HÅVARD WANGEN TRANSPORT AS

2647 SØR-FRON

Finances

Share Ownership

Return on Equity

33,97 %

Current Ratio

4,46

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 877 000	1 413 000	1 201 000	409 000
Net Income	214 000	166 000	262 000	−83 000
Total Assets	795 000	562 000	389 000	383 000
Total Equity	630 000	416 000	249 000	−12 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 877 000	1 413 000	1 201 000	409 000
Expenditure	1 598 000	1 224 000	919 000	480 000
Operating Profit	279 000	189 000	282 000	−70 000
Financial Income	0	0	0	0
Financial Costs	4 000	5 000	20 000	13 000
Financial Balance	−4 000	−5 000	−20 000	−13 000
Earnings Before Tax	275 000	185 000	262 000	−83 000
Tax	60 000	18 000	0	0
Net Income	214 000	166 000	262 000	−83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	130 000	175 000	220 000	265 000
Total Current Assets	665 000	387 000	169 000	118 000
Total Assets	795 000	562 000	389 000	383 000
Total Retained Equity	600 000	386 000	219 000	−42 000
Total Equity	630 000	416 000	249 000	−12 000
Total Long-Term Debt	17 000	18 000	44 000	156 000
Total Current Debt	149 000	128 000	95 000	239 000
Total Equity and Debt	795 000	562 000	389 000	383 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 877 000	1 413 000	1 201 000	409 000
Other Income	0	0	0	0
Revenue	1 877 000	1 413 000	1 201 000	409 000
Cost of Goods Sold	0	0	0	0
Salary Costs	350 000	224 000	189 000	114 000
Depreciation	45 000	45 000	45 000	19 000
Impairment	0	0	0	0
Expenditure	1 598 000	1 224 000	919 000	480 000
Operating Profit	279 000	189 000	282 000	−70 000
Financial Income	0	0	0	0
Financial Costs	4 000	5 000	20 000	13 000
Financial Balance	−4 000	−5 000	−20 000	−13 000
Dividends	0	0	0	0
Net Income	214 000	166 000	262 000	−83 000

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	3 000	8 000	13 000	18 000
Fixtures	127 000	167 000	207 000	247 000
Total Tangible Assets	130 000	175 000	220 000	265 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	130 000	175 000	220 000	265 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	565 000	249 000	10 000	0
Total Current Assets	665 000	387 000	169 000	118 000
Total Assets	795 000	562 000	389 000	383 000
Total Equity	630 000	416 000	249 000	−12 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 000	18 000	44 000	156 000
Creditors	63 000	83 000	69 000	62 000
Unpaid Taxes	24 000	45 000	23 000	53 000
Dividends	0	0	0	0
Other Current Debt	0	0	2 000	124 000
Total Current Debt	149 000	128 000	95 000	239 000
Total Equity and Debt	795 000	562 000	389 000	383 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,97 %	39,9 %	105,22 %	691,67 %
Debt-to-Equity Ratio	0,03	0,04	0,18	−13
Operating Profit Margin	14,86 %	13,38 %	23,48 %	−17,11 %
Current Ratio	4,46	3,02	1,78	0,49
Quick Ratio	4,46	3,02	1,78	0,49
Equity Ratio	0,79	0,74	0,64	−0,03
Gross Profit Margin	100 %	100 %	100 %	100 %