HORDALAND HYDRAULIKK AS

5055 BERGEN

Finances

Return on Equity

11,75 %

Current Ratio

10,39

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 251 000	1 012 000	1 062 000	1 197 000
Net Income	420 000	276 000	338 000	421 000
Total Assets	3 927 000	3 526 000	3 330 000	3 027 000
Total Equity	3 573 000	3 153 000	2 877 000	2 539 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 251 000	1 012 000	1 062 000	1 197 000
Expenditure	760 000	661 000	638 000	671 000
Operating Profit	491 000	352 000	424 000	526 000
Financial Income	28 000	11 000	18 000	25 000
Financial Costs	0	1 000	6 000	7 000
Financial Balance	28 000	10 000	12 000	18 000
Earnings Before Tax	519 000	361 000	435 000	543 000
Tax	99 000	85 000	97 000	123 000
Net Income	420 000	276 000	338 000	421 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	456 000	73 000	126 000	117 000
Total Current Assets	3 471 000	3 453 000	3 203 000	2 910 000
Total Assets	3 927 000	3 526 000	3 330 000	3 027 000
Total Retained Equity	3 473 000	3 053 000	2 777 000	2 439 000
Total Equity	3 573 000	3 153 000	2 877 000	2 539 000
Total Long-Term Debt	20 000	20 000	44 000	100 000
Total Current Debt	334 000	353 000	408 000	388 000
Total Equity and Debt	3 927 000	3 526 000	3 330 000	3 027 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 166 000	1 012 000	1 062 000	1 197 000
Other Income	85 000	0	0	0
Revenue	1 251 000	1 012 000	1 062 000	1 197 000
Cost of Goods Sold	4 000	42 000	12 000	70 000
Salary Costs	451 000	345 000	343 000	309 000
Depreciation	102 000	53 000	45 000	41 000
Impairment	0	0	0	0
Expenditure	760 000	661 000	638 000	671 000
Operating Profit	491 000	352 000	424 000	526 000
Financial Income	28 000	11 000	18 000	25 000
Financial Costs	0	1 000	6 000	7 000
Financial Balance	28 000	10 000	12 000	18 000
Dividends	0	0	0	0
Net Income	420 000	276 000	338 000	421 000

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	0	0	0	0
Fixtures	354 000	48 000	101 000	92 000
Total Tangible Assets	354 000	48 000	101 000	92 000
Total Fiancial Fixed Assets	101 000	25 000	25 000	25 000
Total Fixed Assets	456 000	73 000	126 000	117 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 418 000	3 421 000	3 148 000	2 800 000
Total Current Assets	3 471 000	3 453 000	3 203 000	2 910 000
Total Assets	3 927 000	3 526 000	3 330 000	3 027 000
Total Equity	3 573 000	3 153 000	2 877 000	2 539 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	20 000	44 000	100 000
Creditors	7 000	17 000	76 000	15 000
Unpaid Taxes	65 000	50 000	41 000	57 000
Dividends	0	0	0	0
Other Current Debt	162 000	201 000	195 000	193 000
Total Current Debt	334 000	353 000	408 000	388 000
Total Equity and Debt	3 927 000	3 526 000	3 330 000	3 027 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,75 %	8,75 %	11,75 %	16,58 %
Debt-to-Equity Ratio	0,01	0,01	0,02	0,04
Operating Profit Margin	39,25 %	34,78 %	39,92 %	43,94 %
Current Ratio	10,39	9,78	7,85	7,5
Quick Ratio	10,39	9,78	7,85	7,5
Equity Ratio	0,91	0,89	0,86	0,84
Gross Profit Margin	99,68 %	95,85 %	98,87 %	94,15 %