HARDANGER RØRMONTERING AS

5709 VOSS

Finances

Share Ownership

Return on Equity

10,81 %

Current Ratio

14,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 104 000	2 718 000	2 875 000	3 218 000
Net Income	652 000	561 000	635 000	756 000
Total Assets	6 495 000	5 826 000	5 695 000	5 271 000
Total Equity	6 033 000	5 382 000	5 220 000	4 586 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 104 000	2 718 000	2 875 000	3 218 000
Expenditure	2 320 000	2 021 000	2 091 000	2 277 000
Operating Profit	785 000	697 000	785 000	941 000
Financial Income	51 000	23 000	29 000	25 000
Financial Costs	0	0	0	4 000
Financial Balance	51 000	23 000	29 000	21 000
Earnings Before Tax	836 000	719 000	814 000	962 000
Tax	184 000	158 000	179 000	206 000
Net Income	652 000	561 000	635 000	756 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	233 000	299 000	365 000	431 000
Total Current Assets	6 262 000	5 527 000	5 330 000	4 839 000
Total Assets	6 495 000	5 826 000	5 695 000	5 271 000
Total Retained Equity	5 983 000	5 332 000	5 170 000	4 536 000
Total Equity	6 033 000	5 382 000	5 220 000	4 586 000
Total Long-Term Debt	15 000	18 000	18 000	13 000
Total Current Debt	447 000	426 000	456 000	672 000
Total Equity and Debt	6 495 000	5 826 000	5 695 000	5 271 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 104 000	2 718 000	2 875 000	3 204 000
Other Income	0	0	0	14 000
Revenue	3 104 000	2 718 000	2 875 000	3 218 000
Cost of Goods Sold	1 200 000	944 000	56 000	1 178 000
Salary Costs	790 000	762 000	1 705 000	787 000
Depreciation	66 000	66 000	66 000	41 000
Impairment	0	0	0	0
Expenditure	2 320 000	2 021 000	2 091 000	2 277 000
Operating Profit	785 000	697 000	785 000	941 000
Financial Income	51 000	23 000	29 000	25 000
Financial Costs	0	0	0	4 000
Financial Balance	51 000	23 000	29 000	21 000
Dividends	0	0	0	0
Net Income	652 000	561 000	635 000	756 000

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	233 000	299 000	365 000	431 000
Total Tangible Assets	233 000	299 000	365 000	431 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	233 000	299 000	365 000	431 000
Stock	13 000	22 000	49 000	105 000
Total Investments	0	0	0	0
Cash, Bank	6 062 000	5 248 000	4 967 000	4 101 000
Total Current Assets	6 262 000	5 527 000	5 330 000	4 839 000
Total Assets	6 495 000	5 826 000	5 695 000	5 271 000
Total Equity	6 033 000	5 382 000	5 220 000	4 586 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 000	18 000	18 000	13 000
Creditors	53 000	72 000	74 000	173 000
Unpaid Taxes	127 000	119 000	131 000	225 000
Dividends	0	0	0	0
Other Current Debt	80 000	77 000	77 000	81 000
Total Current Debt	447 000	426 000	456 000	672 000
Total Equity and Debt	6 495 000	5 826 000	5 695 000	5 271 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,81 %	10,42 %	12,16 %	16,48 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,29 %	25,64 %	27,3 %	29,24 %
Current Ratio	14,01	12,97	11,69	7,2
Quick Ratio	14,43	13,68	13,1	8,53
Equity Ratio	0,93	0,92	0,92	0,87
Gross Profit Margin	61,34 %	65,27 %	98,05 %	63,39 %