HANEBO & SORTVIK AS

7037 TRONDHEIM

Finances

Return on Equity

81,37 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 995 000	14 602 000	12 631 000	12 413 000
Net Income	1 201 000	820 000	43 000	548 000
Total Assets	5 020 000	4 173 000	3 277 000	3 532 000
Total Equity	1 476 000	1 455 000	1 385 000	1 792 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 995 000	14 602 000	12 631 000	12 413 000
Expenditure	14 454 000	13 529 000	12 557 000	11 704 000
Operating Profit	1 542 000	1 073 000	74 000	709 000
Financial Income	1 000	2 000	0	1 000
Financial Costs	2 000	24 000	18 000	7 000
Financial Balance	−1 000	−22 000	−18 000	−6 000
Earnings Before Tax	1 540 000	1 050 000	55 000	703 000
Tax	339 000	231 000	12 000	155 000
Net Income	1 201 000	820 000	43 000	548 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	456 000	403 000	306 000	299 000
Total Current Assets	4 564 000	3 770 000	2 971 000	3 233 000
Total Assets	5 020 000	4 173 000	3 277 000	3 532 000
Total Retained Equity	1 376 000	1 355 000	1 285 000	1 692 000
Total Equity	1 476 000	1 455 000	1 385 000	1 792 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 544 000	2 718 000	1 892 000	1 740 000
Total Equity and Debt	5 020 000	4 173 000	3 277 000	3 532 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 954 000	14 365 000	12 573 000	12 345 000
Other Income	41 000	237 000	57 000	68 000
Revenue	15 995 000	14 602 000	12 631 000	12 413 000
Cost of Goods Sold	8 047 000	7 454 000	6 783 000	6 503 000
Salary Costs	4 098 000	3 829 000	3 652 000	2 872 000
Depreciation	88 000	84 000	78 000	92 000
Impairment	0	0	0	0
Expenditure	14 454 000	13 529 000	12 557 000	11 704 000
Operating Profit	1 542 000	1 073 000	74 000	709 000
Financial Income	1 000	2 000	0	1 000
Financial Costs	2 000	24 000	18 000	7 000
Financial Balance	−1 000	−22 000	−18 000	−6 000
Dividends	1 180 000	750 000	0	0
Net Income	1 201 000	820 000	43 000	548 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	14 000	15 000	35 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	420 000	287 000	252 000	212 000
Total Tangible Assets	420 000	287 000	252 000	212 000
Total Fiancial Fixed Assets	28 000	103 000	40 000	52 000
Total Fixed Assets	456 000	403 000	306 000	299 000
Stock	2 327 000	2 261 000	2 144 000	2 029 000
Total Investments	0	0	0	0
Cash, Bank	803 000	1 012 000	170 000	166 000
Total Current Assets	4 564 000	3 770 000	2 971 000	3 233 000
Total Assets	5 020 000	4 173 000	3 277 000	3 532 000
Total Equity	1 476 000	1 455 000	1 385 000	1 792 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	856 000	751 000	421 000	619 000
Unpaid Taxes	826 000	599 000	558 000	374 000
Dividends	1 180 000	750 000	0	0
Other Current Debt	1 529 000	1 139 000	837 000	316 000
Total Current Debt	3 544 000	2 718 000	1 892 000	1 740 000
Total Equity and Debt	5 020 000	4 173 000	3 277 000	3 532 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,37 %	56,36 %	3,1 %	30,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,64 %	7,35 %	0,59 %	5,71 %
Current Ratio	1,29	1,39	1,57	1,86
Quick Ratio	3,75	8,25	−11,79	−11,19
Equity Ratio	0,29	0,35	0,42	0,51
Gross Profit Margin	49,69 %	48,95 %	46,3 %	47,61 %