HIRE NORWAY AS

1081 OSLO

Finances

Share Ownership

Return on Equity

52,48 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 597 000	92 159 000	97 173 000	110 941 000
Net Income	2 651 000	940 000	1 782 000	3 553 000
Total Assets	28 030 000	24 635 000	27 812 000	33 260 000
Total Equity	5 051 000	5 064 000	5 591 000	6 653 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 597 000	92 159 000	97 173 000	110 941 000
Expenditure	97 370 000	91 020 000	94 962 000	106 517 000
Operating Profit	3 227 000	1 139 000	2 210 000	4 423 000
Financial Income	217 000	84 000	136 000	204 000
Financial Costs	31 000	10 000	50 000	65 000
Financial Balance	186 000	74 000	86 000	139 000
Earnings Before Tax	3 412 000	1 213 000	2 295 000	4 562 000
Tax	762 000	273 000	514 000	1 010 000
Net Income	2 651 000	940 000	1 782 000	3 553 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 722 000	1 784 000	1 282 000	2 056 000
Total Current Assets	25 309 000	22 851 000	26 531 000	31 204 000
Total Assets	28 030 000	24 635 000	27 812 000	33 260 000
Total Retained Equity	4 047 000	4 060 000	4 587 000	5 649 000
Total Equity	5 051 000	5 064 000	5 591 000	6 653 000
Total Long-Term Debt	358 000	122 000	350 000	1 064 000
Total Current Debt	22 622 000	19 449 000	21 871 000	25 543 000
Total Equity and Debt	28 030 000	24 635 000	27 812 000	33 260 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 580 000	92 159 000	97 173 000	110 822 000
Other Income	17 000	0	0	118 000
Revenue	100 597 000	92 159 000	97 173 000	110 941 000
Cost of Goods Sold	0	0	0	509 000
Salary Costs	85 601 000	78 521 000	81 431 000	93 867 000
Depreciation	617 000	726 000	818 000	774 000
Impairment	0	0	0	0
Expenditure	97 370 000	91 020 000	94 962 000	106 517 000
Operating Profit	3 227 000	1 139 000	2 210 000	4 423 000
Financial Income	217 000	84 000	136 000	204 000
Financial Costs	31 000	10 000	50 000	65 000
Financial Balance	186 000	74 000	86 000	139 000
Dividends	2 600 000	1 400 000	2 750 000	725 000
Net Income	2 651 000	940 000	1 782 000	3 553 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	120 000	0	57 000	175 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 058 000	1 179 000	1 225 000	1 880 000
Total Tangible Assets	1 058 000	1 179 000	1 225 000	1 880 000
Total Fiancial Fixed Assets	1 544 000	605 000	0	0
Total Fixed Assets	2 722 000	1 784 000	1 282 000	2 056 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 562 000	8 656 000	9 685 000	13 523 000
Total Current Assets	25 309 000	22 851 000	26 531 000	31 204 000
Total Assets	28 030 000	24 635 000	27 812 000	33 260 000
Total Equity	5 051 000	5 064 000	5 591 000	6 653 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	358 000	122 000	350 000	1 064 000
Creditors	949 000	1 057 000	1 048 000	1 211 000
Unpaid Taxes	12 867 000	10 439 000	9 619 000	12 755 000
Dividends	2 600 000	1 400 000	2 750 000	725 000
Other Current Debt	7 820 000	6 478 000	8 086 000	9 638 000
Total Current Debt	22 622 000	19 449 000	21 871 000	25 543 000
Total Equity and Debt	28 030 000	24 635 000	27 812 000	33 260 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,48 %	18,56 %	31,87 %	53,4 %
Debt-to-Equity Ratio	0,07	0,02	0,06	0,16
Operating Profit Margin	3,21 %	1,24 %	2,27 %	3,99 %
Current Ratio	1,12	1,17	1,21	1,22
Quick Ratio	1,12	1,17	1,21	1,22
Equity Ratio	0,18	0,21	0,2	0,2
Gross Profit Margin	100 %	100 %	100 %	99,54 %