J. E. HALVORSEN AS

1462 FJELLHAMAR

Finances

Share Ownership

Return on Equity

105,63 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 326 000	944 000	2 376 000	3 058 000
Net Income	488 000	267 000	80 000	460 000
Total Assets	1 139 000	987 000	1 282 000	1 647 000
Total Equity	462 000	374 000	541 000	761 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 326 000	944 000	2 376 000	3 058 000
Expenditure	698 000	598 000	2 271 000	2 462 000
Operating Profit	629 000	347 000	105 000	596 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	0	2 000	0
Financial Balance	−1 000	0	−2 000	1 000
Earnings Before Tax	628 000	347 000	103 000	596 000
Tax	140 000	81 000	23 000	137 000
Net Income	488 000	267 000	80 000	460 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	377 000	156 000	654 000	757 000
Total Current Assets	761 000	832 000	629 000	890 000
Total Assets	1 139 000	987 000	1 282 000	1 647 000
Total Retained Equity	362 000	274 000	441 000	661 000
Total Equity	462 000	374 000	541 000	761 000
Total Long-Term Debt	33 000	94 000	65 000	66 000
Total Current Debt	644 000	519 000	676 000	820 000
Total Equity and Debt	1 139 000	987 000	1 282 000	1 647 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 326 000	810 000	2 376 000	3 058 000
Other Income	0	134 000	0	0
Revenue	1 326 000	944 000	2 376 000	3 058 000
Cost of Goods Sold	304 000	134 000	302 000	248 000
Salary Costs	3 000	48 000	1 311 000	1 444 000
Depreciation	48 000	31 000	104 000	104 000
Impairment	0	0	0	0
Expenditure	698 000	598 000	2 271 000	2 462 000
Operating Profit	629 000	347 000	105 000	596 000
Financial Income	0	0	0	1 000
Financial Costs	1 000	0	2 000	0
Financial Balance	−1 000	0	−2 000	1 000
Dividends	400 000	300 000	300 000	350 000
Net Income	488 000	267 000	80 000	460 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	70 000	70 000	70 000	70 000
Machinery and Plant Facilities	0	0	105 000	0
Fixtures	0	0	478 000	687 000
Total Tangible Assets	377 000	156 000	654 000	757 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	377 000	156 000	654 000	757 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	76 000	432 000	148 000	316 000
Total Current Assets	761 000	832 000	629 000	890 000
Total Assets	1 139 000	987 000	1 282 000	1 647 000
Total Equity	462 000	374 000	541 000	761 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 000	94 000	65 000	66 000
Creditors	0	12 000	127 000	0
Unpaid Taxes	1 000	21 000	128 000	170 000
Dividends	400 000	300 000	300 000	350 000
Other Current Debt	108 000	105 000	98 000	170 000
Total Current Debt	644 000	519 000	676 000	820 000
Total Equity and Debt	1 139 000	987 000	1 282 000	1 647 000

Financial indicators	2022	2021	2020	2019
Return on Equity	105,63 %	71,39 %	14,79 %	60,45 %
Debt-to-Equity Ratio	0,07	0,25	0,12	0,09
Operating Profit Margin	47,44 %	36,76 %	4,42 %	19,49 %
Current Ratio	1,18	1,6	0,93	1,09
Quick Ratio	1,18	1,6	0,93	1,09
Equity Ratio	0,41	0,38	0,42	0,46
Gross Profit Margin	77,07 %	85,81 %	87,29 %	91,89 %