HELLAND FLOWERS KVADRAT AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

42,6 %

Current Ratio

0,49

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 834 000	5 906 000	6 665 000	6 315 000
Net Income	−711 000	−264 000	23 000	−657 000
Total Assets	1 693 000	1 243 000	1 324 000	1 592 000
Total Equity	−1 669 000	−958 000	−694 000	−781 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 834 000	5 906 000	6 665 000	6 315 000
Expenditure	6 537 000	6 141 000	6 607 000	6 929 000
Operating Profit	−703 000	−237 000	58 000	−615 000
Financial Income	0	0	0	0
Financial Costs	8 000	28 000	53 000	42 000
Financial Balance	−8 000	−28 000	−53 000	−42 000
Earnings Before Tax	−711 000	−264 000	5 000	−657 000
Tax	0	0	−18 000	0
Net Income	−711 000	−264 000	23 000	−657 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	390 000	612 000	833 000
Total Current Assets	1 659 000	852 000	712 000	758 000
Total Assets	1 693 000	1 243 000	1 324 000	1 592 000
Total Retained Equity	−1 758 000	−1 047 000	−782 000	−806 000
Total Equity	−1 669 000	−958 000	−694 000	−781 000
Total Long-Term Debt	0	217 000	494 000	621 000
Total Current Debt	3 363 000	1 984 000	1 524 000	1 752 000
Total Equity and Debt	1 693 000	1 243 000	1 324 000	1 592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 810 000	5 738 000	6 211 000	6 198 000
Other Income	24 000	168 000	454 000	116 000
Revenue	5 834 000	5 906 000	6 665 000	6 315 000
Cost of Goods Sold	2 855 000	2 633 000	2 976 000	2 864 000
Salary Costs	1 583 000	1 662 000	1 791 000	2 174 000
Depreciation	356 000	221 000	221 000	232 000
Impairment	0	0	0	0
Expenditure	6 537 000	6 141 000	6 607 000	6 929 000
Operating Profit	−703 000	−237 000	58 000	−615 000
Financial Income	0	0	0	0
Financial Costs	8 000	28 000	53 000	42 000
Financial Balance	−8 000	−28 000	−53 000	−42 000
Dividends	0	0	0	0
Net Income	−711 000	−264 000	23 000	−657 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	315 000	495 000	675 000
Total Intangible Assets	0	315 000	495 000	675 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	34 000	75 000	117 000	158 000
Total Tangible Assets	34 000	75 000	117 000	158 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 000	390 000	612 000	833 000
Stock	316 000	193 000	195 000	191 000
Total Investments	0	0	0	0
Cash, Bank	1 027 000	202 000	97 000	130 000
Total Current Assets	1 659 000	852 000	712 000	758 000
Total Assets	1 693 000	1 243 000	1 324 000	1 592 000
Total Equity	−1 669 000	−958 000	−694 000	−781 000
Short-Term Group Debt	217 000	0	58 000	0
Total Long-Term Debt	0	217 000	494 000	621 000
Creditors	2 650 000	1 273 000	684 000	748 000
Unpaid Taxes	257 000	314 000	315 000	314 000
Dividends	0	0	0	0
Other Current Debt	238 000	293 000	337 000	536 000
Total Current Debt	3 363 000	1 984 000	1 524 000	1 752 000
Total Equity and Debt	1 693 000	1 243 000	1 324 000	1 592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,6 %	27,56 %	−3,31 %	84,12 %
Debt-to-Equity Ratio	−0	−0,23	−0,71	−0,8
Operating Profit Margin	−12,05 %	−4,01 %	0,87 %	−9,74 %
Current Ratio	0,49	0,43	0,47	0,43
Quick Ratio	0,54	0,48	0,54	0,49
Equity Ratio	−0,99	−0,77	−0,52	−0,49
Gross Profit Margin	51,06 %	55,42 %	55,35 %	54,65 %