HVALER RØRLEGGERBEDRIFT AS

1684 VESTERØY

Finances

Return on Equity

48,22 %

Current Ratio

1,66

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	44 060 000	44 820 000	41 282 000	41 838 000
Net Income	3 917 000	4 129 000	4 568 000	3 636 000
Total Assets	18 465 000	17 666 000	16 819 000	16 667 000
Total Equity	8 124 000	7 207 000	6 077 000	6 509 000

Income (NOK)	2022	2021	2020	2019
Revenue	44 060 000	44 820 000	41 282 000	41 838 000
Expenditure	39 705 000	39 592 000	36 800 000	37 188 000
Operating Profit	4 355 000	5 227 000	4 483 000	4 650 000
Financial Income	535 000	63 000	1 080 000	22 000
Financial Costs	0	0	2 000	11 000
Financial Balance	535 000	63 000	1 078 000	11 000
Earnings Before Tax	4 889 000	5 290 000	5 560 000	4 662 000
Tax	972 000	1 161 000	992 000	1 026 000
Net Income	3 917 000	4 129 000	4 568 000	3 636 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 120 000	1 835 000	2 161 000	4 086 000
Total Current Assets	16 344 000	15 831 000	14 658 000	12 581 000
Total Assets	18 465 000	17 666 000	16 819 000	16 667 000
Total Retained Equity	8 024 000	7 107 000	5 977 000	6 409 000
Total Equity	8 124 000	7 207 000	6 077 000	6 509 000
Total Long-Term Debt	522 000	552 000	288 000	556 000
Total Current Debt	9 818 000	9 908 000	10 453 000	9 602 000
Total Equity and Debt	18 465 000	17 666 000	16 819 000	16 667 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 804 000	44 779 000	41 157 000	41 814 000
Other Income	256 000	41 000	125 000	25 000
Revenue	44 060 000	44 820 000	41 282 000	41 838 000
Cost of Goods Sold	16 077 000	16 735 000	16 476 000	16 574 000
Salary Costs	16 517 000	16 106 000	14 056 000	14 399 000
Depreciation	369 000	396 000	410 000	468 000
Impairment	0	0	0	0
Expenditure	39 705 000	39 592 000	36 800 000	37 188 000
Operating Profit	4 355 000	5 227 000	4 483 000	4 650 000
Financial Income	535 000	63 000	1 080 000	22 000
Financial Costs	0	0	2 000	11 000
Financial Balance	535 000	63 000	1 078 000	11 000
Dividends	3 000 000	3 000 000	5 000 000	3 000 000
Net Income	3 917 000	4 129 000	4 568 000	3 636 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	18 000	48 000
Total Intangible Assets	0	0	18 000	48 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	11 000	26 000	41 000	55 000
Fixtures	804 000	854 000	948 000	1 077 000
Total Tangible Assets	815 000	880 000	989 000	1 133 000
Total Fiancial Fixed Assets	1 305 000	955 000	1 154 000	2 906 000
Total Fixed Assets	2 120 000	1 835 000	2 161 000	4 086 000
Stock	3 961 000	3 492 000	2 842 000	2 482 000
Total Investments	0	3 000	3 000	3 000
Cash, Bank	7 968 000	6 688 000	7 781 000	4 463 000
Total Current Assets	16 344 000	15 831 000	14 658 000	12 581 000
Total Assets	18 465 000	17 666 000	16 819 000	16 667 000
Total Equity	8 124 000	7 207 000	6 077 000	6 509 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	522 000	552 000	288 000	556 000
Creditors	1 394 000	1 617 000	1 212 000	1 897 000
Unpaid Taxes	1 912 000	2 060 000	1 868 000	1 709 000
Dividends	3 000 000	3 000 000	5 000 000	3 000 000
Other Current Debt	2 511 000	2 333 000	2 113 000	2 213 000
Total Current Debt	9 818 000	9 908 000	10 453 000	9 602 000
Total Equity and Debt	18 465 000	17 666 000	16 819 000	16 667 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,22 %	57,29 %	75,17 %	55,86 %
Debt-to-Equity Ratio	0,06	0,08	0,05	0,09
Operating Profit Margin	9,88 %	11,66 %	10,86 %	11,11 %
Current Ratio	1,66	1,6	1,4	1,31
Quick Ratio	2,79	2,47	1,93	1,77
Equity Ratio	0,44	0,41	0,36	0,39
Gross Profit Margin	63,51 %	62,66 %	60,09 %	60,39 %