HVITTINGFOSS BUTIKKSENTER AS

3647 HVITTINGFOSS

Finances

Share Ownership

Return on Equity

31,45 %

Current Ratio

1,71

Debt-to-Equity Ratio

9,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 690 000	1 620 000	2 251 000	2 211 000
Net Income	428 000	550 000	727 000	843 000
Total Assets	16 388 000	16 705 000	17 465 000	17 780 000
Total Equity	1 361 000	933 000	1 113 000	2 498 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 690 000	1 620 000	2 251 000	2 211 000
Expenditure	711 000	675 000	1 014 000	770 000
Operating Profit	979 000	944 000	1 237 000	1 441 000
Financial Income	8 000	0	6 000	17 000
Financial Costs	438 000	240 000	311 000	377 000
Financial Balance	−430 000	−240 000	−305 000	−360 000
Earnings Before Tax	549 000	705 000	932 000	1 081 000
Tax	121 000	155 000	205 000	238 000
Net Income	428 000	550 000	727 000	843 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 777 000	12 561 000	12 826 000	13 090 000
Total Current Assets	2 611 000	4 143 000	4 639 000	4 690 000
Total Assets	16 388 000	16 705 000	17 465 000	17 780 000
Total Retained Equity	1 260 000	832 000	1 011 000	2 397 000
Total Equity	1 361 000	933 000	1 113 000	2 498 000
Total Long-Term Debt	13 502 000	13 488 000	13 479 000	13 409 000
Total Current Debt	1 524 000	2 283 000	2 873 000	1 873 000
Total Equity and Debt	16 388 000	16 705 000	17 465 000	17 780 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 620 000	2 251 000	2 211 000
Other Income	1 690 000	0	0	0
Revenue	1 690 000	1 620 000	2 251 000	2 211 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	264 000	264 000	264 000	264 000
Impairment	0	0	0	0
Expenditure	711 000	675 000	1 014 000	770 000
Operating Profit	979 000	944 000	1 237 000	1 441 000
Financial Income	8 000	0	6 000	17 000
Financial Costs	438 000	240 000	311 000	377 000
Financial Balance	−430 000	−240 000	−305 000	−360 000
Dividends	0	600 000	1 500 000	840 000
Net Income	428 000	550 000	727 000	843 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 777 000	12 561 000	12 826 000	13 090 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	13 777 000	12 561 000	12 826 000	13 090 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 777 000	12 561 000	12 826 000	13 090 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	620 000	1 820 000	2 392 000	2 201 000
Total Current Assets	2 611 000	4 143 000	4 639 000	4 690 000
Total Assets	16 388 000	16 705 000	17 465 000	17 780 000
Total Equity	1 361 000	933 000	1 113 000	2 498 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 502 000	13 488 000	13 479 000	13 409 000
Creditors	961 000	74 000	39 000	71 000
Unpaid Taxes	0	96 000	95 000	136 000
Dividends	0	600 000	1 500 000	840 000
Other Current Debt	456 000	2 004 000	2 720 000	1 448 000
Total Current Debt	1 524 000	2 283 000	2 873 000	1 873 000
Total Equity and Debt	16 388 000	16 705 000	17 465 000	17 780 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,45 %	58,95 %	65,32 %	33,75 %
Debt-to-Equity Ratio	9,92	14,46	12,11	5,37
Operating Profit Margin	57,93 %	58,27 %	54,95 %	65,17 %
Current Ratio	1,71	1,81	1,61	2,5
Quick Ratio	1,71	1,81	1,61	2,5
Equity Ratio	0,08	0,06	0,06	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %