HØNEFOSS BIL AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

25,93 %

Current Ratio

2,26

Debt-to-Equity Ratio

0,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	76 759 000	81 198 000	78 720 000	68 257 000
Net Income	1 115 000	890 000	1 314 000	136 000
Total Assets	14 987 000	13 078 000	10 550 000	13 180 000
Total Equity	4 300 000	3 185 000	3 295 000	1 982 000

Income (NOK)	2022	2021	2020	2019
Revenue	76 759 000	81 198 000	78 720 000	68 257 000
Expenditure	74 931 000	79 692 000	76 611 000	67 620 000
Operating Profit	1 828 000	1 506 000	2 109 000	637 000
Financial Income	6 000	6 000	6 000	1 000
Financial Costs	404 000	371 000	428 000	464 000
Financial Balance	−398 000	−365 000	−422 000	−463 000
Earnings Before Tax	1 430 000	1 141 000	1 686 000	175 000
Tax	315 000	251 000	373 000	39 000
Net Income	1 115 000	890 000	1 314 000	136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	487 000	417 000	604 000	720 000
Total Current Assets	14 501 000	12 661 000	9 947 000	12 461 000
Total Assets	14 987 000	13 078 000	10 550 000	13 180 000
Total Retained Equity	3 925 000	2 810 000	2 920 000	1 607 000
Total Equity	4 300 000	3 185 000	3 295 000	1 982 000
Total Long-Term Debt	4 272 000	3 056 000	3 166 000	5 535 000
Total Current Debt	6 415 000	6 836 000	4 089 000	5 664 000
Total Equity and Debt	14 987 000	13 078 000	10 550 000	13 180 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	76 216 000	80 302 000	78 007 000	67 694 000
Other Income	542 000	896 000	713 000	563 000
Revenue	76 759 000	81 198 000	78 720 000	68 257 000
Cost of Goods Sold	63 878 000	68 228 000	65 734 000	56 276 000
Salary Costs	5 941 000	6 406 000	5 715 000	5 856 000
Depreciation	134 000	190 000	225 000	218 000
Impairment	0	0	0	0
Expenditure	74 931 000	79 692 000	76 611 000	67 620 000
Operating Profit	1 828 000	1 506 000	2 109 000	637 000
Financial Income	6 000	6 000	6 000	1 000
Financial Costs	404 000	371 000	428 000	464 000
Financial Balance	−398 000	−365 000	−422 000	−463 000
Dividends	0	1 000 000	0	0
Net Income	1 115 000	890 000	1 314 000	136 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	193 000	194 000	192 000	168 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	294 000	223 000	412 000	552 000
Total Tangible Assets	294 000	223 000	412 000	552 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	487 000	417 000	604 000	720 000
Stock	11 981 000	11 528 000	8 854 000	11 707 000
Total Investments	0	0	0	0
Cash, Bank	223 000	228 000	216 000	215 000
Total Current Assets	14 501 000	12 661 000	9 947 000	12 461 000
Total Assets	14 987 000	13 078 000	10 550 000	13 180 000
Total Equity	4 300 000	3 185 000	3 295 000	1 982 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 272 000	3 056 000	3 166 000	5 535 000
Creditors	2 872 000	1 663 000	992 000	955 000
Unpaid Taxes	964 000	812 000	732 000	489 000
Dividends	0	1 000 000	0	0
Other Current Debt	755 000	1 769 000	653 000	690 000
Total Current Debt	6 415 000	6 836 000	4 089 000	5 664 000
Total Equity and Debt	14 987 000	13 078 000	10 550 000	13 180 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,93 %	27,94 %	39,88 %	6,86 %
Debt-to-Equity Ratio	0,99	0,96	0,96	2,79
Operating Profit Margin	2,38 %	1,85 %	2,68 %	0,93 %
Current Ratio	2,26	1,85	2,43	2,2
Quick Ratio	−2,61	−2,7	−2,09	−2,06
Equity Ratio	0,29	0,24	0,31	0,15
Gross Profit Margin	16,78 %	15,97 %	16,5 %	17,55 %