HAGEHUGGERN AS

3721 SKIEN

Finances

Share Ownership

Return on Equity

−21,47 %

Current Ratio

2,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 054 000	1 749 000	2 328 000	1 598 000
Net Income	−126 000	−28 000	122 000	797 000
Total Assets	951 000	876 000	1 081 000	1 102 000
Total Equity	587 000	712 000	740 000	862 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 054 000	1 749 000	2 328 000	1 598 000
Expenditure	2 180 000	1 771 000	2 164 000	669 000
Operating Profit	−126 000	−23 000	164 000	929 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	10 000
Financial Balance	0	0	0	−10 000
Earnings Before Tax	−126 000	−23 000	164 000	920 000
Tax	0	4 000	42 000	123 000
Net Income	−126 000	−28 000	122 000	797 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	212 000	250 000	269 000	477 000
Total Current Assets	739 000	625 000	812 000	625 000
Total Assets	951 000	876 000	1 081 000	1 102 000
Total Retained Equity	557 000	682 000	710 000	0
Total Equity	587 000	712 000	740 000	862 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	364 000	164 000	341 000	241 000
Total Equity and Debt	951 000	876 000	1 081 000	1 102 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 861 000	1 656 000	2 328 000	1 551 000
Other Income	193 000	93 000	0	47 000
Revenue	2 054 000	1 749 000	2 328 000	1 598 000
Cost of Goods Sold	296 000	473 000	178 000	49 000
Salary Costs	1 090 000	568 000	839 000	109 000
Depreciation	71 000	101 000	86 000	55 000
Impairment	0	0	0	0
Expenditure	2 180 000	1 771 000	2 164 000	669 000
Operating Profit	−126 000	−23 000	164 000	929 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	10 000
Financial Balance	0	0	0	−10 000
Dividends	0	0	244 000	0
Net Income	−126 000	−28 000	122 000	797 000

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	151 000	221 000	242 000	235 000
Fixtures	0	0	21 000	36 000
Total Tangible Assets	151 000	221 000	263 000	271 000
Total Fiancial Fixed Assets	61 000	29 000	6 000	206 000
Total Fixed Assets	212 000	250 000	269 000	477 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	685 000	586 000	806 000	317 000
Total Current Assets	739 000	625 000	812 000	625 000
Total Assets	951 000	876 000	1 081 000	1 102 000
Total Equity	587 000	712 000	740 000	862 000
Short-Term Group Debt	0	0	87 000	9 000
Total Long-Term Debt	0	0	0	0
Creditors	31 000	35 000	79 000	23 000
Unpaid Taxes	111 000	112 000	230 000	39 000
Dividends	0	0	244 000	0
Other Current Debt	222 000	13 000	−97 000	47 000
Total Current Debt	364 000	164 000	341 000	241 000
Total Equity and Debt	951 000	876 000	1 081 000	1 102 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,47 %	−3,93 %	16,49 %	92,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,13 %	−1,32 %	7,04 %	58,14 %
Current Ratio	2,03	3,81	2,38	2,59
Quick Ratio	2,03	3,81	2,38	2,59
Equity Ratio	0,62	0,81	0,68	0,78
Gross Profit Margin	85,59 %	72,96 %	92,35 %	96,93 %