HANESETH RØRCO AS

8646 KORGEN

Finances

Return on Equity

80,4 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 693 000	13 801 000	12 357 000	13 705 000
Net Income	558 000	279 000	90 000	251 000
Total Assets	4 587 000	4 870 000	3 741 000	3 852 000
Total Equity	694 000	135 000	−144 000	−234 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 693 000	13 801 000	12 357 000	13 705 000
Expenditure	14 981 000	13 325 000	12 060 000	13 311 000
Operating Profit	711 000	476 000	298 000	394 000
Financial Income	4 000	5 000	6 000	41 000
Financial Costs	157 000	201 000	213 000	184 000
Financial Balance	−153 000	−196 000	−207 000	−143 000
Earnings Before Tax	558 000	279 000	90 000	251 000
Tax	0	0	0	0
Net Income	558 000	279 000	90 000	251 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	296 000	351 000	81 000	73 000
Total Current Assets	4 291 000	4 518 000	3 661 000	3 779 000
Total Assets	4 587 000	4 870 000	3 741 000	3 852 000
Total Retained Equity	513 000	−46 000	−325 000	−415 000
Total Equity	694 000	135 000	−144 000	−234 000
Total Long-Term Debt	491 000	900 000	952 000	1 193 000
Total Current Debt	3 402 000	3 834 000	2 933 000	2 893 000
Total Equity and Debt	4 587 000	4 870 000	3 741 000	3 852 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 666 000	13 801 000	12 263 000	13 871 000
Other Income	26 000	0	94 000	−167 000
Revenue	15 693 000	13 801 000	12 357 000	13 705 000
Cost of Goods Sold	5 797 000	5 135 000	4 522 000	5 058 000
Salary Costs	6 383 000	5 873 000	5 239 000	5 752 000
Depreciation	70 000	20 000	22 000	31 000
Impairment	0	0	0	0
Expenditure	14 981 000	13 325 000	12 060 000	13 311 000
Operating Profit	711 000	476 000	298 000	394 000
Financial Income	4 000	5 000	6 000	41 000
Financial Costs	157 000	201 000	213 000	184 000
Financial Balance	−153 000	−196 000	−207 000	−143 000
Dividends	0	0	0	0
Net Income	558 000	279 000	90 000	251 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 000	6 000	14 000	22 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	279 000	310 000	31 000	16 000
Total Tangible Assets	280 000	316 000	45 000	38 000
Total Fiancial Fixed Assets	15 000	35 000	35 000	35 000
Total Fixed Assets	296 000	351 000	81 000	73 000
Stock	1 022 000	1 026 000	858 000	1 278 000
Total Investments	0	0	0	0
Cash, Bank	368 000	636 000	505 000	641 000
Total Current Assets	4 291 000	4 518 000	3 661 000	3 779 000
Total Assets	4 587 000	4 870 000	3 741 000	3 852 000
Total Equity	694 000	135 000	−144 000	−234 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	491 000	900 000	952 000	1 193 000
Creditors	679 000	833 000	678 000	447 000
Unpaid Taxes	849 000	833 000	847 000	678 000
Dividends	0	0	0	0
Other Current Debt	966 000	1 143 000	743 000	1 023 000
Total Current Debt	3 402 000	3 834 000	2 933 000	2 893 000
Total Equity and Debt	4 587 000	4 870 000	3 741 000	3 852 000

Financial indicators	2022	2021	2020	2019
Return on Equity	80,4 %	206,67 %	−62,5 %	−107,26 %
Debt-to-Equity Ratio	0,71	6,67	−6,61	−5,1
Operating Profit Margin	4,53 %	3,45 %	2,41 %	2,87 %
Current Ratio	1,26	1,18	1,25	1,31
Quick Ratio	1,8	1,61	1,76	2,34
Equity Ratio	0,15	0,03	−0,04	−0,06
Gross Profit Margin	63,06 %	62,79 %	63,41 %	63,09 %