HG HÅNDVERKSGRUPPEN NORGE AS

0667 OSLO

Finances

Return on Equity

10,34 %

Current Ratio

0,75

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 253 000	81 967 000	216 750 000	189 260 000
Net Income	111 821 000	144 697 000	−22 180 000	462 000
Total Assets	2 219 011 000	1 646 990 000	729 960 000	51 887 000
Total Equity	1 081 106 000	630 780 000	498 469 000	8 241 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 253 000	81 967 000	216 750 000	189 260 000
Expenditure	121 882 000	143 364 000	220 741 000	188 718 000
Operating Profit	−92 628 000	−61 397 000	−3 991 000	542 000
Financial Income	287 235 000	317 446 000	130 000	78 000
Financial Costs	44 639 000	71 300 000	2 442 000	24 000
Financial Balance	242 596 000	246 146 000	−2 312 000	54 000
Earnings Before Tax	149 968 000	184 749 000	−6 304 000	596 000
Tax	38 146 000	40 053 000	15 876 000	134 000
Net Income	111 821 000	144 697 000	−22 180 000	462 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 532 326 000	1 288 550 000	606 002 000	324 000
Total Current Assets	686 685 000	358 440 000	123 958 000	51 563 000
Total Assets	2 219 011 000	1 646 990 000	729 960 000	51 887 000
Total Retained Equity	208 481 000	108 154 000	−24 156 000	4 917 000
Total Equity	1 081 106 000	630 780 000	498 469 000	8 241 000
Total Long-Term Debt	220 832 000	324 892 000	107 689 000	0
Total Current Debt	917 073 000	691 318 000	123 802 000	43 646 000
Total Equity and Debt	2 219 011 000	1 646 990 000	729 960 000	51 887 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 116 000	81 636 000	216 722 000	189 248 000
Other Income	137 000	330 000	27 000	12 000
Revenue	29 253 000	81 967 000	216 750 000	189 260 000
Cost of Goods Sold	41 805 000	86 550 000	202 878 000	178 400 000
Salary Costs	33 714 000	20 542 000	11 575 000	5 738 000
Depreciation	965 000	158 000	92 000	138 000
Impairment	0	0	0	0
Expenditure	121 882 000	143 364 000	220 741 000	188 718 000
Operating Profit	−92 628 000	−61 397 000	−3 991 000	542 000
Financial Income	287 235 000	317 446 000	130 000	78 000
Financial Costs	44 639 000	71 300 000	2 442 000	24 000
Financial Balance	242 596 000	246 146 000	−2 312 000	54 000
Dividends	0	0	0	0
Net Income	111 821 000	144 697 000	−22 180 000	462 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 284 000	1 785 000	11 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	797 000	658 000	238 000	315 000
Total Tangible Assets	797 000	658 000	238 000	315 000
Total Fiancial Fixed Assets	1 525 245 000	1 286 107 000	605 753 000	0
Total Fixed Assets	1 532 326 000	1 288 550 000	606 002 000	324 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 361 000	1 025 000	933 000	8 457 000
Total Current Assets	686 685 000	358 440 000	123 958 000	51 563 000
Total Assets	2 219 011 000	1 646 990 000	729 960 000	51 887 000
Total Equity	1 081 106 000	630 780 000	498 469 000	8 241 000
Short-Term Group Debt	857 286 000	626 369 000	31 663 000	0
Total Long-Term Debt	220 832 000	324 892 000	107 689 000	0
Creditors	7 539 000	11 921 000	16 153 000	36 310 000
Unpaid Taxes	1 545 000	953 000	1 128 000	1 349 000
Dividends	0	0	0	0
Other Current Debt	14 956 000	15 418 000	26 430 000	5 859 000
Total Current Debt	917 073 000	691 318 000	123 802 000	43 646 000
Total Equity and Debt	2 219 011 000	1 646 990 000	729 960 000	51 887 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,34 %	22,94 %	−4,45 %	5,61 %
Debt-to-Equity Ratio	0,2	0,52	0,22	0
Operating Profit Margin	−316,64 %	−74,9 %	−1,84 %	0,29 %
Current Ratio	0,75	0,52	1	1,18
Quick Ratio	0,75	0,52	1	1,18
Equity Ratio	0,49	0,38	0,68	0,16
Gross Profit Margin	−42,91 %	−5,59 %	6,4 %	5,74 %