HVALER BYGG ENTREPRENØR AS

1684 VESTERØY

Finances

Share Ownership

Return on Equity

604,85 %

Current Ratio

1,04

Debt-to-Equity Ratio

3,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 315 000	18 454 000	16 873 000	13 673 000
Net Income	623 000	1 259 000	1 501 000	880 000
Total Assets	3 387 000	4 893 000	5 435 000	4 095 000
Total Equity	103 000	597 000	573 000	571 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 315 000	18 454 000	16 873 000	13 673 000
Expenditure	13 504 000	16 837 000	14 941 000	12 538 000
Operating Profit	810 000	1 617 000	1 932 000	1 135 000
Financial Income	0	0	0	1 000
Financial Costs	11 000	3 000	7 000	7 000
Financial Balance	−11 000	−3 000	−7 000	−6 000
Earnings Before Tax	799 000	1 614 000	1 925 000	1 129 000
Tax	176 000	355 000	424 000	248 000
Net Income	623 000	1 259 000	1 501 000	880 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	326 000	14 000	0	8 000
Total Current Assets	3 061 000	4 879 000	5 435 000	4 087 000
Total Assets	3 387 000	4 893 000	5 435 000	4 095 000
Total Retained Equity	1 000	495 000	471 000	469 000
Total Equity	103 000	597 000	573 000	571 000
Total Long-Term Debt	334 000	1 000	0	0
Total Current Debt	2 950 000	4 295 000	4 863 000	3 524 000
Total Equity and Debt	3 387 000	4 893 000	5 435 000	4 095 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 315 000	18 450 000	16 865 000	13 552 000
Other Income	0	4 000	8 000	121 000
Revenue	14 315 000	18 454 000	16 873 000	13 673 000
Cost of Goods Sold	7 668 000	9 859 000	8 867 000	8 085 000
Salary Costs	4 544 000	5 614 000	4 876 000	3 393 000
Depreciation	51 000	2 000	8 000	25 000
Impairment	0	0	0	0
Expenditure	13 504 000	16 837 000	14 941 000	12 538 000
Operating Profit	810 000	1 617 000	1 932 000	1 135 000
Financial Income	0	0	0	1 000
Financial Costs	11 000	3 000	7 000	7 000
Financial Balance	−11 000	−3 000	−7 000	−6 000
Dividends	1 117 000	0	0	0
Net Income	623 000	1 259 000	1 501 000	880 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	290 000	0	0	0
Fixtures	36 000	14 000	0	8 000
Total Tangible Assets	326 000	14 000	0	8 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	326 000	14 000	0	8 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 706 000	1 069 000	2 378 000	2 230 000
Total Current Assets	3 061 000	4 879 000	5 435 000	4 087 000
Total Assets	3 387 000	4 893 000	5 435 000	4 095 000
Total Equity	103 000	597 000	573 000	571 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	334 000	1 000	0	0
Creditors	729 000	1 140 000	1 356 000	1 427 000
Unpaid Taxes	450 000	830 000	940 000	703 000
Dividends	1 117 000	0	0	0
Other Current Debt	487 000	1 985 000	2 148 000	1 148 000
Total Current Debt	2 950 000	4 295 000	4 863 000	3 524 000
Total Equity and Debt	3 387 000	4 893 000	5 435 000	4 095 000

Financial indicators	2022	2021	2020	2019
Return on Equity	604,85 %	210,89 %	261,95 %	154,12 %
Debt-to-Equity Ratio	3,24	0	0	0
Operating Profit Margin	5,66 %	8,76 %	11,45 %	8,3 %
Current Ratio	1,04	1,14	1,12	1,16
Quick Ratio	1,04	1,14	1,12	1,16
Equity Ratio	0,03	0,12	0,11	0,14
Gross Profit Margin	46,43 %	46,58 %	47,45 %	40,87 %