HALVORSEN RØR AS

4405 FLEKKEFJORD

Finances

Share Ownership

Return on Equity

78,53 %

Current Ratio

2,53

Debt-to-Equity Ratio

0,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 019 000	10 943 000	10 073 000	10 714 000
Net Income	1 463 000	960 000	1 019 000	766 000
Total Assets	5 096 000	4 328 000	3 974 000	3 754 000
Total Equity	1 863 000	1 000 000	1 000 000	1 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 019 000	10 943 000	10 073 000	10 714 000
Expenditure	8 403 000	9 733 000	8 796 000	9 725 000
Operating Profit	617 000	1 210 000	1 277 000	988 000
Financial Income	1 013 000	29 000	46 000	14 000
Financial Costs	33 000	12 000	23 000	18 000
Financial Balance	980 000	17 000	23 000	−4 000
Earnings Before Tax	1 597 000	1 226 000	1 300 000	984 000
Tax	134 000	266 000	281 000	217 000
Net Income	1 463 000	960 000	1 019 000	766 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	258 000	950 000	1 026 000	706 000
Total Current Assets	4 838 000	3 379 000	2 948 000	3 048 000
Total Assets	5 096 000	4 328 000	3 974 000	3 754 000
Total Retained Equity	1 763 000	900 000	900 000	900 000
Total Equity	1 863 000	1 000 000	1 000 000	1 000 000
Total Long-Term Debt	1 318 000	405 000	457 000	512 000
Total Current Debt	1 916 000	2 924 000	2 517 000	2 242 000
Total Equity and Debt	5 096 000	4 328 000	3 974 000	3 754 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 019 000	10 943 000	10 073 000	10 664 000
Other Income	0	0	0	50 000
Revenue	9 019 000	10 943 000	10 073 000	10 714 000
Cost of Goods Sold	4 520 000	5 298 000	4 776 000	5 324 000
Salary Costs	2 426 000	2 967 000	2 661 000	2 960 000
Depreciation	63 000	76 000	51 000	43 000
Impairment	0	0	0	0
Expenditure	8 403 000	9 733 000	8 796 000	9 725 000
Operating Profit	617 000	1 210 000	1 277 000	988 000
Financial Income	1 013 000	29 000	46 000	14 000
Financial Costs	33 000	12 000	23 000	18 000
Financial Balance	980 000	17 000	23 000	−4 000
Dividends	600 000	360 000	1 019 000	766 000
Net Income	1 463 000	960 000	1 019 000	766 000

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	1 000	7 000	28 000	51 000
Fixtures	257 000	295 000	351 000	7 000
Total Tangible Assets	258 000	302 000	378 000	58 000
Total Fiancial Fixed Assets	0	648 000	648 000	648 000
Total Fixed Assets	258 000	950 000	1 026 000	706 000
Stock	868 000	848 000	640 000	596 000
Total Investments	0	0	0	0
Cash, Bank	117 000	1 530 000	1 218 000	1 560 000
Total Current Assets	4 838 000	3 379 000	2 948 000	3 048 000
Total Assets	5 096 000	4 328 000	3 974 000	3 754 000
Total Equity	1 863 000	1 000 000	1 000 000	1 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 318 000	405 000	457 000	512 000
Creditors	528 000	949 000	604 000	535 000
Unpaid Taxes	423 000	456 000	375 000	457 000
Dividends	600 000	360 000	1 019 000	766 000
Other Current Debt	217 000	290 000	233 000	252 000
Total Current Debt	1 916 000	2 924 000	2 517 000	2 242 000
Total Equity and Debt	5 096 000	4 328 000	3 974 000	3 754 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,53 %	96 %	101,9 %	76,6 %
Debt-to-Equity Ratio	0,71	0,41	0,46	0,51
Operating Profit Margin	6,84 %	11,06 %	12,68 %	9,22 %
Current Ratio	2,53	1,16	1,17	1,36
Quick Ratio	4,62	1,63	1,57	1,85
Equity Ratio	0,37	0,23	0,25	0,27
Gross Profit Margin	49,88 %	51,59 %	52,59 %	50,31 %