HORDALAND RENHOLD AS

5035 BERGEN

Finances

Share Ownership

Return on Equity

30,24 %

Current Ratio

1,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 540 000	4 652 000	4 333 000	3 680 000
Net Income	212 000	303 000	578 000	400 000
Total Assets	1 582 000	2 274 000	1 941 000	1 137 000
Total Equity	701 000	1 489 000	1 187 000	609 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 540 000	4 652 000	4 333 000	3 680 000
Expenditure	4 262 000	4 260 000	3 609 000	3 242 000
Operating Profit	278 000	392 000	725 000	437 000
Financial Income	3 000	2 000	1 000	0
Financial Costs	0	1 000	1 000	6 000
Financial Balance	3 000	1 000	0	−6 000
Earnings Before Tax	280 000	393 000	725 000	432 000
Tax	69 000	91 000	146 000	31 000
Net Income	212 000	303 000	578 000	400 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	284 000	432 000	579 000	283 000
Total Current Assets	1 298 000	1 842 000	1 362 000	854 000
Total Assets	1 582 000	2 274 000	1 941 000	1 137 000
Total Retained Equity	681 000	1 469 000	1 167 000	589 000
Total Equity	701 000	1 489 000	1 187 000	609 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	881 000	784 000	754 000	528 000
Total Equity and Debt	1 582 000	2 274 000	1 941 000	1 137 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 540 000	4 652 000	4 333 000	3 680 000
Other Income	0	0	0	0
Revenue	4 540 000	4 652 000	4 333 000	3 680 000
Cost of Goods Sold	96 000	93 000	90 000	180 000
Salary Costs	3 367 000	3 424 000	2 824 000	2 448 000
Depreciation	121 000	129 000	80 000	48 000
Impairment	0	0	0	0
Expenditure	4 262 000	4 260 000	3 609 000	3 242 000
Operating Profit	278 000	392 000	725 000	437 000
Financial Income	3 000	2 000	1 000	0
Financial Costs	0	1 000	1 000	6 000
Financial Balance	3 000	1 000	0	−6 000
Dividends	1 000 000	0	0	0
Net Income	212 000	303 000	578 000	400 000

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	53 000	71 000	67 000	0
Fixtures	232 000	308 000	421 000	246 000
Total Tangible Assets	284 000	379 000	488 000	246 000
Total Fiancial Fixed Assets	0	53 000	91 000	37 000
Total Fixed Assets	284 000	432 000	579 000	283 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 247 000	1 753 000	1 234 000	680 000
Total Current Assets	1 298 000	1 842 000	1 362 000	854 000
Total Assets	1 582 000	2 274 000	1 941 000	1 137 000
Total Equity	701 000	1 489 000	1 187 000	609 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	28 000	27 000	34 000	32 000
Unpaid Taxes	423 000	406 000	364 000	296 000
Dividends	1 000 000	0	0	0
Other Current Debt	260 000	261 000	209 000	169 000
Total Current Debt	881 000	784 000	754 000	528 000
Total Equity and Debt	1 582 000	2 274 000	1 941 000	1 137 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,24 %	20,35 %	48,69 %	65,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,12 %	8,43 %	16,73 %	11,88 %
Current Ratio	1,47	2,35	1,81	1,62
Quick Ratio	1,47	2,35	1,81	1,62
Equity Ratio	0,44	0,65	0,61	0,54
Gross Profit Margin	97,89 %	98 %	97,92 %	95,11 %