HJERTESPESIALIST TORSTEIN VALBORGLAND AS

4006 STAVANGER

Finances

Return on Equity

8 253,33 %

Current Ratio

0,52

Debt-to-Equity Ratio

2,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 686 000	7 199 000	7 219 000	6 746 000
Net Income	2 476 000	1 679 000	2 490 000	1 902 000
Total Assets	3 659 000	3 868 000	5 250 000	4 961 000
Total Equity	30 000	30 000	34 000	40 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 686 000	7 199 000	7 219 000	6 746 000
Expenditure	4 497 000	5 011 000	3 965 000	4 214 000
Operating Profit	3 189 000	2 189 000	3 254 000	2 533 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	15 000	30 000	59 000	95 000
Financial Balance	−14 000	−30 000	−58 000	−94 000
Earnings Before Tax	3 175 000	2 159 000	3 195 000	2 439 000
Tax	699 000	480 000	706 000	538 000
Net Income	2 476 000	1 679 000	2 490 000	1 902 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 826 000	2 249 000	2 712 000	2 416 000
Total Current Assets	1 834 000	1 619 000	2 538 000	2 545 000
Total Assets	3 659 000	3 868 000	5 250 000	4 961 000
Total Retained Equity	0	0	4 000	10 000
Total Equity	30 000	30 000	34 000	40 000
Total Long-Term Debt	73 000	1 023 000	1 555 000	2 035 000
Total Current Debt	3 557 000	2 815 000	3 661 000	2 886 000
Total Equity and Debt	3 659 000	3 868 000	5 250 000	4 961 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 686 000	7 199 000	7 219 000	5 368 000
Other Income	0	0	0	1 379 000
Revenue	7 686 000	7 199 000	7 219 000	6 746 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 903 000	1 880 000	1 849 000	1 853 000
Depreciation	484 000	562 000	484 000	453 000
Impairment	0	0	0	0
Expenditure	4 497 000	5 011 000	3 965 000	4 214 000
Operating Profit	3 189 000	2 189 000	3 254 000	2 533 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	15 000	30 000	59 000	95 000
Financial Balance	−14 000	−30 000	−58 000	−94 000
Dividends	2 437 000	1 662 000	2 480 000	1 880 000
Net Income	2 476 000	1 679 000	2 490 000	1 902 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	825 000	1 005 000	1 185 000	1 365 000
Total Intangible Assets	825 000	1 005 000	1 185 000	1 365 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	985 000	1 228 000	1 511 000	1 035 000
Total Tangible Assets	985 000	1 228 000	1 511 000	1 035 000
Total Fiancial Fixed Assets	16 000	16 000	16 000	16 000
Total Fixed Assets	1 826 000	2 249 000	2 712 000	2 416 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 644 000	1 197 000	2 241 000	2 440 000
Total Current Assets	1 834 000	1 619 000	2 538 000	2 545 000
Total Assets	3 659 000	3 868 000	5 250 000	4 961 000
Total Equity	30 000	30 000	34 000	40 000
Short-Term Group Debt	82 000	27 000	20 000	22 000
Total Long-Term Debt	73 000	1 023 000	1 555 000	2 035 000
Creditors	61 000	296 000	182 000	71 000
Unpaid Taxes	98 000	129 000	128 000	114 000
Dividends	2 437 000	1 662 000	2 480 000	1 880 000
Other Current Debt	160 000	196 000	171 000	271 000
Total Current Debt	3 557 000	2 815 000	3 661 000	2 886 000
Total Equity and Debt	3 659 000	3 868 000	5 250 000	4 961 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8 253,33 %	5 596,67 %	7 323,53 %	4 755 %
Debt-to-Equity Ratio	2,43	34,1	45,74	50,88
Operating Profit Margin	41,49 %	30,41 %	45,08 %	37,55 %
Current Ratio	0,52	0,58	0,69	0,88
Quick Ratio	0,52	0,58	0,69	0,88
Equity Ratio	0,01	0,01	0,01	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %