HONNING AS

3123 TØNSBERG

Finances

Return on Equity

12,06 %

Current Ratio

1,2

Debt-to-Equity Ratio

−1,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 833 000	9 285 000	3 026 000	2 893 000
Net Income	−183 000	150 000	−313 000	−564 000
Total Assets	1 677 000	2 198 000	640 000	1 485 000
Total Equity	−1 517 000	−1 170 000	−1 320 000	−1 006 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 833 000	9 285 000	3 026 000	2 893 000
Expenditure	6 876 000	8 979 000	3 198 000	3 275 000
Operating Profit	−44 000	306 000	−172 000	−381 000
Financial Income	25 000	9 000	0	0
Financial Costs	164 000	165 000	141 000	183 000
Financial Balance	−139 000	−156 000	−141 000	−183 000
Earnings Before Tax	−183 000	150 000	−313 000	−564 000
Tax	0	0	0	0
Net Income	−183 000	150 000	−313 000	−564 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	3 000	3 000	3 000
Total Current Assets	1 674 000	2 195 000	637 000	1 482 000
Total Assets	1 677 000	2 198 000	640 000	1 485 000
Total Retained Equity	−4 870 000	−4 523 000	−4 672 000	−4 359 000
Total Equity	−1 517 000	−1 170 000	−1 320 000	−1 006 000
Total Long-Term Debt	1 799 000	2 094 000	1 806 000	1 903 000
Total Current Debt	1 395 000	1 274 000	154 000	589 000
Total Equity and Debt	1 677 000	2 198 000	640 000	1 485 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 833 000	9 200 000	3 026 000	2 893 000
Other Income	0	85 000	0	0
Revenue	6 833 000	9 285 000	3 026 000	2 893 000
Cost of Goods Sold	6 458 000	8 805 000	3 079 000	2 995 000
Salary Costs	0	0	0	−2 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	6 876 000	8 979 000	3 198 000	3 275 000
Operating Profit	−44 000	306 000	−172 000	−381 000
Financial Income	25 000	9 000	0	0
Financial Costs	164 000	165 000	141 000	183 000
Financial Balance	−139 000	−156 000	−141 000	−183 000
Dividends	0	0	0	0
Net Income	−183 000	150 000	−313 000	−564 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	3 000	3 000	3 000	3 000
Stock	916 000	464 000	173 000	437 000
Total Investments	0	0	0	0
Cash, Bank	1 000	695 000	14 000	428 000
Total Current Assets	1 674 000	2 195 000	637 000	1 482 000
Total Assets	1 677 000	2 198 000	640 000	1 485 000
Total Equity	−1 517 000	−1 170 000	−1 320 000	−1 006 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 799 000	2 094 000	1 806 000	1 903 000
Creditors	851 000	160 000	31 000	28 000
Unpaid Taxes	175 000	239 000	59 000	46 000
Dividends	0	0	0	0
Other Current Debt	369 000	875 000	63 000	52 000
Total Current Debt	1 395 000	1 274 000	154 000	589 000
Total Equity and Debt	1 677 000	2 198 000	640 000	1 485 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,06 %	−12,82 %	23,71 %	56,06 %
Debt-to-Equity Ratio	−1,19	−1,79	−1,37	−1,89
Operating Profit Margin	−0,64 %	3,3 %	−5,68 %	−13,17 %
Current Ratio	1,2	1,72	4,14	2,52
Quick Ratio	3,49	2,71	−33,53	9,75
Equity Ratio	−0,9	−0,53	−2,06	−0,68
Gross Profit Margin	5,49 %	5,17 %	−1,75 %	−3,53 %