HTH KJØKKEN ARENDAL AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

126,53 %

Current Ratio

0,67

Debt-to-Equity Ratio

−0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 578 000	19 644 000	16 195 000	17 080 000
Net Income	−1 221 000	−795 000	61 000	−1 226 000
Total Assets	4 710 000	6 212 000	5 106 000	6 251 000
Total Equity	−965 000	256 000	772 000	711 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 578 000	19 644 000	16 195 000	17 080 000
Expenditure	23 709 000	20 573 000	16 026 000	18 528 000
Operating Profit	−1 131 000	−931 000	168 000	−1 448 000
Financial Income	3 000	9 000	0	0
Financial Costs	100 000	97 000	90 000	124 000
Financial Balance	−97 000	−88 000	−90 000	−124 000
Earnings Before Tax	−1 227 000	−1 019 000	78 000	−1 572 000
Tax	−6 000	−224 000	17 000	−346 000
Net Income	−1 221 000	−795 000	61 000	−1 226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	970 000	1 026 000	901 000	996 000
Total Current Assets	3 739 000	5 186 000	4 205 000	5 256 000
Total Assets	4 710 000	6 212 000	5 106 000	6 251 000
Total Retained Equity	−1 344 000	−123 000	672 000	611 000
Total Equity	−965 000	256 000	772 000	711 000
Total Long-Term Debt	60 000	180 000	300 000	360 000
Total Current Debt	5 615 000	5 777 000	4 034 000	5 181 000
Total Equity and Debt	4 710 000	6 212 000	5 106 000	6 251 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 578 000	19 313 000	16 194 000	17 080 000
Other Income	0	331 000	1 000	0
Revenue	22 578 000	19 644 000	16 195 000	17 080 000
Cost of Goods Sold	16 081 000	15 227 000	11 293 000	12 349 000
Salary Costs	5 414 000	3 553 000	3 065 000	3 400 000
Depreciation	85 000	77 000	77 000	83 000
Impairment	0	0	0	0
Expenditure	23 709 000	20 573 000	16 026 000	18 528 000
Operating Profit	−1 131 000	−931 000	168 000	−1 448 000
Financial Income	3 000	9 000	0	0
Financial Costs	100 000	97 000	90 000	124 000
Financial Balance	−97 000	−88 000	−90 000	−124 000
Dividends	0	0	0	0
Net Income	−1 221 000	−795 000	61 000	−1 226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	606 000	600 000	397 000	415 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	364 000	426 000	504 000	581 000
Total Tangible Assets	364 000	426 000	504 000	581 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	970 000	1 026 000	901 000	996 000
Stock	1 168 000	1 514 000	1 564 000	1 493 000
Total Investments	0	0	0	0
Cash, Bank	261 000	160 000	189 000	79 000
Total Current Assets	3 739 000	5 186 000	4 205 000	5 256 000
Total Assets	4 710 000	6 212 000	5 106 000	6 251 000
Total Equity	−965 000	256 000	772 000	711 000
Short-Term Group Debt	574 000	1 541 000	690 000	0
Total Long-Term Debt	60 000	180 000	300 000	360 000
Creditors	3 350 000	2 065 000	1 050 000	1 669 000
Unpaid Taxes	883 000	412 000	526 000	159 000
Dividends	0	0	0	0
Other Current Debt	426 000	311 000	286 000	1 941 000
Total Current Debt	5 615 000	5 777 000	4 034 000	5 181 000
Total Equity and Debt	4 710 000	6 212 000	5 106 000	6 251 000

Financial indicators	2022	2021	2020	2019
Return on Equity	126,53 %	−310,55 %	7,9 %	−172,43 %
Debt-to-Equity Ratio	−0,06	0,7	0,39	0,51
Operating Profit Margin	−5,01 %	−4,74 %	1,04 %	−8,48 %
Current Ratio	0,67	0,9	1,04	1,01
Quick Ratio	0,84	1,22	1,7	1,43
Equity Ratio	−0,2	0,04	0,15	0,11
Gross Profit Margin	28,78 %	22,49 %	30,27 %	27,7 %