HØNEFOSS VVS AS

3516 HØNEFOSS

Finances

Share Ownership

Return on Equity

151,23 %

Current Ratio

0,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 299 000	28 452 000	26 381 000	0
Net Income	1 234 000	2 114 000	2 110 000	0
Total Assets	10 206 000	9 289 000	7 620 000	30 000
Total Equity	816 000	1 002 000	1 429 000	30 000

Income (NOK)	2022	2021	2020
Revenue	27 299 000	28 452 000	26 381 000
Expenditure	25 551 000	25 739 000	23 670 000
Operating Profit	1 749 000	2 714 000	2 710 000
Financial Income	7 000	4 000	5 000
Financial Costs	4 000	5 000	7 000
Financial Balance	3 000	−1 000	−2 000
Earnings Before Tax	1 752 000	2 713 000	2 707 000
Tax	518 000	600 000	597 000
Net Income	1 234 000	2 114 000	2 110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	887 000	470 000	323 000	0
Total Current Assets	9 319 000	8 818 000	7 298 000	30 000
Total Assets	10 206 000	9 289 000	7 620 000	30 000
Total Retained Equity	786 000	972 000	1 399 000	0
Total Equity	816 000	1 002 000	1 429 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	9 390 000	8 287 000	6 191 000	0
Total Equity and Debt	10 206 000	9 289 000	7 620 000	30 000

Cash flow (NOK)	2022	2021	2020
Sales Income	27 277 000	28 421 000	26 353 000
Other Income	22 000	30 000	28 000
Revenue	27 299 000	28 452 000	26 381 000
Cost of Goods Sold	11 743 000	11 943 000	10 377 000
Salary Costs	9 167 000	9 319 000	9 184 000
Depreciation	201 000	141 000	123 000
Impairment	0	0	0
Expenditure	25 551 000	25 739 000	23 670 000
Operating Profit	1 749 000	2 714 000	2 710 000
Financial Income	7 000	4 000	5 000
Financial Costs	4 000	5 000	7 000
Financial Balance	3 000	−1 000	−2 000
Dividends	0	0	0
Net Income	1 234 000	2 114 000	2 110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	118 000	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	857 000	322 000	292 000	0
Total Tangible Assets	857 000	322 000	292 000	0
Total Fiancial Fixed Assets	30 000	30 000	30 000	0
Total Fixed Assets	887 000	470 000	323 000	0
Stock	1 813 000	1 928 000	1 830 000	0
Total Investments	0	0	0	0
Cash, Bank	3 311 000	4 235 000	3 498 000	30 000
Total Current Assets	9 319 000	8 818 000	7 298 000	30 000
Total Assets	10 206 000	9 289 000	7 620 000	30 000
Total Equity	816 000	1 002 000	1 429 000	30 000
Short-Term Group Debt	3 772 000	3 258 000	1 378 000	0
Total Long-Term Debt	0	0	0	0
Creditors	1 793 000	1 365 000	1 148 000	0
Unpaid Taxes	1 675 000	1 273 000	1 393 000	0
Dividends	0	0	0	0
Other Current Debt	2 150 000	2 391 000	2 273 000	0
Total Current Debt	9 390 000	8 287 000	6 191 000	0
Total Equity and Debt	10 206 000	9 289 000	7 620 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	151,23 %	210,98 %	147,66 %	0 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,41 %	9,54 %	10,27 %	-
Current Ratio	0,99	1,06	1,18	-
Quick Ratio	1,23	1,39	1,67	-
Equity Ratio	0,08	0,11	0,19	1
Gross Profit Margin	56,98 %	58,02 %	60,66 %	-