H-3 HOLDING AS

1954 SETSKOG

Finances

Return on Equity

−14,86 %

Current Ratio

1,81

Debt-to-Equity Ratio

1,45

Key figures (NOK)	2022	2021	2020
Revenue	92 286 000	94 902 000	0
Net Income	−3 380 000	5 175 000	0
Total Assets	73 571 000	66 221 000	17 531 000
Total Equity	22 743 000	26 723 000	17 531 000

Income (NOK)	2022	2021	2020
Revenue	92 286 000	94 902 000	0
Expenditure	95 390 000	87 873 000	1 000
Operating Profit	−3 103 000	7 030 000	−1 000
Financial Income	42 000	45 000	0
Financial Costs	783 000	440 000	0
Financial Balance	−741 000	−395 000	0
Earnings Before Tax	−3 844 000	6 635 000	−1 000
Tax	−463 000	1 460 000	−2 000
Net Income	−3 380 000	5 175 000	0

Balance (NOK)	2022	2021	2020
Total Fixed Assets	41 097 000	28 657 000	17 508 000
Total Current Assets	32 473 000	37 564 000	23 000
Total Assets	73 571 000	66 221 000	17 531 000
Total Retained Equity	5 212 000	9 192 000	0
Total Equity	22 743 000	26 723 000	17 531 000
Total Long-Term Debt	32 893 000	20 364 000	0
Total Current Debt	17 934 000	19 135 000	0
Total Equity and Debt	73 571 000	66 221 000	17 531 000

Cash flow (NOK)	2022	2021	2020
Sales Income	88 511 000	91 625 000	0
Other Income	3 775 000	3 278 000	0
Revenue	92 286 000	94 902 000	0
Cost of Goods Sold	42 513 000	40 498 000	0
Salary Costs	18 741 000	18 309 000	0
Depreciation	7 941 000	3 993 000	0
Impairment	0	0	0
Expenditure	95 390 000	87 873 000	1 000
Operating Profit	−3 103 000	7 030 000	−1 000
Financial Income	42 000	45 000	0
Financial Costs	783 000	440 000	0
Financial Balance	−741 000	−395 000	0
Dividends	0	600 000	0
Net Income	−3 380 000	5 175 000	0

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	540 000	77 000	2 000
Real Eastate	8 301 000	3 536 000	0
Machinery and Plant Facilities	23 435 000	19 840 000	0
Fixtures	7 740 000	4 123 000	0
Total Tangible Assets	39 476 000	27 499 000	0
Total Fiancial Fixed Assets	1 082 000	1 082 000	17 507 000
Total Fixed Assets	41 097 000	28 657 000	17 508 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	13 121 000	12 445 000	23 000
Total Current Assets	32 473 000	37 564 000	23 000
Total Assets	73 571 000	66 221 000	17 531 000
Total Equity	22 743 000	26 723 000	17 531 000
Short-Term Group Debt	188 000	188 000	0
Total Long-Term Debt	32 893 000	20 364 000	0
Creditors	10 104 000	7 169 000	0
Unpaid Taxes	3 198 000	3 358 000	0
Dividends	0	600 000	0
Other Current Debt	3 844 000	6 410 000	0
Total Current Debt	17 934 000	19 135 000	0
Total Equity and Debt	73 571 000	66 221 000	17 531 000

Financial indicators	2022	2021	2020
Return on Equity	−14,86 %	19,37 %	0 %
Debt-to-Equity Ratio	1,45	0,76	0
Operating Profit Margin	−3,36 %	7,41 %	-
Current Ratio	1,81	1,96	-
Quick Ratio	1,81	1,96	-
Equity Ratio	0,31	0,4	1
Gross Profit Margin	53,93 %	57,33 %	-