HORDALAND REDNING AS

5179 GODVIK

Finances

Share Ownership

Return on Equity

−392,8 %

Current Ratio

1,21

Debt-to-Equity Ratio

17,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 513 000	28 076 000	22 401 000	15 726 000
Net Income	−982 000	1 229 000	−512 000	−1 416 000
Total Assets	9 610 000	9 818 000	9 224 000	8 851 000
Total Equity	250 000	1 231 000	−498 000	−386 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 513 000	28 076 000	22 401 000	15 726 000
Expenditure	30 520 000	26 726 000	22 762 000	16 984 000
Operating Profit	−1 007 000	1 350 000	−362 000	−1 258 000
Financial Income	201 000	27 000	32 000	30 000
Financial Costs	175 000	147 000	182 000	189 000
Financial Balance	26 000	−120 000	−150 000	−159 000
Earnings Before Tax	−982 000	1 229 000	−512 000	−1 416 000
Tax	0	0	0	0
Net Income	−982 000	1 229 000	−512 000	−1 416 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 468 000	4 853 000	4 291 000	5 086 000
Total Current Assets	6 142 000	4 965 000	4 933 000	3 765 000
Total Assets	9 610 000	9 818 000	9 224 000	8 851 000
Total Retained Equity	−1 680 000	−699 000	−1 928 000	−1 416 000
Total Equity	250 000	1 231 000	−498 000	−386 000
Total Long-Term Debt	4 271 000	5 245 000	4 651 000	4 639 000
Total Current Debt	5 089 000	3 341 000	5 070 000	4 598 000
Total Equity and Debt	9 610 000	9 818 000	9 224 000	8 851 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 498 000	26 439 000	21 707 000	15 726 000
Other Income	1 015 000	1 637 000	694 000	0
Revenue	29 513 000	28 076 000	22 401 000	15 726 000
Cost of Goods Sold	1 156 000	650 000	1 320 000	889 000
Salary Costs	13 427 000	11 778 000	10 998 000	8 453 000
Depreciation	1 146 000	1 096 000	1 197 000	998 000
Impairment	0	0	0	0
Expenditure	30 520 000	26 726 000	22 762 000	16 984 000
Operating Profit	−1 007 000	1 350 000	−362 000	−1 258 000
Financial Income	201 000	27 000	32 000	30 000
Financial Costs	175 000	147 000	182 000	189 000
Financial Balance	26 000	−120 000	−150 000	−159 000
Dividends	0	0	0	0
Net Income	−982 000	1 229 000	−512 000	−1 416 000

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	5 000	10 000	15 000	20 000
Fixtures	3 457 000	4 837 000	4 270 000	5 061 000
Total Tangible Assets	3 463 000	4 848 000	4 286 000	5 081 000
Total Fiancial Fixed Assets	5 000	5 000	5 000	5 000
Total Fixed Assets	3 468 000	4 853 000	4 291 000	5 086 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	534 000	1 036 000	794 000	416 000
Total Current Assets	6 142 000	4 965 000	4 933 000	3 765 000
Total Assets	9 610 000	9 818 000	9 224 000	8 851 000
Total Equity	250 000	1 231 000	−498 000	−386 000
Short-Term Group Debt	590 000	0	2 095 000	2 120 000
Total Long-Term Debt	4 271 000	5 245 000	4 651 000	4 639 000
Creditors	980 000	871 000	844 000	590 000
Unpaid Taxes	1 811 000	1 489 000	1 167 000	1 048 000
Dividends	0	0	0	0
Other Current Debt	1 709 000	980 000	964 000	840 000
Total Current Debt	5 089 000	3 341 000	5 070 000	4 598 000
Total Equity and Debt	9 610 000	9 818 000	9 224 000	8 851 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−392,8 %	99,84 %	102,81 %	366,84 %
Debt-to-Equity Ratio	17,08	4,26	−9,34	−12,02
Operating Profit Margin	−3,41 %	4,81 %	−1,62 %	−8 %
Current Ratio	1,21	1,49	0,97	0,82
Quick Ratio	1,21	1,49	0,97	0,82
Equity Ratio	0,03	0,13	−0,05	−0,04
Gross Profit Margin	96,08 %	97,68 %	94,11 %	94,35 %