HVAC TECHNIC AS

5416 STORD

Finances

Return on Equity

13,13 %

Current Ratio

7,78

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 906 000	1 548 000	1 147 000	1 260 000
Net Income	1 147 000	881 000	667 000	524 000
Total Assets	10 385 000	8 159 000	7 972 000	7 050 000
Total Equity	8 733 000	7 587 000	6 705 000	6 038 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 906 000	1 548 000	1 147 000	1 260 000
Expenditure	969 000	953 000	576 000	880 000
Operating Profit	938 000	595 000	571 000	380 000
Financial Income	1 033 000	523 000	267 000	307 000
Financial Costs	562 000	97 000	48 000	81 000
Financial Balance	471 000	426 000	219 000	226 000
Earnings Before Tax	1 410 000	1 021 000	790 000	606 000
Tax	263 000	140 000	124 000	82 000
Net Income	1 147 000	881 000	667 000	524 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000 000	4 299 000	3 880 000	3 974 000
Total Current Assets	4 386 000	3 859 000	4 091 000	3 076 000
Total Assets	10 385 000	8 159 000	7 972 000	7 050 000
Total Retained Equity	6 474 000	5 327 000	4 445 000	3 778 000
Total Equity	8 733 000	7 587 000	6 705 000	6 038 000
Total Long-Term Debt	1 088 000	264 000	906 000	826 000
Total Current Debt	564 000	309 000	360 000	185 000
Total Equity and Debt	10 385 000	8 159 000	7 972 000	7 050 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 830 000	1 434 000	1 147 000	1 219 000
Other Income	76 000	114 000	0	41 000
Revenue	1 906 000	1 548 000	1 147 000	1 260 000
Cost of Goods Sold	1 000	0	0	0
Salary Costs	762 000	758 000	354 000	547 000
Depreciation	6 000	6 000	18 000	89 000
Impairment	0	0	0	0
Expenditure	969 000	953 000	576 000	880 000
Operating Profit	938 000	595 000	571 000	380 000
Financial Income	1 033 000	523 000	267 000	307 000
Financial Costs	562 000	97 000	48 000	81 000
Financial Balance	471 000	426 000	219 000	226 000
Dividends	0	0	0	0
Net Income	1 147 000	881 000	667 000	524 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	20 000	23 000
Real Eastate	1 897 000	1 897 000	2 001 000	2 001 000
Machinery and Plant Facilities	0	0	0	13 000
Fixtures	3 000	8 000	14 000	20 000
Total Tangible Assets	1 900 000	1 905 000	2 015 000	2 034 000
Total Fiancial Fixed Assets	4 100 000	2 394 000	1 845 000	1 918 000
Total Fixed Assets	6 000 000	4 299 000	3 880 000	3 974 000
Stock	0	0	0	0
Total Investments	2 716 000	2 931 000	2 688 000	2 442 000
Cash, Bank	1 243 000	163 000	597 000	622 000
Total Current Assets	4 386 000	3 859 000	4 091 000	3 076 000
Total Assets	10 385 000	8 159 000	7 972 000	7 050 000
Total Equity	8 733 000	7 587 000	6 705 000	6 038 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 088 000	264 000	906 000	826 000
Creditors	0	0	1 000	1 000
Unpaid Taxes	190 000	98 000	198 000	31 000
Dividends	0	0	0	0
Other Current Debt	111 000	91 000	39 000	63 000
Total Current Debt	564 000	309 000	360 000	185 000
Total Equity and Debt	10 385 000	8 159 000	7 972 000	7 050 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,13 %	11,61 %	9,95 %	8,68 %
Debt-to-Equity Ratio	0,12	0,03	0,14	0,14
Operating Profit Margin	49,21 %	38,44 %	49,78 %	30,16 %
Current Ratio	7,78	12,49	11,36	16,63
Quick Ratio	7,78	12,49	11,36	16,63
Equity Ratio	0,84	0,93	0,84	0,86
Gross Profit Margin	99,95 %	100 %	100 %	100 %