HITLAND GRUPPEN AS

5232 PARADIS

Finances

Return on Equity

4,02 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	334 504 000	220 383 000	219 146 000	141 561 000
Net Income	1 555 000	11 012 000	15 195 000	8 290 000
Total Assets	111 569 000	89 984 000	67 442 000	44 149 000
Total Equity	38 694 000	41 139 000	35 126 000	14 870 000

Income (NOK)	2022	2021	2020	2019
Revenue	334 504 000	220 383 000	219 146 000	141 561 000
Expenditure	334 795 000	208 929 000	200 850 000	132 685 000
Operating Profit	−291 000	11 454 000	18 296 000	8 876 000
Financial Income	2 701 000	2 295 000	980 000	1 433 000
Financial Costs	866 000	261 000	56 000	73 000
Financial Balance	1 835 000	2 034 000	924 000	1 360 000
Earnings Before Tax	1 544 000	13 488 000	19 220 000	10 235 000
Tax	−11 000	2 476 000	4 025 000	1 945 000
Net Income	1 555 000	11 012 000	15 195 000	8 290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	24 259 000	14 727 000	8 584 000	2 450 000
Total Current Assets	87 310 000	75 257 000	58 858 000	41 698 000
Total Assets	111 569 000	89 984 000	67 442 000	44 149 000
Total Retained Equity	38 594 000	41 039 000	35 026 000	14 770 000
Total Equity	38 694 000	41 139 000	35 126 000	14 870 000
Total Long-Term Debt	7 627 000	2 922 000	5 233 000	3 350 000
Total Current Debt	65 246 000	45 923 000	27 084 000	25 929 000
Total Equity and Debt	111 567 000	89 984 000	67 443 000	44 149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	334 504 000	220 253 000	219 086 000	140 857 000
Other Income	0	130 000	60 000	703 000
Revenue	334 504 000	220 383 000	219 146 000	141 561 000
Cost of Goods Sold	288 716 000	173 107 000	168 944 000	103 301 000
Salary Costs	37 115 000	29 922 000	27 320 000	25 629 000
Depreciation	111 000	103 000	106 000	123 000
Impairment	0	0	0	0
Expenditure	334 795 000	208 929 000	200 850 000	132 685 000
Operating Profit	−291 000	11 454 000	18 296 000	8 876 000
Financial Income	2 701 000	2 295 000	980 000	1 433 000
Financial Costs	866 000	261 000	56 000	73 000
Financial Balance	1 835 000	2 034 000	924 000	1 360 000
Dividends	4 000 000	5 000 000	0	600 000
Net Income	1 555 000	11 012 000	15 195 000	8 290 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 250 000	4 010 000	60 000	60 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	314 000	140 000	242 000	333 000
Total Tangible Assets	21 564 000	4 150 000	302 000	393 000
Total Fiancial Fixed Assets	2 695 000	10 577 000	8 282 000	2 057 000
Total Fixed Assets	24 259 000	14 727 000	8 584 000	2 450 000
Stock	0	0	0	1 652 000
Total Investments	0	0	0	0
Cash, Bank	23 070 000	36 583 000	40 704 000	9 116 000
Total Current Assets	87 310 000	75 257 000	58 858 000	41 698 000
Total Assets	111 569 000	89 984 000	67 442 000	44 149 000
Total Equity	38 694 000	41 139 000	35 126 000	14 870 000
Short-Term Group Debt	0	0	0	600 000
Total Long-Term Debt	7 627 000	2 922 000	5 233 000	3 350 000
Creditors	50 638 000	25 580 000	19 491 000	17 172 000
Unpaid Taxes	3 519 000	2 636 000	2 723 000	4 636 000
Dividends	4 000 000	5 000 000	0	600 000
Other Current Debt	6 208 000	3 385 000	2 729 000	2 926 000
Total Current Debt	65 246 000	45 923 000	27 084 000	25 929 000
Total Equity and Debt	111 567 000	89 984 000	67 443 000	44 149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,02 %	26,77 %	43,26 %	55,75 %
Debt-to-Equity Ratio	0,2	0,07	0,15	0,23
Operating Profit Margin	−0,09 %	5,2 %	8,35 %	6,27 %
Current Ratio	1,34	1,64	2,17	1,61
Quick Ratio	1,34	1,64	2,17	1,72
Equity Ratio	0,35	0,46	0,52	0,34
Gross Profit Margin	13,69 %	21,45 %	22,91 %	27,03 %