HRL ENTREPRENØR AS

3917 PORSGRUNN

Finances

Share Ownership

Return on Equity

41,91 %

Current Ratio

1,42

Debt-to-Equity Ratio

0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	343 277 000	299 665 000	454 085 000	447 390 000
Net Income	8 933 000	−8 361 000	−15 644 000	−7 333 000
Total Assets	104 426 000	111 532 000	96 999 000	122 728 000
Total Equity	21 313 000	18 000 000	8 281 000	8 022 000

Income (NOK)	2022	2021	2020	2019
Revenue	343 277 000	299 665 000	454 085 000	447 390 000
Expenditure	331 899 000	310 055 000	474 181 000	457 995 000
Operating Profit	11 378 000	−10 389 000	−20 097 000	−10 605 000
Financial Income	84 000	30 000	395 000	1 265 000
Financial Costs	180 000	235 000	267 000	44 000
Financial Balance	−96 000	−205 000	128 000	1 221 000
Earnings Before Tax	11 283 000	−10 594 000	−19 969 000	−9 384 000
Tax	2 349 000	−2 233 000	−4 324 000	−2 051 000
Net Income	8 933 000	−8 361 000	−15 644 000	−7 333 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 665 000	146 000	890 000	1 285 000
Total Current Assets	102 761 000	111 386 000	96 109 000	121 444 000
Total Assets	104 426 000	111 532 000	96 999 000	122 728 000
Total Retained Equity	3 933 000	0	54 000	0
Total Equity	21 313 000	18 000 000	8 281 000	8 022 000
Total Long-Term Debt	10 791 000	8 442 000	10 017 000	6 811 000
Total Current Debt	72 322 000	85 090 000	78 701 000	107 895 000
Total Equity and Debt	104 426 000	111 532 000	96 999 000	122 728 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	342 305 000	293 340 000	454 085 000	447 390 000
Other Income	972 000	6 325 000	0	0
Revenue	343 277 000	299 665 000	454 085 000	447 390 000
Cost of Goods Sold	244 796 000	218 517 000	354 158 000	327 572 000
Salary Costs	60 249 000	61 387 000	73 021 000	80 237 000
Depreciation	168 000	106 000	394 000	436 000
Impairment	0	0	0	0
Expenditure	331 899 000	310 055 000	474 181 000	457 995 000
Operating Profit	11 378 000	−10 389 000	−20 097 000	−10 605 000
Financial Income	84 000	30 000	395 000	1 265 000
Financial Costs	180 000	235 000	267 000	44 000
Financial Balance	−96 000	−205 000	128 000	1 221 000
Dividends	5 000 000	0	11 000 000	0
Net Income	8 933 000	−8 361 000	−15 644 000	−7 333 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	541 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 124 000	146 000	890 000	1 285 000
Total Tangible Assets	1 124 000	146 000	890 000	1 285 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 665 000	146 000	890 000	1 285 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	43 603 000	2 067 000	2 600 000	74 778 000
Total Current Assets	102 761 000	111 386 000	96 109 000	121 444 000
Total Assets	104 426 000	111 532 000	96 999 000	122 728 000
Total Equity	21 313 000	18 000 000	8 281 000	8 022 000
Short-Term Group Debt	0	19 660 000	11 409 000	0
Total Long-Term Debt	10 791 000	8 442 000	10 017 000	6 811 000
Creditors	48 214 000	33 130 000	28 707 000	61 875 000
Unpaid Taxes	4 962 000	6 608 000	4 971 000	9 521 000
Dividends	5 000 000	0	11 000 000	0
Other Current Debt	14 146 000	25 693 000	22 613 000	36 498 000
Total Current Debt	72 322 000	85 090 000	78 701 000	107 895 000
Total Equity and Debt	104 426 000	111 532 000	96 999 000	122 728 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,91 %	−46,45 %	−188,91 %	−91,41 %
Debt-to-Equity Ratio	0,51	0,47	1,21	0,85
Operating Profit Margin	3,31 %	−3,47 %	−4,43 %	−2,37 %
Current Ratio	1,42	1,31	1,22	1,13
Quick Ratio	1,42	1,31	1,22	1,13
Equity Ratio	0,2	0,16	0,09	0,07
Gross Profit Margin	28,69 %	27,08 %	22,01 %	26,78 %