HAGERUP RØR -OG SVEISETEKNIKK AS

7633 FROSTA

Finances

Return on Equity

33,44 %

Current Ratio

2,63

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 077 000	1 686 000	1 953 000	1 980 000
Net Income	219 000	−28 000	328 000	154 000
Total Assets	1 344 000	1 163 000	1 248 000	652 000
Total Equity	655 000	561 000	589 000	261 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 077 000	1 686 000	1 953 000	1 980 000
Expenditure	1 777 000	1 703 000	1 519 000	1 781 000
Operating Profit	301 000	−17 000	435 000	199 000
Financial Income	2 000	1 000	2 000	2 000
Financial Costs	22 000	19 000	14 000	3 000
Financial Balance	−20 000	−18 000	−12 000	−1 000
Earnings Before Tax	281 000	−35 000	422 000	198 000
Tax	62 000	−7 000	94 000	44 000
Net Income	219 000	−28 000	328 000	154 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	239 000	306 000	367 000	37 000
Total Current Assets	1 105 000	857 000	881 000	614 000
Total Assets	1 344 000	1 163 000	1 248 000	652 000
Total Retained Equity	565 000	471 000	499 000	171 000
Total Equity	655 000	561 000	589 000	261 000
Total Long-Term Debt	270 000	316 000	362 000	6 000
Total Current Debt	420 000	286 000	296 000	384 000
Total Equity and Debt	1 344 000	1 163 000	1 248 000	652 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 077 000	1 659 000	1 952 000	1 980 000
Other Income	0	27 000	1 000	0
Revenue	2 077 000	1 686 000	1 953 000	1 980 000
Cost of Goods Sold	798 000	733 000	951 000	1 078 000
Salary Costs	363 000	326 000	155 000	305 000
Depreciation	73 000	81 000	24 000	20 000
Impairment	0	0	0	0
Expenditure	1 777 000	1 703 000	1 519 000	1 781 000
Operating Profit	301 000	−17 000	435 000	199 000
Financial Income	2 000	1 000	2 000	2 000
Financial Costs	22 000	19 000	14 000	3 000
Financial Balance	−20 000	−18 000	−12 000	−1 000
Dividends	0	0	0	0
Net Income	219 000	−28 000	328 000	154 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 000	33 000	16 000	28 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	4 000	9 000
Fixtures	201 000	274 000	347 000	1 000
Total Tangible Assets	201 000	274 000	351 000	10 000
Total Fiancial Fixed Assets	3 000	0	0	0
Total Fixed Assets	239 000	306 000	367 000	37 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	685 000	428 000	486 000	237 000
Total Current Assets	1 105 000	857 000	881 000	614 000
Total Assets	1 344 000	1 163 000	1 248 000	652 000
Total Equity	655 000	561 000	589 000	261 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	270 000	316 000	362 000	6 000
Creditors	205 000	121 000	101 000	243 000
Unpaid Taxes	104 000	85 000	49 000	10 000
Dividends	0	0	0	0
Other Current Debt	47 000	70 000	64 000	78 000
Total Current Debt	420 000	286 000	296 000	384 000
Total Equity and Debt	1 344 000	1 163 000	1 248 000	652 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,44 %	−4,99 %	55,69 %	59 %
Debt-to-Equity Ratio	0,41	0,56	0,61	0,02
Operating Profit Margin	14,49 %	−1,01 %	22,27 %	10,05 %
Current Ratio	2,63	3	2,98	1,6
Quick Ratio	2,63	3	2,98	1,6
Equity Ratio	0,49	0,48	0,47	0,4
Gross Profit Margin	61,58 %	56,52 %	51,31 %	45,56 %