HVALSMOEN AS

3514 HØNEFOSS

Finances

Share Ownership

Return on Equity

152,76 %

Current Ratio

0,57

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 381 000	5 745 000	5 735 000	22 022 000
Net Income	15 070 000	1 010 000	870 000	12 540 000
Total Assets	35 035 000	25 207 000	30 062 000	30 226 000
Total Equity	9 865 000	10 894 000	11 925 000	12 839 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 381 000	5 745 000	5 735 000	22 022 000
Expenditure	8 141 000	4 450 000	4 019 000	6 591 000
Operating Profit	19 241 000	1 294 000	1 716 000	15 430 000
Financial Income	80 000	1 000	3 000	29 000
Financial Costs	0	0	604 000	268 000
Financial Balance	80 000	1 000	−601 000	−239 000
Earnings Before Tax	19 321 000	1 295 000	1 115 000	15 191 000
Tax	4 251 000	285 000	245 000	2 652 000
Net Income	15 070 000	1 010 000	870 000	12 540 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 302 000	24 402 000	26 503 000	28 652 000
Total Current Assets	12 732 000	805 000	3 560 000	1 574 000
Total Assets	35 035 000	25 207 000	30 062 000	30 226 000
Total Retained Equity	−6 143 000	−5 114 000	−4 083 000	−3 169 000
Total Equity	9 865 000	10 894 000	11 925 000	12 839 000
Total Long-Term Debt	2 946 000	11 166 000	15 379 000	644 000
Total Current Debt	22 223 000	3 147 000	2 758 000	16 742 000
Total Equity and Debt	35 035 000	25 207 000	30 062 000	30 226 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	890 000	584 000	963 000	7 735 000
Other Income	26 492 000	5 161 000	4 772 000	14 287 000
Revenue	27 381 000	5 745 000	5 735 000	22 022 000
Cost of Goods Sold	15 000	0	6 000	10 000
Salary Costs	978 000	832 000	955 000	1 123 000
Depreciation	2 390 000	2 392 000	2 407 000	2 575 000
Impairment	0	0	0	0
Expenditure	8 141 000	4 450 000	4 019 000	6 591 000
Operating Profit	19 241 000	1 294 000	1 716 000	15 430 000
Financial Income	80 000	1 000	3 000	29 000
Financial Costs	0	0	604 000	268 000
Financial Balance	80 000	1 000	−601 000	−239 000
Dividends	0	0	0	0
Net Income	15 070 000	1 010 000	870 000	12 540 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 749 000	1 459 000	1 168 000	910 000
Real Eastate	19 738 000	21 914 000	24 091 000	26 283 000
Machinery and Plant Facilities	815 000	1 029 000	1 244 000	1 458 000
Fixtures	0	0	0	0
Total Tangible Assets	20 553 000	22 943 000	25 334 000	27 741 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 302 000	24 402 000	26 503 000	28 652 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	12 053 000	378 000	2 675 000	696 000
Total Current Assets	12 732 000	805 000	3 560 000	1 574 000
Total Assets	35 035 000	25 207 000	30 062 000	30 226 000
Total Equity	9 865 000	10 894 000	11 925 000	12 839 000
Short-Term Group Debt	20 617 000	2 618 000	2 288 000	16 194 000
Total Long-Term Debt	2 946 000	11 166 000	15 379 000	644 000
Creditors	954 000	288 000	57 000	6 000
Unpaid Taxes	261 000	52 000	152 000	101 000
Dividends	0	0	0	0
Other Current Debt	390 000	189 000	261 000	441 000
Total Current Debt	22 223 000	3 147 000	2 758 000	16 742 000
Total Equity and Debt	35 035 000	25 207 000	30 062 000	30 226 000

Financial indicators	2022	2021	2020	2019
Return on Equity	152,76 %	9,27 %	7,3 %	97,67 %
Debt-to-Equity Ratio	0,3	1,02	1,29	0,05
Operating Profit Margin	70,27 %	22,52 %	29,92 %	70,07 %
Current Ratio	0,57	0,26	1,29	0,09
Quick Ratio	0,57	0,26	1,29	0,09
Equity Ratio	0,28	0,43	0,4	0,42
Gross Profit Margin	99,95 %	100 %	99,9 %	99,95 %