HØNEFOSS VERKTØIFABRIK AS

3510 HØNEFOSS

Finances

Return on Equity

3,72 %

Current Ratio

14,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	397 000	394 000	54 019 000	390 000
Net Income	691 000	458 000	210 000	15 985 000
Total Assets	19 876 000	20 301 000	43 437 000	20 622 000
Total Equity	18 595 000	19 105 000	19 147 000	20 602 000

Income (NOK)	2022	2021	2020	2019
Revenue	397 000	394 000	54 019 000	390 000
Expenditure	634 000	256 000	51 841 000	215 000
Operating Profit	−237 000	139 000	702 000	175 000
Financial Income	928 000	519 000	371 000	15 818 000
Financial Costs	0	200 000	929 000	8 000
Financial Balance	928 000	319 000	−558 000	15 810 000
Earnings Before Tax	691 000	458 000	144 000	15 985 000
Tax	0	0	−66 000	0
Net Income	691 000	458 000	210 000	15 985 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	949 000	998 000	9 961 000	13 795 000
Total Current Assets	18 927 000	19 303 000	33 476 000	6 827 000
Total Assets	19 876 000	20 301 000	43 437 000	20 622 000
Total Retained Equity	17 158 000	17 668 000	17 710 000	19 165 000
Total Equity	18 595 000	19 105 000	19 147 000	20 602 000
Total Long-Term Debt	0	0	12 089 000	0
Total Current Debt	1 281 000	1 196 000	12 203 000	20 000
Total Equity and Debt	19 876 000	20 301 000	43 439 000	20 622 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	53 759 000	0
Other Income	397 000	394 000	260 000	390 000
Revenue	397 000	394 000	54 019 000	390 000
Cost of Goods Sold	0	0	25 537 000	0
Salary Costs	346 000	0	14 276 000	0
Depreciation	49 000	49 000	1 716 000	48 000
Impairment	0	0	0	0
Expenditure	634 000	256 000	51 841 000	215 000
Operating Profit	−237 000	139 000	702 000	175 000
Financial Income	928 000	519 000	371 000	15 818 000
Financial Costs	0	200 000	929 000	8 000
Financial Balance	928 000	319 000	−558 000	15 810 000
Dividends	1 200 000	0	0	0
Net Income	691 000	458 000	210 000	15 985 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 421 000	0
Real Eastate	949 000	998 000	1 046 000	1 095 000
Machinery and Plant Facilities	0	0	5 558 000	0
Fixtures	0	0	453 000	0
Total Tangible Assets	949 000	998 000	7 057 000	1 095 000
Total Fiancial Fixed Assets	0	0	483 000	12 700 000
Total Fixed Assets	949 000	998 000	9 961 000	13 795 000
Stock	0	0	8 404 000	0
Total Investments	13 911 000	13 911 000	5 909 000	0
Cash, Bank	4 996 000	5 380 000	4 154 000	6 812 000
Total Current Assets	18 927 000	19 303 000	33 476 000	6 827 000
Total Assets	19 876 000	20 301 000	43 437 000	20 622 000
Total Equity	18 595 000	19 105 000	19 147 000	20 602 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	12 089 000	0
Creditors	8 000	4 000	4 480 000	18 000
Unpaid Taxes	26 000	0	2 271 000	1 000
Dividends	1 200 000	0	0	0
Other Current Debt	47 000	1 192 000	4 852 000	1 000
Total Current Debt	1 281 000	1 196 000	12 203 000	20 000
Total Equity and Debt	19 876 000	20 301 000	43 439 000	20 622 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,72 %	2,4 %	1,1 %	77,59 %
Debt-to-Equity Ratio	0	0	0,63	0
Operating Profit Margin	−59,7 %	35,28 %	1,3 %	44,87 %
Current Ratio	14,78	16,14	2,74	341,35
Quick Ratio	14,78	16,14	8,81	341,35
Equity Ratio	0,94	0,94	0,44	1
Gross Profit Margin	100 %	100 %	52,73 %	100 %