HORTEN RØRLEGGERBEDRIFT AS

3182 HORTEN

Finances

Share Ownership

Return on Equity

47,61 %

Current Ratio

3,98

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 423 000	3 517 000	3 527 000	3 509 000
Net Income	887 000	246 000	551 000	−105 000
Total Assets	2 493 000	1 465 000	1 288 000	974 000
Total Equity	1 863 000	976 000	730 000	279 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 423 000	3 517 000	3 527 000	3 509 000
Expenditure	3 010 000	3 131 000	2 808 000	3 532 000
Operating Profit	628 000	346 000	703 000	−143 000
Financial Income	407 000	7 000	12 000	15 000
Financial Costs	2 000	31 000	4 000	6 000
Financial Balance	405 000	−24 000	8 000	9 000
Earnings Before Tax	1 034 000	321 000	711 000	−133 000
Tax	147 000	76 000	160 000	−28 000
Net Income	887 000	246 000	551 000	−105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 000	55 000	20 000	139 000
Total Current Assets	2 426 000	1 409 000	1 267 000	834 000
Total Assets	2 493 000	1 465 000	1 288 000	974 000
Total Retained Equity	1 743 000	856 000	610 000	159 000
Total Equity	1 863 000	976 000	730 000	279 000
Total Long-Term Debt	20 000	57 000	123 000	208 000
Total Current Debt	609 000	432 000	435 000	487 000
Total Equity and Debt	2 493 000	1 465 000	1 288 000	974 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 418 000	3 517 000	3 527 000	3 509 000
Other Income	5 000	0	0	0
Revenue	3 423 000	3 517 000	3 527 000	3 509 000
Cost of Goods Sold	1 157 000	1 398 000	1 207 000	1 304 000
Salary Costs	929 000	841 000	827 000	1 156 000
Depreciation	6 000	6 000	2 000	0
Impairment	0	0	0	0
Expenditure	3 010 000	3 131 000	2 808 000	3 532 000
Operating Profit	628 000	346 000	703 000	−143 000
Financial Income	407 000	7 000	12 000	15 000
Financial Costs	2 000	31 000	4 000	6 000
Financial Balance	405 000	−24 000	8 000	9 000
Dividends	0	0	0	0
Net Income	887 000	246 000	551 000	−105 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	7 000	0	136 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	11 000	17 000	0
Total Tangible Assets	5 000	11 000	17 000	0
Total Fiancial Fixed Assets	54 000	37 000	3 000	3 000
Total Fixed Assets	67 000	55 000	20 000	139 000
Stock	654 000	439 000	479 000	494 000
Total Investments	0	0	0	0
Cash, Bank	1 273 000	713 000	595 000	117 000
Total Current Assets	2 426 000	1 409 000	1 267 000	834 000
Total Assets	2 493 000	1 465 000	1 288 000	974 000
Total Equity	1 863 000	976 000	730 000	279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	57 000	123 000	208 000
Creditors	196 000	120 000	135 000	150 000
Unpaid Taxes	158 000	143 000	194 000	132 000
Dividends	0	0	0	0
Other Current Debt	108 000	85 000	84 000	204 000
Total Current Debt	609 000	432 000	435 000	487 000
Total Equity and Debt	2 493 000	1 465 000	1 288 000	974 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,61 %	25,2 %	75,48 %	−37,63 %
Debt-to-Equity Ratio	0,01	0,06	0,17	0,75
Operating Profit Margin	18,35 %	9,84 %	19,93 %	−4,08 %
Current Ratio	3,98	3,26	2,91	1,71
Quick Ratio	−53,91	−201,29	−28,8	−119,14
Equity Ratio	0,75	0,67	0,57	0,29
Gross Profit Margin	66,2 %	60,25 %	65,78 %	62,84 %