RØRLEGGERFIRMA K HORGHAGEN AS

7350 BUVIKA

Finances

Share Ownership

Return on Equity

10,33 %

Current Ratio

1,85

Debt-to-Equity Ratio

0,97

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 226 000	5 220 000	6 559 000	7 131 000
Net Income	75 000	−192 000	10 000	−788 000
Total Assets	2 415 000	1 825 000	2 288 000	2 380 000
Total Equity	726 000	651 000	843 000	833 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 226 000	5 220 000	6 559 000	7 131 000
Expenditure	8 092 000	5 424 000	6 506 000	8 127 000
Operating Profit	134 000	−204 000	54 000	−996 000
Financial Income	4 000	1 000	2 000	5 000
Financial Costs	40 000	40 000	43 000	38 000
Financial Balance	−36 000	−39 000	−41 000	−33 000
Earnings Before Tax	98 000	−242 000	13 000	−1 030 000
Tax	23 000	−50 000	3 000	−243 000
Net Income	75 000	−192 000	10 000	−788 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	599 000	359 000	597 000	902 000
Total Current Assets	1 816 000	1 466 000	1 691 000	1 478 000
Total Assets	2 415 000	1 825 000	2 288 000	2 380 000
Total Retained Equity	626 000	551 000	743 000	733 000
Total Equity	726 000	651 000	843 000	833 000
Total Long-Term Debt	706 000	458 000	631 000	752 000
Total Current Debt	983 000	715 000	814 000	794 000
Total Equity and Debt	2 415 000	1 825 000	2 288 000	2 380 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 225 000	5 158 000	6 546 000	7 286 000
Other Income	1 000	62 000	13 000	−155 000
Revenue	8 226 000	5 220 000	6 559 000	7 131 000
Cost of Goods Sold	3 764 000	1 932 000	2 370 000	3 090 000
Salary Costs	3 254 000	2 340 000	2 767 000	3 329 000
Depreciation	137 000	288 000	293 000	293 000
Impairment	0	0	0	0
Expenditure	8 092 000	5 424 000	6 506 000	8 127 000
Operating Profit	134 000	−204 000	54 000	−996 000
Financial Income	4 000	1 000	2 000	5 000
Financial Costs	40 000	40 000	43 000	38 000
Financial Balance	−36 000	−39 000	−41 000	−33 000
Dividends	0	0	0	0
Net Income	75 000	−192 000	10 000	−788 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	221 000	244 000	194 000	197 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	1 000	7 000
Fixtures	378 000	115 000	402 000	688 000
Total Tangible Assets	378 000	115 000	403 000	695 000
Total Fiancial Fixed Assets	0	0	0	10 000
Total Fixed Assets	599 000	359 000	597 000	902 000
Stock	115 000	164 000	167 000	134 000
Total Investments	0	0	0	0
Cash, Bank	748 000	788 000	765 000	898 000
Total Current Assets	1 816 000	1 466 000	1 691 000	1 478 000
Total Assets	2 415 000	1 825 000	2 288 000	2 380 000
Total Equity	726 000	651 000	843 000	833 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	706 000	458 000	631 000	752 000
Creditors	247 000	152 000	248 000	151 000
Unpaid Taxes	427 000	329 000	339 000	359 000
Dividends	0	0	0	0
Other Current Debt	309 000	235 000	227 000	284 000
Total Current Debt	983 000	715 000	814 000	794 000
Total Equity and Debt	2 415 000	1 825 000	2 288 000	2 380 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,33 %	−29,49 %	1,19 %	−94,6 %
Debt-to-Equity Ratio	0,97	0,7	0,75	0,9
Operating Profit Margin	1,63 %	−3,91 %	0,82 %	−13,97 %
Current Ratio	1,85	2,05	2,08	1,86
Quick Ratio	2,09	2,66	2,61	2,24
Equity Ratio	0,3	0,36	0,37	0,35
Gross Profit Margin	54,24 %	62,99 %	63,87 %	56,67 %