HORDALAND BIL- OG UTLEIESERVICE AS

5382 SKOGSVÅG

Finances

Share Ownership

Return on Equity

57,28 %

Current Ratio

2,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 037 000	2 416 000	3 273 000	3 911 000
Net Income	295 000	−84 000	39 000	103 000
Total Assets	785 000	416 000	422 000	446 000
Total Equity	515 000	220 000	303 000	264 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 037 000	2 416 000	3 273 000	3 911 000
Expenditure	2 681 000	2 501 000	3 224 000	3 780 000
Operating Profit	356 000	−86 000	49 000	132 000
Financial Income	0	3 000	3 000	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	2 000	2 000	−1 000
Earnings Before Tax	355 000	−84 000	51 000	131 000
Tax	60 000	0	12 000	29 000
Net Income	295 000	−84 000	39 000	103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	19 000	87 000	104 000	86 000
Total Current Assets	766 000	329 000	318 000	360 000
Total Assets	785 000	416 000	422 000	446 000
Total Retained Equity	485 000	190 000	273 000	234 000
Total Equity	515 000	220 000	303 000	264 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	270 000	197 000	119 000	182 000
Total Equity and Debt	785 000	416 000	422 000	446 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 029 000	2 393 000	3 262 000	3 911 000
Other Income	8 000	22 000	10 000	0
Revenue	3 037 000	2 416 000	3 273 000	3 911 000
Cost of Goods Sold	1 938 000	1 748 000	2 466 000	2 824 000
Salary Costs	553 000	553 000	503 000	484 000
Depreciation	4 000	14 000	17 000	22 000
Impairment	0	0	0	0
Expenditure	2 681 000	2 501 000	3 224 000	3 780 000
Operating Profit	356 000	−86 000	49 000	132 000
Financial Income	0	3 000	3 000	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	2 000	2 000	−1 000
Dividends	0	0	0	0
Net Income	295 000	−84 000	39 000	103 000

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	0	0	0	0
Fixtures	17 000	55 000	69 000	86 000
Total Tangible Assets	17 000	55 000	69 000	86 000
Total Fiancial Fixed Assets	2 000	32 000	35 000	0
Total Fixed Assets	19 000	87 000	104 000	86 000
Stock	140 000	280 000	250 000	170 000
Total Investments	0	0	0	0
Cash, Bank	614 000	37 000	54 000	143 000
Total Current Assets	766 000	329 000	318 000	360 000
Total Assets	785 000	416 000	422 000	446 000
Total Equity	515 000	220 000	303 000	264 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	1 000	2 000	5 000
Unpaid Taxes	33 000	34 000	34 000	36 000
Dividends	0	0	0	0
Other Current Debt	169 000	162 000	71 000	112 000
Total Current Debt	270 000	197 000	119 000	182 000
Total Equity and Debt	785 000	416 000	422 000	446 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,28 %	−38,18 %	12,87 %	39,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,72 %	−3,56 %	1,5 %	3,38 %
Current Ratio	2,84	1,67	2,67	1,98
Quick Ratio	5,89	−3,96	−2,43	30
Equity Ratio	0,66	0,53	0,72	0,59
Gross Profit Margin	36,19 %	27,65 %	24,66 %	27,79 %