HAMMERNES RØRLEGGERSERVICE AS

7240 HITRA

Finances

Return on Equity

29,88 %

Current Ratio

3,61

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 070 000	2 627 000	2 659 000	2 677 000
Net Income	317 000	100 000	27 000	−171 000
Total Assets	1 460 000	1 094 000	988 000	857 000
Total Equity	1 061 000	745 000	645 000	618 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 070 000	2 627 000	2 659 000	2 677 000
Expenditure	1 740 000	2 527 000	2 640 000	2 858 000
Operating Profit	331 000	100 000	21 000	−180 000
Financial Income	10 000	0	6 000	10 000
Financial Costs	1 000	0	0	1 000
Financial Balance	9 000	0	6 000	9 000
Earnings Before Tax	340 000	100 000	27 000	−171 000
Tax	24 000	0	0	0
Net Income	317 000	100 000	27 000	−171 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	67 000	69 000	71 000	73 000
Total Current Assets	1 393 000	1 025 000	917 000	784 000
Total Assets	1 460 000	1 094 000	988 000	857 000
Total Retained Equity	957 000	641 000	541 000	514 000
Total Equity	1 061 000	745 000	645 000	618 000
Total Long-Term Debt	12 000	0	0	0
Total Current Debt	386 000	350 000	343 000	239 000
Total Equity and Debt	1 460 000	1 094 000	988 000	857 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 070 000	2 539 000	2 659 000	2 677 000
Other Income	0	88 000	0	0
Revenue	2 070 000	2 627 000	2 659 000	2 677 000
Cost of Goods Sold	584 000	1 286 000	1 345 000	1 605 000
Salary Costs	779 000	823 000	824 000	826 000
Depreciation	2 000	2 000	2 000	2 000
Impairment	0	0	0	0
Expenditure	1 740 000	2 527 000	2 640 000	2 858 000
Operating Profit	331 000	100 000	21 000	−180 000
Financial Income	10 000	0	6 000	10 000
Financial Costs	1 000	0	0	1 000
Financial Balance	9 000	0	6 000	9 000
Dividends	0	0	0	0
Net Income	317 000	100 000	27 000	−171 000

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	12 000	14 000	16 000	18 000
Fixtures	0	0	0	0
Total Tangible Assets	12 000	14 000	16 000	18 000
Total Fiancial Fixed Assets	55 000	55 000	55 000	55 000
Total Fixed Assets	67 000	69 000	71 000	73 000
Stock	230 000	169 000	137 000	185 000
Total Investments	0	0	0	0
Cash, Bank	587 000	314 000	525 000	354 000
Total Current Assets	1 393 000	1 025 000	917 000	784 000
Total Assets	1 460 000	1 094 000	988 000	857 000
Total Equity	1 061 000	745 000	645 000	618 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 000	0	0	0
Creditors	110 000	18 000	26 000	4 000
Unpaid Taxes	138 000	185 000	130 000	45 000
Dividends	0	0	0	0
Other Current Debt	127 000	146 000	187 000	190 000
Total Current Debt	386 000	350 000	343 000	239 000
Total Equity and Debt	1 460 000	1 094 000	988 000	857 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,88 %	13,42 %	4,19 %	−27,67 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	15,99 %	3,81 %	0,79 %	−6,72 %
Current Ratio	3,61	2,93	2,67	3,28
Quick Ratio	8,93	5,66	4,45	14,52
Equity Ratio	0,73	0,68	0,65	0,72
Gross Profit Margin	71,79 %	51,05 %	49,42 %	40,04 %