HRS HOLDING AS

4480 KVINESDAL

Finances

Return on Equity

81,5 %

Current Ratio

2,5

Debt-to-Equity Ratio

1,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 895 000	1 907 000	1 723 000	1 653 000
Net Income	467 000	48 000	36 000	−110 000
Total Assets	2 057 000	1 331 000	855 000	1 043 000
Total Equity	573 000	171 000	123 000	87 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 895 000	1 907 000	1 723 000	1 653 000
Expenditure	3 186 000	1 823 000	1 652 000	1 750 000
Operating Profit	709 000	84 000	71 000	−98 000
Financial Income	0	0	0	1 000
Financial Costs	49 000	37 000	35 000	21 000
Financial Balance	−49 000	−37 000	−35 000	−20 000
Earnings Before Tax	660 000	48 000	36 000	−117 000
Tax	193 000	0	0	−8 000
Net Income	467 000	48 000	36 000	−110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	547 000	585 000	131 000	144 000
Total Current Assets	1 510 000	746 000	724 000	898 000
Total Assets	2 057 000	1 331 000	855 000	1 043 000
Total Retained Equity	553 000	151 000	103 000	67 000
Total Equity	573 000	171 000	123 000	87 000
Total Long-Term Debt	879 000	905 000	536 000	550 000
Total Current Debt	605 000	255 000	196 000	406 000
Total Equity and Debt	2 057 000	1 331 000	855 000	1 043 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 590 000	1 907 000	1 723 000	1 648 000
Other Income	305 000	0	0	5 000
Revenue	3 895 000	1 907 000	1 723 000	1 653 000
Cost of Goods Sold	1 994 000	823 000	536 000	1 001 000
Salary Costs	762 000	595 000	735 000	370 000
Depreciation	12 000	13 000	13 000	9 000
Impairment	0	0	0	0
Expenditure	3 186 000	1 823 000	1 652 000	1 750 000
Operating Profit	709 000	84 000	71 000	−98 000
Financial Income	0	0	0	1 000
Financial Costs	49 000	37 000	35 000	21 000
Financial Balance	−49 000	−37 000	−35 000	−20 000
Dividends	0	0	0	0
Net Income	467 000	48 000	36 000	−110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	467 000	467 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	98 000	111 000	124 000
Total Tangible Assets	467 000	565 000	111 000	124 000
Total Fiancial Fixed Assets	80 000	20 000	20 000	20 000
Total Fixed Assets	547 000	585 000	131 000	144 000
Stock	0	498 000	464 000	414 000
Total Investments	0	0	0	0
Cash, Bank	199 000	7 000	150 000	297 000
Total Current Assets	1 510 000	746 000	724 000	898 000
Total Assets	2 057 000	1 331 000	855 000	1 043 000
Total Equity	573 000	171 000	123 000	87 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	879 000	905 000	536 000	550 000
Creditors	−6 000	13 000	−8 000	227 000
Unpaid Taxes	217 000	87 000	127 000	144 000
Dividends	0	0	0	0
Other Current Debt	280 000	131 000	77 000	36 000
Total Current Debt	605 000	255 000	196 000	406 000
Total Equity and Debt	2 057 000	1 331 000	855 000	1 043 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,5 %	28,07 %	29,27 %	−126,44 %
Debt-to-Equity Ratio	1,53	5,29	4,36	6,32
Operating Profit Margin	18,2 %	4,4 %	4,12 %	−5,93 %
Current Ratio	2,5	2,93	3,69	2,21
Quick Ratio	2,5	−3,07	−2,7	−112,25
Equity Ratio	0,28	0,13	0,14	0,08
Gross Profit Margin	48,81 %	56,84 %	68,89 %	39,44 %