HOGNE VEVLE AS

5281 VALESTRANDSFOSSEN

Finances

Return on Equity

46,77 %

Current Ratio

0,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	725 000	1 169 000	439 000
Net Income	152 000	102 000	46 000
Total Assets	520 000	718 000	544 000
Total Equity	325 000	172 000	70 000

Income (NOK)	2022	2021	2020
Revenue	725 000	1 169 000	439 000
Expenditure	529 000	1 034 000	381 000
Operating Profit	196 000	134 000	59 000
Financial Income	0	0	0
Financial Costs	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	−1 000
Earnings Before Tax	195 000	133 000	57 000
Tax	43 000	31 000	11 000
Net Income	152 000	102 000	46 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	515 000	481 000	199 000
Total Current Assets	5 000	236 000	345 000
Total Assets	520 000	718 000	544 000
Total Retained Equity	300 000	148 000	46 000
Total Equity	325 000	172 000	70 000
Total Long-Term Debt	1 000	0	0
Total Current Debt	194 000	545 000	473 000
Total Equity and Debt	520 000	718 000	544 000

Cash flow (NOK)	2022	2021	2020
Sales Income	725 000	1 169 000	439 000
Other Income	0	0	0
Revenue	725 000	1 169 000	439 000
Cost of Goods Sold	0	0	0
Salary Costs	433 000	924 000	346 000
Depreciation	5 000	0	0
Impairment	0	0	0
Expenditure	529 000	1 034 000	381 000
Operating Profit	196 000	134 000	59 000
Financial Income	0	0	0
Financial Costs	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	−1 000
Dividends	0	0	0
Net Income	152 000	102 000	46 000

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	34 000	0	0
Total Tangible Assets	34 000	0	0
Total Fiancial Fixed Assets	481 000	481 000	199 000
Total Fixed Assets	515 000	481 000	199 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	3 000	156 000	88 000
Total Current Assets	5 000	236 000	345 000
Total Assets	520 000	718 000	544 000
Total Equity	325 000	172 000	70 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	0	0
Creditors	2 000	9 000	7 000
Unpaid Taxes	0	46 000	131 000
Dividends	0	0	0
Other Current Debt	150 000	461 000	324 000
Total Current Debt	194 000	545 000	473 000
Total Equity and Debt	520 000	718 000	544 000

Financial indicators	2022	2021	2020
Return on Equity	46,77 %	59,3 %	65,71 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	27,03 %	11,46 %	13,44 %
Current Ratio	0,03	0,43	0,73
Quick Ratio	0,03	0,43	0,73
Equity Ratio	0,63	0,24	0,13
Gross Profit Margin	100 %	100 %	100 %