HÆRLAND RØR AS

1878 HÆRLAND

Finances

Share Ownership

Return on Equity

19,59 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 090 000	1 369 000	1 725 000	1 069 000
Net Income	182 000	92 000	265 000	50 000
Total Assets	1 607 000	979 000	1 051 000	511 000
Total Equity	929 000	747 000	655 000	390 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 090 000	1 369 000	1 725 000	1 069 000
Expenditure	1 861 000	1 252 000	1 384 000	1 010 000
Operating Profit	228 000	116 000	342 000	60 000
Financial Income	0	0	0	3 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	3 000
Earnings Before Tax	229 000	116 000	342 000	63 000
Tax	46 000	24 000	77 000	13 000
Net Income	182 000	92 000	265 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	630 000	0	0	15 000
Total Current Assets	977 000	979 000	1 051 000	496 000
Total Assets	1 607 000	979 000	1 051 000	511 000
Total Retained Equity	899 000	717 000	635 000	370 000
Total Equity	929 000	747 000	655 000	390 000
Total Long-Term Debt	20 000	0	0	0
Total Current Debt	658 000	232 000	396 000	121 000
Total Equity and Debt	1 607 000	979 000	1 051 000	511 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 085 000	1 369 000	1 725 000	1 063 000
Other Income	5 000	0	0	7 000
Revenue	2 090 000	1 369 000	1 725 000	1 069 000
Cost of Goods Sold	638 000	318 000	525 000	243 000
Salary Costs	905 000	717 000	650 000	529 000
Depreciation	64 000	0	15 000	23 000
Impairment	0	0	0	0
Expenditure	1 861 000	1 252 000	1 384 000	1 010 000
Operating Profit	228 000	116 000	342 000	60 000
Financial Income	0	0	0	3 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	3 000
Dividends	0	0	0	0
Net Income	182 000	92 000	265 000	50 000

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	630 000	0	0	15 000
Total Tangible Assets	630 000	0	0	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	630 000	0	0	15 000
Stock	10 000	19 000	14 000	5 000
Total Investments	0	0	0	0
Cash, Bank	706 000	825 000	716 000	440 000
Total Current Assets	977 000	979 000	1 051 000	496 000
Total Assets	1 607 000	979 000	1 051 000	511 000
Total Equity	929 000	747 000	655 000	390 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	20 000	0	0	0
Creditors	3 000	11 000	75 000	−14 000
Unpaid Taxes	198 000	115 000	171 000	64 000
Dividends	0	0	0	0
Other Current Debt	431 000	83 000	74 000	59 000
Total Current Debt	658 000	232 000	396 000	121 000
Total Equity and Debt	1 607 000	979 000	1 051 000	511 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,59 %	12,32 %	40,46 %	12,82 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	10,91 %	8,47 %	19,83 %	5,61 %
Current Ratio	1,48	4,22	2,65	4,1
Quick Ratio	1,51	4,6	2,75	4,28
Equity Ratio	0,58	0,76	0,62	0,76
Gross Profit Margin	69,47 %	76,77 %	69,57 %	77,27 %