and Debt	8 250 000	3 868 000	2 063 000	2 930 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,61 %	18,38 %	12,81 %	15,8 %
Debt-to-Equity Ratio	0,11	0,26	0	0
Operating Profit Margin	23,44 %	11,27 %	8,04 %	8,04 %
Current Ratio	2,5	3,26	19,57	2,15
Quick Ratio	2,51	3,34	31,32	2,15
Equity Ratio	0,58	0,62	0,95	0,59
Gross Profit Margin	38,58 %	53,16 %	43,41 %	42,26 %