HVALER BÅT & MOTOR AS

1684 VESTERØY

Finances

Share Ownership

Return on Equity

39,37 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 071 000	4 286 000	2 476 000	1 876 000
Net Income	335 000	136 000	98 000	84 000
Total Assets	1 460 000	1 217 000	656 000	417 000
Total Equity	851 000	517 000	380 000	282 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 071 000	4 286 000	2 476 000	1 876 000
Expenditure	4 641 000	4 113 000	2 353 000	1 784 000
Operating Profit	432 000	173 000	123 000	92 000
Financial Income	4 000	2 000	0	1 000
Financial Costs	2 000	1 000	0	0
Financial Balance	2 000	1 000	0	1 000
Earnings Before Tax	434 000	175 000	123 000	93 000
Tax	99 000	38 000	26 000	9 000
Net Income	335 000	136 000	98 000	84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	502 000	107 000	144 000	45 000
Total Current Assets	958 000	1 111 000	512 000	372 000
Total Assets	1 460 000	1 217 000	656 000	417 000
Total Retained Equity	821 000	487 000	350 000	252 000
Total Equity	851 000	517 000	380 000	282 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	608 000	701 000	275 000	134 000
Total Equity and Debt	1 460 000	1 217 000	656 000	417 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 070 000	4 285 000	2 474 000	1 872 000
Other Income	1 000	2 000	2 000	4 000
Revenue	5 071 000	4 286 000	2 476 000	1 876 000
Cost of Goods Sold	1 773 000	1 478 000	1 087 000	759 000
Salary Costs	2 085 000	2 018 000	821 000	643 000
Depreciation	38 000	37 000	25 000	10 000
Impairment	0	0	0	0
Expenditure	4 641 000	4 113 000	2 353 000	1 784 000
Operating Profit	432 000	173 000	123 000	92 000
Financial Income	4 000	2 000	0	1 000
Financial Costs	2 000	1 000	0	0
Financial Balance	2 000	1 000	0	1 000
Dividends	0	0	0	0
Net Income	335 000	136 000	98 000	84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	416 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	85 000	107 000	144 000	43 000
Total Tangible Assets	502 000	107 000	144 000	43 000
Total Fiancial Fixed Assets	0	0	0	2 000
Total Fixed Assets	502 000	107 000	144 000	45 000
Stock	322 000	348 000	238 000	223 000
Total Investments	0	0	0	0
Cash, Bank	398 000	698 000	231 000	96 000
Total Current Assets	958 000	1 111 000	512 000	372 000
Total Assets	1 460 000	1 217 000	656 000	417 000
Total Equity	851 000	517 000	380 000	282 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	100 000	48 000	104 000	8 000
Unpaid Taxes	223 000	219 000	69 000	66 000
Dividends	0	0	0	0
Other Current Debt	187 000	395 000	77 000	51 000
Total Current Debt	608 000	701 000	275 000	134 000
Total Equity and Debt	1 460 000	1 217 000	656 000	417 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,37 %	26,31 %	25,79 %	29,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,52 %	4,04 %	4,97 %	4,9 %
Current Ratio	1,58	1,58	1,86	2,78
Quick Ratio	3,35	3,15	13,84	−4,18
Equity Ratio	0,58	0,42	0,58	0,68
Gross Profit Margin	65,04 %	65,52 %	56,1 %	59,54 %