HOSETH SERVICE AS

6628 MEISINGSET

Finances

Share Ownership

Return on Equity

13,51 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 243 000	11 882 000	11 501 000	10 692 000
Net Income	186 000	333 000	185 000	202 000
Total Assets	2 781 000	2 600 000	2 367 000	2 084 000
Total Equity	1 377 000	1 191 000	858 000	673 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 243 000	11 882 000	11 501 000	10 692 000
Expenditure	11 010 000	11 437 000	11 242 000	10 382 000
Operating Profit	233 000	445 000	259 000	308 000
Financial Income	7 000	1 000	1 000	1 000
Financial Costs	9 000	15 000	34 000	61 000
Financial Balance	−2 000	−14 000	−33 000	−60 000
Earnings Before Tax	231 000	432 000	226 000	248 000
Tax	45 000	99 000	41 000	47 000
Net Income	186 000	333 000	185 000	202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	633 000	657 000	737 000	738 000
Total Current Assets	2 147 000	1 943 000	1 630 000	1 346 000
Total Assets	2 781 000	2 600 000	2 367 000	2 084 000
Total Retained Equity	682 000	496 000	163 000	−22 000
Total Equity	1 377 000	1 191 000	858 000	673 000
Total Long-Term Debt	238 000	466 000	551 000	607 000
Total Current Debt	1 165 000	943 000	958 000	803 000
Total Equity and Debt	2 781 000	2 600 000	2 367 000	2 084 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 690 000	11 202 000	11 055 000	10 183 000
Other Income	553 000	680 000	447 000	508 000
Revenue	11 243 000	11 882 000	11 501 000	10 692 000
Cost of Goods Sold	7 811 000	8 406 000	8 209 000	7 686 000
Salary Costs	1 972 000	1 909 000	1 990 000	1 689 000
Depreciation	148 000	123 000	110 000	114 000
Impairment	0	0	0	0
Expenditure	11 010 000	11 437 000	11 242 000	10 382 000
Operating Profit	233 000	445 000	259 000	308 000
Financial Income	7 000	1 000	1 000	1 000
Financial Costs	9 000	15 000	34 000	61 000
Financial Balance	−2 000	−14 000	−33 000	−60 000
Dividends	0	0	0	0
Net Income	186 000	333 000	185 000	202 000

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	0	0	0	0
Fixtures	398 000	374 000	408 000	363 000
Total Tangible Assets	398 000	374 000	408 000	363 000
Total Fiancial Fixed Assets	236 000	282 000	329 000	376 000
Total Fixed Assets	633 000	657 000	737 000	738 000
Stock	1 095 000	985 000	907 000	794 000
Total Investments	0	2 000	2 000	2 000
Cash, Bank	783 000	837 000	615 000	447 000
Total Current Assets	2 147 000	1 943 000	1 630 000	1 346 000
Total Assets	2 781 000	2 600 000	2 367 000	2 084 000
Total Equity	1 377 000	1 191 000	858 000	673 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	238 000	466 000	551 000	607 000
Creditors	590 000	419 000	493 000	460 000
Unpaid Taxes	176 000	199 000	150 000	109 000
Dividends	0	0	0	0
Other Current Debt	354 000	227 000	274 000	182 000
Total Current Debt	1 165 000	943 000	958 000	803 000
Total Equity and Debt	2 781 000	2 600 000	2 367 000	2 084 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,51 %	27,96 %	21,56 %	30,01 %
Debt-to-Equity Ratio	0,17	0,39	0,64	0,9
Operating Profit Margin	2,07 %	3,75 %	2,25 %	2,88 %
Current Ratio	1,84	2,06	1,7	1,68
Quick Ratio	30,67	−46,26	31,96	149,56
Equity Ratio	0,5	0,46	0,36	0,32
Gross Profit Margin	30,53 %	29,25 %	28,62 %	28,11 %