HORDALAND SVEIS & MONTASJE AS

5160 LAKSEVÅG

Finances

Share Ownership

Return on Equity

117,6 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 544 000	2 522 000	2 225 000	2 261 000
Net Income	461 000	102 000	−107 000	−58 000
Total Assets	943 000	904 000	827 000	1 540 000
Total Equity	392 000	32 000	0	232 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 544 000	2 522 000	2 225 000	2 261 000
Expenditure	2 075 000	2 413 000	2 321 000	2 317 000
Operating Profit	468 000	108 000	−98 000	−58 000
Financial Income	0	1 000	0	0
Financial Costs	7 000	7 000	9 000	0
Financial Balance	−7 000	−6 000	−9 000	0
Earnings Before Tax	461 000	102 000	−107 000	−58 000
Tax	0	0	0	0
Net Income	461 000	102 000	−107 000	−58 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	298 000	334 000	221 000	175 000
Total Current Assets	645 000	570 000	607 000	1 365 000
Total Assets	943 000	904 000	827 000	1 540 000
Total Retained Equity	362 000	2 000	−30 000	202 000
Total Equity	392 000	32 000	0	232 000
Total Long-Term Debt	119 000	441 000	496 000	343 000
Total Current Debt	433 000	432 000	0	965 000
Total Equity and Debt	943 000	904 000	496 000	1 540 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 590 000	2 531 000	2 225 000	2 261 000
Other Income	−46 000	−10 000	0	0
Revenue	2 544 000	2 522 000	2 225 000	2 261 000
Cost of Goods Sold	300 000	431 000	491 000	283 000
Salary Costs	596 000	1 034 000	968 000	1 238 000
Depreciation	90 000	108 000	90 000	36 000
Impairment	0	0	0	0
Expenditure	2 075 000	2 413 000	2 321 000	2 317 000
Operating Profit	468 000	108 000	−98 000	−58 000
Financial Income	0	1 000	0	0
Financial Costs	7 000	7 000	9 000	0
Financial Balance	−7 000	−6 000	−9 000	0
Dividends	0	0	0	0
Net Income	461 000	102 000	−107 000	−58 000

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	148 000	48 000	212 000	0
Fixtures	0	236 000	8 000	175 000
Total Tangible Assets	148 000	284 000	221 000	175 000
Total Fiancial Fixed Assets	150 000	50 000	0	0
Total Fixed Assets	298 000	334 000	221 000	175 000
Stock	125 000	125 000	96 000	0
Total Investments	0	0	0	0
Cash, Bank	342 000	104 000	216 000	909 000
Total Current Assets	645 000	570 000	607 000	1 365 000
Total Assets	943 000	904 000	827 000	1 540 000
Total Equity	392 000	32 000	0	232 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	119 000	441 000	496 000	343 000
Creditors	121 000	70 000	0	25 000
Unpaid Taxes	109 000	−9 000	0	507 000
Dividends	0	0	0	0
Other Current Debt	101 000	230 000	0	352 000
Total Current Debt	433 000	432 000	0	965 000
Total Equity and Debt	943 000	904 000	496 000	1 540 000

Financial indicators	2022	2021	2020	2019
Return on Equity	117,6 %	318,75 %	-	−25 %
Debt-to-Equity Ratio	0,3	13,78	-	1,48
Operating Profit Margin	18,4 %	4,28 %	−4,4 %	−2,57 %
Current Ratio	1,49	1,32	-	1,41
Quick Ratio	2,09	1,86	−6,32	1,41
Equity Ratio	0,42	0,04	0	0,15
Gross Profit Margin	88,21 %	82,91 %	77,93 %	87,48 %