HOWDEN NORWAY BERGEN AS
The operating margin in 2023 was 34.1 %
The accounts cover less than a full year, most likely the first period after incorporation. Both revenue and margin then mean something different from a full year of trading, so a comparison against other companies would mislead.
Key figures 2023
- Revenue
- 46.9 m kr
- Operating profit
- 16 m kr
- Operating margin
- 34.1 %
- Equity ratio
- 3.3 %
- Equity
- 675,000 kr
The industry
We cannot compare this company
The accounts cover less than a full year, most likely the first period after incorporation. Both revenue and margin then mean something different from a full year of trading, so a comparison against other companies would mislead.
How the company stands
Margin says how it went, the balance sheet says how the company stands
Two companies on the same margin can be in entirely different situations. These figures come from the balance sheet and say something about how well the company would take a bad quarter.
- 0.9Current ratioWorth a look
- What the company owes within the year is larger than what it holds to pay it. This is the most common reason otherwise healthy companies get into trouble. How many kroner the company holds in current assets for every krone falling due within the year. Below 1 means the bills coming due are larger than what there is to pay them with.
- 29.7Debt to equityWorth a look
- The debt is large against the equity, so little needs to go wrong before the company depends on its bank's goodwill. How many kroner of debt the company carries per krone of equity. Lower is safer.
- 339.1Interest coverStrong
- Interest is a small part of what the company earns. How many times the operating result covers the interest the company pays.
- 175,000 krRetained earningsSound
- The company has earned money over time, but less than was put in. How much the company has earned and kept across its whole life, beyond what the owners put in.
Next step
The figures say where the company stands, not why
The accounts show the result of how the company is run, but say nothing about where in the working day the time and the money disappear. That is only found by walking through the flow itself, from the job coming in to the money being on the account.