HVAL SJOKOLADEFABRIKK ASA

3241 SANDEFJORD

Finances

Share Ownership

Return on Equity

16,09 %

Current Ratio

2,19

Debt-to-Equity Ratio

0,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 374 000	61 238 000	52 635 000	34 707 000
Net Income	3 737 000	7 004 000	3 523 000	−962 000
Total Assets	43 495 000	45 895 000	46 138 000	39 322 000
Total Equity	23 221 000	22 184 000	20 580 000	18 676 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 374 000	61 238 000	52 635 000	34 707 000
Expenditure	44 309 000	53 928 000	48 600 000	34 981 000
Operating Profit	4 065 000	7 309 000	4 034 000	−274 000
Financial Income	478 000	235 000	275 000	52 000
Financial Costs	807 000	540 000	786 000	740 000
Financial Balance	−329 000	−305 000	−511 000	−688 000
Earnings Before Tax	3 737 000	7 004 000	3 523 000	−962 000
Tax	0	0	0	0
Net Income	3 737 000	7 004 000	3 523 000	−962 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 112 000	20 509 000	22 481 000	24 954 000
Total Current Assets	24 384 000	25 385 000	23 656 000	14 368 000
Total Assets	43 495 000	45 895 000	46 138 000	39 322 000
Total Retained Equity	1 381 000	344 000	−1 260 000	−3 164 000
Total Equity	23 221 000	22 184 000	20 580 000	18 676 000
Total Long-Term Debt	9 120 000	10 800 000	12 480 000	14 160 000
Total Current Debt	11 154 000	12 910 000	13 078 000	6 486 000
Total Equity and Debt	43 495 000	45 895 000	46 138 000	39 322 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 374 000	61 238 000	52 635 000	42 529 000
Other Income	0	0	0	0
Revenue	48 374 000	61 238 000	52 635 000	34 707 000
Cost of Goods Sold	26 206 000	36 480 000	31 372 000	19 072 000
Salary Costs	8 645 000	8 858 000	8 584 000	7 429 000
Depreciation	2 292 000	2 366 000	2 491 000	2 573 000
Impairment	0	0	0	0
Expenditure	44 309 000	53 928 000	48 600 000	34 981 000
Operating Profit	4 065 000	7 309 000	4 034 000	−274 000
Financial Income	478 000	235 000	275 000	52 000
Financial Costs	807 000	540 000	786 000	740 000
Financial Balance	−329 000	−305 000	−511 000	−688 000
Dividends	2 700 000	5 400 000	1 620 000	0
Net Income	3 737 000	7 004 000	3 523 000	−962 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	8 000	22 000	35 000
Real Eastate	9 798 000	10 232 000	10 666 000	11 101 000
Machinery and Plant Facilities	9 259 000	10 192 000	11 695 000	13 719 000
Fixtures	9 000	31 000	53 000	54 000
Total Tangible Assets	19 066 000	20 455 000	22 414 000	24 873 000
Total Fiancial Fixed Assets	46 000	46 000	46 000	46 000
Total Fixed Assets	19 112 000	20 509 000	22 481 000	24 954 000
Stock	6 272 000	5 337 000	9 256 000	7 336 000
Total Investments	0	0	0	0
Cash, Bank	15 864 000	17 791 000	10 559 000	4 452 000
Total Current Assets	24 384 000	25 385 000	23 656 000	14 368 000
Total Assets	43 495 000	45 895 000	46 138 000	39 322 000
Total Equity	23 221 000	22 184 000	20 580 000	18 676 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 120 000	10 800 000	12 480 000	14 160 000
Creditors	5 898 000	5 044 000	8 420 000	4 530 000
Unpaid Taxes	1 490 000	1 360 000	2 019 000	870 000
Dividends	2 700 000	5 400 000	1 620 000	0
Other Current Debt	3 766 000	6 506 000	2 639 000	1 086 000
Total Current Debt	11 154 000	12 910 000	13 078 000	6 486 000
Total Equity and Debt	43 495 000	45 895 000	46 138 000	39 322 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,09 %	31,57 %	17,12 %	−5,15 %
Debt-to-Equity Ratio	0,39	0,49	0,61	0,76
Operating Profit Margin	8,4 %	11,94 %	7,66 %	−0,79 %
Current Ratio	2,19	1,97	1,81	2,22
Quick Ratio	4,99	3,35	6,19	−16,9
Equity Ratio	0,53	0,48	0,45	0,47
Gross Profit Margin	45,83 %	40,43 %	40,4 %	45,05 %