HAREID TEKSTIL AS

6060 HAREID

Finances

Share Ownership

Return on Equity

56,12 %

Current Ratio

1,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	238 000	413 000	79 000
Net Income	55 000	90 000	−65 000
Total Assets	113 000	144 000	139 000
Total Equity	98 000	54 000	−35 000

Income (NOK)	2022	2021	2020
Revenue	238 000	413 000	79 000
Expenditure	182 000	321 000	163 000
Operating Profit	56 000	91 000	−84 000
Financial Income	0	0	0
Financial Costs	2 000	2 000	0
Financial Balance	−2 000	−2 000	0
Earnings Before Tax	55 000	90 000	−84 000
Tax	0	0	−18 000
Net Income	55 000	90 000	−65 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	85 000	127 000	108 000
Total Current Assets	27 000	17 000	31 000
Total Assets	113 000	144 000	139 000
Total Retained Equity	68 000	24 000	−65 000
Total Equity	98 000	54 000	−35 000
Total Long-Term Debt	0	0	0
Total Current Debt	15 000	90 000	175 000
Total Equity and Debt	113 000	144 000	139 000

Cash flow (NOK)	2022	2021	2020
Sales Income	238 000	413 000	79 000
Other Income	0	0	0
Revenue	238 000	413 000	79 000
Cost of Goods Sold	88 000	55 000	5 000
Salary Costs	0	94 000	118 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	182 000	321 000	163 000
Operating Profit	56 000	91 000	−84 000
Financial Income	0	0	0
Financial Costs	2 000	2 000	0
Financial Balance	−2 000	−2 000	0
Dividends	0	0	0
Net Income	55 000	90 000	−65 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	18 000	18 000
Real Eastate	0	0	0
Machinery and Plant Facilities	85 000	108 000	0
Fixtures	0	0	89 000
Total Tangible Assets	85 000	108 000	89 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	85 000	127 000	108 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	27 000	16 000	30 000
Total Current Assets	27 000	17 000	31 000
Total Assets	113 000	144 000	139 000
Total Equity	98 000	54 000	−35 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	4 000	60 000	114 000
Unpaid Taxes	−2 000	10 000	48 000
Dividends	0	0	0
Other Current Debt	0	19 000	13 000
Total Current Debt	15 000	90 000	175 000
Total Equity and Debt	113 000	144 000	139 000

Financial indicators	2022	2021	2020
Return on Equity	56,12 %	166,67 %	185,71 %
Debt-to-Equity Ratio	0	0	−0
Operating Profit Margin	23,53 %	22,03 %	−106,33 %
Current Ratio	1,8	0,19	0,18
Quick Ratio	1,8	0,19	0,18
Equity Ratio	0,87	0,38	−0,25
Gross Profit Margin	63,03 %	86,68 %	93,67 %