HADELAND RØRSERVICE AS

2760 BRANDBU

Finances

Share Ownership

Return on Equity

28,4 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	554 000	590 000	1 696 000	263 000
Net Income	23 000	−41 000	107 000	−52 000
Total Assets	533 000	337 000	367 000	115 000
Total Equity	81 000	58 000	99 000	−8 000

Income (NOK)	2021	2020	2019	2018
Revenue	554 000	590 000	1 696 000	263 000
Expenditure	515 000	631 000	1 572 000	303 000
Operating Profit	39 000	−41 000	124 000	−41 000
Financial Income	0	0	0	0
Financial Costs	16 000	0	2 000	15 000
Financial Balance	−16 000	0	−2 000	−15 000
Earnings Before Tax	23 000	−41 000	121 000	−56 000
Tax	0	0	14 000	−4 000
Net Income	23 000	−41 000	107 000	−52 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	533 000	337 000	367 000	115 000
Total Assets	533 000	337 000	367 000	115 000
Total Retained Equity	51 000	28 000	69 000	−38 000
Total Equity	81 000	58 000	99 000	−8 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	453 000	279 000	268 000	124 000
Total Equity and Debt	533 000	337 000	367 000	115 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	554 000	590 000	1 696 000	263 000
Other Income	0	0	0	0
Revenue	554 000	590 000	1 696 000	263 000
Cost of Goods Sold	457 000	261 000	883 000	90 000
Salary Costs	1 000	0	300 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	515 000	631 000	1 572 000	303 000
Operating Profit	39 000	−41 000	124 000	−41 000
Financial Income	0	0	0	0
Financial Costs	16 000	0	2 000	15 000
Financial Balance	−16 000	0	−2 000	−15 000
Dividends	0	0	0	0
Net Income	23 000	−41 000	107 000	−52 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	35 000	16 000	101 000	24 000
Total Current Assets	533 000	337 000	367 000	115 000
Total Assets	533 000	337 000	367 000	115 000
Total Equity	81 000	58 000	99 000	−8 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	59 000	17 000	22 000	−83 000
Unpaid Taxes	135 000	54 000	158 000	104 000
Dividends	0	0	0	0
Other Current Debt	250 000	200 000	80 000	102 000
Total Current Debt	453 000	279 000	268 000	124 000
Total Equity and Debt	533 000	337 000	367 000	115 000

Financial indicators	2021	2020	2019	2018
Return on Equity	28,4 %	−70,69 %	108,08 %	650 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	7,04 %	−6,95 %	7,31 %	−15,59 %
Current Ratio	1,18	1,21	1,37	0,93
Quick Ratio	1,18	1,21	1,37	0,93
Equity Ratio	0,15	0,17	0,27	−0,07
Gross Profit Margin	17,51 %	55,76 %	47,94 %	65,78 %