HOTKON AS

3718 SKIEN

Finances

Return on Equity

19,5 %

Current Ratio

0,88

Debt-to-Equity Ratio

7,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 074 000	951 000	1 647 000	1 250 000
Net Income	62 000	−69 000	166 000	76 000
Total Assets	3 268 000	893 000	456 000	570 000
Total Equity	318 000	256 000	325 000	359 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 074 000	951 000	1 647 000	1 250 000
Expenditure	935 000	1 002 000	1 433 000	1 153 000
Operating Profit	140 000	−52 000	214 000	98 000
Financial Income	0	0	0	0
Financial Costs	78 000	17 000	0	0
Financial Balance	−78 000	−17 000	0	0
Earnings Before Tax	62 000	−69 000	213 000	98 000
Tax	0	0	47 000	22 000
Net Income	62 000	−69 000	166 000	76 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 853 000	505 000	96 000	80 000
Total Current Assets	415 000	388 000	360 000	490 000
Total Assets	3 268 000	893 000	456 000	570 000
Total Retained Equity	288 000	226 000	295 000	314 000
Total Equity	318 000	256 000	325 000	359 000
Total Long-Term Debt	2 480 000	529 000	0	2 000
Total Current Debt	471 000	108 000	131 000	209 000
Total Equity and Debt	3 268 000	893 000	456 000	570 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	938 000	833 000	1 646 000	1 240 000
Other Income	136 000	118 000	0	10 000
Revenue	1 074 000	951 000	1 647 000	1 250 000
Cost of Goods Sold	686 000	628 000	932 000	807 000
Salary Costs	6 000	1 000	3 000	18 000
Depreciation	104 000	34 000	20 000	25 000
Impairment	0	0	0	0
Expenditure	935 000	1 002 000	1 433 000	1 153 000
Operating Profit	140 000	−52 000	214 000	98 000
Financial Income	0	0	0	0
Financial Costs	78 000	17 000	0	0
Financial Balance	−78 000	−17 000	0	0
Dividends	0	0	60 000	0
Net Income	62 000	−69 000	166 000	76 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 203 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	338 000	505 000	54 000	80 000
Total Tangible Assets	2 541 000	505 000	54 000	80 000
Total Fiancial Fixed Assets	313 000	0	42 000	0
Total Fixed Assets	2 853 000	505 000	96 000	80 000
Stock	130 000	219 000	128 000	183 000
Total Investments	0	0	0	0
Cash, Bank	45 000	32 000	13 000	249 000
Total Current Assets	415 000	388 000	360 000	490 000
Total Assets	3 268 000	893 000	456 000	570 000
Total Equity	318 000	256 000	325 000	359 000
Short-Term Group Debt	318 000	0	0	0
Total Long-Term Debt	2 480 000	529 000	0	2 000
Creditors	91 000	104 000	67 000	23 000
Unpaid Taxes	45 000	0	0	2 000
Dividends	0	0	60 000	0
Other Current Debt	17 000	4 000	15 000	162 000
Total Current Debt	471 000	108 000	131 000	209 000
Total Equity and Debt	3 268 000	893 000	456 000	570 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,5 %	−26,95 %	51,08 %	21,17 %
Debt-to-Equity Ratio	7,8	2,07	0	0,01
Operating Profit Margin	13,04 %	−5,47 %	12,99 %	7,84 %
Current Ratio	0,88	3,59	2,75	2,34
Quick Ratio	1,22	−3,5	120	18,85
Equity Ratio	0,1	0,29	0,71	0,63
Gross Profit Margin	36,13 %	33,96 %	43,41 %	35,44 %