HORDALAND RØRTEKNIKK AS

5642 HOLMEFJORD

Finances

Return on Equity

22,32 %

Current Ratio

1,8

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	95 922 000	90 458 000	152 862 000	109 318 000
Net Income	3 669 000	−1 274 000	2 553 000	−4 991 000
Total Assets	33 539 000	35 027 000	39 109 000	37 131 000
Total Equity	16 439 000	14 539 000	15 118 000	11 578 000

Income (NOK)	2022	2021	2020	2019
Revenue	95 922 000	90 458 000	152 862 000	109 318 000
Expenditure	91 324 000	92 244 000	149 677 000	115 418 000
Operating Profit	4 599 000	−1 786 000	3 187 000	−6 100 000
Financial Income	308 000	268 000	254 000	49 000
Financial Costs	202 000	108 000	152 000	43 000
Financial Balance	106 000	160 000	102 000	6 000
Earnings Before Tax	4 704 000	−1 626 000	3 288 000	−6 095 000
Tax	1 035 000	−352 000	735 000	−1 103 000
Net Income	3 669 000	−1 274 000	2 553 000	−4 991 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 735 000	7 940 000	10 555 000	8 273 000
Total Current Assets	21 804 000	27 087 000	28 554 000	28 858 000
Total Assets	33 539 000	35 027 000	39 109 000	37 131 000
Total Retained Equity	14 936 000	13 036 000	13 616 000	10 075 000
Total Equity	16 439 000	14 539 000	15 118 000	11 578 000
Total Long-Term Debt	4 965 000	5 316 000	5 249 000	4 500 000
Total Current Debt	12 135 000	15 172 000	18 742 000	21 053 000
Total Equity and Debt	33 539 000	35 027 000	39 109 000	37 131 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	92 329 000	89 899 000	152 630 000	109 255 000
Other Income	3 593 000	559 000	233 000	64 000
Revenue	95 922 000	90 458 000	152 862 000	109 318 000
Cost of Goods Sold	58 297 000	52 059 000	107 087 000	77 103 000
Salary Costs	21 166 000	24 826 000	24 964 000	20 914 000
Depreciation	1 308 000	1 995 000	2 195 000	1 708 000
Impairment	0	0	0	0
Expenditure	91 324 000	92 244 000	149 677 000	115 418 000
Operating Profit	4 599 000	−1 786 000	3 187 000	−6 100 000
Financial Income	308 000	268 000	254 000	49 000
Financial Costs	202 000	108 000	152 000	43 000
Financial Balance	106 000	160 000	102 000	6 000
Dividends	0	0	0	0
Net Income	3 669 000	−1 274 000	2 553 000	−4 991 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	373 000	909 000	753 000	1 766 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	279 000	902 000	2 328 000	3 610 000
Fixtures	3 850 000	1 121 000	1 642 000	1 896 000
Total Tangible Assets	4 129 000	2 037 000	4 051 000	5 561 000
Total Fiancial Fixed Assets	7 233 000	4 994 000	5 752 000	946 000
Total Fixed Assets	11 735 000	7 940 000	10 555 000	8 273 000
Stock	6 127 000	5 756 000	4 911 000	4 427 000
Total Investments	0	0	0	0
Cash, Bank	1 940 000	3 535 000	6 157 000	7 313 000
Total Current Assets	21 804 000	27 087 000	28 554 000	28 858 000
Total Assets	33 539 000	35 027 000	39 109 000	37 131 000
Total Equity	16 439 000	14 539 000	15 118 000	11 578 000
Short-Term Group Debt	2 268 000	0	0	0
Total Long-Term Debt	4 965 000	5 316 000	5 249 000	4 500 000
Creditors	3 929 000	8 563 000	12 436 000	14 016 000
Unpaid Taxes	2 032 000	2 816 000	2 843 000	1 497 000
Dividends	0	0	0	0
Other Current Debt	3 906 000	3 794 000	3 463 000	5 534 000
Total Current Debt	12 135 000	15 172 000	18 742 000	21 053 000
Total Equity and Debt	33 539 000	35 027 000	39 109 000	37 131 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,32 %	−8,76 %	16,89 %	−43,11 %
Debt-to-Equity Ratio	0,3	0,37	0,35	0,39
Operating Profit Margin	4,79 %	−1,97 %	2,08 %	−5,58 %
Current Ratio	1,8	1,79	1,52	1,37
Quick Ratio	3,63	2,88	2,06	1,74
Equity Ratio	0,49	0,42	0,39	0,31
Gross Profit Margin	39,22 %	42,45 %	29,95 %	29,47 %