HLO REVISJON & RÅDGIVNING AS

3211 SANDEFJORD

Finances

Return on Equity

263,7 %

Current Ratio

1,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	36 357 000	35 656 000	32 267 000	30 311 000
Net Income	5 274 000	5 954 000	4 743 000	4 064 000
Total Assets	16 252 000	12 593 000	15 816 000	14 517 000
Total Equity	2 000 000	2 000 000	2 000 000	2 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	36 357 000	35 656 000	32 267 000	30 311 000
Expenditure	29 641 000	28 012 000	26 173 000	25 135 000
Operating Profit	6 717 000	7 644 000	6 094 000	5 177 000
Financial Income	68 000	19 000	32 000	61 000
Financial Costs	0	0	0	0
Financial Balance	68 000	19 000	32 000	61 000
Earnings Before Tax	6 785 000	7 664 000	6 126 000	5 238 000
Tax	1 511 000	1 710 000	1 383 000	1 174 000
Net Income	5 274 000	5 954 000	4 743 000	4 064 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	486 000	488 000	640 000	519 000
Total Current Assets	15 766 000	12 105 000	15 176 000	13 998 000
Total Assets	16 252 000	12 593 000	15 816 000	14 517 000
Total Retained Equity	0	0	0	0
Total Equity	2 000 000	2 000 000	2 000 000	2 000 000
Total Long-Term Debt	0	0	375 000	375 000
Total Current Debt	14 252 000	10 593 000	13 441 000	12 142 000
Total Equity and Debt	16 252 000	12 593 000	15 816 000	14 517 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	36 351 000	35 651 000	32 258 000	30 298 000
Other Income	6 000	5 000	9 000	13 000
Revenue	36 357 000	35 656 000	32 267 000	30 311 000
Cost of Goods Sold	0	0	0	0
Salary Costs	24 257 000	23 266 000	21 092 000	20 626 000
Depreciation	131 000	130 000	101 000	88 000
Impairment	0	0	0	0
Expenditure	29 641 000	28 012 000	26 173 000	25 135 000
Operating Profit	6 717 000	7 644 000	6 094 000	5 177 000
Financial Income	68 000	19 000	32 000	61 000
Financial Costs	0	0	0	0
Financial Balance	68 000	19 000	32 000	61 000
Dividends	5 274 000	654 000	4 743 000	4 064 000
Net Income	5 274 000	5 954 000	4 743 000	4 064 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	70 000	94 000	142 000	120 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	388 000	366 000	471 000	371 000
Total Tangible Assets	388 000	366 000	471 000	371 000
Total Fiancial Fixed Assets	28 000	28 000	28 000	28 000
Total Fixed Assets	486 000	488 000	640 000	519 000
Stock	0	0	0	0
Total Investments	3 031 000	3 031 000	3 013 000	0
Cash, Bank	8 290 000	5 170 000	8 190 000	10 751 000
Total Current Assets	15 766 000	12 105 000	15 176 000	13 998 000
Total Assets	16 252 000	12 593 000	15 816 000	14 517 000
Total Equity	2 000 000	2 000 000	2 000 000	2 000 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	375 000	375 000
Creditors	422 000	562 000	297 000	214 000
Unpaid Taxes	3 968 000	2 899 000	2 371 000	2 548 000
Dividends	5 274 000	654 000	4 743 000	4 064 000
Other Current Debt	3 101 000	4 816 000	4 626 000	4 160 000
Total Current Debt	14 252 000	10 593 000	13 441 000	12 142 000
Total Equity and Debt	16 252 000	12 593 000	15 816 000	14 517 000

Financial indicators	2022	2021	2020	2019
Return on Equity	263,7 %	297,7 %	237,15 %	203,2 %
Debt-to-Equity Ratio	0	0	0,19	0,19
Operating Profit Margin	18,48 %	21,44 %	18,89 %	17,08 %
Current Ratio	1,11	1,14	1,13	1,15
Quick Ratio	1,11	1,14	1,13	1,15
Equity Ratio	0,12	0,16	0,13	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %