HB KULDETJENESTE AS

1739 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

33,35 %

Current Ratio

2,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 715 000	33 159 000	31 388 000	26 710 000
Net Income	3 105 000	4 914 000	4 186 000	3 212 000
Total Assets	16 217 000	14 002 000	18 640 000	13 045 000
Total Equity	9 311 000	6 206 000	5 992 000	8 306 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 715 000	33 159 000	31 388 000	26 710 000
Expenditure	26 788 000	26 894 000	26 076 000	22 621 000
Operating Profit	3 926 000	6 264 000	5 313 000	4 088 000
Financial Income	55 000	39 000	56 000	33 000
Financial Costs	1 000	0	1 000	1 000
Financial Balance	54 000	39 000	55 000	32 000
Earnings Before Tax	3 980 000	6 303 000	5 368 000	4 120 000
Tax	876 000	1 390 000	1 182 000	908 000
Net Income	3 105 000	4 914 000	4 186 000	3 212 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 573 000	1 354 000	1 338 000	1 236 000
Total Current Assets	14 644 000	12 648 000	17 302 000	11 809 000
Total Assets	16 217 000	14 002 000	18 640 000	13 045 000
Total Retained Equity	8 428 000	5 323 000	5 110 000	7 424 000
Total Equity	9 311 000	6 206 000	5 992 000	8 306 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 907 000	7 796 000	12 648 000	4 739 000
Total Equity and Debt	16 217 000	14 002 000	18 640 000	13 045 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 715 000	33 071 000	31 296 000	26 661 000
Other Income	0	88 000	92 000	49 000
Revenue	30 715 000	33 159 000	31 388 000	26 710 000
Cost of Goods Sold	13 241 000	13 862 000	14 254 000	11 082 000
Salary Costs	9 639 000	10 049 000	9 166 000	9 234 000
Depreciation	567 000	518 000	401 000	306 000
Impairment	0	0	0	0
Expenditure	26 788 000	26 894 000	26 076 000	22 621 000
Operating Profit	3 926 000	6 264 000	5 313 000	4 088 000
Financial Income	55 000	39 000	56 000	33 000
Financial Costs	1 000	0	1 000	1 000
Financial Balance	54 000	39 000	55 000	32 000
Dividends	0	4 700 000	6 500 000	0
Net Income	3 105 000	4 914 000	4 186 000	3 212 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	38 000	14 000	17 000	26 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 535 000	1 341 000	1 321 000	1 210 000
Total Tangible Assets	1 535 000	1 341 000	1 321 000	1 210 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 573 000	1 354 000	1 338 000	1 236 000
Stock	2 665 000	2 942 000	2 232 000	2 263 000
Total Investments	0	0	0	0
Cash, Bank	7 129 000	2 333 000	11 470 000	6 296 000
Total Current Assets	14 644 000	12 648 000	17 302 000	11 809 000
Total Assets	16 217 000	14 002 000	18 640 000	13 045 000
Total Equity	9 311 000	6 206 000	5 992 000	8 306 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 322 000	1 748 000	4 273 000	1 516 000
Unpaid Taxes	952 000	1 586 000	1 353 000	865 000
Dividends	0	4 700 000	6 500 000	0
Other Current Debt	1 733 000	3 076 000	1 849 000	1 486 000
Total Current Debt	6 907 000	7 796 000	12 648 000	4 739 000
Total Equity and Debt	16 217 000	14 002 000	18 640 000	13 045 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,35 %	79,18 %	69,86 %	38,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,78 %	18,89 %	16,93 %	15,31 %
Current Ratio	2,12	1,62	1,37	2,49
Quick Ratio	3,45	2,61	1,66	4,77
Equity Ratio	0,57	0,44	0,32	0,64
Gross Profit Margin	56,89 %	58,2 %	54,59 %	58,51 %