HOTVEDT DRIFT AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

−253,19 %

Current Ratio

2,88

Debt-to-Equity Ratio

9,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	447 581 000	362 222 000	330 124 000	364 791 000
Net Income	−10 586 000	−297 000	−1 927 000	−5 353 000
Total Assets	61 357 000	49 287 000	52 290 000	58 711 000
Total Equity	4 181 000	4 180 000	4 620 000	1 073 000

Income (NOK)	2022	2021	2020	2019
Revenue	447 581 000	362 222 000	330 124 000	364 791 000
Expenditure	461 298 000	362 632 000	332 668 000	372 068 000
Operating Profit	−13 717 000	−410 000	−2 544 000	−7 277 000
Financial Income	160 000	45 000	74 000	422 000
Financial Costs	14 000	15 000	1 000	6 000
Financial Balance	146 000	30 000	73 000	416 000
Earnings Before Tax	−13 572 000	−381 000	−2 471 000	−6 861 000
Tax	−2 986 000	−84 000	−544 000	−1 508 000
Net Income	−10 586 000	−297 000	−1 927 000	−5 353 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 910 000	10 738 000	16 842 000	23 924 000
Total Current Assets	53 447 000	38 549 000	35 448 000	34 787 000
Total Assets	61 357 000	49 287 000	52 290 000	58 711 000
Total Retained Equity	0	0	0	0
Total Equity	4 181 000	4 180 000	4 620 000	1 073 000
Total Long-Term Debt	38 639 000	30 018 000	35 482 000	43 551 000
Total Current Debt	18 537 000	15 089 000	12 188 000	14 086 000
Total Equity and Debt	61 357 000	49 287 000	52 290 000	58 711 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	445 166 000	359 722 000	327 846 000	362 418 000
Other Income	2 415 000	2 500 000	2 278 000	2 374 000
Revenue	447 581 000	362 222 000	330 124 000	364 791 000
Cost of Goods Sold	372 307 000	286 726 000	262 931 000	297 186 000
Salary Costs	33 477 000	28 616 000	26 724 000	30 535 000
Depreciation	6 689 000	6 668 000	6 853 000	6 762 000
Impairment	0	0	0	0
Expenditure	461 298 000	362 632 000	332 668 000	372 068 000
Operating Profit	−13 717 000	−410 000	−2 544 000	−7 277 000
Financial Income	160 000	45 000	74 000	422 000
Financial Costs	14 000	15 000	1 000	6 000
Financial Balance	146 000	30 000	73 000	416 000
Dividends	0	0	0	0
Net Income	−10 586 000	−297 000	−1 927 000	−5 353 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	400 000	400 000	276 000	148 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 050 000	9 878 000	16 106 000	23 316 000
Total Tangible Assets	7 050 000	9 878 000	16 106 000	23 316 000
Total Fiancial Fixed Assets	460 000	460 000	460 000	460 000
Total Fixed Assets	7 910 000	10 738 000	16 842 000	23 924 000
Stock	13 900 000	13 081 000	11 850 000	12 326 000
Total Investments	0	0	0	0
Cash, Bank	15 734 000	16 966 000	13 291 000	11 615 000
Total Current Assets	53 447 000	38 549 000	35 448 000	34 787 000
Total Assets	61 357 000	49 287 000	52 290 000	58 711 000
Total Equity	4 181 000	4 180 000	4 620 000	1 073 000
Short-Term Group Debt	0	184 000	0	0
Total Long-Term Debt	38 639 000	30 018 000	35 482 000	43 551 000
Creditors	10 108 000	6 651 000	4 950 000	6 836 000
Unpaid Taxes	2 593 000	2 766 000	2 671 000	2 386 000
Dividends	0	0	0	0
Other Current Debt	5 835 000	5 487 000	4 567 000	4 864 000
Total Current Debt	18 537 000	15 089 000	12 188 000	14 086 000
Total Equity and Debt	61 357 000	49 287 000	52 290 000	58 711 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−253,19 %	−7,11 %	−41,71 %	−498,88 %
Debt-to-Equity Ratio	9,24	7,18	7,68	40,59
Operating Profit Margin	−3,06 %	−0,11 %	−0,77 %	−1,99 %
Current Ratio	2,88	2,55	2,91	2,47
Quick Ratio	11,53	19,2	104,88	19,77
Equity Ratio	0,07	0,08	0,09	0,02
Gross Profit Margin	16,82 %	20,84 %	20,35 %	18,53 %