HØLLEN VEST AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

1,8 %

Current Ratio

1,23

Debt-to-Equity Ratio

9,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 938 000	1 700 000	1 911 000	1 761 000
Net Income	14 000	246 000	25 000	93 000
Total Assets	9 142 000	9 047 000	9 281 000	10 199 000
Total Equity	779 000	765 000	519 000	494 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 938 000	1 700 000	1 911 000	1 761 000
Expenditure	1 574 000	1 127 000	1 550 000	1 266 000
Operating Profit	363 000	573 000	361 000	495 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	346 000	259 000	331 000	378 000
Financial Balance	−345 000	−258 000	−329 000	−376 000
Earnings Before Tax	18 000	315 000	32 000	119 000
Tax	4 000	69 000	7 000	26 000
Net Income	14 000	246 000	25 000	93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 392 000	8 671 000	9 004 000	9 327 000
Total Current Assets	749 000	376 000	277 000	873 000
Total Assets	9 142 000	9 047 000	9 281 000	10 199 000
Total Retained Equity	384 000	369 000	124 000	99 000
Total Equity	779 000	765 000	519 000	494 000
Total Long-Term Debt	7 755 000	7 762 000	8 327 000	8 976 000
Total Current Debt	608 000	520 000	435 000	729 000
Total Equity and Debt	9 142 000	9 047 000	9 281 000	10 199 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	595 000	483 000	609 000	515 000
Other Income	1 342 000	1 216 000	1 302 000	1 246 000
Revenue	1 938 000	1 700 000	1 911 000	1 761 000
Cost of Goods Sold	1 055 000	559 000	738 000	758 000
Salary Costs	88 000	91 000	98 000	0
Depreciation	278 000	333 000	323 000	265 000
Impairment	0	0	0	0
Expenditure	1 574 000	1 127 000	1 550 000	1 266 000
Operating Profit	363 000	573 000	361 000	495 000
Financial Income	1 000	1 000	2 000	2 000
Financial Costs	346 000	259 000	331 000	378 000
Financial Balance	−345 000	−258 000	−329 000	−376 000
Dividends	0	0	0	0
Net Income	14 000	246 000	25 000	93 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 392 000	8 671 000	8 962 000	9 253 000
Machinery and Plant Facilities	0	0	22 000	40 000
Fixtures	0	0	20 000	34 000
Total Tangible Assets	8 392 000	8 671 000	9 004 000	9 327 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 392 000	8 671 000	9 004 000	9 327 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	415 000	172 000	35 000	0
Total Current Assets	749 000	376 000	277 000	873 000
Total Assets	9 142 000	9 047 000	9 281 000	10 199 000
Total Equity	779 000	765 000	519 000	494 000
Short-Term Group Debt	500 000	0	0	0
Total Long-Term Debt	7 755 000	7 762 000	8 327 000	8 976 000
Creditors	49 000	41 000	89 000	573 000
Unpaid Taxes	5 000	10 000	15 000	0
Dividends	0	0	0	0
Other Current Debt	42 000	384 000	316 000	28 000
Total Current Debt	608 000	520 000	435 000	729 000
Total Equity and Debt	9 142 000	9 047 000	9 281 000	10 199 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,8 %	32,16 %	4,82 %	18,83 %
Debt-to-Equity Ratio	9,96	10,15	16,04	18,17
Operating Profit Margin	18,73 %	33,71 %	18,89 %	28,11 %
Current Ratio	1,23	0,72	0,64	1,2
Quick Ratio	1,23	0,72	0,64	1,2
Equity Ratio	0,09	0,08	0,06	0,05
Gross Profit Margin	45,56 %	67,12 %	61,38 %	56,96 %