HVALER BÅTDEKK AS

1680 SKJÆRHALDEN

Finances

Share Ownership

Return on Equity

45,11 %

Current Ratio

5,02

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 208 000	2 829 000	534 000	100 000
Net Income	733 000	831 000	39 000	−8 000
Total Assets	2 146 000	1 367 000	456 000	402 000
Total Equity	1 625 000	892 000	61 000	22 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 208 000	2 829 000	534 000	100 000
Expenditure	1 267 000	1 927 000	487 000	108 000
Operating Profit	941 000	1 066 000	48 000	−8 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Earnings Before Tax	940 000	1 065 000	48 000	−8 000
Tax	207 000	234 000	9 000	0
Net Income	733 000	831 000	39 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	172 000	208 000	244 000	279 000
Total Current Assets	1 974 000	1 159 000	213 000	124 000
Total Assets	2 146 000	1 367 000	456 000	402 000
Total Retained Equity	1 595 000	862 000	31 000	−8 000
Total Equity	1 625 000	892 000	61 000	22 000
Total Long-Term Debt	128 000	128 000	355 000	236 000
Total Current Debt	393 000	347 000	40 000	145 000
Total Equity and Debt	2 146 000	1 367 000	456 000	402 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 208 000	2 829 000	534 000	0
Other Income	0	0	0	100 000
Revenue	2 208 000	2 829 000	534 000	100 000
Cost of Goods Sold	243 000	834 000	259 000	29 000
Salary Costs	779 000	698 000	0	0
Depreciation	36 000	36 000	35 000	9 000
Impairment	0	0	0	0
Expenditure	1 267 000	1 927 000	487 000	108 000
Operating Profit	941 000	1 066 000	48 000	−8 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	0	0
Financial Balance	−1 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	733 000	831 000	39 000	−8 000

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	172 000	0	0	0
Fixtures	0	208 000	244 000	279 000
Total Tangible Assets	172 000	208 000	244 000	279 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	172 000	208 000	244 000	279 000
Stock	231 000	209 000	45 000	0
Total Investments	0	0	0	0
Cash, Bank	1 516 000	935 000	158 000	34 000
Total Current Assets	1 974 000	1 159 000	213 000	124 000
Total Assets	2 146 000	1 367 000	456 000	402 000
Total Equity	1 625 000	892 000	61 000	22 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	128 000	128 000	355 000	236 000
Creditors	7 000	0	3 000	145 000
Unpaid Taxes	110 000	56 000	37 000	0
Dividends	0	0	0	0
Other Current Debt	69 000	62 000	0	0
Total Current Debt	393 000	347 000	40 000	145 000
Total Equity and Debt	2 146 000	1 367 000	456 000	402 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,11 %	93,16 %	63,93 %	−36,36 %
Debt-to-Equity Ratio	0,08	0,14	5,82	10,73
Operating Profit Margin	42,62 %	37,68 %	8,99 %	−8 %
Current Ratio	5,02	3,34	5,33	0,86
Quick Ratio	12,19	8,4	−42,6	0,86
Equity Ratio	0,76	0,65	0,13	0,05
Gross Profit Margin	88,99 %	70,52 %	51,5 %	71 %