HOUSE OF FIBER AS

1923 SØRUM

Finances

Share Ownership

Return on Equity

93,83 %

Current Ratio

2,15

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 736 000	5 631 000	7 518 000	0
Net Income	882 000	−702 000	1 280 000	−9 000
Total Assets	2 899 000	1 109 000	2 968 000	682 000
Total Equity	940 000	99 000	801 000	21 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 736 000	5 631 000	7 518 000	0
Expenditure	5 750 000	6 315 000	5 853 000	8 000
Operating Profit	985 000	−684 000	1 663 000	−8 000
Financial Income	0	0	0	0
Financial Costs	48 000	21 000	22 000	1 000
Financial Balance	−48 000	−21 000	−22 000	−1 000
Earnings Before Tax	938 000	−704 000	1 641 000	−9 000
Tax	55 000	−2 000	361 000	0
Net Income	882 000	−702 000	1 280 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	460 000	176 000	222 000	184 000
Total Current Assets	2 439 000	933 000	2 746 000	498 000
Total Assets	2 899 000	1 109 000	2 968 000	682 000
Total Retained Equity	910 000	69 000	771 000	−9 000
Total Equity	940 000	99 000	801 000	21 000
Total Long-Term Debt	824 000	472 000	473 000	500 000
Total Current Debt	1 135 000	538 000	1 696 000	161 000
Total Equity and Debt	2 899 000	1 109 000	2 968 000	682 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 736 000	5 631 000	7 518 000	0
Other Income	0	0	0	0
Revenue	6 736 000	5 631 000	7 518 000	0
Cost of Goods Sold	37 000	132 000	94 000	0
Salary Costs	3 776 000	4 031 000	3 780 000	0
Depreciation	138 000	46 000	58 000	0
Impairment	0	0	0	0
Expenditure	5 750 000	6 315 000	5 853 000	8 000
Operating Profit	985 000	−684 000	1 663 000	−8 000
Financial Income	0	0	0	0
Financial Costs	48 000	21 000	22 000	1 000
Financial Balance	−48 000	−21 000	−22 000	−1 000
Dividends	0	0	500 000	0
Net Income	882 000	−702 000	1 280 000	−9 000

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	115 000	144 000	180 000	129 000
Fixtures	344 000	32 000	42 000	55 000
Total Tangible Assets	460 000	176 000	222 000	184 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	460 000	176 000	222 000	184 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 506 000	671 000	1 842 000	464 000
Total Current Assets	2 439 000	933 000	2 746 000	498 000
Total Assets	2 899 000	1 109 000	2 968 000	682 000
Total Equity	940 000	99 000	801 000	21 000
Short-Term Group Debt	53 000	0	0	0
Total Long-Term Debt	824 000	472 000	473 000	500 000
Creditors	247 000	14 000	8 000	161 000
Unpaid Taxes	449 000	161 000	533 000	0
Dividends	0	0	500 000	0
Other Current Debt	342 000	363 000	296 000	0
Total Current Debt	1 135 000	538 000	1 696 000	161 000
Total Equity and Debt	2 899 000	1 109 000	2 968 000	682 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,83 %	−709,09 %	159,8 %	−42,86 %
Debt-to-Equity Ratio	0,88	4,77	0,59	23,81
Operating Profit Margin	14,62 %	−12,15 %	22,12 %	-
Current Ratio	2,15	1,73	1,62	3,09
Quick Ratio	2,15	1,73	1,62	3,09
Equity Ratio	0,32	0,09	0,27	0,03
Gross Profit Margin	99,45 %	97,66 %	98,75 %	-