HUNKEMÖLLER NORWAY AS

1338 SANDVIKA

Finances

Share Ownership

Return on Equity

42,31 %

Current Ratio

0,71

Debt-to-Equity Ratio

Key figures (NOK)	2023	2022	2021	2020
Revenue	69 196 000	63 282 000	49 145 000	23 169 000
Net Income	938 000	1 310 000	−425 000	229 000
Total Assets	34 397 000	26 211 000	48 820 000	30 731 000
Total Equity	2 217 000	1 279 000	−31 000	394 000

Income (NOK)	2023	2022	2021	2020
Revenue	69 196 000	63 282 000	49 145 000	23 169 000
Expenditure	66 943 000	59 453 000	49 592 000	21 661 000
Operating Profit	2 253 000	3 828 000	−447 000	1 508 000
Financial Income	0	−784 000	1 042 000	1 000
Financial Costs	1 050 000	1 364 000	1 141 000	1 177 000
Financial Balance	−1 050 000	−2 148 000	−99 000	−1 176 000
Earnings Before Tax	1 202 000	1 680 000	−545 000	332 000
Tax	265 000	370 000	−120 000	103 000
Net Income	938 000	1 310 000	−425 000	229 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	11 698 000	13 980 000	18 121 000	22 942 000
Total Current Assets	22 698 000	12 231 000	30 698 000	7 789 000
Total Assets	34 397 000	26 211 000	48 820 000	30 731 000
Total Retained Equity	2 187 000	1 249 000	−61 000	364 000
Total Equity	2 217 000	1 279 000	−31 000	394 000
Total Long-Term Debt	0	0	0	103 000
Total Current Debt	32 180 000	24 932 000	48 851 000	30 234 000
Total Equity and Debt	34 397 000	26 211 000	48 820 000	30 731 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	69 196 000	63 282 000	49 145 000	23 169 000
Other Income	0	0	0	0
Revenue	69 196 000	63 282 000	49 145 000	23 169 000
Cost of Goods Sold	14 520 000	13 180 000	8 393 000	788 000
Salary Costs	20 901 000	17 286 000	16 287 000	10 785 000
Depreciation	3 572 000	3 234 000	4 963 000	2 148 000
Impairment	2 454 000	4 024 000	1 107 000	0
Expenditure	66 943 000	59 453 000	49 592 000	21 661 000
Operating Profit	2 253 000	3 828 000	−447 000	1 508 000
Financial Income	0	−784 000	1 042 000	1 000
Financial Costs	1 050 000	1 364 000	1 141 000	1 177 000
Financial Balance	−1 050 000	−2 148 000	−99 000	−1 176 000
Dividends	0	0	0	0
Net Income	938 000	1 310 000	−425 000	229 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	1 583 000	945 000	263 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	10 115 000	13 035 000	17 858 000	22 942 000
Total Tangible Assets	10 115 000	13 035 000	17 858 000	22 942 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 698 000	13 980 000	18 121 000	22 942 000
Stock	7 477 000	4 551 000	4 627 000	4 023 000
Total Investments	0	0	0	0
Cash, Bank	13 309 000	6 227 000	22 994 000	2 810 000
Total Current Assets	22 698 000	12 231 000	30 698 000	7 789 000
Total Assets	34 397 000	26 211 000	48 820 000	30 731 000
Total Equity	2 217 000	1 279 000	−31 000	394 000
Short-Term Group Debt	15 238 000	9 708 000	37 947 000	23 407 000
Total Long-Term Debt	0	0	0	103 000
Creditors	766 000	1 459 000	2 029 000	2 026 000
Unpaid Taxes	4 955 000	4 651 000	4 134 000	0
Dividends	0	0	0	0
Other Current Debt	9 267 000	7 816 000	4 494 000	4 801 000
Total Current Debt	32 180 000	24 932 000	48 851 000	30 234 000
Total Equity and Debt	34 397 000	26 211 000	48 820 000	30 731 000

Financial indicators	2023	2022	2021	2020
Return on Equity	42,31 %	102,42 %	1 370,97 %	58,12 %
Debt-to-Equity Ratio	0	0	−0	0,26
Operating Profit Margin	3,26 %	6,05 %	−0,91 %	6,51 %
Current Ratio	0,71	0,49	0,63	0,26
Quick Ratio	0,92	0,6	0,69	0,3
Equity Ratio	0,06	0,05	−0	0,01
Gross Profit Margin	79,02 %	79,17 %	82,92 %	96,6 %