HEMSEDAL MALERSERVICE AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

631,35 %

Current Ratio

1,02

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 539 000	6 395 000	6 014 000	5 866 000
Net Income	1 913 000	1 486 000	3 320 000	1 170 000
Total Assets	4 142 000	3 446 000	3 172 000	8 349 000
Total Equity	303 000	393 000	411 000	6 786 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 539 000	6 395 000	6 014 000	5 866 000
Expenditure	6 118 000	4 491 000	4 639 000	4 439 000
Operating Profit	2 422 000	1 904 000	1 376 000	1 427 000
Financial Income	38 000	1 000	2 261 000	10 000
Financial Costs	6 000	0	19 000	13 000
Financial Balance	32 000	1 000	2 242 000	−3 000
Earnings Before Tax	2 453 000	1 905 000	3 619 000	1 424 000
Tax	540 000	419 000	299 000	254 000
Net Income	1 913 000	1 486 000	3 320 000	1 170 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	507 000	370 000	409 000	503 000
Total Current Assets	3 634 000	3 077 000	2 763 000	7 846 000
Total Assets	4 142 000	3 446 000	3 172 000	8 349 000
Total Retained Equity	127 000	217 000	235 000	6 736 000
Total Equity	303 000	393 000	411 000	6 786 000
Total Long-Term Debt	271 000	10 000	16 000	423 000
Total Current Debt	3 568 000	3 043 000	2 745 000	1 139 000
Total Equity and Debt	4 142 000	3 446 000	3 172 000	8 349 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 539 000	6 395 000	6 014 000	5 710 000
Other Income	0	0	0	156 000
Revenue	8 539 000	6 395 000	6 014 000	5 866 000
Cost of Goods Sold	2 505 000	1 627 000	1 852 000	1 931 000
Salary Costs	2 323 000	2 143 000	2 114 000	2 207 000
Depreciation	214 000	104 000	94 000	23 000
Impairment	0	0	0	0
Expenditure	6 118 000	4 491 000	4 639 000	4 439 000
Operating Profit	2 422 000	1 904 000	1 376 000	1 427 000
Financial Income	38 000	1 000	2 261 000	10 000
Financial Costs	6 000	0	19 000	13 000
Financial Balance	32 000	1 000	2 242 000	−3 000
Dividends	0	0	0	0
Net Income	1 913 000	1 486 000	3 320 000	1 170 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	54 000	0	0
Fixtures	492 000	316 000	409 000	503 000
Total Tangible Assets	492 000	370 000	409 000	503 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	507 000	370 000	409 000	503 000
Stock	101 000	54 000	83 000	88 000
Total Investments	0	0	0	5 077 000
Cash, Bank	273 000	57 000	105 000	1 923 000
Total Current Assets	3 634 000	3 077 000	2 763 000	7 846 000
Total Assets	4 142 000	3 446 000	3 172 000	8 349 000
Total Equity	303 000	393 000	411 000	6 786 000
Short-Term Group Debt	2 587 000	1 929 000	1 364 000	0
Total Long-Term Debt	271 000	10 000	16 000	423 000
Creditors	352 000	109 000	91 000	113 000
Unpaid Taxes	279 000	214 000	1 050 000	549 000
Dividends	0	0	0	0
Other Current Debt	349 000	792 000	240 000	240 000
Total Current Debt	3 568 000	3 043 000	2 745 000	1 139 000
Total Equity and Debt	4 142 000	3 446 000	3 172 000	8 349 000

Financial indicators	2022	2021	2020	2019
Return on Equity	631,35 %	378,12 %	807,79 %	17,24 %
Debt-to-Equity Ratio	0,89	0,03	0,04	0,06
Operating Profit Margin	28,36 %	29,77 %	22,88 %	24,33 %
Current Ratio	1,02	1,01	1,01	6,89
Quick Ratio	1,05	1,03	1,04	7,47
Equity Ratio	0,07	0,11	0,13	0,81
Gross Profit Margin	70,66 %	74,56 %	69,21 %	67,08 %