HOBERG & VESTRHEIM AS

5730 ULVIK

Finances

Return on Equity

83,89 %

Current Ratio

1,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 515 000	7 388 000	6 592 000	4 757 000
Net Income	750 000	1 327 000	980 000	263 000
Total Assets	4 018 000	3 615 000	2 946 000	1 672 000
Total Equity	894 000	644 000	317 000	237 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 515 000	7 388 000	6 592 000	4 757 000
Expenditure	6 554 000	5 687 000	5 335 000	4 397 000
Operating Profit	961 000	1 702 000	1 257 000	360 000
Financial Income	6 000	4 000	3 000	2 000
Financial Costs	5 000	2 000	3 000	20 000
Financial Balance	1 000	2 000	0	−18 000
Earnings Before Tax	962 000	1 704 000	1 257 000	342 000
Tax	212 000	377 000	277 000	80 000
Net Income	750 000	1 327 000	980 000	263 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	102 000	96 000	13 000	23 000
Total Current Assets	3 916 000	3 519 000	2 933 000	1 648 000
Total Assets	4 018 000	3 615 000	2 946 000	1 672 000
Total Retained Equity	794 000	544 000	217 000	137 000
Total Equity	894 000	644 000	317 000	237 000
Total Long-Term Debt	4 000	4 000	0	1 000
Total Current Debt	3 120 000	2 967 000	2 629 000	1 434 000
Total Equity and Debt	4 018 000	3 615 000	2 946 000	1 672 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 515 000	7 388 000	6 592 000	4 757 000
Other Income	0	0	0	0
Revenue	7 515 000	7 388 000	6 592 000	4 757 000
Cost of Goods Sold	1 703 000	1 754 000	1 740 000	1 643 000
Salary Costs	4 353 000	3 561 000	3 304 000	2 349 000
Depreciation	29 000	13 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	6 554 000	5 687 000	5 335 000	4 397 000
Operating Profit	961 000	1 702 000	1 257 000	360 000
Financial Income	6 000	4 000	3 000	2 000
Financial Costs	5 000	2 000	3 000	20 000
Financial Balance	1 000	2 000	0	−18 000
Dividends	500 000	1 000 000	900 000	0
Net Income	750 000	1 327 000	980 000	263 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	97 000	91 000	8 000	20 000
Total Tangible Assets	97 000	91 000	8 000	20 000
Total Fiancial Fixed Assets	5 000	5 000	4 000	3 000
Total Fixed Assets	102 000	96 000	13 000	23 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 073 000	212 000	1 703 000	748 000
Total Current Assets	3 916 000	3 519 000	2 933 000	1 648 000
Total Assets	4 018 000	3 615 000	2 946 000	1 672 000
Total Equity	894 000	644 000	317 000	237 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	4 000	0	1 000
Creditors	627 000	411 000	417 000	434 000
Unpaid Taxes	1 112 000	802 000	753 000	571 000
Dividends	500 000	1 000 000	900 000	0
Other Current Debt	669 000	381 000	280 000	347 000
Total Current Debt	3 120 000	2 967 000	2 629 000	1 434 000
Total Equity and Debt	4 018 000	3 615 000	2 946 000	1 672 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,89 %	206,06 %	309,15 %	110,97 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	12,79 %	23,04 %	19,07 %	7,57 %
Current Ratio	1,26	1,19	1,12	1,15
Quick Ratio	1,26	1,19	1,12	1,15
Equity Ratio	0,22	0,18	0,11	0,14
Gross Profit Margin	77,34 %	76,26 %	73,6 %	65,46 %