HOLARS AS

2092 MINNESUND

Finances

Share Ownership

Return on Equity

−15,66 %

Current Ratio

1,91

Debt-to-Equity Ratio

0,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 500 000	8 625 000	8 905 000	9 683 000
Net Income	−276 000	5 000	78 000	84 000
Total Assets	4 527 000	4 344 000	4 661 000	4 883 000
Total Equity	1 762 000	2 038 000	2 032 000	1 955 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 500 000	8 625 000	8 905 000	9 683 000
Expenditure	8 750 000	8 566 000	8 692 000	9 495 000
Operating Profit	−250 000	60 000	212 000	190 000
Financial Income	129 000	41 000	18 000	30 000
Financial Costs	155 000	81 000	117 000	110 000
Financial Balance	−26 000	−40 000	−99 000	−80 000
Earnings Before Tax	−276 000	20 000	113 000	110 000
Tax	0	15 000	35 000	26 000
Net Income	−276 000	5 000	78 000	84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	324 000	299 000	302 000	208 000
Total Current Assets	4 203 000	4 045 000	4 359 000	4 675 000
Total Assets	4 527 000	4 344 000	4 661 000	4 883 000
Total Retained Equity	1 212 000	1 488 000	1 482 000	1 405 000
Total Equity	1 762 000	2 038 000	2 032 000	1 955 000
Total Long-Term Debt	570 000	660 000	750 000	840 000
Total Current Debt	2 195 000	1 646 000	1 879 000	2 089 000
Total Equity and Debt	4 527 000	4 344 000	4 661 000	4 883 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 496 000	8 604 000	8 891 000	9 683 000
Other Income	4 000	21 000	13 000	0
Revenue	8 500 000	8 625 000	8 905 000	9 683 000
Cost of Goods Sold	4 681 000	4 221 000	4 533 000	5 151 000
Salary Costs	1 779 000	1 511 000	1 168 000	1 492 000
Depreciation	9 000	4 000	6 000	13 000
Impairment	0	0	0	0
Expenditure	8 750 000	8 566 000	8 692 000	9 495 000
Operating Profit	−250 000	60 000	212 000	190 000
Financial Income	129 000	41 000	18 000	30 000
Financial Costs	155 000	81 000	117 000	110 000
Financial Balance	−26 000	−40 000	−99 000	−80 000
Dividends	0	0	0	0
Net Income	−276 000	5 000	78 000	84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	38 000	13 000	17 000	22 000
Total Tangible Assets	38 000	13 000	17 000	22 000
Total Fiancial Fixed Assets	286 000	286 000	286 000	186 000
Total Fixed Assets	324 000	299 000	302 000	208 000
Stock	2 466 000	2 930 000	3 153 000	2 927 000
Total Investments	0	0	0	0
Cash, Bank	79 000	−91 000	53 000	376 000
Total Current Assets	4 203 000	4 045 000	4 359 000	4 675 000
Total Assets	4 527 000	4 344 000	4 661 000	4 883 000
Total Equity	1 762 000	2 038 000	2 032 000	1 955 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	570 000	660 000	750 000	840 000
Creditors	1 026 000	485 000	412 000	1 164 000
Unpaid Taxes	445 000	726 000	857 000	368 000
Dividends	0	0	0	0
Other Current Debt	517 000	421 000	574 000	532 000
Total Current Debt	2 195 000	1 646 000	1 879 000	2 089 000
Total Equity and Debt	4 527 000	4 344 000	4 661 000	4 883 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,66 %	0,25 %	3,84 %	4,3 %
Debt-to-Equity Ratio	0,32	0,32	0,37	0,43
Operating Profit Margin	−2,94 %	0,7 %	2,38 %	1,96 %
Current Ratio	1,91	2,46	2,32	2,24
Quick Ratio	−15,51	−3,15	−3,42	−5,58
Equity Ratio	0,39	0,47	0,44	0,4
Gross Profit Margin	44,93 %	51,06 %	49,1 %	46,8 %