HEMNES GLASS AS

1970 HEMNES

Finances

Share Ownership

Return on Equity

12,69 %

Current Ratio

3,68

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 255 000	3 342 000	3 439 000	2 577 000
Net Income	174 000	192 000	235 000	9 000
Total Assets	2 172 000	1 916 000	1 479 000	1 042 000
Total Equity	1 371 000	1 197 000	1 005 000	770 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 255 000	3 342 000	3 439 000	2 577 000
Expenditure	3 018 000	3 089 000	3 137 000	2 566 000
Operating Profit	236 000	252 000	301 000	11 000
Financial Income	5 000	7 000	1 000	1 000
Financial Costs	19 000	13 000	1 000	0
Financial Balance	−14 000	−6 000	0	1 000
Earnings Before Tax	223 000	246 000	301 000	12 000
Tax	49 000	54 000	66 000	3 000
Net Income	174 000	192 000	235 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	326 000	333 000	41 000	7 000
Total Current Assets	1 846 000	1 582 000	1 438 000	1 035 000
Total Assets	2 172 000	1 916 000	1 479 000	1 042 000
Total Retained Equity	1 341 000	1 167 000	975 000	740 000
Total Equity	1 371 000	1 197 000	1 005 000	770 000
Total Long-Term Debt	300 000	300 000	0	0
Total Current Debt	501 000	419 000	473 000	272 000
Total Equity and Debt	2 172 000	1 916 000	1 479 000	1 042 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 310 000	3 446 000	3 510 000	2 687 000
Other Income	−55 000	−104 000	−71 000	−110 000
Revenue	3 255 000	3 342 000	3 439 000	2 577 000
Cost of Goods Sold	1 339 000	1 775 000	1 985 000	1 370 000
Salary Costs	929 000	541 000	499 000	589 000
Depreciation	8 000	8 000	5 000	11 000
Impairment	0	0	0	0
Expenditure	3 018 000	3 089 000	3 137 000	2 566 000
Operating Profit	236 000	252 000	301 000	11 000
Financial Income	5 000	7 000	1 000	1 000
Financial Costs	19 000	13 000	1 000	0
Financial Balance	−14 000	−6 000	0	1 000
Dividends	0	0	0	0
Net Income	174 000	192 000	235 000	9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	1 000	1 000	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	4 000
Fixtures	23 000	31 000	39 000	0
Total Tangible Assets	23 000	31 000	39 000	4 000
Total Fiancial Fixed Assets	301 000	301 000	0	0
Total Fixed Assets	326 000	333 000	41 000	7 000
Stock	247 000	31 000	64 000	99 000
Total Investments	0	0	0	0
Cash, Bank	1 143 000	801 000	1 010 000	555 000
Total Current Assets	1 846 000	1 582 000	1 438 000	1 035 000
Total Assets	2 172 000	1 916 000	1 479 000	1 042 000
Total Equity	1 371 000	1 197 000	1 005 000	770 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	300 000	300 000	0	0
Creditors	147 000	198 000	220 000	75 000
Unpaid Taxes	207 000	124 000	85 000	81 000
Dividends	0	0	0	0
Other Current Debt	98 000	43 000	104 000	110 000
Total Current Debt	501 000	419 000	473 000	272 000
Total Equity and Debt	2 172 000	1 916 000	1 479 000	1 042 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,69 %	16,04 %	23,38 %	1,17 %
Debt-to-Equity Ratio	0,22	0,25	0	0
Operating Profit Margin	7,25 %	7,54 %	8,75 %	0,43 %
Current Ratio	3,68	3,78	3,04	3,81
Quick Ratio	7,27	4,08	3,52	5,98
Equity Ratio	0,63	0,62	0,68	0,74
Gross Profit Margin	58,86 %	46,89 %	42,28 %	46,84 %