HOLEN RØRLEGGERSERVICE AS

1903 GAN

Finances

Return on Equity

75,89 %

Current Ratio

0,73

Debt-to-Equity Ratio

−2,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 588 000	3 686 000	3 555 000	2 498 000
Net Income	−878 000	−95 000	−100 000	−748 000
Total Assets	3 125 000	2 239 000	2 458 000	2 085 000
Total Equity	−1 157 000	−382 000	−286 000	−187 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 588 000	3 686 000	3 555 000	2 498 000
Expenditure	3 397 000	3 702 000	3 596 000	3 185 000
Operating Profit	−808 000	−17 000	−40 000	−685 000
Financial Income	0	1 000	0	5 000
Financial Costs	70 000	72 000	60 000	67 000
Financial Balance	−70 000	−71 000	−60 000	−62 000
Earnings Before Tax	−878 000	−88 000	−100 000	−748 000
Tax	0	7 000	0	0
Net Income	−878 000	−95 000	−100 000	−748 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 835 000	952 000	1 081 000	706 000
Total Current Assets	1 290 000	1 288 000	1 377 000	1 380 000
Total Assets	3 125 000	2 239 000	2 458 000	2 085 000
Total Retained Equity	−1 257 000	−482 000	−386 000	−287 000
Total Equity	−1 157 000	−382 000	−286 000	−187 000
Total Long-Term Debt	2 504 000	1 203 000	1 388 000	1 026 000
Total Current Debt	1 778 000	1 418 000	1 357 000	1 246 000
Total Equity and Debt	3 125 000	2 239 000	2 458 000	2 085 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 588 000	3 686 000	3 555 000	2 498 000
Other Income	0	0	0	0
Revenue	2 588 000	3 686 000	3 555 000	2 498 000
Cost of Goods Sold	1 182 000	1 839 000	1 648 000	1 127 000
Salary Costs	0	553 000	734 000	574 000
Depreciation	501 000	130 000	162 000	68 000
Impairment	0	0	0	0
Expenditure	3 397 000	3 702 000	3 596 000	3 185 000
Operating Profit	−808 000	−17 000	−40 000	−685 000
Financial Income	0	1 000	0	5 000
Financial Costs	70 000	72 000	60 000	67 000
Financial Balance	−70 000	−71 000	−60 000	−62 000
Dividends	0	0	0	0
Net Income	−878 000	−95 000	−100 000	−748 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	13 000	13 000	13 000
Real Eastate	0	373 000	373 000	373 000
Machinery and Plant Facilities	0	28 000	35 000	44 000
Fixtures	1 815 000	517 000	640 000	255 000
Total Tangible Assets	1 815 000	919 000	1 048 000	673 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	1 835 000	952 000	1 081 000	706 000
Stock	563 000	563 000	563 000	566 000
Total Investments	273 000	0	0	0
Cash, Bank	197 000	129 000	24 000	108 000
Total Current Assets	1 290 000	1 288 000	1 377 000	1 380 000
Total Assets	3 125 000	2 239 000	2 458 000	2 085 000
Total Equity	−1 157 000	−382 000	−286 000	−187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 504 000	1 203 000	1 388 000	1 026 000
Creditors	0	355 000	307 000	530 000
Unpaid Taxes	0	171 000	214 000	119 000
Dividends	0	0	0	0
Other Current Debt	1 778 000	892 000	721 000	597 000
Total Current Debt	1 778 000	1 418 000	1 357 000	1 246 000
Total Equity and Debt	3 125 000	2 239 000	2 458 000	2 085 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,89 %	24,87 %	34,97 %	400 %
Debt-to-Equity Ratio	−2,16	−3,15	−4,85	−5,49
Operating Profit Margin	−31,22 %	−0,46 %	−1,13 %	−27,42 %
Current Ratio	0,73	0,91	1,01	1,11
Quick Ratio	1,06	1,51	1,73	2,03
Equity Ratio	−0,37	−0,17	−0,12	−0,09
Gross Profit Margin	54,33 %	50,11 %	53,64 %	54,88 %