HÅVARD ENGEBRETSEN AS

2390 MOELV

Finances

Return on Equity

47,46 %

Current Ratio

2,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 464 000	6 435 000	5 485 000	5 847 000
Net Income	1 540 000	1 408 000	1 263 000	1 396 000
Total Assets	5 217 000	4 516 000	4 933 000	4 774 000
Total Equity	3 245 000	3 705 000	4 297 000	4 034 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 464 000	6 435 000	5 485 000	5 847 000
Expenditure	4 540 000	4 635 000	3 870 000	4 068 000
Operating Profit	1 924 000	1 800 000	1 615 000	1 780 000
Financial Income	50 000	5 000	6 000	10 000
Financial Costs	0	0	1 000	0
Financial Balance	50 000	5 000	5 000	10 000
Earnings Before Tax	1 974 000	1 805 000	1 620 000	1 790 000
Tax	434 000	397 000	357 000	394 000
Net Income	1 540 000	1 408 000	1 263 000	1 396 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	134 000	128 000	144 000	207 000
Total Current Assets	5 083 000	4 388 000	4 789 000	4 568 000
Total Assets	5 217 000	4 516 000	4 933 000	4 774 000
Total Retained Equity	3 145 000	3 605 000	4 197 000	3 934 000
Total Equity	3 245 000	3 705 000	4 297 000	4 034 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 972 000	811 000	636 000	740 000
Total Equity and Debt	5 217 000	4 516 000	4 933 000	4 774 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 401 000	7 601 000	6 130 000	5 782 000
Other Income	63 000	−1 166 000	−644 000	64 000
Revenue	6 464 000	6 435 000	5 485 000	5 847 000
Cost of Goods Sold	1 062 000	1 008 000	728 000	810 000
Salary Costs	1 230 000	1 236 000	1 004 000	1 063 000
Depreciation	33 000	72 000	70 000	78 000
Impairment	0	0	0	0
Expenditure	4 540 000	4 635 000	3 870 000	4 068 000
Operating Profit	1 924 000	1 800 000	1 615 000	1 780 000
Financial Income	50 000	5 000	6 000	10 000
Financial Costs	0	0	1 000	0
Financial Balance	50 000	5 000	5 000	10 000
Dividends	1 000 000	0	0	0
Net Income	1 540 000	1 408 000	1 263 000	1 396 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	16 000	8 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	75 000	98 000	169 000
Total Tangible Assets	42 000	75 000	98 000	169 000
Total Fiancial Fixed Assets	76 000	38 000	38 000	38 000
Total Fixed Assets	134 000	128 000	144 000	207 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 977 000	4 262 000	4 696 000	4 430 000
Total Current Assets	5 083 000	4 388 000	4 789 000	4 568 000
Total Assets	5 217 000	4 516 000	4 933 000	4 774 000
Total Equity	3 245 000	3 705 000	4 297 000	4 034 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	189 000	158 000	79 000	166 000
Unpaid Taxes	107 000	106 000	80 000	61 000
Dividends	1 000 000	0	0	0
Other Current Debt	241 000	142 000	112 000	110 000
Total Current Debt	1 972 000	811 000	636 000	740 000
Total Equity and Debt	5 217 000	4 516 000	4 933 000	4 774 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,46 %	38 %	29,39 %	34,61 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,76 %	27,97 %	29,44 %	30,44 %
Current Ratio	2,58	5,41	7,53	6,17
Quick Ratio	2,58	5,41	7,53	6,17
Equity Ratio	0,62	0,82	0,87	0,84
Gross Profit Margin	83,57 %	84,34 %	86,73 %	86,15 %