HØNEFOSS AUTO AS

3515 HØNEFOSS

Finances

Share Ownership

Return on Equity

13,97 %

Current Ratio

1,02

Debt-to-Equity Ratio

1,99

Key figures (NOK)	2022	2021	2020
Revenue	10 165 000	9 197 000	5 358 000
Net Income	44 000	113 000	136 000
Total Assets	3 117 000	2 501 000	1 651 000
Total Equity	315 000	270 000	157 000

Income (NOK)	2022	2021	2020
Revenue	10 165 000	9 197 000	5 358 000
Expenditure	10 068 000	9 007 000	5 196 000
Operating Profit	97 000	191 000	162 000
Financial Income	1 000	0	0
Financial Costs	41 000	31 000	2 000
Financial Balance	−40 000	−31 000	−2 000
Earnings Before Tax	58 000	160 000	160 000
Tax	13 000	47 000	24 000
Net Income	44 000	113 000	136 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	903 000	836 000	508 000
Total Current Assets	2 214 000	1 665 000	1 143 000
Total Assets	3 117 000	2 501 000	1 651 000
Total Retained Equity	294 000	249 000	136 000
Total Equity	315 000	270 000	157 000
Total Long-Term Debt	628 000	490 000	0
Total Current Debt	2 175 000	1 741 000	1 494 000
Total Equity and Debt	3 117 000	2 501 000	1 651 000

Cash flow (NOK)	2022	2021	2020
Sales Income	9 961 000	9 142 000	5 357 000
Other Income	204 000	55 000	1 000
Revenue	10 165 000	9 197 000	5 358 000
Cost of Goods Sold	4 058 000	3 314 000	2 176 000
Salary Costs	3 902 000	3 880 000	2 218 000
Depreciation	259 000	206 000	50 000
Impairment	0	0	0
Expenditure	10 068 000	9 007 000	5 196 000
Operating Profit	97 000	191 000	162 000
Financial Income	1 000	0	0
Financial Costs	41 000	31 000	2 000
Financial Balance	−40 000	−31 000	−2 000
Dividends	0	0	0
Net Income	44 000	113 000	136 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	903 000	836 000	508 000
Total Tangible Assets	903 000	836 000	508 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	903 000	836 000	508 000
Stock	335 000	240 000	113 000
Total Investments	0	0	0
Cash, Bank	1 137 000	959 000	666 000
Total Current Assets	2 214 000	1 665 000	1 143 000
Total Assets	3 117 000	2 501 000	1 651 000
Total Equity	315 000	270 000	157 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	628 000	490 000	0
Creditors	930 000	536 000	639 000
Unpaid Taxes	377 000	413 000	304 000
Dividends	0	0	0
Other Current Debt	868 000	768 000	527 000
Total Current Debt	2 175 000	1 741 000	1 494 000
Total Equity and Debt	3 117 000	2 501 000	1 651 000

Financial indicators	2022	2021	2020
Return on Equity	13,97 %	41,85 %	86,62 %
Debt-to-Equity Ratio	1,99	1,81	0
Operating Profit Margin	0,95 %	2,08 %	3,02 %
Current Ratio	1,02	0,96	0,77
Quick Ratio	1,2	1,11	0,83
Equity Ratio	0,1	0,11	0,1
Gross Profit Margin	60,08 %	63,97 %	59,39 %