HG HANDEL AS

6060 HAREID

Finances

Share Ownership

Return on Equity

39,44 %

Current Ratio

1,63

Debt-to-Equity Ratio

0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	484 013 000	519 526 000	557 800 000	484 933 000
Net Income	15 887 000	21 388 000	29 034 000	13 438 000
Total Assets	154 643 000	160 660 000	189 445 000	138 996 000
Total Equity	40 277 000	40 194 000	40 000 000	25 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	484 013 000	519 526 000	557 800 000	484 933 000
Expenditure	462 960 000	491 141 000	519 355 000	466 592 000
Operating Profit	21 053 000	28 385 000	38 444 000	18 340 000
Financial Income	1 161 000	352 000	294 000	906 000
Financial Costs	1 847 000	1 315 000	1 513 000	2 018 000
Financial Balance	−686 000	−963 000	−1 219 000	−1 112 000
Earnings Before Tax	20 367 000	27 422 000	37 225 000	17 228 000
Tax	4 481 000	6 034 000	8 190 000	3 791 000
Net Income	15 887 000	21 388 000	29 034 000	13 438 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	27 299 000	24 973 000	19 558 000	21 109 000
Total Current Assets	127 344 000	135 687 000	169 887 000	117 888 000
Total Assets	154 643 000	160 660 000	189 445 000	138 996 000
Total Retained Equity	16 039 000	15 957 000	15 763 000	15 055 000
Total Equity	40 277 000	40 194 000	40 000 000	25 000 000
Total Long-Term Debt	36 310 000	35 302 000	36 970 000	45 099 000
Total Current Debt	78 056 000	85 165 000	112 476 000	68 897 000
Total Equity and Debt	154 643 000	160 660 000	189 445 000	138 996 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	484 013 000	519 526 000	557 800 000	484 933 000
Other Income	0	0	0	0
Revenue	484 013 000	519 526 000	557 800 000	484 933 000
Cost of Goods Sold	385 249 000	409 593 000	435 616 000	381 967 000
Salary Costs	50 692 000	52 249 000	55 368 000	55 166 000
Depreciation	4 118 000	3 721 000	2 983 000	3 109 000
Impairment	0	0	0	0
Expenditure	462 960 000	491 141 000	519 355 000	466 592 000
Operating Profit	21 053 000	28 385 000	38 444 000	18 340 000
Financial Income	1 161 000	352 000	294 000	906 000
Financial Costs	1 847 000	1 315 000	1 513 000	2 018 000
Financial Balance	−686 000	−963 000	−1 219 000	−1 112 000
Dividends	5 500 000	0	0	0
Net Income	15 887 000	21 388 000	29 034 000	13 438 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	250 000	1 250 000	2 250 000
Total Intangible Assets	382 000	916 000	1 972 000	3 173 000
Real Eastate	13 139 000	14 061 000	12 046 000	12 382 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 728 000	8 946 000	4 540 000	4 554 000
Total Tangible Assets	26 867 000	23 008 000	16 587 000	16 936 000
Total Fiancial Fixed Assets	50 000	1 050 000	1 000 000	1 000 000
Total Fixed Assets	27 299 000	24 973 000	19 558 000	21 109 000
Stock	53 265 000	55 933 000	60 548 000	60 175 000
Total Investments	0	0	0	0
Cash, Bank	60 517 000	61 727 000	75 035 000	36 313 000
Total Current Assets	127 344 000	135 687 000	169 887 000	117 888 000
Total Assets	154 643 000	160 660 000	189 445 000	138 996 000
Total Equity	40 277 000	40 194 000	40 000 000	25 000 000
Short-Term Group Debt	13 210 000	27 172 000	36 316 000	18 662 000
Total Long-Term Debt	36 310 000	35 302 000	36 970 000	45 099 000
Creditors	29 461 000	27 555 000	38 354 000	24 293 000
Unpaid Taxes	9 194 000	8 543 000	11 733 000	8 124 000
Dividends	5 500 000	0	0	0
Other Current Debt	19 401 000	21 894 000	26 072 000	17 818 000
Total Current Debt	78 056 000	85 165 000	112 476 000	68 897 000
Total Equity and Debt	154 643 000	160 660 000	189 445 000	138 996 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,44 %	53,21 %	72,59 %	53,75 %
Debt-to-Equity Ratio	0,9	0,88	0,92	1,8
Operating Profit Margin	4,35 %	5,46 %	6,89 %	3,78 %
Current Ratio	1,63	1,59	1,51	1,71
Quick Ratio	5,14	4,64	3,27	13,52
Equity Ratio	0,26	0,25	0,21	0,18
Gross Profit Margin	20,41 %	21,16 %	21,9 %	21,23 %