HETLAND RØRLEGGERBEDRIFT AS

2008 FJERDINGBY

Finances

Return on Equity

83,81 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 971 000	1 905 000	2 445 000	1 836 000
Net Income	88 000	128 000	173 000	129 000
Total Assets	579 000	622 000	719 000	416 000
Total Equity	105 000	116 000	138 000	265 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 971 000	1 905 000	2 445 000	1 836 000
Expenditure	1 873 000	1 746 000	2 269 000	1 696 000
Operating Profit	98 000	159 000	176 000	139 000
Financial Income	12 000	11 000	5 000	5 000
Financial Costs	2 000	1 000	0	16 000
Financial Balance	10 000	10 000	5 000	−11 000
Earnings Before Tax	108 000	169 000	181 000	129 000
Tax	20 000	41 000	8 000	0
Net Income	88 000	128 000	173 000	129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 000	76 000	30 000	24 000
Total Current Assets	523 000	546 000	689 000	393 000
Total Assets	579 000	622 000	719 000	416 000
Total Retained Equity	4 000	16 000	38 000	164 000
Total Equity	105 000	116 000	138 000	265 000
Total Long-Term Debt	24 000	36 000	0	0
Total Current Debt	450 000	470 000	580 000	151 000
Total Equity and Debt	579 000	622 000	719 000	416 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 971 000	1 905 000	2 445 000	1 760 000
Other Income	0	0	0	76 000
Revenue	1 971 000	1 905 000	2 445 000	1 836 000
Cost of Goods Sold	463 000	358 000	931 000	441 000
Salary Costs	1 086 000	989 000	964 000	677 000
Depreciation	13 000	3 000	4 000	56 000
Impairment	0	0	0	0
Expenditure	1 873 000	1 746 000	2 269 000	1 696 000
Operating Profit	98 000	159 000	176 000	139 000
Financial Income	12 000	11 000	5 000	5 000
Financial Costs	2 000	1 000	0	16 000
Financial Balance	10 000	10 000	5 000	−11 000
Dividends	100 000	150 000	300 000	0
Net Income	88 000	128 000	173 000	129 000

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	0	0	0	0
Fixtures	22 000	35 000	0	4 000
Total Tangible Assets	22 000	35 000	0	4 000
Total Fiancial Fixed Assets	33 000	41 000	30 000	20 000
Total Fixed Assets	55 000	76 000	30 000	24 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	269 000	223 000	410 000	180 000
Total Current Assets	523 000	546 000	689 000	393 000
Total Assets	579 000	622 000	719 000	416 000
Total Equity	105 000	116 000	138 000	265 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 000	36 000	0	0
Creditors	48 000	−35 000	2 000	8 000
Unpaid Taxes	147 000	140 000	185 000	88 000
Dividends	100 000	150 000	300 000	0
Other Current Debt	136 000	174 000	85 000	56 000
Total Current Debt	450 000	470 000	580 000	151 000
Total Equity and Debt	579 000	622 000	719 000	416 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,81 %	110,34 %	125,36 %	48,68 %
Debt-to-Equity Ratio	0,23	0,31	0	0
Operating Profit Margin	4,97 %	8,35 %	7,2 %	7,57 %
Current Ratio	1,16	1,16	1,19	2,6
Quick Ratio	1,16	1,16	1,19	2,6
Equity Ratio	0,18	0,19	0,19	0,64
Gross Profit Margin	76,51 %	81,21 %	61,92 %	75,98 %