HOLMESTRAND FJELLSPRENGING AS

3092 SUNDBYFOSS

Finances

Share Ownership

Return on Equity

11,48 %

Current Ratio

1,08

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 857 000	12 937 000	13 822 000	8 084 000
Net Income	217 000	367 000	1 232 000	272 000
Total Assets	3 885 000	3 871 000	4 183 000	2 813 000
Total Equity	1 891 000	1 674 000	1 307 000	1 075 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 857 000	12 937 000	13 822 000	8 084 000
Expenditure	9 543 000	12 432 000	12 214 000	7 744 000
Operating Profit	314 000	505 000	1 609 000	341 000
Financial Income	0	0	1 000	0
Financial Costs	33 000	32 000	39 000	45 000
Financial Balance	−33 000	−32 000	−38 000	−45 000
Earnings Before Tax	281 000	473 000	1 571 000	296 000
Tax	64 000	105 000	339 000	24 000
Net Income	217 000	367 000	1 232 000	272 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 203 000	2 161 000	2 039 000	1 903 000
Total Current Assets	1 682 000	1 711 000	2 144 000	911 000
Total Assets	3 885 000	3 871 000	4 183 000	2 813 000
Total Retained Equity	1 791 000	1 574 000	1 207 000	975 000
Total Equity	1 891 000	1 674 000	1 307 000	1 075 000
Total Long-Term Debt	431 000	506 000	581 000	646 000
Total Current Debt	1 563 000	1 691 000	2 295 000	1 092 000
Total Equity and Debt	3 885 000	3 871 000	4 183 000	2 813 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 842 000	12 937 000	13 822 000	8 084 000
Other Income	15 000	0	0	0
Revenue	9 857 000	12 937 000	13 822 000	8 084 000
Cost of Goods Sold	2 960 000	4 897 000	5 099 000	3 170 000
Salary Costs	2 877 000	3 796 000	3 605 000	2 225 000
Depreciation	528 000	359 000	292 000	248 000
Impairment	0	0	0	0
Expenditure	9 543 000	12 432 000	12 214 000	7 744 000
Operating Profit	314 000	505 000	1 609 000	341 000
Financial Income	0	0	1 000	0
Financial Costs	33 000	32 000	39 000	45 000
Financial Balance	−33 000	−32 000	−38 000	−45 000
Dividends	0	0	1 000 000	0
Net Income	217 000	367 000	1 232 000	272 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	57 000	13 000	7 000	0
Real Eastate	924 000	941 000	958 000	975 000
Machinery and Plant Facilities	886 000	809 000	815 000	672 000
Fixtures	337 000	398 000	248 000	212 000
Total Tangible Assets	2 147 000	2 147 000	2 021 000	1 858 000
Total Fiancial Fixed Assets	0	0	11 000	44 000
Total Fixed Assets	2 203 000	2 161 000	2 039 000	1 903 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	535 000	969 000	1 071 000	268 000
Total Current Assets	1 682 000	1 711 000	2 144 000	911 000
Total Assets	3 885 000	3 871 000	4 183 000	2 813 000
Total Equity	1 891 000	1 674 000	1 307 000	1 075 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	431 000	506 000	581 000	646 000
Creditors	270 000	462 000	286 000	295 000
Unpaid Taxes	298 000	261 000	299 000	169 000
Dividends	0	0	1 000 000	0
Other Current Debt	887 000	856 000	364 000	605 000
Total Current Debt	1 563 000	1 691 000	2 295 000	1 092 000
Total Equity and Debt	3 885 000	3 871 000	4 183 000	2 813 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,48 %	21,92 %	94,26 %	25,3 %
Debt-to-Equity Ratio	0,23	0,3	0,44	0,6
Operating Profit Margin	3,19 %	3,9 %	11,64 %	4,22 %
Current Ratio	1,08	1,01	0,93	0,83
Quick Ratio	1,08	1,01	0,93	0,83
Equity Ratio	0,49	0,43	0,31	0,38
Gross Profit Margin	69,97 %	62,15 %	63,11 %	60,79 %