NES HOVSLAGERI AS

1929 AULI

Finances

Share Ownership

Return on Equity

40,57 %

Current Ratio

3,82

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 030 000	5 497 000	3 435 000	497 000
Net Income	602 000	632 000	501 000	−100 000
Total Assets	2 280 000	2 155 000	1 568 000	781 000
Total Equity	1 484 000	882 000	451 000	100 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 030 000	5 497 000	3 435 000	497 000
Expenditure	6 202 000	4 670 000	2 813 000	594 000
Operating Profit	828 000	828 000	621 000	−97 000
Financial Income	27 000	18 000	11 000	2 000
Financial Costs	83 000	37 000	19 000	5 000
Financial Balance	−56 000	−19 000	−8 000	−3 000
Earnings Before Tax	771 000	810 000	613 000	−100 000
Tax	170 000	178 000	112 000	0
Net Income	602 000	632 000	501 000	−100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	12 000	0	0
Total Current Assets	2 216 000	2 143 000	1 568 000	781 000
Total Assets	2 280 000	2 155 000	1 568 000	781 000
Total Retained Equity	1 284 000	682 000	251 000	−100 000
Total Equity	1 484 000	882 000	451 000	100 000
Total Long-Term Debt	217 000	347 000	533 000	584 000
Total Current Debt	580 000	925 000	584 000	97 000
Total Equity and Debt	2 280 000	2 155 000	1 568 000	781 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 028 000	5 497 000	3 435 000	497 000
Other Income	1 000	0	0	0
Revenue	7 030 000	5 497 000	3 435 000	497 000
Cost of Goods Sold	5 871 000	4 269 000	2 457 000	458 000
Salary Costs	0	3 000	0	0
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	6 202 000	4 670 000	2 813 000	594 000
Operating Profit	828 000	828 000	621 000	−97 000
Financial Income	27 000	18 000	11 000	2 000
Financial Costs	83 000	37 000	19 000	5 000
Financial Balance	−56 000	−19 000	−8 000	−3 000
Dividends	0	200 000	150 000	0
Net Income	602 000	632 000	501 000	−100 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	12 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	51 000	0	0	0
Total Tangible Assets	51 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	64 000	12 000	0	0
Stock	1 383 000	1 266 000	859 000	594 000
Total Investments	0	0	0	0
Cash, Bank	474 000	784 000	541 000	158 000
Total Current Assets	2 216 000	2 143 000	1 568 000	781 000
Total Assets	2 280 000	2 155 000	1 568 000	781 000
Total Equity	1 484 000	882 000	451 000	100 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	217 000	347 000	533 000	584 000
Creditors	176 000	431 000	160 000	73 000
Unpaid Taxes	214 000	103 000	163 000	23 000
Dividends	0	200 000	150 000	0
Other Current Debt	19 000	0	0	2 000
Total Current Debt	580 000	925 000	584 000	97 000
Total Equity and Debt	2 280 000	2 155 000	1 568 000	781 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,57 %	71,66 %	111,09 %	−100 %
Debt-to-Equity Ratio	0,15	0,39	1,18	5,84
Operating Profit Margin	11,78 %	15,06 %	18,08 %	−19,52 %
Current Ratio	3,82	2,32	2,68	8,05
Quick Ratio	−2,76	−6,28	−5,7	−1,57
Equity Ratio	0,65	0,41	0,29	0,13
Gross Profit Margin	16,49 %	22,34 %	28,47 %	7,85 %