HGR AS

9302 ROSSFJORDSTRAUMEN

Finances

Share Ownership

Return on Equity

24,44 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	8 126 000	8 217 000	3 211 000
Net Income	303 000	266 000	79 000
Total Assets	2 665 000	3 270 000	1 817 000
Total Equity	1 240 000	1 996 000	109 000

Income (NOK)	2022	2021	2020
Revenue	8 126 000	8 217 000	3 211 000
Expenditure	7 735 000	7 861 000	3 111 000
Operating Profit	391 000	356 000	101 000
Financial Income	3 000	2 000	0
Financial Costs	2 000	16 000	5 000
Financial Balance	1 000	−14 000	−5 000
Earnings Before Tax	392 000	341 000	96 000
Tax	89 000	75 000	17 000
Net Income	303 000	266 000	79 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	582 000	715 000	358 000
Total Current Assets	2 083 000	2 555 000	1 458 000
Total Assets	2 665 000	3 270 000	1 817 000
Total Retained Equity	0	145 000	79 000
Total Equity	1 240 000	1 996 000	109 000
Total Long-Term Debt	21 000	18 000	492 000
Total Current Debt	1 403 000	1 256 000	1 216 000
Total Equity and Debt	2 665 000	3 270 000	1 817 000

Cash flow (NOK)	2022	2021	2020
Sales Income	8 067 000	8 217 000	3 211 000
Other Income	60 000	0	0
Revenue	8 126 000	8 217 000	3 211 000
Cost of Goods Sold	4 491 000	4 366 000	1 619 000
Salary Costs	2 071 000	2 208 000	1 017 000
Depreciation	160 000	179 000	33 000
Impairment	0	0	0
Expenditure	7 735 000	7 861 000	3 111 000
Operating Profit	391 000	356 000	101 000
Financial Income	3 000	2 000	0
Financial Costs	2 000	16 000	5 000
Financial Balance	1 000	−14 000	−5 000
Dividends	0	0	0
Net Income	303 000	266 000	79 000

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	30 000	40 000	0
Fixtures	450 000	574 000	358 000
Total Tangible Assets	480 000	614 000	358 000
Total Fiancial Fixed Assets	102 000	102 000	0
Total Fixed Assets	582 000	715 000	358 000
Stock	0	131 000	120 000
Total Investments	0	0	0
Cash, Bank	773 000	1 276 000	565 000
Total Current Assets	2 083 000	2 555 000	1 458 000
Total Assets	2 665 000	3 270 000	1 817 000
Total Equity	1 240 000	1 996 000	109 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	21 000	18 000	492 000
Creditors	203 000	99 000	394 000
Unpaid Taxes	447 000	372 000	100 000
Dividends	0	0	0
Other Current Debt	668 000	711 000	722 000
Total Current Debt	1 403 000	1 256 000	1 216 000
Total Equity and Debt	2 665 000	3 270 000	1 817 000

Financial indicators	2022	2021	2020
Return on Equity	24,44 %	13,33 %	72,48 %
Debt-to-Equity Ratio	0,02	0,01	4,51
Operating Profit Margin	4,81 %	4,33 %	3,15 %
Current Ratio	1,48	2,03	1,2
Quick Ratio	1,48	2,27	1,33
Equity Ratio	0,47	0,61	0,06
Gross Profit Margin	44,73 %	46,87 %	49,58 %