HONNINGSVÅG RØR VERKSTED AS

9750 HONNINGSVÅG

Finances

Share Ownership

Return on Equity

57,5 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 378 000	15 718 000	10 062 000	8 370 000
Net Income	1 246 000	645 000	788 000	183 000
Total Assets	5 837 000	4 507 000	3 241 000	2 488 000
Total Equity	2 167 000	1 720 000	1 575 000	1 288 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 378 000	15 718 000	10 062 000	8 370 000
Expenditure	17 558 000	14 891 000	9 053 000	8 135 000
Operating Profit	1 598 000	827 000	1 009 000	235 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	0	1 000	0	2 000
Financial Balance	1 000	0	1 000	0
Earnings Before Tax	1 598 000	827 000	1 010 000	235 000
Tax	352 000	182 000	222 000	52 000
Net Income	1 246 000	645 000	788 000	183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	437 000	411 000	639 000	238 000
Total Current Assets	5 400 000	4 096 000	2 602 000	2 249 000
Total Assets	5 837 000	4 507 000	3 241 000	2 488 000
Total Retained Equity	2 067 000	1 620 000	1 475 000	1 188 000
Total Equity	2 167 000	1 720 000	1 575 000	1 288 000
Total Long-Term Debt	8 000	10 000	14 000	11 000
Total Current Debt	3 663 000	2 777 000	1 651 000	1 189 000
Total Equity and Debt	5 837 000	4 507 000	3 241 000	2 488 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 378 000	15 707 000	10 062 000	8 370 000
Other Income	0	11 000	0	0
Revenue	18 378 000	15 718 000	10 062 000	8 370 000
Cost of Goods Sold	11 875 000	9 231 000	5 140 000	4 963 000
Salary Costs	4 249 000	4 398 000	2 915 000	2 308 000
Depreciation	94 000	55 000	51 000	38 000
Impairment	0	0	0	0
Expenditure	17 558 000	14 891 000	9 053 000	8 135 000
Operating Profit	1 598 000	827 000	1 009 000	235 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	0	1 000	0	2 000
Financial Balance	1 000	0	1 000	0
Dividends	800 000	500 000	500 000	300 000
Net Income	1 246 000	645 000	788 000	183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	286 000	61 000	33 000	46 000
Fixtures	99 000	102 000	271 000	157 000
Total Tangible Assets	385 000	163 000	304 000	203 000
Total Fiancial Fixed Assets	52 000	249 000	334 000	36 000
Total Fixed Assets	437 000	411 000	639 000	238 000
Stock	1 874 000	1 096 000	765 000	774 000
Total Investments	0	0	0	0
Cash, Bank	3 004 000	2 265 000	1 407 000	1 074 000
Total Current Assets	5 400 000	4 096 000	2 602 000	2 249 000
Total Assets	5 837 000	4 507 000	3 241 000	2 488 000
Total Equity	2 167 000	1 720 000	1 575 000	1 288 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	10 000	14 000	11 000
Creditors	1 247 000	411 000	130 000	263 000
Unpaid Taxes	891 000	816 000	560 000	361 000
Dividends	800 000	500 000	500 000	300 000
Other Current Debt	372 000	864 000	242 000	214 000
Total Current Debt	3 663 000	2 777 000	1 651 000	1 189 000
Total Equity and Debt	5 837 000	4 507 000	3 241 000	2 488 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,5 %	37,5 %	50,03 %	14,21 %
Debt-to-Equity Ratio	0	0,01	0,01	0,01
Operating Profit Margin	8,7 %	5,26 %	10,03 %	2,81 %
Current Ratio	1,47	1,47	1,58	1,89
Quick Ratio	3,02	2,44	2,94	5,42
Equity Ratio	0,37	0,38	0,49	0,52
Gross Profit Margin	35,38 %	41,27 %	48,92 %	40,7 %