HG INTERNATIONAL AS

6060 HAREID

Finances

Share Ownership

Return on Equity

0,57 %

Current Ratio

1,52

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 754 000	8 701 000	3 219 000	91 117 000
Net Income	63 000	539 000	1 423 000	−27 026 000
Total Assets	31 223 000	41 558 000	47 914 000	27 281 000
Total Equity	11 000 000	10 700 000	10 700 000	10 676 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 754 000	8 701 000	3 219 000	91 117 000
Expenditure	6 714 000	7 934 000	856 000	125 394 000
Operating Profit	39 000	767 000	2 363 000	−34 277 000
Financial Income	157 000	148 000	507 000	1 275 000
Financial Costs	114 000	223 000	1 044 000	1 643 000
Financial Balance	43 000	−75 000	−537 000	−368 000
Earnings Before Tax	82 000	693 000	1 826 000	−34 645 000
Tax	19 000	154 000	403 000	−7 619 000
Net Income	63 000	539 000	1 423 000	−27 026 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 678 000	5 103 000	8 406 000	17 392 000
Total Current Assets	28 545 000	36 455 000	39 508 000	9 889 000
Total Assets	31 223 000	41 558 000	47 914 000	27 281 000
Total Retained Equity	0	0	0	0
Total Equity	11 000 000	10 700 000	10 700 000	10 676 000
Total Long-Term Debt	1 482 000	2 827 000	1 000 000	1 302 000
Total Current Debt	18 740 000	28 031 000	36 214 000	15 303 000
Total Equity and Debt	31 223 000	41 558 000	47 914 000	27 281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 754 000	8 677 000	3 219 000	91 117 000
Other Income	0	25 000	0	0
Revenue	6 754 000	8 701 000	3 219 000	91 117 000
Cost of Goods Sold	3 384 000	4 502 000	−3 093 000	117 616 000
Salary Costs	2 288 000	2 697 000	2 501 000	4 343 000
Depreciation	239 000	158 000	33 000	28 000
Impairment	0	0	0	0
Expenditure	6 714 000	7 934 000	856 000	125 394 000
Operating Profit	39 000	767 000	2 363 000	−34 277 000
Financial Income	157 000	148 000	507 000	1 275 000
Financial Costs	114 000	223 000	1 044 000	1 643 000
Financial Balance	43 000	−75 000	−537 000	−368 000
Dividends	0	0	0	0
Net Income	63 000	539 000	1 423 000	−27 026 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	3 079 000	8 302 000	17 254 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 678 000	2 025 000	0	0
Fixtures	0	0	105 000	138 000
Total Tangible Assets	2 678 000	2 025 000	105 000	138 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 678 000	5 103 000	8 406 000	17 392 000
Stock	107 000	303 000	0	224 000
Total Investments	0	0	0	0
Cash, Bank	334 000	767 000	296 000	470 000
Total Current Assets	28 545 000	36 455 000	39 508 000	9 889 000
Total Assets	31 223 000	41 558 000	47 914 000	27 281 000
Total Equity	11 000 000	10 700 000	10 700 000	10 676 000
Short-Term Group Debt	11 148 000	18 513 000	31 710 000	0
Total Long-Term Debt	1 482 000	2 827 000	1 000 000	1 302 000
Creditors	6 828 000	8 370 000	1 547 000	12 302 000
Unpaid Taxes	471 000	849 000	366 000	241 000
Dividends	0	0	0	0
Other Current Debt	293 000	300 000	274 000	1 010 000
Total Current Debt	18 740 000	28 031 000	36 214 000	15 303 000
Total Equity and Debt	31 223 000	41 558 000	47 914 000	27 281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,57 %	5,04 %	13,3 %	−253,15 %
Debt-to-Equity Ratio	0,13	0,26	0,09	0,12
Operating Profit Margin	0,58 %	8,82 %	73,41 %	−37,62 %
Current Ratio	1,52	1,3	1,09	0,65
Quick Ratio	1,53	1,31	1,09	0,66
Equity Ratio	0,35	0,26	0,22	0,39
Gross Profit Margin	49,9 %	48,26 %	196,09 %	−29,08 %