H2 RØR AS

4073 RANDABERG

Finances

Return on Equity

−15,85 %

Current Ratio

1,56

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 470 000	9 461 000	7 031 000	7 894 000
Net Income	−164 000	572 000	49 000	297 000
Total Assets	2 376 000	2 568 000	1 513 000	1 703 000
Total Equity	1 035 000	1 200 000	628 000	779 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 470 000	9 461 000	7 031 000	7 894 000
Expenditure	9 714 000	8 744 000	6 985 000	7 510 000
Operating Profit	−243 000	718 000	46 000	383 000
Financial Income	39 000	19 000	19 000	9 000
Financial Costs	17 000	8 000	7 000	13 000
Financial Balance	22 000	11 000	12 000	−4 000
Earnings Before Tax	−221 000	728 000	58 000	379 000
Tax	−57 000	156 000	9 000	82 000
Net Income	−164 000	572 000	49 000	297 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	412 000	227 000	196 000	195 000
Total Current Assets	1 964 000	2 341 000	1 317 000	1 508 000
Total Assets	2 376 000	2 568 000	1 513 000	1 703 000
Total Retained Equity	935 000	1 100 000	528 000	679 000
Total Equity	1 035 000	1 200 000	628 000	779 000
Total Long-Term Debt	80 000	0	0	0
Total Current Debt	1 261 000	1 368 000	885 000	924 000
Total Equity and Debt	2 376 000	2 568 000	1 513 000	1 703 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 470 000	9 461 000	6 839 000	7 894 000
Other Income	0	0	193 000	0
Revenue	9 470 000	9 461 000	7 031 000	7 894 000
Cost of Goods Sold	4 479 000	4 374 000	2 844 000	3 941 000
Salary Costs	3 520 000	2 851 000	2 664 000	2 082 000
Depreciation	4 000	5 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	9 714 000	8 744 000	6 985 000	7 510 000
Operating Profit	−243 000	718 000	46 000	383 000
Financial Income	39 000	19 000	19 000	9 000
Financial Costs	17 000	8 000	7 000	13 000
Financial Balance	22 000	11 000	12 000	−4 000
Dividends	0	0	0	0
Net Income	−164 000	572 000	49 000	297 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	63 000	7 000	26 000	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	3 000	8 000
Fixtures	128 000	0	2 000	6 000
Total Tangible Assets	128 000	0	5 000	14 000
Total Fiancial Fixed Assets	220 000	220 000	165 000	165 000
Total Fixed Assets	412 000	227 000	196 000	195 000
Stock	1 069 000	1 036 000	857 000	813 000
Total Investments	0	0	0	0
Cash, Bank	240 000	415 000	306 000	506 000
Total Current Assets	1 964 000	2 341 000	1 317 000	1 508 000
Total Assets	2 376 000	2 568 000	1 513 000	1 703 000
Total Equity	1 035 000	1 200 000	628 000	779 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	80 000	0	0	0
Creditors	610 000	606 000	308 000	358 000
Unpaid Taxes	373 000	400 000	349 000	306 000
Dividends	0	0	0	0
Other Current Debt	278 000	226 000	209 000	160 000
Total Current Debt	1 261 000	1 368 000	885 000	924 000
Total Equity and Debt	2 376 000	2 568 000	1 513 000	1 703 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,85 %	47,67 %	7,8 %	38,13 %
Debt-to-Equity Ratio	0,08	0	0	0
Operating Profit Margin	−2,57 %	7,59 %	0,65 %	4,85 %
Current Ratio	1,56	1,71	1,49	1,63
Quick Ratio	10,23	7,05	47,04	13,59
Equity Ratio	0,44	0,47	0,42	0,46
Gross Profit Margin	52,7 %	53,77 %	59,55 %	50,08 %