HEMSEDAL RØRSERVICE AS

3560 HEMSEDAL

Finances

Return on Equity

13,66 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 751 000	5 733 000	5 367 000	3 779 000
Net Income	962 000	1 515 000	1 142 000	1 168 000
Total Assets	9 976 000	9 848 000	10 033 000	8 413 000
Total Equity	7 040 000	6 079 000	4 563 000	3 422 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 751 000	5 733 000	5 367 000	3 779 000
Expenditure	4 209 000	3 565 000	3 429 000	2 287 000
Operating Profit	2 542 000	2 168 000	1 938 000	1 492 000
Financial Income	515 000	475 000	236 000	8 000
Financial Costs	1 395 000	551 000	1 000	4 000
Financial Balance	−880 000	−76 000	235 000	4 000
Earnings Before Tax	1 662 000	2 092 000	2 173 000	1 497 000
Tax	700 000	577 000	1 032 000	328 000
Net Income	962 000	1 515 000	1 142 000	1 168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 466 000	8 295 000	7 531 000	4 249 000
Total Current Assets	3 509 000	1 553 000	2 502 000	4 164 000
Total Assets	9 976 000	9 848 000	10 033 000	8 413 000
Total Retained Equity	6 790 000	5 829 000	4 313 000	3 172 000
Total Equity	7 040 000	6 079 000	4 563 000	3 422 000
Total Long-Term Debt	2 000	2 000	0	4 328 000
Total Current Debt	2 933 000	3 809 000	5 470 000	663 000
Total Equity and Debt	9 976 000	9 889 000	10 033 000	8 413 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 888 000	5 733 000	5 367 000	3 779 000
Other Income	863 000	0	0	0
Revenue	6 751 000	5 733 000	5 367 000	3 779 000
Cost of Goods Sold	3 429 000	2 893 000	2 850 000	1 803 000
Salary Costs	246 000	233 000	209 000	184 000
Depreciation	135 000	82 000	59 000	71 000
Impairment	0	0	0	0
Expenditure	4 209 000	3 565 000	3 429 000	2 287 000
Operating Profit	2 542 000	2 168 000	1 938 000	1 492 000
Financial Income	515 000	475 000	236 000	8 000
Financial Costs	1 395 000	551 000	1 000	4 000
Financial Balance	−880 000	−76 000	235 000	4 000
Dividends	0	0	0	0
Net Income	962 000	1 515 000	1 142 000	1 168 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	568 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	209 000	279 000	0	0
Fixtures	327 000	392 000	456 000	0
Total Tangible Assets	536 000	671 000	456 000	0
Total Fiancial Fixed Assets	5 930 000	7 624 000	7 075 000	3 681 000
Total Fixed Assets	6 466 000	8 295 000	7 531 000	4 249 000
Stock	416 000	138 000	91 000	44 000
Total Investments	0	0	0	0
Cash, Bank	2 120 000	671 000	1 160 000	2 958 000
Total Current Assets	3 509 000	1 553 000	2 502 000	4 164 000
Total Assets	9 976 000	9 848 000	10 033 000	8 413 000
Total Equity	7 040 000	6 079 000	4 563 000	3 422 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	2 000	0	4 328 000
Creditors	112 000	422 000	381 000	61 000
Unpaid Taxes	176 000	221 000	278 000	242 000
Dividends	0	0	0	0
Other Current Debt	1 909 000	2 555 000	4 347 000	11 000
Total Current Debt	2 933 000	3 809 000	5 470 000	663 000
Total Equity and Debt	9 976 000	9 889 000	10 033 000	8 413 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,66 %	24,92 %	25,03 %	34,13 %
Debt-to-Equity Ratio	0	0	0	1,26
Operating Profit Margin	37,65 %	37,82 %	36,11 %	39,48 %
Current Ratio	1,2	0,41	0,46	6,28
Quick Ratio	1,39	0,42	0,47	6,73
Equity Ratio	0,71	0,62	0,45	0,41
Gross Profit Margin	49,21 %	49,54 %	46,9 %	52,29 %