HÅVARDSRUD SAG OG HØVLERI AS

3614 KONGSBERG

Finances

Return on Equity

−19,26 %

Current Ratio

1,97

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 826 000	20 038 000	18 621 000	15 988 000
Net Income	−621 000	657 000	263 000	117 000
Total Assets	9 057 000	8 755 000	7 831 000	6 980 000
Total Equity	3 224 000	3 845 000	3 188 000	2 624 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 826 000	20 038 000	18 621 000	15 988 000
Expenditure	19 268 000	18 948 000	18 089 000	15 637 000
Operating Profit	−441 000	1 089 000	532 000	350 000
Financial Income	5 000	13 000	73 000	13 000
Financial Costs	184 000	147 000	171 000	143 000
Financial Balance	−179 000	−134 000	−98 000	−130 000
Earnings Before Tax	−621 000	955 000	435 000	220 000
Tax	0	297 000	171 000	103 000
Net Income	−621 000	657 000	263 000	117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	902 000	1 026 000	1 116 000	1 251 000
Total Current Assets	8 155 000	7 729 000	6 715 000	5 729 000
Total Assets	9 057 000	8 755 000	7 831 000	6 980 000
Total Retained Equity	2 424 000	3 045 000	2 388 000	2 124 000
Total Equity	3 224 000	3 845 000	3 188 000	2 624 000
Total Long-Term Debt	1 695 000	2 100 000	2 390 000	1 949 000
Total Current Debt	4 138 000	2 811 000	2 254 000	2 406 000
Total Equity and Debt	9 057 000	8 755 000	7 831 000	6 980 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 826 000	19 533 000	18 621 000	15 988 000
Other Income	0	505 000	0	0
Revenue	18 826 000	20 038 000	18 621 000	15 988 000
Cost of Goods Sold	12 332 000	13 322 000	13 204 000	10 633 000
Salary Costs	4 331 000	3 816 000	3 281 000	3 518 000
Depreciation	134 000	130 000	135 000	134 000
Impairment	0	0	0	0
Expenditure	19 268 000	18 948 000	18 089 000	15 637 000
Operating Profit	−441 000	1 089 000	532 000	350 000
Financial Income	5 000	13 000	73 000	13 000
Financial Costs	184 000	147 000	171 000	143 000
Financial Balance	−179 000	−134 000	−98 000	−130 000
Dividends	0	0	0	0
Net Income	−621 000	657 000	263 000	117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	818 000	916 000	1 014 000	1 112 000
Machinery and Plant Facilities	33 000	0	0	0
Fixtures	30 000	88 000	102 000	139 000
Total Tangible Assets	881 000	1 004 000	1 116 000	1 251 000
Total Fiancial Fixed Assets	21 000	21 000	0	0
Total Fixed Assets	902 000	1 026 000	1 116 000	1 251 000
Stock	5 535 000	5 457 000	4 934 000	4 377 000
Total Investments	0	0	0	0
Cash, Bank	445 000	642 000	334 000	223 000
Total Current Assets	8 155 000	7 729 000	6 715 000	5 729 000
Total Assets	9 057 000	8 755 000	7 831 000	6 980 000
Total Equity	3 224 000	3 845 000	3 188 000	2 624 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 695 000	2 100 000	2 390 000	1 949 000
Creditors	2 496 000	1 113 000	1 119 000	1 242 000
Unpaid Taxes	552 000	640 000	453 000	589 000
Dividends	0	0	0	0
Other Current Debt	1 090 000	758 000	510 000	471 000
Total Current Debt	4 138 000	2 811 000	2 254 000	2 406 000
Total Equity and Debt	9 057 000	8 755 000	7 831 000	6 980 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,26 %	17,09 %	8,25 %	4,46 %
Debt-to-Equity Ratio	0,53	0,55	0,75	0,74
Operating Profit Margin	−2,34 %	5,43 %	2,86 %	2,19 %
Current Ratio	1,97	2,75	2,98	2,38
Quick Ratio	−5,84	−2,92	−2,51	−2,91
Equity Ratio	0,36	0,44	0,41	0,38
Gross Profit Margin	34,49 %	33,52 %	29,09 %	33,49 %