RØRLEGGERMESTER KJELL HORN AS

8370 LEKNES

Finances

Return on Equity

18,6 %

Current Ratio

4,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 496 000	16 929 000	16 695 000	16 580 000
Net Income	2 958 000	2 834 000	3 382 000	3 046 000
Total Assets	20 674 000	20 003 000	18 702 000	16 827 000
Total Equity	15 905 000	14 947 000	14 113 000	12 731 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 496 000	16 929 000	16 695 000	16 580 000
Expenditure	13 815 000	13 679 000	12 998 000	13 209 000
Operating Profit	3 681 000	3 249 000	3 696 000	3 372 000
Financial Income	162 000	389 000	582 000	451 000
Financial Costs	9 000	5 000	54 000	4 000
Financial Balance	153 000	384 000	528 000	447 000
Earnings Before Tax	3 835 000	3 633 000	4 225 000	3 819 000
Tax	878 000	799 000	843 000	774 000
Net Income	2 958 000	2 834 000	3 382 000	3 046 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 383 000	1 640 000	1 963 000	1 541 000
Total Current Assets	19 291 000	18 363 000	16 739 000	15 286 000
Total Assets	20 674 000	20 003 000	18 702 000	16 827 000
Total Retained Equity	15 755 000	14 797 000	13 963 000	12 581 000
Total Equity	15 905 000	14 947 000	14 113 000	12 731 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 769 000	5 056 000	4 590 000	4 096 000
Total Equity and Debt	20 674 000	20 003 000	18 702 000	16 827 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 490 000	16 929 000	16 470 000	16 190 000
Other Income	6 000	0	225 000	390 000
Revenue	17 496 000	16 929 000	16 695 000	16 580 000
Cost of Goods Sold	8 205 000	7 751 000	7 681 000	8 024 000
Salary Costs	3 545 000	3 942 000	3 333 000	3 165 000
Depreciation	317 000	317 000	328 000	296 000
Impairment	0	0	0	0
Expenditure	13 815 000	13 679 000	12 998 000	13 209 000
Operating Profit	3 681 000	3 249 000	3 696 000	3 372 000
Financial Income	162 000	389 000	582 000	451 000
Financial Costs	9 000	5 000	54 000	4 000
Financial Balance	153 000	384 000	528 000	447 000
Dividends	2 000 000	2 000 000	2 000 000	2 000 000
Net Income	2 958 000	2 834 000	3 382 000	3 046 000

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	655 000	971 000	1 288 000	872 000
Total Tangible Assets	655 000	971 000	1 288 000	872 000
Total Fiancial Fixed Assets	728 000	669 000	675 000	669 000
Total Fixed Assets	1 383 000	1 640 000	1 963 000	1 541 000
Stock	975 000	947 000	845 000	806 000
Total Investments	53 000	2 054 000	3 011 000	5 109 000
Cash, Bank	14 417 000	11 954 000	9 528 000	6 619 000
Total Current Assets	19 291 000	18 363 000	16 739 000	15 286 000
Total Assets	20 674 000	20 003 000	18 702 000	16 827 000
Total Equity	15 905 000	14 947 000	14 113 000	12 731 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	608 000	483 000	517 000	493 000
Unpaid Taxes	867 000	1 317 000	848 000	500 000
Dividends	2 000 000	2 000 000	2 000 000	2 000 000
Other Current Debt	2 416 000	2 457 000	2 382 000	2 329 000
Total Current Debt	4 769 000	5 056 000	4 590 000	4 096 000
Total Equity and Debt	20 674 000	20 003 000	18 702 000	16 827 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,6 %	18,96 %	23,96 %	23,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,04 %	19,19 %	22,14 %	20,34 %
Current Ratio	4,05	3,63	3,65	3,73
Quick Ratio	5,08	4,47	4,47	4,65
Equity Ratio	0,77	0,75	0,75	0,76
Gross Profit Margin	53,1 %	54,21 %	53,99 %	51,6 %