HOGNESTAD AS

4340 BRYNE

Finances

Share Ownership

Return on Equity

165,19 %

Current Ratio

0,6

Debt-to-Equity Ratio

−41,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 980 000	5 478 000	4 961 000	4 799 000
Net Income	−446 000	−370 000	−776 000	−562 000
Total Assets	13 378 000	3 445 000	3 944 000	4 278 000
Total Equity	−270 000	−192 000	178 000	454 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 980 000	5 478 000	4 961 000	4 799 000
Expenditure	7 444 000	5 852 000	5 823 000	5 408 000
Operating Profit	−464 000	−374 000	−862 000	−609 000
Financial Income	56 000	44 000	17 000	35 000
Financial Costs	160 000	145 000	147 000	139 000
Financial Balance	−104 000	−101 000	−130 000	−104 000
Earnings Before Tax	−568 000	−475 000	−992 000	−714 000
Tax	−122 000	−104 000	−216 000	−152 000
Net Income	−446 000	−370 000	−776 000	−562 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 894 000	1 676 000	2 112 000	2 326 000
Total Current Assets	1 484 000	1 769 000	1 832 000	1 952 000
Total Assets	13 378 000	3 445 000	3 944 000	4 278 000
Total Retained Equity	−4 238 000	−3 792 000	−3 422 000	−2 646 000
Total Equity	−270 000	−192 000	178 000	454 000
Total Long-Term Debt	11 157 000	1 798 000	2 188 000	2 438 000
Total Current Debt	2 491 000	1 839 000	1 578 000	1 386 000
Total Equity and Debt	13 378 000	3 445 000	3 944 000	4 278 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 820 000	4 979 000	4 535 000	4 433 000
Other Income	160 000	499 000	426 000	366 000
Revenue	6 980 000	5 478 000	4 961 000	4 799 000
Cost of Goods Sold	1 114 000	320 000	300 000	574 000
Salary Costs	1 029 000	1 137 000	1 007 000	1 067 000
Depreciation	348 000	527 000	668 000	713 000
Impairment	0	0	0	0
Expenditure	7 444 000	5 852 000	5 823 000	5 408 000
Operating Profit	−464 000	−374 000	−862 000	−609 000
Financial Income	56 000	44 000	17 000	35 000
Financial Costs	160 000	145 000	147 000	139 000
Financial Balance	−104 000	−101 000	−130 000	−104 000
Dividends	0	0	0	0
Net Income	−446 000	−370 000	−776 000	−562 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 122 000	1 000 000	895 000	679 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	10 723 000	676 000	1 217 000	1 647 000
Fixtures	50 000	0	0	0
Total Tangible Assets	10 772 000	676 000	1 217 000	1 647 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 894 000	1 676 000	2 112 000	2 326 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	30 000	52 000	37 000	328 000
Total Current Assets	1 484 000	1 769 000	1 832 000	1 952 000
Total Assets	13 378 000	3 445 000	3 944 000	4 278 000
Total Equity	−270 000	−192 000	178 000	454 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 157 000	1 798 000	2 188 000	2 438 000
Creditors	1 111 000	606 000	285 000	507 000
Unpaid Taxes	65 000	89 000	193 000	220 000
Dividends	0	0	0	0
Other Current Debt	253 000	375 000	432 000	138 000
Total Current Debt	2 491 000	1 839 000	1 578 000	1 386 000
Total Equity and Debt	13 378 000	3 445 000	3 944 000	4 278 000

Financial indicators	2022	2021	2020	2019
Return on Equity	165,19 %	192,71 %	−435,96 %	−123,79 %
Debt-to-Equity Ratio	−41,32	−9,36	12,29	5,37
Operating Profit Margin	−6,65 %	−6,83 %	−17,38 %	−12,69 %
Current Ratio	0,6	0,96	1,16	1,41
Quick Ratio	0,6	0,96	1,16	1,41
Equity Ratio	−0,02	−0,06	0,05	0,11
Gross Profit Margin	84,04 %	94,16 %	93,95 %	88,04 %