HGE HOLDING AS

2022 GJERDRUM

Finances

Return on Equity

6,36 %

Current Ratio

5,82

Debt-to-Equity Ratio

1,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	161 017 000	123 302 000	100 295 000	134 520 000
Net Income	4 076 000	5 543 000	249 000	−1 740 000
Total Assets	147 543 000	110 025 000	86 631 000	85 172 000
Total Equity	64 129 000	62 641 000	59 933 000	60 434 000

Income (NOK)	2022	2021	2020	2019
Revenue	161 017 000	123 302 000	100 295 000	134 520 000
Expenditure	152 007 000	115 520 000	99 845 000	136 814 000
Operating Profit	9 010 000	7 782 000	449 000	−2 294 000
Financial Income	134 000	123 000	313 000	333 000
Financial Costs	3 873 000	798 000	439 000	270 000
Financial Balance	−3 739 000	−675 000	−126 000	63 000
Earnings Before Tax	5 270 000	7 107 000	324 000	−2 231 000
Tax	1 194 000	1 563 000	75 000	−491 000
Net Income	4 076 000	5 543 000	249 000	−1 740 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	39 725 000	25 969 000	27 869 000	31 252 000
Total Current Assets	107 818 000	84 055 000	58 762 000	53 920 000
Total Assets	147 543 000	110 025 000	86 631 000	85 172 000
Total Retained Equity	9 800 000	8 311 000	59 433 000	59 934 000
Total Equity	64 129 000	62 641 000	59 933 000	60 434 000
Total Long-Term Debt	64 900 000	28 531 000	10 686 000	4 751 000
Total Current Debt	18 514 000	18 853 000	16 012 000	19 988 000
Total Equity and Debt	147 543 000	110 025 000	86 631 000	85 172 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	157 152 000	121 185 000	90 199 000	128 581 000
Other Income	3 865 000	2 116 000	10 095 000	5 939 000
Revenue	161 017 000	123 302 000	100 295 000	134 520 000
Cost of Goods Sold	94 110 000	64 781 000	54 847 000	81 791 000
Salary Costs	29 158 000	26 637 000	24 524 000	29 704 000
Depreciation	7 391 000	5 424 000	6 102 000	7 818 000
Impairment	0	0	0	0
Expenditure	152 007 000	115 520 000	99 845 000	136 814 000
Operating Profit	9 010 000	7 782 000	449 000	−2 294 000
Financial Income	134 000	123 000	313 000	333 000
Financial Costs	3 873 000	798 000	439 000	270 000
Financial Balance	−3 739 000	−675 000	−126 000	63 000
Dividends	2 600 000	0	0	0
Net Income	4 076 000	5 543 000	249 000	−1 740 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 125 000	9 192 000	10 754 000	10 829 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	23 333 000	12 235 000	14 570 000	17 334 000
Fixtures	8 262 000	4 538 000	2 541 000	3 069 000
Total Tangible Assets	31 594 000	16 774 000	17 111 000	20 403 000
Total Fiancial Fixed Assets	6 000	3 000	3 000	20 000
Total Fixed Assets	39 725 000	25 969 000	27 869 000	31 252 000
Stock	79 732 000	43 213 000	10 371 000	0
Total Investments	2 333 000	0	0	0
Cash, Bank	18 401 000	32 323 000	35 149 000	37 511 000
Total Current Assets	107 818 000	84 055 000	58 762 000	53 920 000
Total Assets	147 543 000	110 025 000	86 631 000	85 172 000
Total Equity	64 129 000	62 641 000	59 933 000	60 434 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	64 900 000	28 531 000	10 686 000	4 751 000
Creditors	8 062 000	7 996 000	5 687 000	6 356 000
Unpaid Taxes	3 251 000	4 121 000	3 196 000	4 037 000
Dividends	2 600 000	0	0	0
Other Current Debt	4 600 000	3 905 000	6 379 000	7 594 000
Total Current Debt	18 514 000	18 853 000	16 012 000	19 988 000
Total Equity and Debt	147 543 000	110 025 000	86 631 000	85 172 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,36 %	8,85 %	0,42 %	−2,88 %
Debt-to-Equity Ratio	1,01	0,46	0,18	0,08
Operating Profit Margin	5,6 %	6,31 %	0,45 %	−1,71 %
Current Ratio	5,82	4,46	3,67	2,7
Quick Ratio	−1,76	−3,45	10,42	2,7
Equity Ratio	0,43	0,57	0,69	0,71
Gross Profit Margin	41,55 %	47,46 %	45,31 %	39,2 %