H. CLAUSEN AS

1914 YTRE ENEBAKK

Finances

Share Ownership

Return on Equity

−62,61 %

Current Ratio

1,84

Debt-to-Equity Ratio

6,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	46 750 000	59 703 000	49 224 000	51 900 000
Net Income	−705 000	1 523 000	−247 000	−938 000
Total Assets	15 562 000	17 789 000	19 333 000	20 114 000
Total Equity	1 126 000	1 832 000	309 000	556 000

Income (NOK)	2022	2021	2020	2019
Revenue	46 750 000	59 703 000	49 224 000	51 900 000
Expenditure	47 328 000	57 534 000	49 260 000	52 761 000
Operating Profit	−578 000	2 169 000	−35 000	−862 000
Financial Income	32 000	18 000	27 000	26 000
Financial Costs	359 000	234 000	308 000	365 000
Financial Balance	−327 000	−216 000	−281 000	−339 000
Earnings Before Tax	−905 000	1 953 000	−317 000	−1 201 000
Tax	0	430 000	−70 000	−263 000
Net Income	−705 000	1 523 000	−247 000	−938 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 689 000	2 124 000	2 819 000	2 760 000
Total Current Assets	12 873 000	15 665 000	16 513 000	17 354 000
Total Assets	15 562 000	17 789 000	19 333 000	20 114 000
Total Retained Equity	−1 824 000	−1 118 000	−2 641 000	−2 394 000
Total Equity	1 126 000	1 832 000	309 000	556 000
Total Long-Term Debt	7 445 000	6 026 000	9 238 000	10 296 000
Total Current Debt	6 991 000	9 930 000	9 786 000	9 262 000
Total Equity and Debt	15 562 000	17 789 000	19 333 000	20 114 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	46 374 000	58 837 000	48 849 000	51 606 000
Other Income	376 000	866 000	375 000	294 000
Revenue	46 750 000	59 703 000	49 224 000	51 900 000
Cost of Goods Sold	33 377 000	42 209 000	33 452 000	35 601 000
Salary Costs	7 205 000	8 563 000	8 715 000	9 469 000
Depreciation	172 000	130 000	168 000	67 000
Impairment	0	0	0	0
Expenditure	47 328 000	57 534 000	49 260 000	52 761 000
Operating Profit	−578 000	2 169 000	−35 000	−862 000
Financial Income	32 000	18 000	27 000	26 000
Financial Costs	359 000	234 000	308 000	365 000
Financial Balance	−327 000	−216 000	−281 000	−339 000
Dividends	0	0	0	0
Net Income	−705 000	1 523 000	−247 000	−938 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 755 000	1 556 000	1 986 000	1 916 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	886 000	520 000	650 000	838 000
Total Tangible Assets	886 000	520 000	650 000	838 000
Total Fiancial Fixed Assets	48 000	48 000	184 000	7 000
Total Fixed Assets	2 689 000	2 124 000	2 819 000	2 760 000
Stock	9 054 000	7 801 000	11 014 000	11 859 000
Total Investments	0	0	0	0
Cash, Bank	282 000	362 000	317 000	369 000
Total Current Assets	12 873 000	15 665 000	16 513 000	17 354 000
Total Assets	15 562 000	17 789 000	19 333 000	20 114 000
Total Equity	1 126 000	1 832 000	309 000	556 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 445 000	6 026 000	9 238 000	10 296 000
Creditors	2 211 000	4 403 000	3 910 000	3 701 000
Unpaid Taxes	1 515 000	2 371 000	2 265 000	2 383 000
Dividends	0	0	0	0
Other Current Debt	3 265 000	938 000	1 383 000	1 014 000
Total Current Debt	6 991 000	9 930 000	9 786 000	9 262 000
Total Equity and Debt	15 562 000	17 789 000	19 333 000	20 114 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−62,61 %	83,13 %	−79,94 %	−168,71 %
Debt-to-Equity Ratio	6,61	3,29	29,9	18,52
Operating Profit Margin	−1,24 %	3,63 %	−0,07 %	−1,66 %
Current Ratio	1,84	1,58	1,69	1,87
Quick Ratio	−6,24	7,36	−13,45	−6,68
Equity Ratio	0,07	0,1	0,02	0,03
Gross Profit Margin	28,61 %	29,3 %	32,04 %	31,4 %