HJELMÅS VVS AS

5913 EIKANGERVÅG

Finances

Return on Equity

29,29 %

Current Ratio

1,92

Debt-to-Equity Ratio

0,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 443 000	36 338 000	31 995 000	27 305 000
Net Income	1 982 000	3 704 000	1 140 000	−322 000
Total Assets	24 840 000	27 216 000	21 886 000	19 739 000
Total Equity	6 766 000	5 784 000	4 840 000	3 700 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 443 000	36 338 000	31 995 000	27 305 000
Expenditure	29 804 000	31 431 000	30 378 000	27 671 000
Operating Profit	2 638 000	4 907 000	1 616 000	−367 000
Financial Income	25 000	17 000	4 000	67 000
Financial Costs	118 000	173 000	130 000	111 000
Financial Balance	−93 000	−156 000	−126 000	−44 000
Earnings Before Tax	2 545 000	4 751 000	1 490 000	−411 000
Tax	563 000	1 047 000	351 000	−89 000
Net Income	1 982 000	3 704 000	1 140 000	−322 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 812 000	1 723 000	1 896 000	2 355 000
Total Current Assets	23 028 000	25 494 000	19 991 000	17 385 000
Total Assets	24 840 000	27 216 000	21 886 000	19 739 000
Total Retained Equity	6 543 000	5 561 000	4 617 000	3 477 000
Total Equity	6 766 000	5 784 000	4 840 000	3 700 000
Total Long-Term Debt	6 095 000	6 748 000	7 380 000	7 792 000
Total Current Debt	11 979 000	14 684 000	9 667 000	8 248 000
Total Equity and Debt	24 840 000	27 216 000	21 886 000	19 739 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 286 000	36 145 000	31 907 000	27 190 000
Other Income	158 000	193 000	88 000	115 000
Revenue	32 443 000	36 338 000	31 995 000	27 305 000
Cost of Goods Sold	14 430 000	15 414 000	14 057 000	12 318 000
Salary Costs	10 971 000	11 694 000	11 322 000	10 937 000
Depreciation	129 000	201 000	213 000	326 000
Impairment	0	0	0	0
Expenditure	29 804 000	31 431 000	30 378 000	27 671 000
Operating Profit	2 638 000	4 907 000	1 616 000	−367 000
Financial Income	25 000	17 000	4 000	67 000
Financial Costs	118 000	173 000	130 000	111 000
Financial Balance	−93 000	−156 000	−126 000	−44 000
Dividends	1 000 000	2 760 000	0	400 000
Net Income	1 982 000	3 704 000	1 140 000	−322 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	103 000	120 000	92 000	216 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	352 000	414 000	616 000	932 000
Total Tangible Assets	352 000	414 000	616 000	932 000
Total Fiancial Fixed Assets	1 358 000	1 189 000	1 188 000	1 206 000
Total Fixed Assets	1 812 000	1 723 000	1 896 000	2 355 000
Stock	4 903 000	4 874 000	4 580 000	3 963 000
Total Investments	0	0	0	0
Cash, Bank	3 354 000	725 000	718 000	833 000
Total Current Assets	23 028 000	25 494 000	19 991 000	17 385 000
Total Assets	24 840 000	27 216 000	21 886 000	19 739 000
Total Equity	6 766 000	5 784 000	4 840 000	3 700 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 095 000	6 748 000	7 380 000	7 792 000
Creditors	2 786 000	1 795 000	1 866 000	1 350 000
Unpaid Taxes	3 576 000	4 130 000	3 198 000	3 348 000
Dividends	1 000 000	2 760 000	0	400 000
Other Current Debt	4 071 000	2 138 000	1 541 000	2 239 000
Total Current Debt	11 979 000	14 684 000	9 667 000	8 248 000
Total Equity and Debt	24 840 000	27 216 000	21 886 000	19 739 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,29 %	64,04 %	23,55 %	−8,7 %
Debt-to-Equity Ratio	0,9	1,17	1,52	2,11
Operating Profit Margin	8,13 %	13,5 %	5,05 %	−1,34 %
Current Ratio	1,92	1,74	2,07	2,11
Quick Ratio	3,25	2,6	3,93	4,06
Equity Ratio	0,27	0,21	0,22	0,19
Gross Profit Margin	55,52 %	57,58 %	56,07 %	54,89 %