HK RØRSERVICE AS

7049 TRONDHEIM

Finances

Return on Equity

14,5 %

Current Ratio

4,25

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 273 000	2 817 000	3 361 000	3 459 000
Net Income	341 000	306 000	620 000	712 000
Total Assets	3 003 000	3 480 000	3 474 000	2 820 000
Total Equity	2 351 000	2 010 000	2 704 000	2 084 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 273 000	2 817 000	3 361 000	3 459 000
Expenditure	2 835 000	2 421 000	2 565 000	2 547 000
Operating Profit	438 000	396 000	797 000	912 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	4 000	2 000	0
Financial Balance	−1 000	−4 000	−1 000	1 000
Earnings Before Tax	437 000	393 000	796 000	912 000
Tax	96 000	86 000	175 000	201 000
Net Income	341 000	306 000	620 000	712 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	356 000	308 000	357 000	405 000
Total Current Assets	2 647 000	3 171 000	3 118 000	2 415 000
Total Assets	3 003 000	3 480 000	3 474 000	2 820 000
Total Retained Equity	2 251 000	1 910 000	2 604 000	1 984 000
Total Equity	2 351 000	2 010 000	2 704 000	2 084 000
Total Long-Term Debt	29 000	14 000	24 000	20 000
Total Current Debt	623 000	1 456 000	746 000	716 000
Total Equity and Debt	3 003 000	3 480 000	3 474 000	2 820 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 193 000	2 817 000	3 357 000	3 451 000
Other Income	80 000	0	5 000	8 000
Revenue	3 273 000	2 817 000	3 361 000	3 459 000
Cost of Goods Sold	970 000	665 000	754 000	906 000
Salary Costs	1 430 000	1 258 000	1 342 000	1 198 000
Depreciation	57 000	48 000	48 000	48 000
Impairment	0	0	0	0
Expenditure	2 835 000	2 421 000	2 565 000	2 547 000
Operating Profit	438 000	396 000	797 000	912 000
Financial Income	0	0	1 000	1 000
Financial Costs	1 000	4 000	2 000	0
Financial Balance	−1 000	−4 000	−1 000	1 000
Dividends	0	1 000 000	0	0
Net Income	341 000	306 000	620 000	712 000

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	336 000	288 000	337 000	385 000
Total Tangible Assets	336 000	288 000	337 000	385 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	356 000	308 000	357 000	405 000
Stock	80 000	70 000	50 000	65 000
Total Investments	0	0	0	0
Cash, Bank	2 091 000	2 321 000	2 821 000	2 022 000
Total Current Assets	2 647 000	3 171 000	3 118 000	2 415 000
Total Assets	3 003 000	3 480 000	3 474 000	2 820 000
Total Equity	2 351 000	2 010 000	2 704 000	2 084 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	29 000	14 000	24 000	20 000
Creditors	86 000	−15 000	52 000	61 000
Unpaid Taxes	217 000	280 000	420 000	331 000
Dividends	0	1 000 000	0	0
Other Current Debt	239 000	94 000	102 000	138 000
Total Current Debt	623 000	1 456 000	746 000	716 000
Total Equity and Debt	3 003 000	3 480 000	3 474 000	2 820 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,5 %	15,22 %	22,93 %	34,17 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	13,38 %	14,06 %	23,71 %	26,37 %
Current Ratio	4,25	2,18	4,18	3,37
Quick Ratio	4,87	2,29	4,48	3,71
Equity Ratio	0,78	0,58	0,78	0,74
Gross Profit Margin	70,36 %	76,39 %	77,57 %	73,81 %