HORDALAND SERVICE AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

N/A

Current Ratio

N/A

Debt-to-Equity Ratio

N/A

Key figures (NOK)	2022	2021	2020	2019
Revenue	861 000	1 128 000	872 000	860 000
Net Income	14 000	13 000	29 000	18 000
Total Assets	0	464 000	1 236 000	1 335 000
Total Equity	0	−46 000	−56 000	−86 000

Income (NOK)	2022	2021	2020	2019
Revenue	861 000	1 128 000	872 000	860 000
Expenditure	847 000	1 139 000	842 000	842 000
Operating Profit	14 000	13 000	29 000	18 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	14 000	13 000	29 000	18 000
Tax	0	0	0	0
Net Income	14 000	13 000	29 000	18 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	60 000	60 000	60 000
Total Current Assets	403 000	1 176 000	1 275 000
Total Assets	464 000	1 236 000	1 335 000
Total Retained Equity	0	−186 000	−204 000
Total Equity	−46 000	−56 000	−86 000
Total Long-Term Debt	−91 000	−10 000	−10 000
Total Current Debt	601 000	1 302 000	1 430 000
Total Equity and Debt	464 000	1 236 000	1 335 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	822 000	1 128 000	872 000	860 000
Other Income	39 000	0	0	0
Revenue	861 000	1 128 000	872 000	860 000
Cost of Goods Sold	586 000	888 000	570 000	533 000
Salary Costs	188 000	205 000	87 000	201 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	847 000	1 139 000	842 000	842 000
Operating Profit	14 000	13 000	29 000	18 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	14 000	13 000	29 000	18 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	29 000	29 000	29 000
Fixtures	31 000	0	0
Total Tangible Assets	60 000	29 000	29 000
Total Fiancial Fixed Assets	0	31 000	31 000
Total Fixed Assets	60 000	60 000	60 000
Stock	81 000	56 000	56 000
Total Investments	0	0	0
Cash, Bank	63 000	152 000	213 000
Total Current Assets	403 000	1 176 000	1 275 000
Total Assets	464 000	1 236 000	1 335 000
Total Equity	−46 000	−56 000	−86 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	−91 000	−10 000	−10 000
Creditors	0	154 000	107 000
Unpaid Taxes	−91 000	−92 000	−29 000
Dividends	0	0	0
Other Current Debt	698 000	1 307 000	1 415 000
Total Current Debt	601 000	1 302 000	1 430 000
Total Equity and Debt	464 000	1 236 000	1 335 000

Financial indicators	2022	2021	2020	2019
Return on Equity	-	−28,26 %	−51,79 %	−20,93 %
Debt-to-Equity Ratio	-	1,98	0,18	0,12
Operating Profit Margin	1,63 %	1,15 %	3,33 %	2,09 %
Current Ratio	-	0,67	0,9	0,89
Quick Ratio	-	0,78	0,94	0,93
Equity Ratio	-	−0,1	−0,05	−0,06
Gross Profit Margin	31,94 %	21,28 %	34,63 %	38,02 %