HAMMER & ELIASSEN VVS AS

4029 STAVANGER

Finances

Return on Equity

165,31 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 040 000	9 404 000	7 405 000	5 783 000
Net Income	1 382 000	1 194 000	624 000	673 000
Total Assets	4 277 000	3 411 000	2 695 000	1 601 000
Total Equity	836 000	1 321 000	1 128 000	703 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 040 000	9 404 000	7 405 000	5 783 000
Expenditure	9 338 000	7 919 000	6 608 000	5 102 000
Operating Profit	1 764 000	1 527 000	797 000	682 000
Financial Income	10 000	5 000	4 000	3 000
Financial Costs	2 000	1 000	9 000	12 000
Financial Balance	8 000	4 000	−5 000	−9 000
Earnings Before Tax	1 772 000	1 531 000	792 000	673 000
Tax	391 000	337 000	168 000	0
Net Income	1 382 000	1 194 000	624 000	673 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	54 000	20 000	20 000	32 000
Total Current Assets	4 223 000	3 391 000	2 675 000	1 569 000
Total Assets	4 277 000	3 411 000	2 695 000	1 601 000
Total Retained Equity	616 000	834 000	641 000	216 000
Total Equity	836 000	1 321 000	1 128 000	703 000
Total Long-Term Debt	1 000	0	62 000	107 000
Total Current Debt	3 440 000	2 089 000	1 505 000	791 000
Total Equity and Debt	4 277 000	3 411 000	2 695 000	1 601 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 981 000	9 404 000	7 405 000	5 783 000
Other Income	59 000	0	0	0
Revenue	11 040 000	9 404 000	7 405 000	5 783 000
Cost of Goods Sold	6 182 000	4 921 000	4 039 000	2 539 000
Salary Costs	2 648 000	2 310 000	1 950 000	1 896 000
Depreciation	4 000	0	0	0
Impairment	0	0	0	0
Expenditure	9 338 000	7 919 000	6 608 000	5 102 000
Operating Profit	1 764 000	1 527 000	797 000	682 000
Financial Income	10 000	5 000	4 000	3 000
Financial Costs	2 000	1 000	9 000	12 000
Financial Balance	8 000	4 000	−5 000	−9 000
Dividends	1 600 000	1 000 000	200 000	0
Net Income	1 382 000	1 194 000	624 000	673 000

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	34 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	34 000	0	0	0
Total Fiancial Fixed Assets	20 000	20 000	20 000	32 000
Total Fixed Assets	54 000	20 000	20 000	32 000
Stock	104 000	42 000	0	0
Total Investments	0	0	0	0
Cash, Bank	2 611 000	2 376 000	1 858 000	771 000
Total Current Assets	4 223 000	3 391 000	2 675 000	1 569 000
Total Assets	4 277 000	3 411 000	2 695 000	1 601 000
Total Equity	836 000	1 321 000	1 128 000	703 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	62 000	107 000
Creditors	510 000	0	658 000	306 000
Unpaid Taxes	706 000	573 000	337 000	347 000
Dividends	1 600 000	1 000 000	200 000	0
Other Current Debt	234 000	174 000	148 000	138 000
Total Current Debt	3 440 000	2 089 000	1 505 000	791 000
Total Equity and Debt	4 277 000	3 411 000	2 695 000	1 601 000

Financial indicators	2022	2021	2020	2019
Return on Equity	165,31 %	90,39 %	55,32 %	95,73 %
Debt-to-Equity Ratio	0	0	0,05	0,15
Operating Profit Margin	15,98 %	16,24 %	10,76 %	11,79 %
Current Ratio	1,23	1,62	1,78	1,98
Quick Ratio	1,27	1,66	1,78	1,98
Equity Ratio	0,2	0,39	0,42	0,44
Gross Profit Margin	44 %	47,67 %	45,46 %	56,1 %