HJORTELANDS AUTORISERTE RØRLEGGERFORRETNING AS

4517 MANDAL

Finances

Return on Equity

24,15 %

Current Ratio

3,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 018 000	33 427 000	28 741 000	29 106 000
Net Income	3 122 000	2 330 000	630 000	175 000
Total Assets	18 473 000	17 733 000	14 790 000	13 342 000
Total Equity	12 929 000	11 807 000	10 477 000	9 847 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 018 000	33 427 000	28 741 000	29 106 000
Expenditure	34 052 000	30 264 000	28 061 000	28 905 000
Operating Profit	3 966 000	3 163 000	680 000	201 000
Financial Income	41 000	12 000	457 000	50 000
Financial Costs	3 000	146 000	348 000	29 000
Financial Balance	38 000	−134 000	109 000	21 000
Earnings Before Tax	4 004 000	3 029 000	790 000	221 000
Tax	882 000	699 000	160 000	46 000
Net Income	3 122 000	2 330 000	630 000	175 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 015 000	614 000	534 000	972 000
Total Current Assets	17 459 000	17 119 000	14 256 000	12 370 000
Total Assets	18 473 000	17 733 000	14 790 000	13 342 000
Total Retained Equity	11 929 000	10 807 000	9 477 000	8 847 000
Total Equity	12 929 000	11 807 000	10 477 000	9 847 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 544 000	5 926 000	4 314 000	3 495 000
Total Equity and Debt	18 473 000	17 733 000	14 790 000	13 342 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 938 000	33 393 000	28 646 000	29 106 000
Other Income	80 000	34 000	95 000	0
Revenue	38 018 000	33 427 000	28 741 000	29 106 000
Cost of Goods Sold	19 747 000	18 384 000	14 964 000	17 034 000
Salary Costs	11 238 000	9 583 000	10 317 000	9 098 000
Depreciation	185 000	129 000	112 000	101 000
Impairment	0	0	0	0
Expenditure	34 052 000	30 264 000	28 061 000	28 905 000
Operating Profit	3 966 000	3 163 000	680 000	201 000
Financial Income	41 000	12 000	457 000	50 000
Financial Costs	3 000	146 000	348 000	29 000
Financial Balance	38 000	−134 000	109 000	21 000
Dividends	0	0	0	0
Net Income	3 122 000	2 330 000	630 000	175 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	107 000	80 000	149 000	123 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	791 000	484 000	238 000	246 000
Total Tangible Assets	791 000	484 000	238 000	246 000
Total Fiancial Fixed Assets	117 000	50 000	148 000	603 000
Total Fixed Assets	1 015 000	614 000	534 000	972 000
Stock	2 750 000	2 650 000	2 660 000	2 712 000
Total Investments	0	0	0	0
Cash, Bank	5 310 000	5 725 000	4 849 000	3 746 000
Total Current Assets	17 459 000	17 119 000	14 256 000	12 370 000
Total Assets	18 473 000	17 733 000	14 790 000	13 342 000
Total Equity	12 929 000	11 807 000	10 477 000	9 847 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 109 000	1 510 000	1 037 000	1 044 000
Unpaid Taxes	1 935 000	1 616 000	1 390 000	1 294 000
Dividends	0	0	0	0
Other Current Debt	1 591 000	1 171 000	1 701 000	1 088 000
Total Current Debt	5 544 000	5 926 000	4 314 000	3 495 000
Total Equity and Debt	18 473 000	17 733 000	14 790 000	13 342 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,15 %	19,73 %	6,01 %	1,78 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,43 %	9,46 %	2,37 %	0,69 %
Current Ratio	3,15	2,89	3,3	3,54
Quick Ratio	6,25	5,23	8,62	15,8
Equity Ratio	0,7	0,67	0,71	0,74
Gross Profit Margin	48,06 %	45 %	47,94 %	41,48 %