HØLAND FLAGG OG SØM AS

1960 LØKEN

Finances

Share Ownership

Return on Equity

34,78 %

Current Ratio

3,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	696 000	551 000	460 000	435 000
Net Income	64 000	109 000	8 000	15 000
Total Assets	267 000	193 000	112 000	135 000
Total Equity	184 000	120 000	11 000	3 000

Income (NOK)	2022	2021	2020	2019
Revenue	696 000	551 000	460 000	435 000
Expenditure	631 000	435 000	446 000	412 000
Operating Profit	65 000	116 000	14 000	23 000
Financial Income	0	0	0	0
Financial Costs	1 000	6 000	6 000	8 000
Financial Balance	−1 000	−6 000	−6 000	−8 000
Earnings Before Tax	64 000	109 000	8 000	15 000
Tax	0	0	0	0
Net Income	64 000	109 000	8 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	267 000	193 000	112 000	135 000
Total Assets	267 000	193 000	112 000	135 000
Total Retained Equity	84 000	20 000	−89 000	−97 000
Total Equity	184 000	120 000	11 000	3 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	83 000	73 000	102 000	133 000
Total Equity and Debt	267 000	193 000	112 000	135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	695 000	535 000	460 000	435 000
Other Income	0	16 000	0	0
Revenue	696 000	551 000	460 000	435 000
Cost of Goods Sold	42 000	17 000	44 000	36 000
Salary Costs	321 000	215 000	200 000	182 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	631 000	435 000	446 000	412 000
Operating Profit	65 000	116 000	14 000	23 000
Financial Income	0	0	0	0
Financial Costs	1 000	6 000	6 000	8 000
Financial Balance	−1 000	−6 000	−6 000	−8 000
Dividends	0	0	0	0
Net Income	64 000	109 000	8 000	15 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	142 000	118 000	82 000	90 000
Total Investments	0	0	0	0
Cash, Bank	120 000	31 000	17 000	17 000
Total Current Assets	267 000	193 000	112 000	135 000
Total Assets	267 000	193 000	112 000	135 000
Total Equity	184 000	120 000	11 000	3 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	22 000	14 000	19 000	24 000
Unpaid Taxes	18 000	37 000	18 000	20 000
Dividends	0	0	0	0
Other Current Debt	43 000	23 000	20 000	18 000
Total Current Debt	83 000	73 000	102 000	133 000
Total Equity and Debt	267 000	193 000	112 000	135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,78 %	90,83 %	72,73 %	500 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,34 %	21,05 %	3,04 %	5,29 %
Current Ratio	3,22	2,64	1,1	1,02
Quick Ratio	−4,53	−4,29	5,6	3,14
Equity Ratio	0,69	0,62	0,1	0,02
Gross Profit Margin	93,97 %	96,91 %	90,43 %	91,72 %