HENDRIK VEDER GROUP NORWAY AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

27,49 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	91 936 000	59 442 000	44 840 000	57 741 000
Net Income	3 825 000	−1 142 000	921 000	1 494 000
Total Assets	36 336 000	28 513 000	19 401 000	22 418 000
Total Equity	13 916 000	10 090 000	11 232 000	10 311 000

Income (NOK)	2022	2021	2020	2019
Revenue	91 936 000	59 442 000	44 840 000	57 741 000
Expenditure	87 207 000	60 277 000	43 141 000	54 996 000
Operating Profit	4 729 000	−835 000	1 698 000	2 744 000
Financial Income	739 000	390 000	752 000	126 000
Financial Costs	1 643 000	697 000	1 259 000	934 000
Financial Balance	−904 000	−307 000	−507 000	−808 000
Earnings Before Tax	3 825 000	−1 142 000	1 192 000	1 936 000
Tax	0	0	271 000	442 000
Net Income	3 825 000	−1 142 000	921 000	1 494 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 957 000	9 185 000	8 175 000	8 224 000
Total Current Assets	27 378 000	19 328 000	11 226 000	14 193 000
Total Assets	36 336 000	28 513 000	19 401 000	22 418 000
Total Retained Equity	−28 109 000	−31 934 000	−30 792 000	−31 713 000
Total Equity	13 916 000	10 090 000	11 232 000	10 311 000
Total Long-Term Debt	139 000	462 000	774 000	1 049 000
Total Current Debt	22 281 000	17 961 000	7 395 000	11 058 000
Total Equity and Debt	36 336 000	28 513 000	19 401 000	22 418 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	91 268 000	58 733 000	44 140 000	57 417 000
Other Income	668 000	709 000	700 000	324 000
Revenue	91 936 000	59 442 000	44 840 000	57 741 000
Cost of Goods Sold	59 848 000	38 307 000	27 611 000	39 025 000
Salary Costs	14 950 000	11 931 000	8 122 000	9 169 000
Depreciation	604 000	465 000	370 000	250 000
Impairment	0	0	0	0
Expenditure	87 207 000	60 277 000	43 141 000	54 996 000
Operating Profit	4 729 000	−835 000	1 698 000	2 744 000
Financial Income	739 000	390 000	752 000	126 000
Financial Costs	1 643 000	697 000	1 259 000	934 000
Financial Balance	−904 000	−307 000	−507 000	−808 000
Dividends	0	0	0	0
Net Income	3 825 000	−1 142 000	921 000	1 494 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 201 000	5 201 000	5 201 000	5 472 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 905 000	2 047 000	2 189 000	2 331 000
Fixtures	1 852 000	1 938 000	786 000	422 000
Total Tangible Assets	3 757 000	3 985 000	2 974 000	2 753 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 957 000	9 185 000	8 175 000	8 224 000
Stock	11 654 000	9 234 000	6 906 000	5 729 000
Total Investments	0	0	0	0
Cash, Bank	575 000	461 000	186 000	1 756 000
Total Current Assets	27 378 000	19 328 000	11 226 000	14 193 000
Total Assets	36 336 000	28 513 000	19 401 000	22 418 000
Total Equity	13 916 000	10 090 000	11 232 000	10 311 000
Short-Term Group Debt	8 075 000	2 568 000	1 678 000	0
Total Long-Term Debt	139 000	462 000	774 000	1 049 000
Creditors	3 621 000	5 228 000	273 000	2 212 000
Unpaid Taxes	2 303 000	1 435 000	659 000	770 000
Dividends	0	0	0	0
Other Current Debt	2 517 000	3 265 000	1 095 000	1 686 000
Total Current Debt	22 281 000	17 961 000	7 395 000	11 058 000
Total Equity and Debt	36 336 000	28 513 000	19 401 000	22 418 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,49 %	−11,32 %	8,2 %	14,49 %
Debt-to-Equity Ratio	0,01	0,05	0,07	0,1
Operating Profit Margin	5,14 %	−1,4 %	3,79 %	4,75 %
Current Ratio	1,23	1,08	1,52	1,28
Quick Ratio	2,58	2,21	22,96	2,66
Equity Ratio	0,38	0,35	0,58	0,46
Gross Profit Margin	34,9 %	35,56 %	38,42 %	32,41 %