HYTJAN & VARDØY AS

2016 FROGNER

Finances

Return on Equity

22,92 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 009 000	18 118 000	14 294 000	11 373 000
Net Income	1 221 000	1 484 000	1 456 000	479 000
Total Assets	11 143 000	10 178 000	5 715 000	4 788 000
Total Equity	5 327 000	4 106 000	2 622 000	1 166 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 009 000	18 118 000	14 294 000	11 373 000
Expenditure	21 444 000	16 212 000	12 425 000	10 768 000
Operating Profit	1 565 000	1 905 000	1 869 000	606 000
Financial Income	0	1 000	1 000	15 000
Financial Costs	1 000	3 000	3 000	10 000
Financial Balance	−1 000	−2 000	−2 000	5 000
Earnings Before Tax	1 565 000	1 903 000	1 867 000	611 000
Tax	344 000	420 000	411 000	132 000
Net Income	1 221 000	1 484 000	1 456 000	479 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 605 000	3 577 000	1 648 000	1 590 000
Total Current Assets	6 538 000	6 601 000	4 067 000	3 198 000
Total Assets	11 143 000	10 178 000	5 715 000	4 788 000
Total Retained Equity	5 297 000	4 076 000	2 592 000	1 136 000
Total Equity	5 327 000	4 106 000	2 622 000	1 166 000
Total Long-Term Debt	118 000	114 000	79 000	92 000
Total Current Debt	5 699 000	5 958 000	3 013 000	3 530 000
Total Equity and Debt	11 143 000	10 178 000	5 715 000	4 788 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 972 000	18 052 000	14 243 000	11 134 000
Other Income	37 000	66 000	50 000	239 000
Revenue	23 009 000	18 118 000	14 294 000	11 373 000
Cost of Goods Sold	11 231 000	8 578 000	4 293 000	2 638 000
Salary Costs	3 625 000	2 645 000	3 515 000	3 627 000
Depreciation	974 000	599 000	350 000	355 000
Impairment	0	0	0	0
Expenditure	21 444 000	16 212 000	12 425 000	10 768 000
Operating Profit	1 565 000	1 905 000	1 869 000	606 000
Financial Income	0	1 000	1 000	15 000
Financial Costs	1 000	3 000	3 000	10 000
Financial Balance	−1 000	−2 000	−2 000	5 000
Dividends	0	0	0	0
Net Income	1 221 000	1 484 000	1 456 000	479 000

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	3 906 000	3 050 000	1 375 000	1 087 000
Fixtures	557 000	265 000	126 000	180 000
Total Tangible Assets	4 463 000	3 315 000	1 501 000	1 267 000
Total Fiancial Fixed Assets	142 000	262 000	146 000	323 000
Total Fixed Assets	4 605 000	3 577 000	1 648 000	1 590 000
Stock	38 000	0	68 000	50 000
Total Investments	2 000	0	0	0
Cash, Bank	1 415 000	204 000	1 094 000	562 000
Total Current Assets	6 538 000	6 601 000	4 067 000	3 198 000
Total Assets	11 143 000	10 178 000	5 715 000	4 788 000
Total Equity	5 327 000	4 106 000	2 622 000	1 166 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	118 000	114 000	79 000	92 000
Creditors	4 007 000	4 313 000	1 231 000	1 291 000
Unpaid Taxes	656 000	380 000	542 000	692 000
Dividends	0	0	0	0
Other Current Debt	695 000	880 000	817 000	1 415 000
Total Current Debt	5 699 000	5 958 000	3 013 000	3 530 000
Total Equity and Debt	11 143 000	10 178 000	5 715 000	4 788 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,92 %	36,14 %	55,53 %	41,08 %
Debt-to-Equity Ratio	0,02	0,03	0,03	0,08
Operating Profit Margin	6,8 %	10,51 %	13,08 %	5,33 %
Current Ratio	1,15	1,11	1,35	0,91
Quick Ratio	1,15	1,11	1,38	0,92
Equity Ratio	0,48	0,4	0,46	0,24
Gross Profit Margin	51,19 %	52,65 %	69,97 %	76,8 %