HALVORSEN RØRSERVICE AS

2849 KAPP

Finances

Return on Equity

−15,51 %

Current Ratio

1,51

Debt-to-Equity Ratio

0,91

Key figures (NOK)	2022	2021	2020
Revenue	2 573 000	2 426 000	1 024 000
Net Income	−56 000	139 000	−200 000
Total Assets	971 000	974 000	440 000
Total Equity	361 000	416 000	277 000

Income (NOK)	2022	2021	2020
Revenue	2 573 000	2 426 000	1 024 000
Expenditure	2 618 000	2 242 000	1 293 000
Operating Profit	−44 000	183 000	−270 000
Financial Income	0	0	0
Financial Costs	28 000	5 000	0
Financial Balance	−28 000	−5 000	0
Earnings Before Tax	−71 000	178 000	−270 000
Tax	−16 000	39 000	−70 000
Net Income	−56 000	139 000	−200 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	548 000	639 000	119 000
Total Current Assets	423 000	334 000	321 000
Total Assets	971 000	974 000	440 000
Total Retained Equity	−117 000	−61 000	−200 000
Total Equity	361 000	416 000	277 000
Total Long-Term Debt	330 000	521 000	0
Total Current Debt	280 000	36 000	163 000
Total Equity and Debt	971 000	974 000	440 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 573 000	2 426 000	1 024 000
Other Income	0	0	0
Revenue	2 573 000	2 426 000	1 024 000
Cost of Goods Sold	1 104 000	1 027 000	351 000
Salary Costs	1 172 000	866 000	696 000
Depreciation	124 000	36 000	35 000
Impairment	0	0	0
Expenditure	2 618 000	2 242 000	1 293 000
Operating Profit	−44 000	183 000	−270 000
Financial Income	0	0	0
Financial Costs	28 000	5 000	0
Financial Balance	−28 000	−5 000	0
Dividends	0	0	0
Net Income	−56 000	139 000	−200 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	46 000	31 000	70 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	481 000	589 000	30 000
Total Tangible Assets	481 000	589 000	30 000
Total Fiancial Fixed Assets	20 000	20 000	20 000
Total Fixed Assets	548 000	639 000	119 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	92 000	247 000	244 000
Total Current Assets	423 000	334 000	321 000
Total Assets	971 000	974 000	440 000
Total Equity	361 000	416 000	277 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	330 000	521 000	0
Creditors	104 000	94 000	1 000
Unpaid Taxes	66 000	−11 000	70 000
Dividends	0	0	0
Other Current Debt	109 000	−47 000	92 000
Total Current Debt	280 000	36 000	163 000
Total Equity and Debt	971 000	974 000	440 000

Financial indicators	2022	2021	2020
Return on Equity	−15,51 %	33,41 %	−72,2 %
Debt-to-Equity Ratio	0,91	1,25	0
Operating Profit Margin	−1,71 %	7,54 %	−26,37 %
Current Ratio	1,51	9,28	1,97
Quick Ratio	1,51	9,28	1,97
Equity Ratio	0,37	0,43	0,63
Gross Profit Margin	57,09 %	57,67 %	65,72 %