BRØDRENE HARDY AS

8063 VÆRØY

Finances

Return on Equity

17,64 %

Current Ratio

5,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 811 000	3 544 000	3 111 000	6 430 000
Net Income	1 468 000	296 000	−338 000	952 000
Total Assets	9 946 000	7 618 000	7 302 000	8 165 000
Total Equity	8 321 000	6 853 000	6 558 000	6 896 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 811 000	3 544 000	3 111 000	6 430 000
Expenditure	5 969 000	3 186 000	3 581 000	5 254 000
Operating Profit	1 841 000	358 000	−469 000	1 176 000
Financial Income	41 000	21 000	37 000	56 000
Financial Costs	1 000	0	1 000	10 000
Financial Balance	40 000	21 000	36 000	46 000
Earnings Before Tax	1 882 000	379 000	−433 000	1 221 000
Tax	414 000	83 000	−95 000	269 000
Net Income	1 468 000	296 000	−338 000	952 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	308 000	374 000	456 000	540 000
Total Current Assets	9 639 000	7 244 000	6 845 000	7 625 000
Total Assets	9 946 000	7 618 000	7 302 000	8 165 000
Total Retained Equity	8 119 000	6 651 000	6 355 000	6 693 000
Total Equity	8 321 000	6 853 000	6 558 000	6 896 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 625 000	764 000	744 000	1 270 000
Total Equity and Debt	9 946 000	7 618 000	7 302 000	8 165 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 757 000	3 511 000	3 083 000	6 401 000
Other Income	55 000	33 000	28 000	29 000
Revenue	7 811 000	3 544 000	3 111 000	6 430 000
Cost of Goods Sold	4 986 000	2 207 000	2 615 000	4 349 000
Salary Costs	601 000	538 000	388 000	614 000
Depreciation	93 000	91 000	91 000	112 000
Impairment	0	0	0	0
Expenditure	5 969 000	3 186 000	3 581 000	5 254 000
Operating Profit	1 841 000	358 000	−469 000	1 176 000
Financial Income	41 000	21 000	37 000	56 000
Financial Costs	1 000	0	1 000	10 000
Financial Balance	40 000	21 000	36 000	46 000
Dividends	0	0	0	0
Net Income	1 468 000	296 000	−338 000	952 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	76 000	67 000	59 000	52 000
Real Eastate	195 000	257 000	318 000	380 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	34 000	63 000	92 000
Total Tangible Assets	215 000	291 000	381 000	472 000
Total Fiancial Fixed Assets	16 000	16 000	16 000	16 000
Total Fixed Assets	308 000	374 000	456 000	540 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 493 000	7 113 000	6 581 000	7 422 000
Total Current Assets	9 639 000	7 244 000	6 845 000	7 625 000
Total Assets	9 946 000	7 618 000	7 302 000	8 165 000
Total Equity	8 321 000	6 853 000	6 558 000	6 896 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	27 000	40 000	259 000	6 000
Unpaid Taxes	1 113 000	577 000	443 000	911 000
Dividends	0	0	0	0
Other Current Debt	61 000	56 000	42 000	75 000
Total Current Debt	1 625 000	764 000	744 000	1 270 000
Total Equity and Debt	9 946 000	7 618 000	7 302 000	8 165 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,64 %	4,32 %	−5,15 %	13,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,57 %	10,1 %	−15,08 %	18,29 %
Current Ratio	5,93	9,48	9,2	6
Quick Ratio	5,93	9,48	9,2	6
Equity Ratio	0,84	0,9	0,9	0,84
Gross Profit Margin	36,17 %	37,73 %	15,94 %	32,36 %