HULTAFORS GROUP NORGE AS

1081 OSLO

Finances

Share Ownership

Return on Equity

67,85 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	369 659 000	322 398 000	270 283 000	240 840 000
Net Income	20 092 000	17 098 000	8 913 000	7 298 000
Total Assets	129 292 000	109 604 000	82 483 000	69 681 000
Total Equity	29 612 000	24 519 000	16 421 000	14 508 000

Income (NOK)	2022	2021	2020	2019
Revenue	369 659 000	322 398 000	270 283 000	240 840 000
Expenditure	344 121 000	300 576 000	258 957 000	231 555 000
Operating Profit	25 538 000	21 821 000	11 326 000	9 284 000
Financial Income	256 000	129 000	130 000	109 000
Financial Costs	23 000	25 000	22 000	22 000
Financial Balance	233 000	104 000	108 000	87 000
Earnings Before Tax	25 771 000	21 926 000	11 434 000	9 371 000
Tax	5 679 000	4 828 000	2 521 000	2 073 000
Net Income	20 092 000	17 098 000	8 913 000	7 298 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	88 000	86 000	106 000	155 000
Total Current Assets	129 204 000	109 518 000	82 377 000	69 525 000
Total Assets	129 292 000	109 604 000	82 483 000	69 681 000
Total Retained Equity	29 401 000	24 309 000	16 211 000	14 298 000
Total Equity	29 612 000	24 519 000	16 421 000	14 508 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	99 680 000	85 085 000	66 062 000	55 172 000
Total Equity and Debt	129 292 000	109 604 000	82 483 000	69 681 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	368 461 000	320 746 000	268 625 000	239 191 000
Other Income	1 197 000	1 652 000	1 659 000	1 649 000
Revenue	369 659 000	322 398 000	270 283 000	240 840 000
Cost of Goods Sold	283 418 000	246 363 000	210 309 000	184 410 000
Salary Costs	23 909 000	22 596 000	19 650 000	19 255 000
Depreciation	10 000	18 000	93 000	102 000
Impairment	0	0	0	0
Expenditure	344 121 000	300 576 000	258 957 000	231 555 000
Operating Profit	25 538 000	21 821 000	11 326 000	9 284 000
Financial Income	256 000	129 000	130 000	109 000
Financial Costs	23 000	25 000	22 000	22 000
Financial Balance	233 000	104 000	108 000	87 000
Dividends	15 000 000	9 000 000	7 000 000	7 000 000
Net Income	20 092 000	17 098 000	8 913 000	7 298 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	61 000	49 000	51 000	42 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	27 000	37 000	55 000	113 000
Total Tangible Assets	27 000	37 000	55 000	113 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	88 000	86 000	106 000	155 000
Stock	1 122 000	829 000	1 308 000	536 000
Total Investments	0	0	0	0
Cash, Bank	27 585 000	15 156 000	8 929 000	12 689 000
Total Current Assets	129 204 000	109 518 000	82 377 000	69 525 000
Total Assets	129 292 000	109 604 000	82 483 000	69 681 000
Total Equity	29 612 000	24 519 000	16 421 000	14 508 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	46 848 000	42 229 000	34 074 000	29 087 000
Unpaid Taxes	16 080 000	15 017 000	11 185 000	9 226 000
Dividends	15 000 000	9 000 000	7 000 000	7 000 000
Other Current Debt	16 062 000	14 012 000	11 273 000	7 782 000
Total Current Debt	99 680 000	85 085 000	66 062 000	55 172 000
Total Equity and Debt	129 292 000	109 604 000	82 483 000	69 681 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,85 %	69,73 %	54,28 %	50,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,91 %	6,77 %	4,19 %	3,85 %
Current Ratio	1,3	1,29	1,25	1,26
Quick Ratio	1,31	1,3	1,27	1,27
Equity Ratio	0,23	0,22	0,2	0,21
Gross Profit Margin	23,33 %	23,58 %	22,19 %	23,43 %