HAUGALAND FORSIKRINGSSENTER AS

5411 STORD

Finances

Return on Equity

−26,95 %

Current Ratio

1,95

Debt-to-Equity Ratio

2,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 475 000	8 978 000	8 717 000	7 053 000
Net Income	−207 000	187 000	1 114 000	455 000
Total Assets	4 716 000	3 497 000	3 278 000	1 991 000
Total Equity	768 000	975 000	888 000	74 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 475 000	8 978 000	8 717 000	7 053 000
Expenditure	9 194 000	8 354 000	7 197 000	6 432 000
Operating Profit	280 000	624 000	1 519 000	621 000
Financial Income	1 000	167 000	0	0
Financial Costs	309 000	442 000	5 000	4 000
Financial Balance	−308 000	−275 000	−5 000	−4 000
Earnings Before Tax	−28 000	349 000	1 515 000	618 000
Tax	180 000	162 000	400 000	163 000
Net Income	−207 000	187 000	1 114 000	455 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	423 000	517 000	53 000	17 000
Total Current Assets	4 292 000	2 980 000	3 225 000	1 974 000
Total Assets	4 716 000	3 497 000	3 278 000	1 991 000
Total Retained Equity	738 000	945 000	858 000	44 000
Total Equity	768 000	975 000	888 000	74 000
Total Long-Term Debt	1 744 000	490 000	0	0
Total Current Debt	2 204 000	2 032 000	2 389 000	1 917 000
Total Equity and Debt	4 716 000	3 497 000	3 278 000	1 991 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	9 475 000	8 978 000	8 717 000	7 053 000
Revenue	9 475 000	8 978 000	8 717 000	7 053 000
Cost of Goods Sold	505 000	0	0	0
Salary Costs	7 699 000	7 561 000	6 499 000	5 717 000
Depreciation	93 000	93 000	12 000	8 000
Impairment	0	0	0	0
Expenditure	9 194 000	8 354 000	7 197 000	6 432 000
Operating Profit	280 000	624 000	1 519 000	621 000
Financial Income	1 000	167 000	0	0
Financial Costs	309 000	442 000	5 000	4 000
Financial Balance	−308 000	−275 000	−5 000	−4 000
Dividends	0	100 000	300 000	450 000
Net Income	−207 000	187 000	1 114 000	455 000

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	423 000	517 000	53 000	17 000
Total Tangible Assets	423 000	517 000	53 000	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	423 000	517 000	53 000	17 000
Stock	1 844 000	0	0	0
Total Investments	774 000	1 026 000	0	0
Cash, Bank	1 161 000	1 074 000	2 527 000	834 000
Total Current Assets	4 292 000	2 980 000	3 225 000	1 974 000
Total Assets	4 716 000	3 497 000	3 278 000	1 991 000
Total Equity	768 000	975 000	888 000	74 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 744 000	490 000	0	0
Creditors	349 000	111 000	96 000	4 000
Unpaid Taxes	494 000	553 000	656 000	480 000
Dividends	0	100 000	300 000	450 000
Other Current Debt	1 174 000	1 213 000	937 000	820 000
Total Current Debt	2 204 000	2 032 000	2 389 000	1 917 000
Total Equity and Debt	4 716 000	3 497 000	3 278 000	1 991 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,95 %	19,18 %	125,45 %	614,86 %
Debt-to-Equity Ratio	2,27	0,5	0	0
Operating Profit Margin	2,96 %	6,95 %	17,43 %	8,8 %
Current Ratio	1,95	1,47	1,35	1,03
Quick Ratio	11,92	1,47	1,35	1,03
Equity Ratio	0,16	0,28	0,27	0,04
Gross Profit Margin	94,67 %	100 %	100 %	100 %