HM KROGSTAD AS

6030 LANGEVÅG

Finances

Share Ownership

Return on Equity

6,14 %

Current Ratio

Debt-to-Equity Ratio

0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 792 000	1 976 000	1 848 000	1 041 000
Net Income	24 000	35 000	−2 000	268 000
Total Assets	899 000	677 000	485 000	464 000
Total Equity	391 000	367 000	341 000	344 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 792 000	1 976 000	1 848 000	1 041 000
Expenditure	1 753 000	1 842 000	1 938 000	710 000
Operating Profit	40 000	134 000	−91 000	330 000
Financial Income	0	0	1 000	13 000
Financial Costs	12 000	1 000	1 000	0
Financial Balance	−12 000	−1 000	0	13 000
Earnings Before Tax	28 000	133 000	−92 000	343 000
Tax	5 000	99 000	−89 000	75 000
Net Income	24 000	35 000	−2 000	268 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	445 000	343 000	283 000	290 000
Total Current Assets	454 000	334 000	202 000	174 000
Total Assets	899 000	677 000	485 000	464 000
Total Retained Equity	361 000	343 000	317 000	319 000
Total Equity	391 000	367 000	341 000	344 000
Total Long-Term Debt	282 000	74 000	98 000	161 000
Total Current Debt	227 000	236 000	45 000	−40 000
Total Equity and Debt	899 000	677 000	485 000	464 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 617 000	1 750 000	1 703 000	956 000
Other Income	175 000	227 000	145 000	86 000
Revenue	1 792 000	1 976 000	1 848 000	1 041 000
Cost of Goods Sold	46 000	190 000	23 000	30 000
Salary Costs	558 000	700 000	239 000	4 000
Depreciation	181 000	90 000	88 000	39 000
Impairment	0	0	0	0
Expenditure	1 753 000	1 842 000	1 938 000	710 000
Operating Profit	40 000	134 000	−91 000	330 000
Financial Income	0	0	1 000	13 000
Financial Costs	12 000	1 000	1 000	0
Financial Balance	−12 000	−1 000	0	13 000
Dividends	0	0	0	0
Net Income	24 000	35 000	−2 000	268 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	23 000	13 000	13 000	0
Real Eastate	0	42 000	0	0
Machinery and Plant Facilities	25 000	34 000	15 000	19 000
Fixtures	365 000	228 000	228 000	252 000
Total Tangible Assets	390 000	304 000	244 000	272 000
Total Fiancial Fixed Assets	32 000	26 000	26 000	19 000
Total Fixed Assets	445 000	343 000	283 000	290 000
Stock	217 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	162 000	325 000	162 000	158 000
Total Current Assets	454 000	334 000	202 000	174 000
Total Assets	899 000	677 000	485 000	464 000
Total Equity	391 000	367 000	341 000	344 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	282 000	74 000	98 000	161 000
Creditors	22 000	40 000	7 000	−121 000
Unpaid Taxes	98 000	76 000	69 000	12 000
Dividends	0	0	0	0
Other Current Debt	92 000	91 000	39 000	0
Total Current Debt	227 000	236 000	45 000	−40 000
Total Equity and Debt	899 000	677 000	485 000	464 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,14 %	9,54 %	−0,59 %	77,91 %
Debt-to-Equity Ratio	0,72	0,2	0,29	0,47
Operating Profit Margin	2,23 %	6,78 %	−4,92 %	31,7 %
Current Ratio	2	1,42	4,49	−4,35
Quick Ratio	45,4	1,42	4,49	−4,35
Equity Ratio	0,43	0,54	0,7	0,74
Gross Profit Margin	97,43 %	90,38 %	98,76 %	97,12 %