H J OFTEDAL AS

4344 BRYNE

Finances

Return on Equity

15,29 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 283 000	5 104 000	3 412 000	2 114 000
Net Income	135 000	69 000	549 000	125 000
Total Assets	2 473 000	1 775 000	3 860 000	1 328 000
Total Equity	883 000	748 000	679 000	130 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 283 000	5 104 000	3 412 000	2 114 000
Expenditure	7 107 000	5 012 000	2 709 000	1 960 000
Operating Profit	176 000	91 000	704 000	154 000
Financial Income	0	0	0	0
Financial Costs	4 000	2 000	0	0
Financial Balance	−4 000	−2 000	0	0
Earnings Before Tax	173 000	89 000	704 000	153 000
Tax	38 000	20 000	155 000	28 000
Net Income	135 000	69 000	549 000	125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	563 000	552 000	544 000	500 000
Total Current Assets	1 910 000	1 223 000	3 316 000	828 000
Total Assets	2 473 000	1 775 000	3 860 000	1 328 000
Total Retained Equity	853 000	718 000	649 000	100 000
Total Equity	883 000	748 000	679 000	130 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 590 000	1 027 000	3 181 000	1 198 000
Total Equity and Debt	2 473 000	1 775 000	3 860 000	1 328 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 283 000	5 104 000	3 412 000	2 114 000
Other Income	0	0	0	0
Revenue	7 283 000	5 104 000	3 412 000	2 114 000
Cost of Goods Sold	6 182 000	3 956 000	2 054 000	1 457 000
Salary Costs	601 000	693 000	401 000	353 000
Depreciation	16 000	13 000	11 000	0
Impairment	0	0	0	0
Expenditure	7 107 000	5 012 000	2 709 000	1 960 000
Operating Profit	176 000	91 000	704 000	154 000
Financial Income	0	0	0	0
Financial Costs	4 000	2 000	0	0
Financial Balance	−4 000	−2 000	0	0
Dividends	0	0	0	0
Net Income	135 000	69 000	549 000	125 000

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	63 000	52 000	44 000	0
Total Tangible Assets	63 000	52 000	44 000	0
Total Fiancial Fixed Assets	500 000	500 000	500 000	500 000
Total Fixed Assets	563 000	552 000	544 000	500 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 658 000	948 000	1 293 000	617 000
Total Current Assets	1 910 000	1 223 000	3 316 000	828 000
Total Assets	2 473 000	1 775 000	3 860 000	1 328 000
Total Equity	883 000	748 000	679 000	130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	726 000	445 000	27 000	0
Unpaid Taxes	28 000	65 000	109 000	76 000
Dividends	0	0	0	0
Other Current Debt	798 000	497 000	2 890 000	1 094 000
Total Current Debt	1 590 000	1 027 000	3 181 000	1 198 000
Total Equity and Debt	2 473 000	1 775 000	3 860 000	1 328 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,29 %	9,22 %	80,85 %	96,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,42 %	1,78 %	20,63 %	7,28 %
Current Ratio	1,2	1,19	1,04	0,69
Quick Ratio	1,2	1,19	1,04	0,69
Equity Ratio	0,36	0,42	0,18	0,1
Gross Profit Margin	15,12 %	22,49 %	39,8 %	31,08 %