ØVRE HOEN GRUSTAK AS

3302 HOKKSUND

Finances

Share Ownership

Return on Equity

22,44 %

Current Ratio

2,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 871 000	5 824 000	6 594 000	5 541 000
Net Income	1 203 000	1 066 000	548 000	566 000
Total Assets	7 650 000	6 220 000	4 796 000	5 860 000
Total Equity	5 361 000	4 158 000	3 091 000	4 543 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 871 000	5 824 000	6 594 000	5 541 000
Expenditure	5 373 000	4 473 000	5 923 000	4 913 000
Operating Profit	1 498 000	1 351 000	671 000	628 000
Financial Income	45 000	15 000	32 000	117 000
Financial Costs	0	0	0	25 000
Financial Balance	45 000	15 000	32 000	92 000
Earnings Before Tax	1 543 000	1 367 000	703 000	720 000
Tax	339 000	301 000	155 000	153 000
Net Income	1 203 000	1 066 000	548 000	566 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 665 000	901 000	1 050 000	173 000
Total Current Assets	4 984 000	5 320 000	3 746 000	5 688 000
Total Assets	7 650 000	6 220 000	4 796 000	5 860 000
Total Retained Equity	5 261 000	4 058 000	2 991 000	4 443 000
Total Equity	5 361 000	4 158 000	3 091 000	4 543 000
Total Long-Term Debt	0	5 000	29 000	33 000
Total Current Debt	2 289 000	2 058 000	1 676 000	1 284 000
Total Equity and Debt	7 650 000	6 220 000	4 796 000	5 860 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 871 000	5 824 000	6 594 000	5 504 000
Other Income	0	0	0	37 000
Revenue	6 871 000	5 824 000	6 594 000	5 541 000
Cost of Goods Sold	3 734 000	2 810 000	4 474 000	3 600 000
Salary Costs	288 000	287 000	280 000	266 000
Depreciation	261 000	260 000	175 000	67 000
Impairment	0	0	0	0
Expenditure	5 373 000	4 473 000	5 923 000	4 913 000
Operating Profit	1 498 000	1 351 000	671 000	628 000
Financial Income	45 000	15 000	32 000	117 000
Financial Costs	0	0	0	25 000
Financial Balance	45 000	15 000	32 000	92 000
Dividends	0	0	2 000 000	300 000
Net Income	1 203 000	1 066 000	548 000	566 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	0	0	0
Real Eastate	41 000	47 000	54 000	69 000
Machinery and Plant Facilities	562 000	794 000	915 000	0
Fixtures	37 000	59 000	81 000	104 000
Total Tangible Assets	639 000	901 000	1 050 000	173 000
Total Fiancial Fixed Assets	2 000 000	0	0	0
Total Fixed Assets	2 665 000	901 000	1 050 000	173 000
Stock	0	0	0	990 000
Total Investments	0	0	0	0
Cash, Bank	3 929 000	4 252 000	1 856 000	2 928 000
Total Current Assets	4 984 000	5 320 000	3 746 000	5 688 000
Total Assets	7 650 000	6 220 000	4 796 000	5 860 000
Total Equity	5 361 000	4 158 000	3 091 000	4 543 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	29 000	33 000
Creditors	1 862 000	1 675 000	1 458 000	743 000
Unpaid Taxes	22 000	22 000	22 000	26 000
Dividends	0	0	2 000 000	300 000
Other Current Debt	34 000	36 000	37 000	31 000
Total Current Debt	2 289 000	2 058 000	1 676 000	1 284 000
Total Equity and Debt	7 650 000	6 220 000	4 796 000	5 860 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,44 %	25,64 %	17,73 %	12,46 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	21,8 %	23,2 %	10,18 %	11,33 %
Current Ratio	2,18	2,59	2,24	4,43
Quick Ratio	2,18	2,59	2,24	19,35
Equity Ratio	0,7	0,67	0,64	0,78
Gross Profit Margin	45,66 %	51,75 %	32,15 %	35,03 %