XH MALERSERVICE AS

7019 TRONDHEIM

Finances

Share Ownership

Return on Equity

81,43 %

Current Ratio

1,34

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 388 000	9 169 000	7 185 000	8 076 000
Net Income	1 004 000	317 000	76 000	202 000
Total Assets	3 999 000	2 739 000	2 078 000	2 196 000
Total Equity	1 233 000	479 000	562 000	686 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 388 000	9 169 000	7 185 000	8 076 000
Expenditure	10 117 000	8 764 000	7 065 000	7 816 000
Operating Profit	1 271 000	405 000	120 000	259 000
Financial Income	7 000	0	3 000	1 000
Financial Costs	5 000	8 000	2 000	1 000
Financial Balance	2 000	−8 000	1 000	0
Earnings Before Tax	1 273 000	397 000	122 000	259 000
Tax	269 000	80 000	46 000	57 000
Net Income	1 004 000	317 000	76 000	202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	399 000	308 000	110 000	100 000
Total Current Assets	3 599 000	2 431 000	1 968 000	2 097 000
Total Assets	3 999 000	2 739 000	2 078 000	2 196 000
Total Retained Equity	1 218 000	464 000	548 000	672 000
Total Equity	1 233 000	479 000	562 000	686 000
Total Long-Term Debt	73 000	91 000	0	4 000
Total Current Debt	2 693 000	2 169 000	1 516 000	1 506 000
Total Equity and Debt	3 999 000	2 739 000	2 078 000	2 196 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 341 000	9 233 000	7 266 000	8 057 000
Other Income	47 000	−64 000	−81 000	19 000
Revenue	11 388 000	9 169 000	7 185 000	8 076 000
Cost of Goods Sold	2 831 000	2 821 000	2 335 000	2 868 000
Salary Costs	6 497 000	5 308 000	4 102 000	4 305 000
Depreciation	104 000	76 000	38 000	39 000
Impairment	0	0	0	0
Expenditure	10 117 000	8 764 000	7 065 000	7 816 000
Operating Profit	1 271 000	405 000	120 000	259 000
Financial Income	7 000	0	3 000	1 000
Financial Costs	5 000	8 000	2 000	1 000
Financial Balance	2 000	−8 000	1 000	0
Dividends	100 000	0	150 000	100 000
Net Income	1 004 000	317 000	76 000	202 000

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	283 000	230 000	95 000	80 000
Fixtures	117 000	79 000	15 000	19 000
Total Tangible Assets	399 000	308 000	110 000	100 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	399 000	308 000	110 000	100 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 593 000	1 319 000	1 198 000	727 000
Total Current Assets	3 599 000	2 431 000	1 968 000	2 097 000
Total Assets	3 999 000	2 739 000	2 078 000	2 196 000
Total Equity	1 233 000	479 000	562 000	686 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	73 000	91 000	0	4 000
Creditors	81 000	465 000	103 000	372 000
Unpaid Taxes	936 000	790 000	599 000	580 000
Dividends	100 000	0	150 000	100 000
Other Current Debt	1 308 000	453 000	614 000	397 000
Total Current Debt	2 693 000	2 169 000	1 516 000	1 506 000
Total Equity and Debt	3 999 000	2 739 000	2 078 000	2 196 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,43 %	66,18 %	13,52 %	29,45 %
Debt-to-Equity Ratio	0,06	0,19	0	0,01
Operating Profit Margin	11,16 %	4,42 %	1,67 %	3,21 %
Current Ratio	1,34	1,12	1,3	1,39
Quick Ratio	1,34	1,12	1,3	1,39
Equity Ratio	0,31	0,17	0,27	0,31
Gross Profit Margin	75,14 %	69,23 %	67,5 %	64,49 %