HOVEDKVARTER AS

1900 FETSUND

Finances

Return on Equity

22,26 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	120 189 000	96 675 000	62 141 000
Net Income	4 373 000	8 621 000	−503 000
Total Assets	59 730 000	55 734 000	36 597 000
Total Equity	19 642 000	24 539 000	17 137 000

Income (NOK)	2022	2021	2020
Revenue	120 189 000	96 675 000	62 141 000
Expenditure	112 219 000	86 112 000	65 333 000
Operating Profit	7 970 000	10 563 000	−3 192 000
Financial Income	2 844 000	1 477 000	1 286 000
Financial Costs	2 593 000	2 248 000	928 000
Financial Balance	251 000	−771 000	358 000
Earnings Before Tax	8 221 000	9 791 000	−2 833 000
Tax	3 848 000	1 170 000	−2 331 000
Net Income	4 373 000	8 621 000	−503 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	12 174 000	10 817 000	9 985 000
Total Current Assets	47 556 000	44 917 000	26 612 000
Total Assets	59 730 000	55 734 000	36 597 000
Total Retained Equity	19 525 000	24 422 000	17 020 000
Total Equity	19 642 000	24 539 000	17 137 000
Total Long-Term Debt	0	0	0
Total Current Debt	40 088 000	31 195 000	19 460 000
Total Equity and Debt	59 730 000	55 734 000	36 597 000

Cash flow (NOK)	2022	2021	2020
Sales Income	120 189 000	96 675 000	62 141 000
Other Income	0	0	0
Revenue	120 189 000	96 675 000	62 141 000
Cost of Goods Sold	80 252 000	68 381 000	36 343 000
Salary Costs	10 388 000	5 005 000	9 152 000
Depreciation	1 176 000	910 000	146 000
Impairment	5 000	178 000	0
Expenditure	112 219 000	86 112 000	65 333 000
Operating Profit	7 970 000	10 563 000	−3 192 000
Financial Income	2 844 000	1 477 000	1 286 000
Financial Costs	2 593 000	2 248 000	928 000
Financial Balance	251 000	−771 000	358 000
Dividends	0	0	0
Net Income	4 373 000	8 621 000	−503 000

Balance details (NOK)	2022	2021	2020
Goodwill	4 174 000	2 630 000	1 080 000
Total Intangible Assets	9 370 000	9 726 000	8 427 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	392 000	608 000	0
Total Tangible Assets	392 000	608 000	0
Total Fiancial Fixed Assets	2 412 000	483 000	1 558 000
Total Fixed Assets	12 174 000	10 817 000	9 985 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	20 815 000	15 978 000	8 217 000
Total Current Assets	47 556 000	44 917 000	26 612 000
Total Assets	59 730 000	55 734 000	36 597 000
Total Equity	19 642 000	24 539 000	17 137 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	6 031 000	9 972 000	3 398 000
Unpaid Taxes	2 260 000	1 048 000	1 049 000
Dividends	0	0	0
Other Current Debt	22 461 000	19 078 000	14 942 000
Total Current Debt	40 088 000	31 195 000	19 460 000
Total Equity and Debt	59 730 000	55 734 000	36 597 000

Financial indicators	2022	2021	2020
Return on Equity	22,26 %	35,13 %	−2,94 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	6,63 %	10,93 %	−5,14 %
Current Ratio	1,19	1,44	1,37
Quick Ratio	1,19	1,44	1,37
Equity Ratio	0,33	0,44	0,47
Gross Profit Margin	33,23 %	29,27 %	41,52 %