GUNNAR HØVIK AS

1712 GRÅLUM

Finances

Share Ownership

Return on Equity

−3,69 %

Current Ratio

2,56

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 186 000	87 560 000	81 234 000	62 159 000
Net Income	−510 000	−1 219 000	800 000	1 369 000
Total Assets	26 030 000	29 071 000	41 942 000	32 500 000
Total Equity	13 819 000	11 329 000	12 547 000	11 291 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 186 000	87 560 000	81 234 000	62 159 000
Expenditure	69 690 000	89 322 000	80 074 000	60 271 000
Operating Profit	−504 000	−1 763 000	1 160 000	1 889 000
Financial Income	13 000	277 000	1 000	−2 000
Financial Costs	154 000	74 000	134 000	130 000
Financial Balance	−141 000	203 000	−133 000	−132 000
Earnings Before Tax	−644 000	−1 560 000	1 027 000	1 757 000
Tax	−135 000	−341 000	227 000	388 000
Net Income	−510 000	−1 219 000	800 000	1 369 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	510 000	831 000	639 000	832 000
Total Current Assets	25 519 000	28 240 000	41 302 000	31 668 000
Total Assets	26 030 000	29 071 000	41 942 000	32 500 000
Total Retained Equity	3 826 000	4 336 000	9 555 000	8 755 000
Total Equity	13 819 000	11 329 000	12 547 000	11 291 000
Total Long-Term Debt	2 228 000	2 363 000	2 704 000	2 348 000
Total Current Debt	9 983 000	15 380 000	26 690 000	18 861 000
Total Equity and Debt	26 030 000	29 071 000	41 942 000	32 500 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 186 000	87 560 000	81 209 000	62 159 000
Other Income	0	0	26 000	0
Revenue	69 186 000	87 560 000	81 234 000	62 159 000
Cost of Goods Sold	53 632 000	70 898 000	63 758 000	44 830 000
Salary Costs	13 299 000	15 288 000	13 230 000	13 111 000
Depreciation	210 000	247 000	260 000	238 000
Impairment	0	0	0	0
Expenditure	69 690 000	89 322 000	80 074 000	60 271 000
Operating Profit	−504 000	−1 763 000	1 160 000	1 889 000
Financial Income	13 000	277 000	1 000	−2 000
Financial Costs	154 000	74 000	134 000	130 000
Financial Balance	−141 000	203 000	−133 000	−132 000
Dividends	0	0	0	0
Net Income	−510 000	−1 219 000	800 000	1 369 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	410 000	431 000	639 000	782 000
Total Tangible Assets	410 000	431 000	639 000	782 000
Total Fiancial Fixed Assets	100 000	400 000	0	50 000
Total Fixed Assets	510 000	831 000	639 000	832 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 975 000	2 898 000	9 678 000	4 273 000
Total Current Assets	25 519 000	28 240 000	41 302 000	31 668 000
Total Assets	26 030 000	29 071 000	41 942 000	32 500 000
Total Equity	13 819 000	11 329 000	12 547 000	11 291 000
Short-Term Group Debt	989 000	1 389 000	8 880 000	3 994 000
Total Long-Term Debt	2 228 000	2 363 000	2 704 000	2 348 000
Creditors	6 355 000	9 902 000	15 107 000	11 158 000
Unpaid Taxes	1 332 000	2 651 000	1 401 000	2 434 000
Dividends	0	0	0	0
Other Current Debt	1 307 000	1 437 000	1 302 000	1 274 000
Total Current Debt	9 983 000	15 380 000	26 690 000	18 861 000
Total Equity and Debt	26 030 000	29 071 000	41 942 000	32 500 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,69 %	−10,76 %	6,38 %	12,12 %
Debt-to-Equity Ratio	0,16	0,21	0,22	0,21
Operating Profit Margin	−0,73 %	−2,01 %	1,43 %	3,04 %
Current Ratio	2,56	1,84	1,55	1,68
Quick Ratio	2,56	1,84	1,55	1,68
Equity Ratio	0,53	0,39	0,3	0,35
Gross Profit Margin	22,48 %	19,03 %	21,51 %	27,88 %