HALVORSEN BYGGSERVICE AS

4885 GRIMSTAD

Finances

Share Ownership

Return on Equity

10 %

Current Ratio

0,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 948 000	2 693 000	392 000
Net Income	5 000	−10 000	26 000
Total Assets	323 000	264 000	183 000
Total Equity	50 000	46 000	56 000

Income (NOK)	2022	2021	2020
Revenue	1 948 000	2 693 000	392 000
Expenditure	1 943 000	2 703 000	359 000
Operating Profit	5 000	−10 000	33 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	5 000	−10 000	33 000
Tax	0	0	7 000
Net Income	5 000	−10 000	26 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	72 000	93 000	0
Total Current Assets	251 000	171 000	183 000
Total Assets	323 000	264 000	183 000
Total Retained Equity	20 000	16 000	26 000
Total Equity	50 000	46 000	56 000
Total Long-Term Debt	0	0	0
Total Current Debt	273 000	219 000	128 000
Total Equity and Debt	323 000	264 000	183 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 948 000	2 693 000	392 000
Other Income	0	0	0
Revenue	1 948 000	2 693 000	392 000
Cost of Goods Sold	868 000	1 513 000	53 000
Salary Costs	824 000	974 000	207 000
Depreciation	21 000	10 000	0
Impairment	0	0	0
Expenditure	1 943 000	2 703 000	359 000
Operating Profit	5 000	−10 000	33 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	5 000	−10 000	26 000

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	0	0	0
Fixtures	72 000	93 000	0
Total Tangible Assets	72 000	93 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	72 000	93 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	8 000	112 000	183 000
Total Current Assets	251 000	171 000	183 000
Total Assets	323 000	264 000	183 000
Total Equity	50 000	46 000	56 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	74 000	39 000	20 000
Unpaid Taxes	70 000	92 000	82 000
Dividends	0	0	0
Other Current Debt	129 000	87 000	18 000
Total Current Debt	273 000	219 000	128 000
Total Equity and Debt	323 000	264 000	183 000

Financial indicators	2022	2021	2020
Return on Equity	10 %	−21,74 %	46,43 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	0,26 %	−0,37 %	8,42 %
Current Ratio	0,92	0,78	1,43
Quick Ratio	0,92	0,78	1,43
Equity Ratio	0,15	0,17	0,31
Gross Profit Margin	55,44 %	43,82 %	86,48 %