HORDALAND MALER SERVICE AS

5229 KALANDSEIDET

Finances

Share Ownership

Return on Equity

96,49 %

Current Ratio

1,58

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 745 000	3 124 000	3 201 000	3 059 000
Net Income	1 045 000	209 000	−385 000	111 000
Total Assets	2 666 000	914 000	780 000	859 000
Total Equity	1 083 000	38 000	−171 000	214 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 745 000	3 124 000	3 201 000	3 059 000
Expenditure	6 439 000	2 896 000	3 580 000	2 919 000
Operating Profit	1 306 000	228 000	−379 000	140 000
Financial Income	0	0	0	0
Financial Costs	19 000	19 000	22 000	14 000
Financial Balance	−19 000	−19 000	−22 000	−14 000
Earnings Before Tax	1 287 000	209 000	−401 000	127 000
Tax	241 000	0	−16 000	16 000
Net Income	1 045 000	209 000	−385 000	111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	424 000	491 000	559 000	254 000
Total Current Assets	2 243 000	423 000	222 000	605 000
Total Assets	2 666 000	914 000	780 000	859 000
Total Retained Equity	1 053 000	8 000	−201 000	184 000
Total Equity	1 083 000	38 000	−171 000	214 000
Total Long-Term Debt	162 000	281 000	501 000	178 000
Total Current Debt	1 421 000	596 000	450 000	467 000
Total Equity and Debt	2 666 000	914 000	780 000	859 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 745 000	3 124 000	3 201 000	3 059 000
Other Income	0	0	0	0
Revenue	7 745 000	3 124 000	3 201 000	3 059 000
Cost of Goods Sold	3 073 000	590 000	578 000	512 000
Salary Costs	2 535 000	1 591 000	2 370 000	1 779 000
Depreciation	68 000	68 000	81 000	29 000
Impairment	0	0	0	0
Expenditure	6 439 000	2 896 000	3 580 000	2 919 000
Operating Profit	1 306 000	228 000	−379 000	140 000
Financial Income	0	0	0	0
Financial Costs	19 000	19 000	22 000	14 000
Financial Balance	−19 000	−19 000	−22 000	−14 000
Dividends	0	0	0	0
Net Income	1 045 000	209 000	−385 000	111 000

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	424 000	491 000	559 000	254 000
Total Tangible Assets	424 000	491 000	559 000	254 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	424 000	491 000	559 000	254 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	176 000	27 000	80 000	345 000
Total Current Assets	2 243 000	423 000	222 000	605 000
Total Assets	2 666 000	914 000	780 000	859 000
Total Equity	1 083 000	38 000	−171 000	214 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	162 000	281 000	501 000	178 000
Creditors	227 000	261 000	31 000	44 000
Unpaid Taxes	471 000	189 000	239 000	257 000
Dividends	0	0	0	0
Other Current Debt	483 000	146 000	196 000	150 000
Total Current Debt	1 421 000	596 000	450 000	467 000
Total Equity and Debt	2 666 000	914 000	780 000	859 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,49 %	550 %	225,15 %	51,87 %
Debt-to-Equity Ratio	0,15	7,39	−2,93	0,83
Operating Profit Margin	16,86 %	7,3 %	−11,84 %	4,58 %
Current Ratio	1,58	0,71	0,49	1,3
Quick Ratio	1,58	0,71	0,49	1,3
Equity Ratio	0,41	0,04	−0,22	0,25
Gross Profit Margin	60,32 %	81,11 %	81,94 %	83,26 %