HARTMANN FINE WINES AS

0785 OSLO

Finances

Return on Equity

21,92 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 666 000	13 374 000	11 152 000	8 901 000
Net Income	466 000	1 085 000	647 000	−273 000
Total Assets	7 834 000	8 363 000	6 430 000	5 129 000
Total Equity	2 126 000	1 660 000	575 000	−72 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 666 000	13 374 000	11 152 000	8 901 000
Expenditure	11 041 000	11 965 000	10 388 000	9 098 000
Operating Profit	625 000	1 409 000	763 000	−196 000
Financial Income	104 000	189 000	160 000	86 000
Financial Costs	116 000	209 000	232 000	162 000
Financial Balance	−12 000	−20 000	−72 000	−76 000
Earnings Before Tax	613 000	1 389 000	692 000	−273 000
Tax	147 000	304 000	45 000	0
Net Income	466 000	1 085 000	647 000	−273 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	250 000	253 000	299 000	96 000
Total Current Assets	7 584 000	8 110 000	6 131 000	5 033 000
Total Assets	7 834 000	8 363 000	6 430 000	5 129 000
Total Retained Equity	1 926 000	1 460 000	375 000	−272 000
Total Equity	2 126 000	1 660 000	575 000	−72 000
Total Long-Term Debt	0	9 000	199 000	44 000
Total Current Debt	5 708 000	6 695 000	5 657 000	5 157 000
Total Equity and Debt	7 834 000	8 363 000	6 430 000	5 129 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 666 000	13 374 000	11 152 000	8 901 000
Other Income	0	0	0	0
Revenue	11 666 000	13 374 000	11 152 000	8 901 000
Cost of Goods Sold	9 775 000	10 870 000	9 464 000	7 937 000
Salary Costs	669 000	615 000	471 000	525 000
Depreciation	46 000	46 000	46 000	46 000
Impairment	0	0	0	0
Expenditure	11 041 000	11 965 000	10 388 000	9 098 000
Operating Profit	625 000	1 409 000	763 000	−196 000
Financial Income	104 000	189 000	160 000	86 000
Financial Costs	116 000	209 000	232 000	162 000
Financial Balance	−12 000	−20 000	−72 000	−76 000
Dividends	0	0	0	0
Net Income	466 000	1 085 000	647 000	−273 000

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	157 000	203 000	249 000	46 000
Total Tangible Assets	157 000	203 000	249 000	46 000
Total Fiancial Fixed Assets	93 000	50 000	50 000	50 000
Total Fixed Assets	250 000	253 000	299 000	96 000
Stock	3 074 000	2 757 000	2 601 000	1 964 000
Total Investments	0	0	0	0
Cash, Bank	443 000	635 000	168 000	247 000
Total Current Assets	7 584 000	8 110 000	6 131 000	5 033 000
Total Assets	7 834 000	8 363 000	6 430 000	5 129 000
Total Equity	2 126 000	1 660 000	575 000	−72 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	9 000	199 000	44 000
Creditors	2 906 000	3 970 000	3 569 000	3 225 000
Unpaid Taxes	1 406 000	1 810 000	1 440 000	1 311 000
Dividends	0	0	0	0
Other Current Debt	1 250 000	611 000	603 000	621 000
Total Current Debt	5 708 000	6 695 000	5 657 000	5 157 000
Total Equity and Debt	7 834 000	8 363 000	6 430 000	5 129 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,92 %	65,36 %	112,52 %	379,17 %
Debt-to-Equity Ratio	0	0,01	0,35	−0,61
Operating Profit Margin	5,36 %	10,54 %	6,84 %	−2,2 %
Current Ratio	1,33	1,21	1,08	0,98
Quick Ratio	2,88	2,06	2,01	1,58
Equity Ratio	0,27	0,2	0,09	−0,01
Gross Profit Margin	16,21 %	18,72 %	15,14 %	10,83 %