HOLMLUND OLJESERVICE AS

8514 NARVIK

Finances

Return on Equity

22,57 %

Current Ratio

1,99

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	53 258 000	39 496 000	29 914 000	32 899 000
Net Income	1 923 000	955 000	560 000	457 000
Total Assets	14 941 000	12 181 000	9 209 000	9 414 000
Total Equity	8 520 000	7 597 000	6 838 000	6 278 000

Income (NOK)	2022	2021	2020	2019
Revenue	53 258 000	39 496 000	29 914 000	32 899 000
Expenditure	50 812 000	38 230 000	29 277 000	32 281 000
Operating Profit	2 447 000	1 266 000	637 000	618 000
Financial Income	22 000	23 000	97 000	13 000
Financial Costs	9 000	51 000	39 000	41 000
Financial Balance	13 000	−28 000	58 000	−28 000
Earnings Before Tax	2 460 000	1 238 000	695 000	590 000
Tax	537 000	282 000	134 000	133 000
Net Income	1 923 000	955 000	560 000	457 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 531 000	2 602 000	570 000	711 000
Total Current Assets	12 410 000	9 579 000	8 639 000	8 702 000
Total Assets	14 941 000	12 181 000	9 209 000	9 414 000
Total Retained Equity	7 396 000	6 473 000	6 238 000	5 678 000
Total Equity	8 520 000	7 597 000	6 838 000	6 278 000
Total Long-Term Debt	173 000	86 000	132 000	1 000
Total Current Debt	6 249 000	4 499 000	2 239 000	3 134 000
Total Equity and Debt	14 941 000	12 181 000	9 209 000	9 414 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 608 000	39 495 000	29 896 000	32 898 000
Other Income	650 000	0	18 000	1 000
Revenue	53 258 000	39 496 000	29 914 000	32 899 000
Cost of Goods Sold	45 461 000	33 316 000	24 492 000	27 582 000
Salary Costs	3 118 000	3 106 000	3 014 000	2 987 000
Depreciation	498 000	34 000	82 000	131 000
Impairment	0	0	0	0
Expenditure	50 812 000	38 230 000	29 277 000	32 281 000
Operating Profit	2 447 000	1 266 000	637 000	618 000
Financial Income	22 000	23 000	97 000	13 000
Financial Costs	9 000	51 000	39 000	41 000
Financial Balance	13 000	−28 000	58 000	−28 000
Dividends	1 000 000	0	0	0
Net Income	1 923 000	955 000	560 000	457 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	13 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	164 000	194 000	120 000	155 000
Fixtures	1 755 000	2 107 000	0	0
Total Tangible Assets	1 919 000	2 301 000	120 000	155 000
Total Fiancial Fixed Assets	612 000	301 000	437 000	556 000
Total Fixed Assets	2 531 000	2 602 000	570 000	711 000
Stock	2 375 000	2 326 000	1 919 000	1 834 000
Total Investments	0	0	0	0
Cash, Bank	7 532 000	4 722 000	5 554 000	4 851 000
Total Current Assets	12 410 000	9 579 000	8 639 000	8 702 000
Total Assets	14 941 000	12 181 000	9 209 000	9 414 000
Total Equity	8 520 000	7 597 000	6 838 000	6 278 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	173 000	86 000	132 000	1 000
Creditors	4 088 000	2 977 000	1 516 000	2 534 000
Unpaid Taxes	405 000	356 000	304 000	166 000
Dividends	1 000 000	0	0	0
Other Current Debt	306 000	265 000	270 000	286 000
Total Current Debt	6 249 000	4 499 000	2 239 000	3 134 000
Total Equity and Debt	14 941 000	12 181 000	9 209 000	9 414 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,57 %	12,57 %	8,19 %	7,28 %
Debt-to-Equity Ratio	0,02	0,01	0,02	0
Operating Profit Margin	4,59 %	3,21 %	2,13 %	1,88 %
Current Ratio	1,99	2,13	3,86	2,78
Quick Ratio	3,2	4,41	27	6,69
Equity Ratio	0,57	0,62	0,74	0,67
Gross Profit Margin	14,64 %	15,65 %	18,13 %	16,16 %