GUNNAR HOGNERUD AS

3577 HOVET

Finances

Share Ownership

Return on Equity

27,38 %

Current Ratio

3,06

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 991 000	8 845 000	7 831 000	7 405 000
Net Income	1 081 000	336 000	868 000	419 000
Total Assets	5 789 000	4 395 000	3 966 000	3 068 000
Total Equity	3 948 000	2 868 000	2 531 000	1 663 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 991 000	8 845 000	7 831 000	7 405 000
Expenditure	7 614 000	8 427 000	6 861 000	6 990 000
Operating Profit	1 377 000	418 000	969 000	415 000
Financial Income	26 000	25 000	26 000	23 000
Financial Costs	17 000	12 000	14 000	19 000
Financial Balance	9 000	13 000	12 000	4 000
Earnings Before Tax	1 386 000	431 000	982 000	419 000
Tax	305 000	95 000	113 000	0
Net Income	1 081 000	336 000	868 000	419 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 972 000	1 414 000	1 368 000	943 000
Total Current Assets	3 818 000	2 981 000	2 598 000	2 125 000
Total Assets	5 789 000	4 395 000	3 966 000	3 068 000
Total Retained Equity	3 848 000	2 768 000	2 431 000	1 563 000
Total Equity	3 948 000	2 868 000	2 531 000	1 663 000
Total Long-Term Debt	595 000	616 000	676 000	772 000
Total Current Debt	1 246 000	912 000	759 000	633 000
Total Equity and Debt	5 789 000	4 395 000	3 966 000	3 068 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 874 000	8 842 000	7 443 000	7 419 000
Other Income	117 000	3 000	388 000	−13 000
Revenue	8 991 000	8 845 000	7 831 000	7 405 000
Cost of Goods Sold	2 669 000	4 150 000	2 271 000	2 309 000
Salary Costs	1 935 000	1 658 000	1 676 000	1 672 000
Depreciation	298 000	259 000	176 000	160 000
Impairment	0	0	0	0
Expenditure	7 614 000	8 427 000	6 861 000	6 990 000
Operating Profit	1 377 000	418 000	969 000	415 000
Financial Income	26 000	25 000	26 000	23 000
Financial Costs	17 000	12 000	14 000	19 000
Financial Balance	9 000	13 000	12 000	4 000
Dividends	0	0	0	0
Net Income	1 081 000	336 000	868 000	419 000

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	1 303 000	1 164 000	1 065 000	713 000
Total Tangible Assets	1 303 000	1 164 000	1 065 000	713 000
Total Fiancial Fixed Assets	669 000	251 000	303 000	230 000
Total Fixed Assets	1 972 000	1 414 000	1 368 000	943 000
Stock	208 000	99 000	46 000	5 000
Total Investments	0	0	0	0
Cash, Bank	2 274 000	2 197 000	1 934 000	341 000
Total Current Assets	3 818 000	2 981 000	2 598 000	2 125 000
Total Assets	5 789 000	4 395 000	3 966 000	3 068 000
Total Equity	3 948 000	2 868 000	2 531 000	1 663 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	595 000	616 000	676 000	772 000
Creditors	291 000	415 000	70 000	107 000
Unpaid Taxes	494 000	226 000	416 000	378 000
Dividends	0	0	0	0
Other Current Debt	168 000	166 000	238 000	148 000
Total Current Debt	1 246 000	912 000	759 000	633 000
Total Equity and Debt	5 789 000	4 395 000	3 966 000	3 068 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,38 %	11,72 %	34,29 %	25,2 %
Debt-to-Equity Ratio	0,15	0,21	0,27	0,46
Operating Profit Margin	15,32 %	4,73 %	12,37 %	5,6 %
Current Ratio	3,06	3,27	3,42	3,36
Quick Ratio	3,68	3,67	3,64	3,38
Equity Ratio	0,68	0,65	0,64	0,54
Gross Profit Margin	70,31 %	53,08 %	71 %	68,82 %