HUSVIK INDUSTRISERVICE AS

3124 TØNSBERG

Finances

Share Ownership

Return on Equity

62,41 %

Current Ratio

1,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 444 000	3 479 000	4 737 000	4 843 000
Net Income	166 000	151 000	0	88 000
Total Assets	926 000	1 015 000	1 301 000	1 222 000
Total Equity	266 000	335 000	183 000	183 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 444 000	3 479 000	4 737 000	4 843 000
Expenditure	3 187 000	3 247 000	4 678 000	4 660 000
Operating Profit	256 000	232 000	58 000	184 000
Financial Income	8 000	0	2 000	12 000
Financial Costs	50 000	36 000	58 000	82 000
Financial Balance	−42 000	−36 000	−56 000	−70 000
Earnings Before Tax	214 000	196 000	1 000	113 000
Tax	48 000	45 000	1 000	25 000
Net Income	166 000	151 000	0	88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	45 000	65 000	39 000
Total Current Assets	893 000	970 000	1 236 000	1 183 000
Total Assets	926 000	1 015 000	1 301 000	1 222 000
Total Retained Equity	166 000	235 000	83 000	83 000
Total Equity	266 000	335 000	183 000	183 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	660 000	681 000	1 118 000	1 039 000
Total Equity and Debt	926 000	1 015 000	1 301 000	1 222 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 444 000	3 487 000	4 729 000	4 843 000
Other Income	0	−9 000	9 000	0
Revenue	3 444 000	3 479 000	4 737 000	4 843 000
Cost of Goods Sold	592 000	683 000	513 000	351 000
Salary Costs	2 180 000	2 116 000	3 176 000	3 289 000
Depreciation	8 000	11 000	7 000	5 000
Impairment	0	0	0	0
Expenditure	3 187 000	3 247 000	4 678 000	4 660 000
Operating Profit	256 000	232 000	58 000	184 000
Financial Income	8 000	0	2 000	12 000
Financial Costs	50 000	36 000	58 000	82 000
Financial Balance	−42 000	−36 000	−56 000	−70 000
Dividends	0	0	0	0
Net Income	166 000	151 000	0	88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	15 000	20 000	28 000	30 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	18 000	26 000	37 000	10 000
Total Tangible Assets	18 000	26 000	37 000	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 000	45 000	65 000	39 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	296 000	568 000	521 000	504 000
Total Current Assets	893 000	970 000	1 236 000	1 183 000
Total Assets	926 000	1 015 000	1 301 000	1 222 000
Total Equity	266 000	335 000	183 000	183 000
Short-Term Group Debt	0	0	0	79 000
Total Long-Term Debt	0	0	0	0
Creditors	14 000	68 000	190 000	178 000
Unpaid Taxes	362 000	353 000	505 000	400 000
Dividends	0	0	0	0
Other Current Debt	241 000	224 000	422 000	382 000
Total Current Debt	660 000	681 000	1 118 000	1 039 000
Total Equity and Debt	926 000	1 015 000	1 301 000	1 222 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,41 %	45,07 %	0 %	48,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,43 %	6,67 %	1,22 %	3,8 %
Current Ratio	1,35	1,42	1,11	1,14
Quick Ratio	1,35	1,42	1,11	1,14
Equity Ratio	0,29	0,33	0,14	0,15
Gross Profit Margin	82,81 %	80,37 %	89,17 %	92,75 %