HB MALERSERVICE AS

1637 GAMLE FREDRIKSTAD

Finances

Return on Equity

10,71 %

Current Ratio

1,45

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 869 000	5 890 000	4 422 000	3 846 000
Net Income	289 000	1 127 000	412 000	−287 000
Total Assets	4 056 000	4 019 000	2 993 000	1 757 000
Total Equity	2 699 000	2 411 000	1 284 000	871 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 869 000	5 890 000	4 422 000	3 846 000
Expenditure	4 489 000	4 419 000	3 953 000	4 132 000
Operating Profit	385 000	1 471 000	469 000	−286 000
Financial Income	6 000	6 000	4 000	5 000
Financial Costs	20 000	33 000	28 000	7 000
Financial Balance	−14 000	−27 000	−24 000	−2 000
Earnings Before Tax	370 000	1 444 000	446 000	−287 000
Tax	82 000	317 000	34 000	0
Net Income	289 000	1 127 000	412 000	−287 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 474 000	2 550 000	582 000	120 000
Total Current Assets	1 582 000	1 470 000	2 411 000	1 637 000
Total Assets	4 056 000	4 019 000	2 993 000	1 757 000
Total Retained Equity	2 669 000	2 381 000	1 254 000	841 000
Total Equity	2 699 000	2 411 000	1 284 000	871 000
Total Long-Term Debt	266 000	370 000	486 000	0
Total Current Debt	1 091 000	1 239 000	1 223 000	885 000
Total Equity and Debt	4 056 000	4 019 000	2 993 000	1 757 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 869 000	5 781 000	4 422 000	3 846 000
Other Income	0	109 000	0	0
Revenue	4 869 000	5 890 000	4 422 000	3 846 000
Cost of Goods Sold	1 133 000	818 000	921 000	1 031 000
Salary Costs	2 514 000	2 904 000	2 443 000	2 744 000
Depreciation	174 000	152 000	150 000	71 000
Impairment	0	0	0	0
Expenditure	4 489 000	4 419 000	3 953 000	4 132 000
Operating Profit	385 000	1 471 000	469 000	−286 000
Financial Income	6 000	6 000	4 000	5 000
Financial Costs	20 000	33 000	28 000	7 000
Financial Balance	−14 000	−27 000	−24 000	−2 000
Dividends	0	0	0	0
Net Income	289 000	1 127 000	412 000	−287 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	39 000	0	0	0
Fixtures	431 000	550 000	582 000	120 000
Total Tangible Assets	470 000	550 000	582 000	120 000
Total Fiancial Fixed Assets	2 000 000	2 000 000	0	0
Total Fixed Assets	2 474 000	2 550 000	582 000	120 000
Stock	12 000	8 000	6 000	4 000
Total Investments	10 000	10 000	0	0
Cash, Bank	723 000	1 325 000	1 218 000	1 323 000
Total Current Assets	1 582 000	1 470 000	2 411 000	1 637 000
Total Assets	4 056 000	4 019 000	2 993 000	1 757 000
Total Equity	2 699 000	2 411 000	1 284 000	871 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	266 000	370 000	486 000	0
Creditors	105 000	55 000	93 000	112 000
Unpaid Taxes	259 000	327 000	607 000	295 000
Dividends	0	0	0	0
Other Current Debt	639 000	543 000	489 000	478 000
Total Current Debt	1 091 000	1 239 000	1 223 000	885 000
Total Equity and Debt	4 056 000	4 019 000	2 993 000	1 757 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,71 %	46,74 %	32,09 %	−32,95 %
Debt-to-Equity Ratio	0,1	0,15	0,38	0
Operating Profit Margin	7,91 %	24,97 %	10,61 %	−7,44 %
Current Ratio	1,45	1,19	1,97	1,85
Quick Ratio	1,47	1,19	1,98	1,86
Equity Ratio	0,67	0,6	0,43	0,5
Gross Profit Margin	76,73 %	86,11 %	79,17 %	73,19 %