H&H MOTOR AS

4544 FOSSDAL

Finances

Share Ownership

Return on Equity

8,4 %

Current Ratio

1,7

Debt-to-Equity Ratio

0,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 188 000	25 199 000	21 749 000	23 902 000
Net Income	387 000	1 452 000	509 000	719 000
Total Assets	17 754 000	13 989 000	10 699 000	11 847 000
Total Equity	4 608 000	4 221 000	2 769 000	2 260 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 188 000	25 199 000	21 749 000	23 902 000
Expenditure	25 485 000	23 173 000	20 912 000	22 902 000
Operating Profit	703 000	2 026 000	837 000	1 001 000
Financial Income	6 000	19 000	29 000	59 000
Financial Costs	212 000	183 000	214 000	138 000
Financial Balance	−206 000	−164 000	−185 000	−79 000
Earnings Before Tax	497 000	1 862 000	652 000	922 000
Tax	109 000	410 000	144 000	203 000
Net Income	387 000	1 452 000	509 000	719 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 762 000	1 367 000	842 000	453 000
Total Current Assets	15 992 000	12 622 000	9 856 000	11 395 000
Total Assets	17 754 000	13 989 000	10 699 000	11 847 000
Total Retained Equity	2 528 000	2 141 000	689 000	2 230 000
Total Equity	4 608 000	4 221 000	2 769 000	2 260 000
Total Long-Term Debt	3 748 000	291 000	370 000	51 000
Total Current Debt	9 398 000	9 478 000	7 560 000	9 536 000
Total Equity and Debt	17 754 000	13 989 000	10 699 000	11 847 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 883 000	25 003 000	21 592 000	23 708 000
Other Income	305 000	196 000	157 000	194 000
Revenue	26 188 000	25 199 000	21 749 000	23 902 000
Cost of Goods Sold	20 487 000	18 897 000	17 882 000	20 060 000
Salary Costs	2 649 000	2 466 000	1 737 000	1 423 000
Depreciation	308 000	116 000	44 000	88 000
Impairment	0	0	0	0
Expenditure	25 485 000	23 173 000	20 912 000	22 902 000
Operating Profit	703 000	2 026 000	837 000	1 001 000
Financial Income	6 000	19 000	29 000	59 000
Financial Costs	212 000	183 000	214 000	138 000
Financial Balance	−206 000	−164 000	−185 000	−79 000
Dividends	0	0	0	0
Net Income	387 000	1 452 000	509 000	719 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	246 000	234 000	250 000	258 000
Real Eastate	61 000	0	0	0
Machinery and Plant Facilities	779 000	271 000	132 000	51 000
Fixtures	414 000	475 000	0	0
Total Tangible Assets	1 454 000	1 024 000	487 000	51 000
Total Fiancial Fixed Assets	61 000	110 000	106 000	144 000
Total Fixed Assets	1 762 000	1 367 000	842 000	453 000
Stock	11 846 000	10 059 000	8 889 000	9 810 000
Total Investments	0	0	0	0
Cash, Bank	346 000	157 000	72 000	44 000
Total Current Assets	15 992 000	12 622 000	9 856 000	11 395 000
Total Assets	17 754 000	13 989 000	10 699 000	11 847 000
Total Equity	4 608 000	4 221 000	2 769 000	2 260 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 748 000	291 000	370 000	51 000
Creditors	7 947 000	6 578 000	4 111 000	7 056 000
Unpaid Taxes	149 000	160 000	284 000	129 000
Dividends	0	0	0	0
Other Current Debt	1 180 000	1 689 000	1 470 000	1 718 000
Total Current Debt	9 398 000	9 478 000	7 560 000	9 536 000
Total Equity and Debt	17 754 000	13 989 000	10 699 000	11 847 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,4 %	34,4 %	18,38 %	31,81 %
Debt-to-Equity Ratio	0,81	0,07	0,13	0,02
Operating Profit Margin	2,68 %	8,04 %	3,85 %	4,19 %
Current Ratio	1,7	1,33	1,3	1,19
Quick Ratio	−6,53	−21,72	−7,42	−41,59
Equity Ratio	0,26	0,3	0,26	0,19
Gross Profit Margin	21,77 %	25,01 %	17,78 %	16,07 %