HØNEFOSS VVS HOLDING AS

3511 HØNEFOSS

Finances

Return on Equity

26,23 %

Current Ratio

4,61

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	12 000	0	22 935 000
Net Income	2 280 000	2 429 000	1 740 000	1 092 000
Total Assets	10 819 000	9 130 000	9 488 000	10 781 000
Total Equity	8 692 000	6 811 000	5 382 000	4 734 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	12 000	0	22 935 000
Expenditure	66 000	102 000	55 000	21 547 000
Operating Profit	−66 000	−91 000	−55 000	1 387 000
Financial Income	2 772 000	3 259 000	2 342 000	7 000
Financial Costs	48 000	51 000	65 000	24 000
Financial Balance	2 724 000	3 208 000	2 277 000	−17 000
Earnings Before Tax	2 659 000	3 117 000	2 222 000	1 370 000
Tax	378 000	688 000	483 000	277 000
Net Income	2 280 000	2 429 000	1 740 000	1 092 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 831 000	4 330 000	4 420 000	4 815 000
Total Current Assets	5 988 000	4 800 000	5 068 000	5 965 000
Total Assets	10 819 000	9 130 000	9 488 000	10 781 000
Total Retained Equity	7 681 000	5 801 000	4 371 000	4 630 000
Total Equity	8 692 000	6 811 000	5 382 000	4 734 000
Total Long-Term Debt	828 000	1 225 000	1 623 000	1 850 000
Total Current Debt	1 299 000	1 093 000	2 483 000	4 196 000
Total Equity and Debt	10 819 000	9 130 000	9 488 000	10 781 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	22 864 000
Other Income	0	12 000	0	71 000
Revenue	0	12 000	0	22 935 000
Cost of Goods Sold	0	0	0	9 594 000
Salary Costs	0	0	0	8 081 000
Depreciation	0	0	0	202 000
Impairment	0	0	0	0
Expenditure	66 000	102 000	55 000	21 547 000
Operating Profit	−66 000	−91 000	−55 000	1 387 000
Financial Income	2 772 000	3 259 000	2 342 000	7 000
Financial Costs	48 000	51 000	65 000	24 000
Financial Balance	2 724 000	3 208 000	2 277 000	−17 000
Dividends	400 000	1 000 000	0	0
Net Income	2 280 000	2 429 000	1 740 000	1 092 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	90 000	90 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	362 000
Total Tangible Assets	0	0	0	362 000
Total Fiancial Fixed Assets	4 831 000	4 330 000	4 330 000	4 363 000
Total Fixed Assets	4 831 000	4 330 000	4 420 000	4 815 000
Stock	0	0	0	1 895 000
Total Investments	0	0	0	0
Cash, Bank	2 630 000	1 552 000	1 780 000	2 837 000
Total Current Assets	5 988 000	4 800 000	5 068 000	5 965 000
Total Assets	10 819 000	9 130 000	9 488 000	10 781 000
Total Equity	8 692 000	6 811 000	5 382 000	4 734 000
Short-Term Group Debt	325 000	286 000	1 911 000	0
Total Long-Term Debt	828 000	1 225 000	1 623 000	1 850 000
Creditors	59 000	76 000	0	1 025 000
Unpaid Taxes	0	0	0	1 048 000
Dividends	400 000	1 000 000	0	0
Other Current Debt	137 000	132 000	0	1 839 000
Total Current Debt	1 299 000	1 093 000	2 483 000	4 196 000
Total Equity and Debt	10 819 000	9 130 000	9 488 000	10 781 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,23 %	35,66 %	32,33 %	23,07 %
Debt-to-Equity Ratio	0,1	0,18	0,3	0,39
Operating Profit Margin	-	−758,33 %	-	6,05 %
Current Ratio	4,61	4,39	2,04	1,42
Quick Ratio	4,61	4,39	2,04	2,59
Equity Ratio	0,8	0,75	0,57	0,44
Gross Profit Margin	-	100 %	-	58,17 %