HOWDEN NORWAY AS

0167 OSLO

Finances

Return on Equity

−66,91 %

Current Ratio

1,63

Debt-to-Equity Ratio

35,67

Key figures (NOK)	2022	2021	2020	2019
Revenue	102 058 000	92 356 000	89 019 000	45 911 000
Net Income	−1 933 000	8 706 000	5 394 000	−8 548 000
Total Assets	129 595 000	129 072 000	107 397 000	114 581 000
Total Equity	2 889 000	12 907 000	18 968 000	32 553 000

Income (NOK)	2022	2021	2020	2019
Revenue	102 058 000	92 356 000	89 019 000	45 911 000
Expenditure	97 164 000	77 033 000	77 685 000	55 335 000
Operating Profit	4 895 000	15 323 000	11 334 000	−9 425 000
Financial Income	442 000	489 000	669 000	390 000
Financial Costs	6 000 000	2 945 000	3 542 000	1 849 000
Financial Balance	−5 558 000	−2 456 000	−2 873 000	−1 459 000
Earnings Before Tax	−664 000	12 867 000	8 460 000	−10 884 000
Tax	1 269 000	4 161 000	3 067 000	−2 336 000
Net Income	−1 933 000	8 706 000	5 394 000	−8 548 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	91 062 000	68 533 000	78 088 000	84 800 000
Total Current Assets	38 533 000	60 539 000	29 309 000	29 782 000
Total Assets	129 595 000	129 072 000	107 397 000	114 581 000
Total Retained Equity	2 389 000	12 407 000	18 468 000	32 053 000
Total Equity	2 889 000	12 907 000	18 968 000	32 553 000
Total Long-Term Debt	103 051 000	98 096 000	72 015 000	73 014 000
Total Current Debt	23 655 000	18 068 000	16 414 000	9 014 000
Total Equity and Debt	129 595 000	129 072 000	107 397 000	114 581 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	102 058 000	92 356 000	89 019 000	45 911 000
Other Income	0	0	0	0
Revenue	102 058 000	92 356 000	89 019 000	45 911 000
Cost of Goods Sold	0	0	0	0
Salary Costs	61 966 000	52 501 000	50 509 000	38 122 000
Depreciation	14 629 000	10 018 000	10 233 000	4 950 000
Impairment	0	0	0	0
Expenditure	97 164 000	77 033 000	77 685 000	55 335 000
Operating Profit	4 895 000	15 323 000	11 334 000	−9 425 000
Financial Income	442 000	489 000	669 000	390 000
Financial Costs	6 000 000	2 945 000	3 542 000	1 849 000
Financial Balance	−5 558 000	−2 456 000	−2 873 000	−1 459 000
Dividends	0	0	0	0
Net Income	−1 933 000	8 706 000	5 394 000	−8 548 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	85 268 000	66 994 000	76 207 000	82 170 000
Total Intangible Assets	89 470 000	67 863 000	77 570 000	84 028 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 313 000	586 000	518 000	753 000
Total Tangible Assets	1 313 000	586 000	518 000	753 000
Total Fiancial Fixed Assets	279 000	84 000	0	19 000
Total Fixed Assets	91 062 000	68 533 000	78 088 000	84 800 000
Stock	0	0	0	0
Total Investments	0	10 653 000	12 020 000	15 000 000
Cash, Bank	21 453 000	35 629 000	8 135 000	6 596 000
Total Current Assets	38 533 000	60 539 000	29 309 000	29 782 000
Total Assets	129 595 000	129 072 000	107 397 000	114 581 000
Total Equity	2 889 000	12 907 000	18 968 000	32 553 000
Short-Term Group Debt	2 993 000	687 000	1 656 000	0
Total Long-Term Debt	103 051 000	98 096 000	72 015 000	73 014 000
Creditors	1 457 000	1 435 000	713 000	440 000
Unpaid Taxes	3 127 000	3 130 000	2 688 000	2 109 000
Dividends	0	0	0	0
Other Current Debt	9 537 000	6 806 000	5 586 000	4 356 000
Total Current Debt	23 655 000	18 068 000	16 414 000	9 014 000
Total Equity and Debt	129 595 000	129 072 000	107 397 000	114 581 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−66,91 %	67,45 %	28,44 %	−26,26 %
Debt-to-Equity Ratio	35,67	7,6	3,8	2,24
Operating Profit Margin	4,8 %	16,59 %	12,73 %	−20,53 %
Current Ratio	1,63	3,35	1,79	3,3
Quick Ratio	1,63	3,35	1,79	3,3
Equity Ratio	0,02	0,1	0,18	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %