HOWDEN FINANCIAL ADVISORY AS

0167 OSLO

Finances

Return on Equity

249,31 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 884 000	14 545 000	13 793 000	20 653 000
Net Income	2 715 000	1 420 000	1 373 000	2 457 000
Total Assets	9 481 000	8 369 000	7 871 000	11 152 000
Total Equity	1 089 000	374 000	454 000	2 981 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 884 000	14 545 000	13 793 000	20 653 000
Expenditure	13 393 000	12 717 000	12 110 000	17 512 000
Operating Profit	3 491 000	1 828 000	1 684 000	3 141 000
Financial Income	35 000	2 000	82 000	101 000
Financial Costs	1 000	1 000	5 000	12 000
Financial Balance	34 000	1 000	77 000	89 000
Earnings Before Tax	3 525 000	1 829 000	1 761 000	3 230 000
Tax	810 000	409 000	388 000	774 000
Net Income	2 715 000	1 420 000	1 373 000	2 457 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	37 000	56 000	641 000
Total Current Assets	9 460 000	8 331 000	7 816 000	10 511 000
Total Assets	9 481 000	8 369 000	7 871 000	11 152 000
Total Retained Equity	890 000	175 000	255 000	2 772 000
Total Equity	1 089 000	374 000	454 000	2 981 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 392 000	7 995 000	7 418 000	8 171 000
Total Equity and Debt	9 481 000	8 369 000	7 871 000	11 152 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 074 000	12 560 000	11 545 000	19 955 000
Other Income	811 000	1 985 000	2 248 000	698 000
Revenue	16 884 000	14 545 000	13 793 000	20 653 000
Cost of Goods Sold	28 000	0	0	0
Salary Costs	6 669 000	6 637 000	7 052 000	8 845 000
Depreciation	19 000	19 000	19 000	17 000
Impairment	0	0	0	0
Expenditure	13 393 000	12 717 000	12 110 000	17 512 000
Operating Profit	3 491 000	1 828 000	1 684 000	3 141 000
Financial Income	35 000	2 000	82 000	101 000
Financial Costs	1 000	1 000	5 000	12 000
Financial Balance	34 000	1 000	77 000	89 000
Dividends	2 000 000	1 500 000	3 500 000	0
Net Income	2 715 000	1 420 000	1 373 000	2 457 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	0	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	37 000	55 000	74 000
Total Tangible Assets	18 000	37 000	55 000	74 000
Total Fiancial Fixed Assets	0	0	0	566 000
Total Fixed Assets	20 000	37 000	56 000	641 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 634 000	4 831 000	5 734 000	3 506 000
Total Current Assets	9 460 000	8 331 000	7 816 000	10 511 000
Total Assets	9 481 000	8 369 000	7 871 000	11 152 000
Total Equity	1 089 000	374 000	454 000	2 981 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 026 000	36 000	14 000	698 000
Unpaid Taxes	1 738 000	722 000	504 000	255 000
Dividends	2 000 000	1 500 000	3 500 000	0
Other Current Debt	2 817 000	5 329 000	5 012 000	6 448 000
Total Current Debt	8 392 000	7 995 000	7 418 000	8 171 000
Total Equity and Debt	9 481 000	8 369 000	7 871 000	11 152 000

Financial indicators	2022	2021	2020	2019
Return on Equity	249,31 %	379,68 %	302,42 %	82,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,68 %	12,57 %	12,21 %	15,21 %
Current Ratio	1,13	1,04	1,05	1,29
Quick Ratio	1,13	1,04	1,05	1,29
Equity Ratio	0,11	0,04	0,06	0,27
Gross Profit Margin	99,83 %	100 %	100 %	100 %