HONDA MOTOR EUROPE LTD NORGE NORSK AVDELING AV UTENLANDSK FORETAK

3015 DRAMMEN

Finances

Share Ownership

Return on Equity

0,8 %

Current Ratio

6,02

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2023	2022	2021	2020
Revenue	97 095 000	142 402 000	177 629 000	161 312 000
Net Income	594 000	525 000	1 710 000	−8 124 000
Total Assets	94 486 000	111 877 000	119 287 000	106 982 000
Total Equity	74 109 000	73 515 000	72 990 000	71 281 000

Income (NOK)	2023	2022	2021	2020
Revenue	97 095 000	142 402 000	177 629 000	161 312 000
Expenditure	96 072 000	140 916 000	175 812 000	160 590 000
Operating Profit	1 023 000	1 485 000	1 817 000	722 000
Financial Income	84 000	448 000	646 000	174 000
Financial Costs	513 000	1 409 000	753 000	1 692 000
Financial Balance	−429 000	−961 000	−107 000	−1 518 000
Earnings Before Tax	594 000	525 000	1 710 000	−796 000
Tax	0	0	0	7 328 000
Net Income	594 000	525 000	1 710 000	−8 124 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	1 225 000	1 888 000	1 397 000	1 953 000
Total Current Assets	93 261 000	109 989 000	117 890 000	105 029 000
Total Assets	94 486 000	111 877 000	119 287 000	106 982 000
Total Retained Equity	−24 335 000	−24 929 000	−25 454 000	−27 164 000
Total Equity	74 109 000	73 515 000	72 990 000	71 281 000
Total Long-Term Debt	4 891 000	4 072 000	2 834 000	0
Total Current Debt	15 486 000	34 290 000	43 463 000	35 701 000
Total Equity and Debt	94 486 000	111 877 000	119 287 000	106 982 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	97 095 000	142 402 000	177 629 000	161 312 000
Other Income	0	0	0	0
Revenue	97 095 000	142 402 000	177 629 000	161 312 000
Cost of Goods Sold	79 445 000	120 145 000	151 248 000	133 993 000
Salary Costs	2 765 000	3 194 000	4 322 000	4 904 000
Depreciation	335 000	415 000	559 000	573 000
Impairment	0	0	0	0
Expenditure	96 072 000	140 916 000	175 812 000	160 590 000
Operating Profit	1 023 000	1 485 000	1 817 000	722 000
Financial Income	84 000	448 000	646 000	174 000
Financial Costs	513 000	1 409 000	753 000	1 692 000
Financial Balance	−429 000	−961 000	−107 000	−1 518 000
Dividends	0	0	0	0
Net Income	594 000	525 000	1 710 000	−8 124 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 225 000	1 888 000	1 397 000	1 953 000
Fixtures	0	0	0	0
Total Tangible Assets	1 225 000	1 888 000	1 397 000	1 953 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 225 000	1 888 000	1 397 000	1 953 000
Stock	691 000	1 295 000	3 597 000	2 568 000
Total Investments	0	0	0	0
Cash, Bank	4 416 000	5 181 000	3 286 000	2 987 000
Total Current Assets	93 261 000	109 989 000	117 890 000	105 029 000
Total Assets	94 486 000	111 877 000	119 287 000	106 982 000
Total Equity	74 109 000	73 515 000	72 990 000	71 281 000
Short-Term Group Debt	8 598 000	21 447 000	26 185 000	22 894 000
Total Long-Term Debt	4 891 000	4 072 000	2 834 000	0
Creditors	800 000	548 000	889 000	1 112 000
Unpaid Taxes	1 992 000	4 702 000	5 344 000	2 275 000
Dividends	0	0	0	0
Other Current Debt	4 096 000	7 593 000	11 045 000	9 419 000
Total Current Debt	15 486 000	34 290 000	43 463 000	35 701 000
Total Equity and Debt	94 486 000	111 877 000	119 287 000	106 982 000

Financial indicators	2023	2022	2021	2020
Return on Equity	0,8 %	0,71 %	2,34 %	−11,4 %
Debt-to-Equity Ratio	0,07	0,06	0,04	0
Operating Profit Margin	1,05 %	1,04 %	1,02 %	0,45 %
Current Ratio	6,02	3,21	2,71	2,94
Quick Ratio	6,3	3,33	2,96	3,17
Equity Ratio	0,78	0,66	0,61	0,67
Gross Profit Margin	18,18 %	15,63 %	14,85 %	16,94 %