K. HANSEN RØRSERVICE AS

8626 MO I RANA

Finances

Share Ownership

Return on Equity

67,22 %

Current Ratio

1,67

Debt-to-Equity Ratio

1,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 764 000	4 056 000	3 049 000	1 766 000
Net Income	367 000	124 000	128 000	192 000
Total Assets	2 355 000	1 951 000	1 103 000	860 000
Total Equity	546 000	479 000	355 000	227 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 764 000	4 056 000	3 049 000	1 766 000
Expenditure	4 248 000	3 866 000	2 873 000	1 504 000
Operating Profit	517 000	190 000	176 000	263 000
Financial Income	2 000	0	0	0
Financial Costs	48 000	21 000	11 000	15 000
Financial Balance	−46 000	−21 000	−11 000	−15 000
Earnings Before Tax	471 000	169 000	165 000	248 000
Tax	104 000	45 000	37 000	56 000
Net Income	367 000	124 000	128 000	192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	796 000	559 000	84 000	107 000
Total Current Assets	1 559 000	1 392 000	1 020 000	753 000
Total Assets	2 355 000	1 951 000	1 103 000	860 000
Total Retained Equity	506 000	439 000	315 000	187 000
Total Equity	546 000	479 000	355 000	227 000
Total Long-Term Debt	878 000	738 000	140 000	181 000
Total Current Debt	931 000	734 000	608 000	453 000
Total Equity and Debt	2 355 000	1 951 000	1 103 000	860 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 716 000	4 056 000	3 049 000	1 766 000
Other Income	48 000	0	0	0
Revenue	4 764 000	4 056 000	3 049 000	1 766 000
Cost of Goods Sold	2 428 000	1 876 000	1 424 000	800 000
Salary Costs	1 352 000	1 441 000	1 109 000	458 000
Depreciation	91 000	63 000	24 000	12 000
Impairment	0	0	0	0
Expenditure	4 248 000	3 866 000	2 873 000	1 504 000
Operating Profit	517 000	190 000	176 000	263 000
Financial Income	2 000	0	0	0
Financial Costs	48 000	21 000	11 000	15 000
Financial Balance	−46 000	−21 000	−11 000	−15 000
Dividends	0	0	0	0
Net Income	367 000	124 000	128 000	192 000

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	44 000	12 000	16 000	21 000
Fixtures	752 000	547 000	67 000	87 000
Total Tangible Assets	796 000	559 000	84 000	107 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	796 000	559 000	84 000	107 000
Stock	20 000	20 000	30 000	0
Total Investments	0	0	0	0
Cash, Bank	997 000	1 207 000	785 000	564 000
Total Current Assets	1 559 000	1 392 000	1 020 000	753 000
Total Assets	2 355 000	1 951 000	1 103 000	860 000
Total Equity	546 000	479 000	355 000	227 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	878 000	738 000	140 000	181 000
Creditors	541 000	390 000	318 000	244 000
Unpaid Taxes	176 000	172 000	138 000	115 000
Dividends	0	0	0	0
Other Current Debt	136 000	147 000	116 000	43 000
Total Current Debt	931 000	734 000	608 000	453 000
Total Equity and Debt	2 355 000	1 951 000	1 103 000	860 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,22 %	25,89 %	36,06 %	84,58 %
Debt-to-Equity Ratio	1,61	1,54	0,39	0,8
Operating Profit Margin	10,85 %	4,68 %	5,77 %	14,89 %
Current Ratio	1,67	1,9	1,68	1,66
Quick Ratio	1,71	1,95	1,76	1,66
Equity Ratio	0,23	0,25	0,32	0,26
Gross Profit Margin	49,03 %	53,75 %	53,3 %	54,7 %