HAF GRENLAND AS

3735 SKIEN

Finances

Return on Equity

9,76 %

Current Ratio

10,61

Debt-to-Equity Ratio

1,47

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 747 000	26 812 000	21 523 000	18 394 000
Net Income	716 000	973 000	1 305 000	1 109 000
Total Assets	19 673 000	15 371 000	12 106 000	11 787 000
Total Equity	7 339 000	6 619 000	5 646 000	4 341 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 747 000	26 812 000	21 523 000	18 394 000
Expenditure	22 271 000	25 316 000	19 562 000	16 704 000
Operating Profit	1 475 000	1 496 000	1 960 000	1 690 000
Financial Income	5 000	0	0	0
Financial Costs	553 000	247 000	287 000	269 000
Financial Balance	−548 000	−247 000	−287 000	−269 000
Earnings Before Tax	927 000	1 250 000	1 674 000	1 421 000
Tax	211 000	277 000	369 000	313 000
Net Income	716 000	973 000	1 305 000	1 109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 184 000	2 942 000	2 066 000	1 473 000
Total Current Assets	16 490 000	12 430 000	10 040 000	10 314 000
Total Assets	19 673 000	15 371 000	12 106 000	11 787 000
Total Retained Equity	7 239 000	6 519 000	5 546 000	4 241 000
Total Equity	7 339 000	6 619 000	5 646 000	4 341 000
Total Long-Term Debt	10 781 000	7 096 000	4 200 000	5 035 000
Total Current Debt	1 554 000	1 656 000	2 261 000	2 410 000
Total Equity and Debt	19 673 000	15 371 000	12 106 000	11 787 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 475 000	26 443 000	21 112 000	18 234 000
Other Income	272 000	369 000	411 000	160 000
Revenue	23 747 000	26 812 000	21 523 000	18 394 000
Cost of Goods Sold	15 734 000	18 624 000	13 994 000	11 362 000
Salary Costs	4 232 000	3 743 000	3 176 000	3 118 000
Depreciation	223 000	490 000	362 000	298 000
Impairment	0	0	0	0
Expenditure	22 271 000	25 316 000	19 562 000	16 704 000
Operating Profit	1 475 000	1 496 000	1 960 000	1 690 000
Financial Income	5 000	0	0	0
Financial Costs	553 000	247 000	287 000	269 000
Financial Balance	−548 000	−247 000	−287 000	−269 000
Dividends	0	0	0	0
Net Income	716 000	973 000	1 305 000	1 109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	42 000	42 000
Machinery and Plant Facilities	802 000	198 000	412 000	330 000
Fixtures	217 000	679 000	448 000	1 086 000
Total Tangible Assets	1 019 000	877 000	901 000	1 458 000
Total Fiancial Fixed Assets	2 165 000	2 065 000	1 165 000	15 000
Total Fixed Assets	3 184 000	2 942 000	2 066 000	1 473 000
Stock	15 100 000	12 085 000	9 643 000	9 681 000
Total Investments	0	0	0	0
Cash, Bank	856 000	174 000	145 000	117 000
Total Current Assets	16 490 000	12 430 000	10 040 000	10 314 000
Total Assets	19 673 000	15 371 000	12 106 000	11 787 000
Total Equity	7 339 000	6 619 000	5 646 000	4 341 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 781 000	7 096 000	4 200 000	5 035 000
Creditors	857 000	481 000	886 000	1 011 000
Unpaid Taxes	314 000	678 000	863 000	506 000
Dividends	0	0	0	0
Other Current Debt	206 000	193 000	165 000	601 000
Total Current Debt	1 554 000	1 656 000	2 261 000	2 410 000
Total Equity and Debt	19 673 000	15 371 000	12 106 000	11 787 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,76 %	14,7 %	23,11 %	25,55 %
Debt-to-Equity Ratio	1,47	1,07	0,74	1,16
Operating Profit Margin	6,21 %	5,58 %	9,11 %	9,19 %
Current Ratio	10,61	7,51	4,44	4,28
Quick Ratio	−1,22	−1,19	−1,36	−1,42
Equity Ratio	0,37	0,43	0,47	0,37
Gross Profit Margin	33,74 %	30,54 %	34,98 %	38,23 %