HØLAND RØR AS

1970 HEMNES

Finances

Return on Equity

11,82 %

Current Ratio

2,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 530 000	12 428 000	10 727 000	13 939 000
Net Income	855 000	1 222 000	1 897 000	827 000
Total Assets	12 589 000	11 092 000	10 561 000	9 894 000
Total Equity	7 231 000	8 376 000	7 404 000	5 707 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 530 000	12 428 000	10 727 000	13 939 000
Expenditure	13 434 000	10 846 000	8 304 000	13 120 000
Operating Profit	1 095 000	1 581 000	2 423 000	819 000
Financial Income	38 000	28 000	39 000	235 000
Financial Costs	36 000	42 000	30 000	40 000
Financial Balance	2 000	−14 000	9 000	195 000
Earnings Before Tax	1 097 000	1 567 000	2 433 000	1 013 000
Tax	242 000	345 000	536 000	186 000
Net Income	855 000	1 222 000	1 897 000	827 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 200 000	920 000	1 598 000	1 203 000
Total Current Assets	11 389 000	10 172 000	8 963 000	8 691 000
Total Assets	12 589 000	11 092 000	10 561 000	9 894 000
Total Retained Equity	7 131 000	8 276 000	7 304 000	5 607 000
Total Equity	7 231 000	8 376 000	7 404 000	5 707 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 358 000	2 715 000	3 157 000	4 186 000
Total Equity and Debt	12 589 000	11 092 000	10 561 000	9 894 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 311 000	12 378 000	10 687 000	14 025 000
Other Income	218 000	50 000	40 000	−86 000
Revenue	14 530 000	12 428 000	10 727 000	13 939 000
Cost of Goods Sold	8 281 000	7 105 000	4 032 000	9 054 000
Salary Costs	2 617 000	2 498 000	2 154 000	2 422 000
Depreciation	507 000	614 000	485 000	512 000
Impairment	0	0	0	0
Expenditure	13 434 000	10 846 000	8 304 000	13 120 000
Operating Profit	1 095 000	1 581 000	2 423 000	819 000
Financial Income	38 000	28 000	39 000	235 000
Financial Costs	36 000	42 000	30 000	40 000
Financial Balance	2 000	−14 000	9 000	195 000
Dividends	2 000 000	250 000	200 000	190 000
Net Income	855 000	1 222 000	1 897 000	827 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	370 000	205 000	269 000	106 000
Real Eastate	0	0	4 000	8 000
Machinery and Plant Facilities	16 000	23 000	56 000	102 000
Fixtures	794 000	673 000	1 249 000	968 000
Total Tangible Assets	810 000	695 000	1 309 000	1 077 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	1 200 000	920 000	1 598 000	1 203 000
Stock	634 000	589 000	368 000	319 000
Total Investments	0	0	0	0
Cash, Bank	5 217 000	4 535 000	5 238 000	3 373 000
Total Current Assets	11 389 000	10 172 000	8 963 000	8 691 000
Total Assets	12 589 000	11 092 000	10 561 000	9 894 000
Total Equity	7 231 000	8 376 000	7 404 000	5 707 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 377 000	570 000	1 037 000	852 000
Unpaid Taxes	1 192 000	771 000	798 000	853 000
Dividends	2 000 000	250 000	200 000	190 000
Other Current Debt	381 000	843 000	423 000	2 037 000
Total Current Debt	5 358 000	2 715 000	3 157 000	4 186 000
Total Equity and Debt	12 589 000	11 092 000	10 561 000	9 894 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,82 %	14,59 %	25,62 %	14,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,54 %	12,72 %	22,59 %	5,88 %
Current Ratio	2,13	3,75	2,84	2,08
Quick Ratio	2,41	4,78	3,21	2,25
Equity Ratio	0,57	0,76	0,7	0,58
Gross Profit Margin	43,01 %	42,83 %	62,41 %	35,05 %