HVALFANGEREN AS

8300 SVOLVÆR

Finances

Share Ownership

Return on Equity

8,63 %

Current Ratio

4,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 127 000	83 692 000	0	27 000
Net Income	791 000	11 369 000	−103 000	−243 000
Total Assets	12 020 000	19 834 000	76 273 000	42 021 000
Total Equity	9 170 000	10 929 000	4 560 000	4 579 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 127 000	83 692 000	0	27 000
Expenditure	5 102 000	69 116 000	127 000	93 000
Operating Profit	1 024 000	14 576 000	−127 000	−66 000
Financial Income	2 000	0	0	1 000
Financial Costs	12 000	1 000	0	255 000
Financial Balance	−10 000	−1 000	0	−254 000
Earnings Before Tax	1 014 000	14 575 000	−127 000	−320 000
Tax	223 000	3 207 000	−24 000	−76 000
Net Income	791 000	11 369 000	−103 000	−243 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	2 010 000	2 010 000
Total Current Assets	12 020 000	19 834 000	74 263 000	40 011 000
Total Assets	12 020 000	19 834 000	76 273 000	42 021 000
Total Retained Equity	0	1 077 000	−5 292 000	−5 189 000
Total Equity	9 170 000	10 929 000	4 560 000	4 579 000
Total Long-Term Debt	0	0	42 000	42 000
Total Current Debt	2 850 000	8 905 000	71 672 000	37 400 000
Total Equity and Debt	12 020 000	19 834 000	76 273 000	42 021 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 127 000	83 692 000	0	0
Other Income	0	0	0	27 000
Revenue	6 127 000	83 692 000	0	27 000
Cost of Goods Sold	4 965 000	68 771 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	5 102 000	69 116 000	127 000	93 000
Operating Profit	1 024 000	14 576 000	−127 000	−66 000
Financial Income	2 000	0	0	1 000
Financial Costs	12 000	1 000	0	255 000
Financial Balance	−10 000	−1 000	0	−254 000
Dividends	2 550 000	5 000 000	0	0
Net Income	791 000	11 369 000	−103 000	−243 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	100 000	100 000
Real Eastate	0	0	1 910 000	1 910 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	1 910 000	1 910 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	2 010 000	2 010 000
Stock	8 973 000	14 896 000	73 981 000	39 267 000
Total Investments	0	0	0	0
Cash, Bank	493 000	4 015 000	159 000	398 000
Total Current Assets	12 020 000	19 834 000	74 263 000	40 011 000
Total Assets	12 020 000	19 834 000	76 273 000	42 021 000
Total Equity	9 170 000	10 929 000	4 560 000	4 579 000
Short-Term Group Debt	0	6 000	2 500 000	2 545 000
Total Long-Term Debt	0	0	42 000	42 000
Creditors	77 000	650 000	61 000	57 000
Unpaid Taxes	0	0	0	0
Dividends	2 550 000	5 000 000	0	0
Other Current Debt	0	0	0	0
Total Current Debt	2 850 000	8 905 000	71 672 000	37 400 000
Total Equity and Debt	12 020 000	19 834 000	76 273 000	42 021 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,63 %	104,03 %	−2,26 %	−5,31 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	16,71 %	17,42 %	-	−244,44 %
Current Ratio	4,22	2,23	1,04	1,07
Quick Ratio	−1,96	−3,31	−32,16	−21,43
Equity Ratio	0,76	0,55	0,06	0,11
Gross Profit Margin	18,97 %	17,83 %	-	100 %