H & M MALERSERVICE AS

4014 STAVANGER

Finances

Share Ownership

Return on Equity

122,22 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	74 860 000	50 453 000	43 546 000	39 397 000
Net Income	4 632 000	2 291 000	2 133 000	6 537 000
Total Assets	23 353 000	16 492 000	13 186 000	21 744 000
Total Equity	3 790 000	3 916 000	3 890 000	3 909 000

Income (NOK)	2022	2021	2020	2019
Revenue	74 860 000	50 453 000	43 546 000	39 397 000
Expenditure	68 985 000	47 514 000	40 743 000	36 726 000
Operating Profit	5 875 000	2 939 000	2 804 000	2 670 000
Financial Income	72 000	16 000	50 000	4 884 000
Financial Costs	7 000	16 000	118 000	491 000
Financial Balance	65 000	0	−68 000	4 393 000
Earnings Before Tax	5 940 000	2 939 000	2 735 000	7 064 000
Tax	1 308 000	648 000	602 000	527 000
Net Income	4 632 000	2 291 000	2 133 000	6 537 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	691 000	851 000	377 000	299 000
Total Current Assets	22 662 000	15 641 000	12 809 000	21 445 000
Total Assets	23 353 000	16 492 000	13 186 000	21 744 000
Total Retained Equity	0	0	0	0
Total Equity	3 790 000	3 916 000	3 890 000	3 909 000
Total Long-Term Debt	117 000	225 000	0	6 551 000
Total Current Debt	19 447 000	12 351 000	9 296 000	11 284 000
Total Equity and Debt	23 353 000	16 492 000	13 186 000	21 744 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 387 000	50 275 000	43 546 000	39 397 000
Other Income	2 473 000	179 000	0	0
Revenue	74 860 000	50 453 000	43 546 000	39 397 000
Cost of Goods Sold	19 812 000	17 158 000	17 086 000	14 714 000
Salary Costs	37 659 000	22 346 000	16 981 000	16 118 000
Depreciation	402 000	229 000	90 000	54 000
Impairment	0	0	0	0
Expenditure	68 985 000	47 514 000	40 743 000	36 726 000
Operating Profit	5 875 000	2 939 000	2 804 000	2 670 000
Financial Income	72 000	16 000	50 000	4 884 000
Financial Costs	7 000	16 000	118 000	491 000
Financial Balance	65 000	0	−68 000	4 393 000
Dividends	0	0	0	0
Net Income	4 632 000	2 291 000	2 133 000	6 537 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	121 000	154 000	0	0
Total Intangible Assets	173 000	171 000	27 000	22 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	138 000	358 000	0	0
Fixtures	380 000	322 000	350 000	277 000
Total Tangible Assets	518 000	679 000	350 000	277 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	691 000	851 000	377 000	299 000
Stock	2 867 000	2 578 000	1 988 000	1 748 000
Total Investments	0	0	0	23 000
Cash, Bank	2 134 000	2 202 000	3 281 000	2 612 000
Total Current Assets	22 662 000	15 641 000	12 809 000	21 445 000
Total Assets	23 353 000	16 492 000	13 186 000	21 744 000
Total Equity	3 790 000	3 916 000	3 890 000	3 909 000
Short-Term Group Debt	6 137 000	2 904 000	2 758 000	2 381 000
Total Long-Term Debt	117 000	225 000	0	6 551 000
Creditors	3 811 000	2 880 000	2 374 000	1 792 000
Unpaid Taxes	5 526 000	4 267 000	1 857 000	2 230 000
Dividends	0	0	0	0
Other Current Debt	3 973 000	2 300 000	1 919 000	1 392 000
Total Current Debt	19 447 000	12 351 000	9 296 000	11 284 000
Total Equity and Debt	23 353 000	16 492 000	13 186 000	21 744 000

Financial indicators	2022	2021	2020	2019
Return on Equity	122,22 %	58,5 %	54,83 %	167,23 %
Debt-to-Equity Ratio	0,03	0,06	0	1,68
Operating Profit Margin	7,85 %	5,83 %	6,44 %	6,78 %
Current Ratio	1,17	1,27	1,38	1,9
Quick Ratio	1,37	1,6	1,75	2,25
Equity Ratio	0,16	0,24	0,3	0,18
Gross Profit Margin	73,53 %	65,99 %	60,76 %	62,65 %