BRØDRENE HITTNES AS

2080 EIDSVOLL

Finances

Share Ownership

Return on Equity

189,52 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 613 000	994 000	1 789 000	1 181 000
Net Income	199 000	−341 000	157 000	−132 000
Total Assets	316 000	113 000	445 000	251 000
Total Equity	105 000	−94 000	247 000	90 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 613 000	994 000	1 789 000	1 181 000
Expenditure	1 415 000	1 335 000	1 625 000	1 313 000
Operating Profit	199 000	−341 000	164 000	−132 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	199 000	−341 000	164 000	−132 000
Tax	0	0	7 000	0
Net Income	199 000	−341 000	157 000	−132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	38 000	48 000	60 000	0
Total Current Assets	277 000	65 000	385 000	251 000
Total Assets	316 000	113 000	445 000	251 000
Total Retained Equity	81 000	−118 000	224 000	66 000
Total Equity	105 000	−94 000	247 000	90 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	211 000	207 000	198 000	161 000
Total Equity and Debt	316 000	113 000	445 000	251 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 613 000	994 000	1 789 000	1 181 000
Other Income	0	0	0	0
Revenue	1 613 000	994 000	1 789 000	1 181 000
Cost of Goods Sold	480 000	422 000	988 000	381 000
Salary Costs	806 000	795 000	483 000	795 000
Depreciation	10 000	12 000	15 000	0
Impairment	0	0	0	0
Expenditure	1 415 000	1 335 000	1 625 000	1 313 000
Operating Profit	199 000	−341 000	164 000	−132 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	199 000	−341 000	157 000	−132 000

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	38 000	48 000	60 000	0
Total Tangible Assets	38 000	48 000	60 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	38 000	48 000	60 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	110 000	63 000	84 000	247 000
Total Current Assets	277 000	65 000	385 000	251 000
Total Assets	316 000	113 000	445 000	251 000
Total Equity	105 000	−94 000	247 000	90 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	50 000	27 000	66 000	8 000
Unpaid Taxes	99 000	98 000	68 000	90 000
Dividends	0	0	0	0
Other Current Debt	62 000	82 000	57 000	63 000
Total Current Debt	211 000	207 000	198 000	161 000
Total Equity and Debt	316 000	113 000	445 000	251 000

Financial indicators	2022	2021	2020	2019
Return on Equity	189,52 %	362,77 %	63,56 %	−146,67 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	12,34 %	−34,31 %	9,17 %	−11,18 %
Current Ratio	1,31	0,31	1,94	1,56
Quick Ratio	1,31	0,31	1,94	1,56
Equity Ratio	0,33	−0,83	0,56	0,36
Gross Profit Margin	70,24 %	57,55 %	44,77 %	67,74 %