G. HAFNOR AS

3511 HØNEFOSS

Finances

Share Ownership

Return on Equity

13,12 %

Current Ratio

−0,61

Debt-to-Equity Ratio

−0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 222 000	2 244 000	4 934 000	5 346 000
Net Income	−562 000	108 000	260 000	−1 633 000
Total Assets	−1 362 000	308 000	1 226 000	581 000
Total Equity	−4 283 000	−3 721 000	−3 830 000	−4 089 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 222 000	2 244 000	4 934 000	5 346 000
Expenditure	1 708 000	2 015 000	4 569 000	6 812 000
Operating Profit	−485 000	229 000	365 000	−1 466 000
Financial Income	0	0	0	0
Financial Costs	76 000	121 000	105 000	167 000
Financial Balance	−76 000	−121 000	−105 000	−167 000
Earnings Before Tax	−562 000	108 000	260 000	−1 633 000
Tax	0	0	0	0
Net Income	−562 000	108 000	260 000	−1 633 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	36 000	36 000	67 000
Total Current Assets	−1 398 000	272 000	1 190 000	514 000
Total Assets	−1 362 000	308 000	1 226 000	581 000
Total Retained Equity	−4 383 000	−3 821 000	−3 930 000	−4 189 000
Total Equity	−4 283 000	−3 721 000	−3 830 000	−4 089 000
Total Long-Term Debt	613 000	783 000	983 000	69 000
Total Current Debt	2 309 000	3 246 000	4 072 000	4 602 000
Total Equity and Debt	−1 362 000	308 000	1 226 000	581 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 222 000	2 244 000	4 481 000	5 346 000
Other Income	0	0	452 000	0
Revenue	1 222 000	2 244 000	4 934 000	5 346 000
Cost of Goods Sold	1 708 000	382 000	1 563 000	1 525 000
Salary Costs	0	904 000	1 556 000	1 684 000
Depreciation	0	0	31 000	40 000
Impairment	0	0	0	0
Expenditure	1 708 000	2 015 000	4 569 000	6 812 000
Operating Profit	−485 000	229 000	365 000	−1 466 000
Financial Income	0	0	0	0
Financial Costs	76 000	121 000	105 000	167 000
Financial Balance	−76 000	−121 000	−105 000	−167 000
Dividends	0	0	0	0
Net Income	−562 000	108 000	260 000	−1 633 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	10 000	0	0	0
Fixtures	26 000	36 000	36 000	67 000
Total Tangible Assets	36 000	36 000	36 000	67 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 000	36 000	36 000	67 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	56 000	6 000	0	52 000
Total Current Assets	−1 398 000	272 000	1 190 000	514 000
Total Assets	−1 362 000	308 000	1 226 000	581 000
Total Equity	−4 283 000	−3 721 000	−3 830 000	−4 089 000
Short-Term Group Debt	0	73 000	69 000	0
Total Long-Term Debt	613 000	783 000	983 000	69 000
Creditors	219 000	1 080 000	1 656 000	1 486 000
Unpaid Taxes	0	939 000	648 000	525 000
Dividends	0	0	0	0
Other Current Debt	2 090 000	1 155 000	1 699 000	1 600 000
Total Current Debt	2 309 000	3 246 000	4 072 000	4 602 000
Total Equity and Debt	−1 362 000	308 000	1 226 000	581 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,12 %	−2,9 %	−6,79 %	39,94 %
Debt-to-Equity Ratio	−0,14	−0,21	−0,26	−0,02
Operating Profit Margin	−39,69 %	10,2 %	7,4 %	−27,42 %
Current Ratio	−0,61	0,08	0,29	0,11
Quick Ratio	−0,61	0,08	0,29	0,11
Equity Ratio	3,14	−12,08	−3,12	−7,04
Gross Profit Margin	−39,77 %	82,98 %	68,32 %	71,47 %