HARDANGER FJELLBORING AS

5736 GRANVIN

Finances

Return on Equity

20,82 %

Current Ratio

3,86

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 271 000	9 765 000	8 634 000	8 541 000
Net Income	2 817 000	−75 000	39 000	1 822 000
Total Assets	17 457 000	12 336 000	12 147 000	13 217 000
Total Equity	13 530 000	10 714 000	10 789 000	11 337 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 271 000	9 765 000	8 634 000	8 541 000
Expenditure	18 706 000	9 901 000	8 564 000	6 270 000
Operating Profit	3 566 000	−137 000	71 000	2 271 000
Financial Income	56 000	41 000	54 000	68 000
Financial Costs	10 000	1 000	59 000	3 000
Financial Balance	46 000	40 000	−5 000	65 000
Earnings Before Tax	3 611 000	−97 000	66 000	2 336 000
Tax	794 000	−21 000	27 000	514 000
Net Income	2 817 000	−75 000	39 000	1 822 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 796 000	1 841 000	1 182 000	1 799 000
Total Current Assets	14 661 000	10 496 000	10 966 000	11 417 000
Total Assets	17 457 000	12 336 000	12 147 000	13 217 000
Total Retained Equity	13 430 000	10 614 000	10 689 000	11 237 000
Total Equity	13 530 000	10 714 000	10 789 000	11 337 000
Total Long-Term Debt	128 000	50 000	133 000	29 000
Total Current Debt	3 799 000	1 573 000	1 225 000	1 851 000
Total Equity and Debt	17 457 000	12 336 000	12 147 000	13 217 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 393 000	9 532 000	7 670 000	7 230 000
Other Income	1 878 000	232 000	964 000	1 312 000
Revenue	22 271 000	9 765 000	8 634 000	8 541 000
Cost of Goods Sold	5 659 000	1 954 000	895 000	948 000
Salary Costs	4 708 000	2 519 000	2 023 000	1 467 000
Depreciation	683 000	467 000	409 000	294 000
Impairment	0	0	0	0
Expenditure	18 706 000	9 901 000	8 564 000	6 270 000
Operating Profit	3 566 000	−137 000	71 000	2 271 000
Financial Income	56 000	41 000	54 000	68 000
Financial Costs	10 000	1 000	59 000	3 000
Financial Balance	46 000	40 000	−5 000	65 000
Dividends	0	0	0	0
Net Income	2 817 000	−75 000	39 000	1 822 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	135 000	135 000	135 000	135 000
Machinery and Plant Facilities	2 007 000	1 545 000	721 000	561 000
Fixtures	569 000	105 000	271 000	505 000
Total Tangible Assets	2 711 000	1 786 000	1 127 000	1 201 000
Total Fiancial Fixed Assets	85 000	55 000	55 000	598 000
Total Fixed Assets	2 796 000	1 841 000	1 182 000	1 799 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 570 000	4 402 000	5 740 000	3 957 000
Total Current Assets	14 661 000	10 496 000	10 966 000	11 417 000
Total Assets	17 457 000	12 336 000	12 147 000	13 217 000
Total Equity	13 530 000	10 714 000	10 789 000	11 337 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	128 000	50 000	133 000	29 000
Creditors	2 047 000	980 000	487 000	352 000
Unpaid Taxes	245 000	326 000	509 000	1 080 000
Dividends	0	0	0	0
Other Current Debt	790 000	205 000	229 000	144 000
Total Current Debt	3 799 000	1 573 000	1 225 000	1 851 000
Total Equity and Debt	17 457 000	12 336 000	12 147 000	13 217 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,82 %	−0,7 %	0,36 %	16,07 %
Debt-to-Equity Ratio	0,01	0	0,01	0
Operating Profit Margin	16,01 %	−1,4 %	0,82 %	26,59 %
Current Ratio	3,86	6,67	8,95	6,17
Quick Ratio	3,86	6,67	8,95	6,17
Equity Ratio	0,78	0,87	0,89	0,86
Gross Profit Margin	74,59 %	79,99 %	89,63 %	88,9 %