HORDALAND RØRINSPEKSJON AS

5226 NESTTUN

Finances

Share Ownership

Return on Equity

33,14 %

Current Ratio

4,27

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 794 000	1 467 000	1 863 000	1 123 000
Net Income	233 000	51 000	81 000	9 000
Total Assets	1 284 000	1 068 000	557 000	583 000
Total Equity	703 000	469 000	419 000	337 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 794 000	1 467 000	1 863 000	1 123 000
Expenditure	1 484 000	1 385 000	1 753 000	1 099 000
Operating Profit	319 000	68 000	109 000	24 000
Financial Income	0	0	0	0
Financial Costs	20 000	3 000	5 000	12 000
Financial Balance	−20 000	−3 000	−5 000	−12 000
Earnings Before Tax	299 000	65 000	104 000	12 000
Tax	66 000	14 000	23 000	3 000
Net Income	233 000	51 000	81 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	588 000	617 000	198 000	253 000
Total Current Assets	696 000	451 000	359 000	330 000
Total Assets	1 284 000	1 068 000	557 000	583 000
Total Retained Equity	673 000	439 000	389 000	307 000
Total Equity	703 000	469 000	419 000	337 000
Total Long-Term Debt	418 000	538 000	0	138 000
Total Current Debt	163 000	61 000	138 000	107 000
Total Equity and Debt	1 284 000	1 068 000	557 000	583 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 794 000	1 422 000	1 863 000	1 123 000
Other Income	0	45 000	0	0
Revenue	1 794 000	1 467 000	1 863 000	1 123 000
Cost of Goods Sold	363 000	264 000	665 000	294 000
Salary Costs	327 000	151 000	195 000	296 000
Depreciation	120 000	151 000	54 000	71 000
Impairment	0	0	0	0
Expenditure	1 484 000	1 385 000	1 753 000	1 099 000
Operating Profit	319 000	68 000	109 000	24 000
Financial Income	0	0	0	0
Financial Costs	20 000	3 000	5 000	12 000
Financial Balance	−20 000	−3 000	−5 000	−12 000
Dividends	0	0	0	0
Net Income	233 000	51 000	81 000	9 000

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	536 000	574 000	175 000	229 000
Total Tangible Assets	536 000	574 000	175 000	229 000
Total Fiancial Fixed Assets	52 000	43 000	23 000	24 000
Total Fixed Assets	588 000	617 000	198 000	253 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	151 000	117 000	159 000	55 000
Total Current Assets	696 000	451 000	359 000	330 000
Total Assets	1 284 000	1 068 000	557 000	583 000
Total Equity	703 000	469 000	419 000	337 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	418 000	538 000	0	138 000
Creditors	4 000	2 000	7 000	11 000
Unpaid Taxes	67 000	32 000	92 000	70 000
Dividends	0	0	0	0
Other Current Debt	27 000	12 000	16 000	24 000
Total Current Debt	163 000	61 000	138 000	107 000
Total Equity and Debt	1 284 000	1 068 000	557 000	583 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,14 %	10,87 %	19,33 %	2,67 %
Debt-to-Equity Ratio	0,59	1,15	0	0,41
Operating Profit Margin	17,78 %	4,64 %	5,85 %	2,14 %
Current Ratio	4,27	7,39	2,6	3,08
Quick Ratio	4,27	7,39	2,6	3,08
Equity Ratio	0,55	0,44	0,75	0,58
Gross Profit Margin	79,77 %	82 %	64,3 %	73,82 %