HARSTAD RØR AS

9408 HARSTAD

Finances

Share Ownership

Return on Equity

10,82 %

Current Ratio

2,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 890 000	1 906 000	1 976 000	1 981 000
Net Income	84 000	98 000	137 000	99 000
Total Assets	1 132 000	1 030 000	956 000	912 000
Total Equity	776 000	692 000	594 000	556 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 890 000	1 906 000	1 976 000	1 981 000
Expenditure	1 786 000	1 785 000	1 801 000	1 856 000
Operating Profit	105 000	122 000	175 000	125 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	0	1 000	2 000
Earnings Before Tax	107 000	122 000	176 000	127 000
Tax	24 000	24 000	39 000	28 000
Net Income	84 000	98 000	137 000	99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 000	121 000	0	0
Total Current Assets	1 037 000	908 000	956 000	912 000
Total Assets	1 132 000	1 030 000	956 000	912 000
Total Retained Equity	676 000	592 000	494 000	456 000
Total Equity	776 000	692 000	594 000	556 000
Total Long-Term Debt	1 000	2 000	0	0
Total Current Debt	355 000	336 000	362 000	356 000
Total Equity and Debt	1 132 000	1 030 000	956 000	912 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 890 000	1 906 000	1 976 000	1 981 000
Other Income	0	0	0	0
Revenue	1 890 000	1 906 000	1 976 000	1 981 000
Cost of Goods Sold	343 000	380 000	376 000	462 000
Salary Costs	1 161 000	1 128 000	1 168 000	1 174 000
Depreciation	26 000	9 000	0	0
Impairment	0	0	0	0
Expenditure	1 786 000	1 785 000	1 801 000	1 856 000
Operating Profit	105 000	122 000	175 000	125 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	0	1 000	2 000
Dividends	0	0	100 000	100 000
Net Income	84 000	98 000	137 000	99 000

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	95 000	121 000	0	0
Total Tangible Assets	95 000	121 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	95 000	121 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	812 000	724 000	681 000	729 000
Total Current Assets	1 037 000	908 000	956 000	912 000
Total Assets	1 132 000	1 030 000	956 000	912 000
Total Equity	776 000	692 000	594 000	556 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	2 000	0	0
Creditors	49 000	27 000	19 000	40 000
Unpaid Taxes	157 000	166 000	178 000	161 000
Dividends	0	0	100 000	100 000
Other Current Debt	125 000	122 000	127 000	127 000
Total Current Debt	355 000	336 000	362 000	356 000
Total Equity and Debt	1 132 000	1 030 000	956 000	912 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,82 %	14,16 %	23,06 %	17,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,56 %	6,4 %	8,86 %	6,31 %
Current Ratio	2,92	2,7	2,64	2,56
Quick Ratio	2,92	2,7	2,64	2,56
Equity Ratio	0,69	0,67	0,62	0,61
Gross Profit Margin	81,85 %	80,06 %	80,97 %	76,68 %