HORDALAND ASFALT AS

5132 NYBORG

Finances

Share Ownership

Return on Equity

28,07 %

Current Ratio

1,75

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	56 735 000	44 155 000	41 340 000	42 009 000
Net Income	2 661 000	1 096 000	2 414 000	897 000
Total Assets	18 672 000	12 949 000	11 526 000	9 842 000
Total Equity	9 481 000	6 820 000	5 724 000	3 310 000

Income (NOK)	2022	2021	2020	2019
Revenue	56 735 000	44 155 000	41 340 000	42 009 000
Expenditure	53 204 000	42 626 000	38 746 000	40 907 000
Operating Profit	3 529 000	1 529 000	2 594 000	1 101 000
Financial Income	64 000	51 000	69 000	54 000
Financial Costs	171 000	148 000	155 000	259 000
Financial Balance	−107 000	−97 000	−86 000	−205 000
Earnings Before Tax	3 423 000	1 433 000	2 508 000	897 000
Tax	761 000	337 000	94 000	0
Net Income	2 661 000	1 096 000	2 414 000	897 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 894 000	4 289 000	4 258 000	2 679 000
Total Current Assets	14 779 000	8 660 000	7 269 000	7 163 000
Total Assets	18 672 000	12 949 000	11 526 000	9 842 000
Total Retained Equity	9 271 000	6 610 000	5 514 000	3 100 000
Total Equity	9 481 000	6 820 000	5 724 000	3 310 000
Total Long-Term Debt	753 000	869 000	995 000	0
Total Current Debt	8 438 000	5 260 000	4 807 000	6 532 000
Total Equity and Debt	18 672 000	12 949 000	11 526 000	9 842 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	56 522 000	43 339 000	41 215 000	41 743 000
Other Income	212 000	816 000	125 000	265 000
Revenue	56 735 000	44 155 000	41 340 000	42 009 000
Cost of Goods Sold	21 164 000	16 055 000	16 332 000	14 958 000
Salary Costs	16 913 000	14 110 000	11 125 000	13 157 000
Depreciation	803 000	678 000	530 000	374 000
Impairment	0	0	0	0
Expenditure	53 204 000	42 626 000	38 746 000	40 907 000
Operating Profit	3 529 000	1 529 000	2 594 000	1 101 000
Financial Income	64 000	51 000	69 000	54 000
Financial Costs	171 000	148 000	155 000	259 000
Financial Balance	−107 000	−97 000	−86 000	−205 000
Dividends	0	0	0	0
Net Income	2 661 000	1 096 000	2 414 000	897 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	88 000	98 000	0	0
Real Eastate	1 808 000	1 917 000	2 026 000	2 135 000
Machinery and Plant Facilities	741 000	688 000	685 000	380 000
Fixtures	1 257 000	1 585 000	1 546 000	152 000
Total Tangible Assets	3 805 000	4 191 000	4 258 000	2 668 000
Total Fiancial Fixed Assets	0	0	0	12 000
Total Fixed Assets	3 894 000	4 289 000	4 258 000	2 679 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 022 000	2 967 000	1 481 000	675 000
Total Current Assets	14 779 000	8 660 000	7 269 000	7 163 000
Total Assets	18 672 000	12 949 000	11 526 000	9 842 000
Total Equity	9 481 000	6 820 000	5 724 000	3 310 000
Short-Term Group Debt	0	0	0	1 582 000
Total Long-Term Debt	753 000	869 000	995 000	0
Creditors	3 943 000	1 850 000	1 698 000	1 863 000
Unpaid Taxes	1 705 000	1 597 000	1 505 000	1 619 000
Dividends	0	0	0	0
Other Current Debt	2 028 000	1 476 000	1 511 000	1 469 000
Total Current Debt	8 438 000	5 260 000	4 807 000	6 532 000
Total Equity and Debt	18 672 000	12 949 000	11 526 000	9 842 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,07 %	16,07 %	42,17 %	27,1 %
Debt-to-Equity Ratio	0,08	0,13	0,17	0
Operating Profit Margin	6,22 %	3,46 %	6,27 %	2,62 %
Current Ratio	1,75	1,65	1,51	1,1
Quick Ratio	1,75	1,65	1,51	1,1
Equity Ratio	0,51	0,53	0,5	0,34
Gross Profit Margin	62,7 %	63,64 %	60,49 %	64,39 %