HÅVARD SITT AS

1461 LØRENSKOG

Finances

Share Ownership

Return on Equity

68,5 %

Current Ratio

0,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	86 312 000	80 241 000	67 137 000	60 959 000
Net Income	548 000	181 000	742 000	318 000
Total Assets	8 705 000	7 308 000	7 327 000	4 799 000
Total Equity	800 000	781 000	892 000	900 000

Income (NOK)	2022	2021	2020	2019
Revenue	86 312 000	80 241 000	67 137 000	60 959 000
Expenditure	85 637 000	80 019 000	66 200 000	60 554 000
Operating Profit	675 000	222 000	938 000	406 000
Financial Income	33 000	10 000	14 000	5 000
Financial Costs	3 000	0	0	1 000
Financial Balance	30 000	10 000	14 000	4 000
Earnings Before Tax	705 000	232 000	952 000	409 000
Tax	157 000	51 000	209 000	90 000
Net Income	548 000	181 000	742 000	318 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 500 000	1 500 000	0	0
Total Current Assets	7 205 000	5 808 000	7 327 000	4 799 000
Total Assets	8 705 000	7 308 000	7 327 000	4 799 000
Total Retained Equity	400 000	381 000	492 000	500 000
Total Equity	800 000	781 000	892 000	900 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 905 000	6 527 000	6 435 000	3 899 000
Total Equity and Debt	8 705 000	7 308 000	7 327 000	4 799 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	85 627 000	78 212 000	65 616 000	59 657 000
Other Income	685 000	2 030 000	1 522 000	1 302 000
Revenue	86 312 000	80 241 000	67 137 000	60 959 000
Cost of Goods Sold	68 876 000	64 946 000	54 379 000	49 556 000
Salary Costs	5 930 000	5 766 000	5 482 000	4 726 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	85 637 000	80 019 000	66 200 000	60 554 000
Operating Profit	675 000	222 000	938 000	406 000
Financial Income	33 000	10 000	14 000	5 000
Financial Costs	3 000	0	0	1 000
Financial Balance	30 000	10 000	14 000	4 000
Dividends	529 000	292 000	750 000	118 000
Net Income	548 000	181 000	742 000	318 000

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	1 500 000	1 500 000	0	0
Total Fixed Assets	1 500 000	1 500 000	0	0
Stock	3 475 000	3 162 000	3 029 000	3 133 000
Total Investments	0	0	0	0
Cash, Bank	2 755 000	2 614 000	4 269 000	1 661 000
Total Current Assets	7 205 000	5 808 000	7 327 000	4 799 000
Total Assets	8 705 000	7 308 000	7 327 000	4 799 000
Total Equity	800 000	781 000	892 000	900 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 773 000	4 783 000	3 407 000	2 198 000
Unpaid Taxes	716 000	494 000	744 000	356 000
Dividends	529 000	292 000	750 000	118 000
Other Current Debt	1 730 000	1 199 000	1 325 000	1 137 000
Total Current Debt	7 905 000	6 527 000	6 435 000	3 899 000
Total Equity and Debt	8 705 000	7 308 000	7 327 000	4 799 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,5 %	23,18 %	83,18 %	35,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,78 %	0,28 %	1,4 %	0,67 %
Current Ratio	0,91	0,89	1,14	1,23
Quick Ratio	1,63	1,73	2,15	6,27
Equity Ratio	0,09	0,11	0,12	0,19
Gross Profit Margin	20,2 %	19,06 %	19 %	18,71 %