HBE ENGINEERING AS

8404 SORTLAND

Finances

Share Ownership

Return on Equity

−300 %

Current Ratio

−1,84

Debt-to-Equity Ratio

−0,68

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 403 000	3 565 000	2 901 000	2 472 000
Net Income	111 000	330 000	36 000	643 000
Total Assets	26 000	742 000	1 353 000	901 000
Total Equity	−37 000	−39 000	66 000	174 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 403 000	3 565 000	2 901 000	2 472 000
Expenditure	3 315 000	3 120 000	2 779 000	1 545 000
Operating Profit	88 000	444 000	121 000	927 000
Financial Income	3 000	15 000	0	0
Financial Costs	9 000	20 000	−27 000	51 000
Financial Balance	−6 000	−5 000	27 000	−51 000
Earnings Before Tax	82 000	439 000	149 000	875 000
Tax	−29 000	109 000	113 000	233 000
Net Income	111 000	330 000	36 000	643 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	96 000	150 000	475 000	464 000
Total Current Assets	−70 000	592 000	878 000	438 000
Total Assets	26 000	742 000	1 353 000	901 000
Total Retained Equity	−67 000	−69 000	36 000	144 000
Total Equity	−37 000	−39 000	66 000	174 000
Total Long-Term Debt	25 000	54 000	193 000	273 000
Total Current Debt	38 000	727 000	1 094 000	454 000
Total Equity and Debt	26 000	742 000	1 353 000	901 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 193 000	3 004 000	2 901 000	2 472 000
Other Income	210 000	561 000	0	0
Revenue	3 403 000	3 565 000	2 901 000	2 472 000
Cost of Goods Sold	0	0	4 000	0
Salary Costs	2 502 000	2 698 000	1 746 000	916 000
Depreciation	0	0	0	63 000
Impairment	0	0	0	0
Expenditure	3 315 000	3 120 000	2 779 000	1 545 000
Operating Profit	88 000	444 000	121 000	927 000
Financial Income	3 000	15 000	0	0
Financial Costs	9 000	20 000	−27 000	51 000
Financial Balance	−6 000	−5 000	27 000	−51 000
Dividends	0	0	0	499 000
Net Income	111 000	330 000	36 000	643 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	40 000	28 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	96 000	150 000	436 000	436 000
Total Fixed Assets	96 000	150 000	475 000	464 000
Stock	0	0	0	0
Total Investments	71 000	243 000	329 000	98 000
Cash, Bank	98 000	217 000	439 000	248 000
Total Current Assets	−70 000	592 000	878 000	438 000
Total Assets	26 000	742 000	1 353 000	901 000
Total Equity	−37 000	−39 000	66 000	174 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 000	54 000	193 000	273 000
Creditors	28 000	45 000	32 000	0
Unpaid Taxes	212 000	615 000	235 000	242 000
Dividends	0	0	0	499 000
Other Current Debt	−202 000	67 000	702 000	0
Total Current Debt	38 000	727 000	1 094 000	454 000
Total Equity and Debt	26 000	742 000	1 353 000	901 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−300 %	−846,15 %	54,55 %	369,54 %
Debt-to-Equity Ratio	−0,68	−1,38	2,92	1,57
Operating Profit Margin	2,59 %	12,45 %	4,17 %	37,5 %
Current Ratio	−1,84	0,81	0,8	0,96
Quick Ratio	−1,84	0,81	0,8	0,96
Equity Ratio	−1,42	−0,05	0,05	0,19
Gross Profit Margin	100 %	100 %	99,86 %	100 %