HØSTLAND AUTO AS

7670 INDERØY

Finances

Return on Equity

14,79 %

Current Ratio

4,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 941 000	6 678 000	5 718 000	5 742 000
Net Income	1 276 000	1 295 000	938 000	829 000
Total Assets	9 536 000	8 980 000	8 153 000	7 256 000
Total Equity	8 625 000	7 348 000	6 554 000	5 615 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 941 000	6 678 000	5 718 000	5 742 000
Expenditure	5 464 000	5 007 000	4 487 000	4 659 000
Operating Profit	1 477 000	1 664 000	1 231 000	1 082 000
Financial Income	135 000	6 000	10 000	13 000
Financial Costs	2 000	4 000	39 000	29 000
Financial Balance	133 000	2 000	−29 000	−16 000
Earnings Before Tax	1 610 000	1 665 000	1 203 000	1 066 000
Tax	333 000	370 000	265 000	237 000
Net Income	1 276 000	1 295 000	938 000	829 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 291 000	5 691 000	6 058 000	5 783 000
Total Current Assets	4 245 000	3 289 000	2 096 000	1 473 000
Total Assets	9 536 000	8 980 000	8 153 000	7 256 000
Total Retained Equity	8 582 000	7 305 000	6 511 000	5 572 000
Total Equity	8 625 000	7 348 000	6 554 000	5 615 000
Total Long-Term Debt	23 000	46 000	1 021 000	995 000
Total Current Debt	889 000	1 586 000	578 000	646 000
Total Equity and Debt	9 536 000	8 980 000	8 153 000	7 256 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 941 000	6 678 000	5 712 000	5 738 000
Other Income	0	0	6 000	4 000
Revenue	6 941 000	6 678 000	5 718 000	5 742 000
Cost of Goods Sold	2 963 000	2 681 000	2 345 000	2 216 000
Salary Costs	1 464 000	1 458 000	1 310 000	1 560 000
Depreciation	400 000	396 000	342 000	314 000
Impairment	0	0	0	0
Expenditure	5 464 000	5 007 000	4 487 000	4 659 000
Operating Profit	1 477 000	1 664 000	1 231 000	1 082 000
Financial Income	135 000	6 000	10 000	13 000
Financial Costs	2 000	4 000	39 000	29 000
Financial Balance	133 000	2 000	−29 000	−16 000
Dividends	0	500 000	0	0
Net Income	1 276 000	1 295 000	938 000	829 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 115 000	5 445 000	5 773 000	5 723 000
Machinery and Plant Facilities	176 000	247 000	285 000	0
Fixtures	0	0	0	60 000
Total Tangible Assets	5 291 000	5 691 000	6 058 000	5 783 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 291 000	5 691 000	6 058 000	5 783 000
Stock	28 000	10 000	17 000	0
Total Investments	1 544 000	0	0	0
Cash, Bank	2 509 000	3 061 000	1 885 000	1 251 000
Total Current Assets	4 245 000	3 289 000	2 096 000	1 473 000
Total Assets	9 536 000	8 980 000	8 153 000	7 256 000
Total Equity	8 625 000	7 348 000	6 554 000	5 615 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 000	46 000	1 021 000	995 000
Creditors	130 000	275 000	88 000	60 000
Unpaid Taxes	285 000	305 000	134 000	216 000
Dividends	0	500 000	0	0
Other Current Debt	119 000	120 000	120 000	126 000
Total Current Debt	889 000	1 586 000	578 000	646 000
Total Equity and Debt	9 536 000	8 980 000	8 153 000	7 256 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,79 %	17,62 %	14,31 %	14,76 %
Debt-to-Equity Ratio	0	0,01	0,16	0,18
Operating Profit Margin	21,28 %	24,92 %	21,53 %	18,84 %
Current Ratio	4,78	2,07	3,63	2,28
Quick Ratio	4,93	2,09	3,74	2,28
Equity Ratio	0,9	0,82	0,8	0,77
Gross Profit Margin	57,31 %	59,85 %	58,99 %	61,41 %