H & K SANDNES AS

3261 LARVIK

Finances

Return on Equity

14,36 %

Current Ratio

2,55

Debt-to-Equity Ratio

0,76

Key figures (NOK)	2022	2021	2020	2019
Revenue	136 733 000	139 720 000	126 425 000	111 730 000
Net Income	5 969 000	11 423 000	9 766 000	6 466 000
Total Assets	91 317 000	92 448 000	78 336 000	58 157 000
Total Equity	41 561 000	35 592 000	27 358 000	24 592 000

Income (NOK)	2022	2021	2020	2019
Revenue	136 733 000	139 720 000	126 425 000	111 730 000
Expenditure	130 089 000	124 619 000	113 751 000	102 993 000
Operating Profit	6 644 000	15 101 000	12 674 000	8 738 000
Financial Income	1 453 000	39 000	252 000	6 000
Financial Costs	837 000	488 000	435 000	455 000
Financial Balance	616 000	−449 000	−183 000	−449 000
Earnings Before Tax	7 260 000	14 652 000	12 490 000	8 289 000
Tax	1 291 000	3 228 000	2 725 000	1 823 000
Net Income	5 969 000	11 423 000	9 766 000	6 466 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 347 000	36 222 000	26 615 000	20 898 000
Total Current Assets	45 970 000	56 225 000	51 721 000	37 259 000
Total Assets	91 317 000	92 448 000	78 336 000	58 157 000
Total Retained Equity	38 585 000	32 616 000	24 382 000	21 616 000
Total Equity	41 561 000	35 592 000	27 358 000	24 592 000
Total Long-Term Debt	31 741 000	25 385 000	22 267 000	16 993 000
Total Current Debt	18 015 000	31 471 000	28 711 000	16 571 000
Total Equity and Debt	91 317 000	92 448 000	78 336 000	58 157 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	135 497 000	138 257 000	126 087 000	107 958 000
Other Income	1 236 000	1 463 000	338 000	3 772 000
Revenue	136 733 000	139 720 000	126 425 000	111 730 000
Cost of Goods Sold	59 111 000	63 607 000	54 612 000	44 260 000
Salary Costs	37 326 000	33 146 000	31 062 000	28 808 000
Depreciation	4 420 000	3 519 000	3 095 000	1 728 000
Impairment	0	0	0	0
Expenditure	130 089 000	124 619 000	113 751 000	102 993 000
Operating Profit	6 644 000	15 101 000	12 674 000	8 738 000
Financial Income	1 453 000	39 000	252 000	6 000
Financial Costs	837 000	488 000	435 000	455 000
Financial Balance	616 000	−449 000	−183 000	−449 000
Dividends	0	6 000 000	7 000 000	4 000 000
Net Income	5 969 000	11 423 000	9 766 000	6 466 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	164 000	180 000	173 000	182 000
Machinery and Plant Facilities	3 110 000	3 065 000	2 782 000	0
Fixtures	40 864 000	31 480 000	21 390 000	18 083 000
Total Tangible Assets	44 138 000	34 725 000	24 345 000	18 265 000
Total Fiancial Fixed Assets	1 209 000	1 498 000	2 271 000	2 633 000
Total Fixed Assets	45 347 000	36 222 000	26 615 000	20 898 000
Stock	0	640 000	0	0
Total Investments	0	0	0	0
Cash, Bank	10 610 000	11 954 000	11 578 000	2 775 000
Total Current Assets	45 970 000	56 225 000	51 721 000	37 259 000
Total Assets	91 317 000	92 448 000	78 336 000	58 157 000
Total Equity	41 561 000	35 592 000	27 358 000	24 592 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 741 000	25 385 000	22 267 000	16 993 000
Creditors	7 942 000	11 296 000	12 359 000	5 126 000
Unpaid Taxes	5 739 000	7 016 000	5 185 000	3 496 000
Dividends	0	6 000 000	7 000 000	4 000 000
Other Current Debt	4 334 000	10 086 000	3 060 000	7 950 000
Total Current Debt	18 015 000	31 471 000	28 711 000	16 571 000
Total Equity and Debt	91 317 000	92 448 000	78 336 000	58 157 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,36 %	32,09 %	35,7 %	26,29 %
Debt-to-Equity Ratio	0,76	0,71	0,81	0,69
Operating Profit Margin	4,86 %	10,81 %	10,02 %	7,82 %
Current Ratio	2,55	1,79	1,8	2,25
Quick Ratio	2,55	1,82	1,8	2,25
Equity Ratio	0,46	0,38	0,35	0,42
Gross Profit Margin	56,77 %	54,48 %	56,8 %	60,39 %