HÅLOGALAND VARMESERVICE AS

8402 SORTLAND

Finances

Share Ownership

Return on Equity

22,29 %

Current Ratio

1,98

Debt-to-Equity Ratio

1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	145 416 000	103 803 000	136 679 000	121 106 000
Net Income	2 037 000	419 000	1 719 000	227 000
Total Assets	32 341 000	29 472 000	30 979 000	28 684 000
Total Equity	9 137 000	7 100 000	6 681 000	405 000

Income (NOK)	2022	2021	2020	2019
Revenue	145 416 000	103 803 000	136 679 000	121 106 000
Expenditure	142 191 000	102 805 000	133 956 000	120 279 000
Operating Profit	3 226 000	998 000	2 722 000	828 000
Financial Income	119 000	52 000	65 000	82 000
Financial Costs	733 000	513 000	583 000	618 000
Financial Balance	−614 000	−461 000	−518 000	−536 000
Earnings Before Tax	2 612 000	537 000	2 205 000	292 000
Tax	575 000	119 000	486 000	65 000
Net Income	2 037 000	419 000	1 719 000	227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 003 000	13 678 000	13 831 000	14 147 000
Total Current Assets	19 338 000	15 793 000	17 148 000	14 537 000
Total Assets	32 341 000	29 472 000	30 979 000	28 684 000
Total Retained Equity	4 127 000	2 090 000	1 671 000	375 000
Total Equity	9 137 000	7 100 000	6 681 000	405 000
Total Long-Term Debt	13 423 000	14 107 000	14 682 000	20 240 000
Total Current Debt	9 782 000	8 265 000	9 615 000	8 039 000
Total Equity and Debt	32 341 000	29 472 000	30 979 000	28 684 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	145 266 000	103 803 000	136 679 000	121 106 000
Other Income	150 000	0	0	0
Revenue	145 416 000	103 803 000	136 679 000	121 106 000
Cost of Goods Sold	133 500 000	94 833 000	126 345 000	113 262 000
Salary Costs	3 895 000	3 728 000	3 946 000	3 384 000
Depreciation	649 000	606 000	611 000	542 000
Impairment	0	0	0	0
Expenditure	142 191 000	102 805 000	133 956 000	120 279 000
Operating Profit	3 226 000	998 000	2 722 000	828 000
Financial Income	119 000	52 000	65 000	82 000
Financial Costs	733 000	513 000	583 000	618 000
Financial Balance	−614 000	−461 000	−518 000	−536 000
Dividends	0	0	172 000	0
Net Income	2 037 000	419 000	1 719 000	227 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 119 000	12 520 000	12 923 000	13 327 000
Machinery and Plant Facilities	427 000	467 000	378 000	142 000
Fixtures	0	0	0	32 000
Total Tangible Assets	12 546 000	12 986 000	13 302 000	13 501 000
Total Fiancial Fixed Assets	457 000	692 000	529 000	646 000
Total Fixed Assets	13 003 000	13 678 000	13 831 000	14 147 000
Stock	2 290 000	2 915 000	2 163 000	2 205 000
Total Investments	0	0	0	0
Cash, Bank	1 978 000	447 000	1 423 000	683 000
Total Current Assets	19 338 000	15 793 000	17 148 000	14 537 000
Total Assets	32 341 000	29 472 000	30 979 000	28 684 000
Total Equity	9 137 000	7 100 000	6 681 000	405 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 423 000	14 107 000	14 682 000	20 240 000
Creditors	7 842 000	7 165 000	7 923 000	7 325 000
Unpaid Taxes	472 000	255 000	386 000	291 000
Dividends	0	0	172 000	0
Other Current Debt	894 000	567 000	662 000	378 000
Total Current Debt	9 782 000	8 265 000	9 615 000	8 039 000
Total Equity and Debt	32 341 000	29 472 000	30 979 000	28 684 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,29 %	5,9 %	25,73 %	56,05 %
Debt-to-Equity Ratio	1,47	1,99	2,2	49,98
Operating Profit Margin	2,22 %	0,96 %	1,99 %	0,68 %
Current Ratio	1,98	1,91	1,78	1,81
Quick Ratio	2,58	2,95	2,3	2,49
Equity Ratio	0,28	0,24	0,22	0,01
Gross Profit Margin	8,19 %	8,64 %	7,56 %	6,48 %