HVITTRÅD AS

2821 GJØVIK

Finances

Share Ownership

Return on Equity

88,34 %

Current Ratio

1,48

Debt-to-Equity Ratio

1,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 454 000	26 052 000	21 482 000	18 273 000
Net Income	1 447 000	226 000	544 000	198 000
Total Assets	10 174 000	7 742 000	6 604 000	5 332 000
Total Equity	1 638 000	1 390 000	1 164 000	620 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 454 000	26 052 000	21 482 000	18 273 000
Expenditure	25 236 000	25 733 000	20 725 000	17 891 000
Operating Profit	2 086 000	366 000	758 000	382 000
Financial Income	44 000	6 000	5 000	5 000
Financial Costs	273 000	78 000	62 000	130 000
Financial Balance	−229 000	−72 000	−57 000	−125 000
Earnings Before Tax	1 856 000	293 000	702 000	257 000
Tax	408 000	67 000	157 000	59 000
Net Income	1 447 000	226 000	544 000	198 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	677 000	265 000	274 000	357 000
Total Current Assets	9 497 000	7 477 000	6 330 000	4 976 000
Total Assets	10 174 000	7 742 000	6 604 000	5 332 000
Total Retained Equity	1 532 000	1 285 000	1 058 000	514 000
Total Equity	1 638 000	1 390 000	1 164 000	620 000
Total Long-Term Debt	2 115 000	726 000	840 000	901 000
Total Current Debt	6 421 000	5 626 000	4 601 000	3 811 000
Total Equity and Debt	10 174 000	7 742 000	6 604 000	5 332 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 454 000	26 002 000	21 404 000	18 210 000
Other Income	0	50 000	78 000	63 000
Revenue	31 454 000	26 052 000	21 482 000	18 273 000
Cost of Goods Sold	14 252 000	16 632 000	13 480 000	10 877 000
Salary Costs	6 284 000	6 428 000	4 855 000	4 361 000
Depreciation	176 000	84 000	83 000	83 000
Impairment	0	0	0	0
Expenditure	25 236 000	25 733 000	20 725 000	17 891 000
Operating Profit	2 086 000	366 000	758 000	382 000
Financial Income	44 000	6 000	5 000	5 000
Financial Costs	273 000	78 000	62 000	130 000
Financial Balance	−229 000	−72 000	−57 000	−125 000
Dividends	1 200 000	0	0	0
Net Income	1 447 000	226 000	544 000	198 000

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	0	0	0	0
Fixtures	677 000	265 000	274 000	357 000
Total Tangible Assets	677 000	265 000	274 000	357 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	677 000	265 000	274 000	357 000
Stock	5 202 000	2 704 000	3 222 000	4 161 000
Total Investments	0	0	0	0
Cash, Bank	4 237 000	4 747 000	2 982 000	747 000
Total Current Assets	9 497 000	7 477 000	6 330 000	4 976 000
Total Assets	10 174 000	7 742 000	6 604 000	5 332 000
Total Equity	1 638 000	1 390 000	1 164 000	620 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 115 000	726 000	840 000	901 000
Creditors	917 000	978 000	815 000	1 167 000
Unpaid Taxes	1 815 000	1 455 000	1 184 000	951 000
Dividends	1 200 000	0	0	0
Other Current Debt	2 080 000	3 121 000	2 438 000	1 630 000
Total Current Debt	6 421 000	5 626 000	4 601 000	3 811 000
Total Equity and Debt	10 174 000	7 742 000	6 604 000	5 332 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,34 %	16,26 %	46,74 %	31,94 %
Debt-to-Equity Ratio	1,29	0,52	0,72	1,45
Operating Profit Margin	6,63 %	1,4 %	3,53 %	2,09 %
Current Ratio	1,48	1,33	1,38	1,31
Quick Ratio	7,79	2,56	4,59	−14,22
Equity Ratio	0,16	0,18	0,18	0,12
Gross Profit Margin	54,69 %	36,16 %	37,25 %	40,48 %