NORSK HONNING AS

1900 FETSUND

Finances

Share Ownership

Return on Equity

4,28 %

Current Ratio

0,43

Debt-to-Equity Ratio

−0,84

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	113 000	70 000	19 000
Net Income	−13 000	16 000	−34 000	−39 000
Total Assets	279 000	292 000	258 000	287 000
Total Equity	−304 000	−291 000	−307 000	−273 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	113 000	70 000	19 000
Expenditure	17 000	92 000	109 000	60 000
Operating Profit	−17 000	21 000	−39 000	−40 000
Financial Income	0	0	0	0
Financial Costs	0	0	5 000	5 000
Financial Balance	0	0	−5 000	−5 000
Earnings Before Tax	−17 000	21 000	−44 000	−45 000
Tax	−4 000	5 000	−10 000	−6 000
Net Income	−13 000	16 000	−34 000	−39 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	137 000	150 000	128 000	136 000
Total Current Assets	142 000	142 000	130 000	151 000
Total Assets	279 000	292 000	258 000	287 000
Total Retained Equity	−334 000	−321 000	−337 000	−303 000
Total Equity	−304 000	−291 000	−307 000	−273 000
Total Long-Term Debt	256 000	256 000	256 000	253 000
Total Current Debt	327 000	327 000	310 000	307 000
Total Equity and Debt	279 000	292 000	258 000	287 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	67 000	23 000	0
Other Income	0	46 000	47 000	19 000
Revenue	0	113 000	70 000	19 000
Cost of Goods Sold	0	26 000	38 000	−3 000
Salary Costs	0	0	0	0
Depreciation	17 000	15 000	17 000	17 000
Impairment	0	0	0	0
Expenditure	17 000	92 000	109 000	60 000
Operating Profit	−17 000	21 000	−39 000	−40 000
Financial Income	0	0	0	0
Financial Costs	0	0	5 000	5 000
Financial Balance	0	0	−5 000	−5 000
Dividends	0	0	0	0
Net Income	−13 000	16 000	−34 000	−39 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	94 000	91 000	95 000	86 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	42 000	59 000	33 000	50 000
Total Tangible Assets	42 000	59 000	33 000	50 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	137 000	150 000	128 000	136 000
Stock	114 000	114 000	114 000	156 000
Total Investments	0	0	0	0
Cash, Bank	0	0	8 000	12 000
Total Current Assets	142 000	142 000	130 000	151 000
Total Assets	279 000	292 000	258 000	287 000
Total Equity	−304 000	−291 000	−307 000	−273 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	256 000	256 000	256 000	253 000
Creditors	157 000	157 000	114 000	103 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	170 000	170 000	196 000	204 000
Total Current Debt	327 000	327 000	310 000	307 000
Total Equity and Debt	279 000	292 000	258 000	287 000

Financial indicators	2021	2020	2019	2018
Return on Equity	4,28 %	−5,5 %	11,07 %	14,29 %
Debt-to-Equity Ratio	−0,84	−0,88	−0,83	−0,93
Operating Profit Margin	-	18,58 %	−55,71 %	−210,53 %
Current Ratio	0,43	0,43	0,42	0,49
Quick Ratio	0,67	0,67	0,66	1
Equity Ratio	−1,09	−1	−1,19	−0,95
Gross Profit Margin	-	76,99 %	45,71 %	115,79 %