HVALER HÅNDVERK AS

1684 VESTERØY

Finances

Share Ownership

Return on Equity

19,85 %

Current Ratio

0,76

Debt-to-Equity Ratio

−0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 464 000	23 660 000	16 290 000	20 520 000
Net Income	−162 000	−888 000	−606 000	976 000
Total Assets	4 589 000	7 177 000	4 472 000	4 511 000
Total Equity	−816 000	−654 000	305 000	1 070 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 464 000	23 660 000	16 290 000	20 520 000
Expenditure	28 081 000	24 711 000	16 867 000	19 187 000
Operating Profit	383 000	−1 052 000	−577 000	1 333 000
Financial Income	2 000	0	3 000	4 000
Financial Costs	17 000	67 000	47 000	18 000
Financial Balance	−15 000	−67 000	−44 000	−14 000
Earnings Before Tax	368 000	−1 119 000	−621 000	1 319 000
Tax	530 000	−230 000	−15 000	343 000
Net Income	−162 000	−888 000	−606 000	976 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	619 000	776 000	1 157 000	838 000
Total Current Assets	3 970 000	6 401 000	3 315 000	3 673 000
Total Assets	4 589 000	7 177 000	4 472 000	4 511 000
Total Retained Equity	−846 000	−684 000	275 000	1 040 000
Total Equity	−816 000	−654 000	305 000	1 070 000
Total Long-Term Debt	153 000	302 000	655 000	176 000
Total Current Debt	5 251 000	7 529 000	3 513 000	3 264 000
Total Equity and Debt	4 589 000	7 177 000	4 472 000	4 511 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 460 000	23 660 000	16 257 000	20 520 000
Other Income	5 000	0	34 000	0
Revenue	28 464 000	23 660 000	16 290 000	20 520 000
Cost of Goods Sold	18 337 000	15 762 000	10 645 000	12 967 000
Salary Costs	6 548 000	5 771 000	4 080 000	4 468 000
Depreciation	303 000	304 000	255 000	218 000
Impairment	0	0	0	0
Expenditure	28 081 000	24 711 000	16 867 000	19 187 000
Operating Profit	383 000	−1 052 000	−577 000	1 333 000
Financial Income	2 000	0	3 000	4 000
Financial Costs	17 000	67 000	47 000	18 000
Financial Balance	−15 000	−67 000	−44 000	−14 000
Dividends	0	70 000	160 000	0
Net Income	−162 000	−888 000	−606 000	976 000

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	101 000	234 000	377 000	526 000
Fixtures	511 000	520 000	729 000	266 000
Total Tangible Assets	612 000	753 000	1 106 000	792 000
Total Fiancial Fixed Assets	7 000	23 000	51 000	46 000
Total Fixed Assets	619 000	776 000	1 157 000	838 000
Stock	217 000	217 000	217 000	217 000
Total Investments	0	0	0	0
Cash, Bank	1 330 000	1 603 000	947 000	742 000
Total Current Assets	3 970 000	6 401 000	3 315 000	3 673 000
Total Assets	4 589 000	7 177 000	4 472 000	4 511 000
Total Equity	−816 000	−654 000	305 000	1 070 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	153 000	302 000	655 000	176 000
Creditors	2 061 000	2 872 000	1 975 000	1 848 000
Unpaid Taxes	1 380 000	979 000	514 000	278 000
Dividends	0	70 000	160 000	0
Other Current Debt	1 182 000	3 678 000	1 023 000	905 000
Total Current Debt	5 251 000	7 529 000	3 513 000	3 264 000
Total Equity and Debt	4 589 000	7 177 000	4 472 000	4 511 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,85 %	135,78 %	−198,69 %	91,21 %
Debt-to-Equity Ratio	−0,19	−0,46	2,15	0,16
Operating Profit Margin	1,35 %	−4,45 %	−3,54 %	6,5 %
Current Ratio	0,76	0,85	0,94	1,13
Quick Ratio	0,79	0,88	1,01	1,21
Equity Ratio	−0,18	−0,09	0,07	0,24
Gross Profit Margin	35,58 %	33,38 %	34,65 %	36,81 %