RH BRØNNBORING AS

2435 BRASKEREIDFOSS

Finances

Share Ownership

Return on Equity

11,39 %

Current Ratio

2,01

Debt-to-Equity Ratio

0,92

Key figures (NOK)	2022	2021	2020
Revenue	11 359 000	12 771 000	8 555 000
Net Income	360 000	1 829 000	942 000
Total Assets	8 113 000	9 276 000	5 518 000
Total Equity	3 161 000	2 801 000	972 000

Income (NOK)	2022	2021	2020
Revenue	11 359 000	12 771 000	8 555 000
Expenditure	10 798 000	10 353 000	7 265 000
Operating Profit	561 000	2 416 000	1 291 000
Financial Income	1 000	1 000	0
Financial Costs	101 000	73 000	85 000
Financial Balance	−100 000	−72 000	−85 000
Earnings Before Tax	461 000	2 345 000	1 207 000
Tax	101 000	516 000	264 000
Net Income	360 000	1 829 000	942 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	4 003 000	3 254 000	3 425 000
Total Current Assets	4 111 000	6 021 000	2 093 000
Total Assets	8 113 000	9 276 000	5 518 000
Total Retained Equity	3 131 000	2 771 000	942 000
Total Equity	3 161 000	2 801 000	972 000
Total Long-Term Debt	2 909 000	4 200 000	3 529 000
Total Current Debt	2 044 000	2 274 000	1 016 000
Total Equity and Debt	8 113 000	9 276 000	5 518 000

Cash flow (NOK)	2022	2021	2020
Sales Income	11 359 000	13 393 000	7 934 000
Other Income	0	−622 000	621 000
Revenue	11 359 000	12 771 000	8 555 000
Cost of Goods Sold	3 767 000	4 121 000	2 324 000
Salary Costs	2 940 000	2 789 000	1 955 000
Depreciation	821 000	698 000	685 000
Impairment	0	0	0
Expenditure	10 798 000	10 353 000	7 265 000
Operating Profit	561 000	2 416 000	1 291 000
Financial Income	1 000	1 000	0
Financial Costs	101 000	73 000	85 000
Financial Balance	−100 000	−72 000	−85 000
Dividends	0	0	0
Net Income	360 000	1 829 000	942 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	374 000	499 000	625 000
Fixtures	3 628 000	2 755 000	2 800 000
Total Tangible Assets	4 003 000	3 254 000	3 425 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	4 003 000	3 254 000	3 425 000
Stock	796 000	839 000	634 000
Total Investments	0	0	0
Cash, Bank	874 000	1 933 000	375 000
Total Current Assets	4 111 000	6 021 000	2 093 000
Total Assets	8 113 000	9 276 000	5 518 000
Total Equity	3 161 000	2 801 000	972 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 909 000	4 200 000	3 529 000
Creditors	935 000	620 000	240 000
Unpaid Taxes	683 000	874 000	141 000
Dividends	0	0	0
Other Current Debt	352 000	297 000	393 000
Total Current Debt	2 044 000	2 274 000	1 016 000
Total Equity and Debt	8 113 000	9 276 000	5 518 000

Financial indicators	2022	2021	2020
Return on Equity	11,39 %	65,3 %	96,91 %
Debt-to-Equity Ratio	0,92	1,5	3,63
Operating Profit Margin	4,94 %	18,92 %	15,09 %
Current Ratio	2,01	2,65	2,06
Quick Ratio	3,29	4,2	5,48
Equity Ratio	0,39	0,3	0,18
Gross Profit Margin	66,84 %	67,73 %	72,83 %