HÆGELAND AS

4514 MANDAL

Finances

Share Ownership

Return on Equity

25,47 %

Current Ratio

3,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 358 000	1 195 000	967 000	1 093 000
Net Income	231 000	−80 000	105 000	204 000
Total Assets	1 222 000	1 337 000	941 000	868 000
Total Equity	907 000	676 000	756 000	651 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 358 000	1 195 000	967 000	1 093 000
Expenditure	1 063 000	1 297 000	832 000	832 000
Operating Profit	296 000	−102 000	135 000	261 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	296 000	−103 000	134 000	261 000
Tax	65 000	−23 000	30 000	57 000
Net Income	231 000	−80 000	105 000	204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	29 000	10 000	21 000
Total Current Assets	1 222 000	1 308 000	932 000	846 000
Total Assets	1 222 000	1 337 000	941 000	868 000
Total Retained Equity	877 000	646 000	726 000	621 000
Total Equity	907 000	676 000	756 000	651 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	315 000	661 000	185 000	217 000
Total Equity and Debt	1 222 000	1 337 000	941 000	868 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 358 000	1 195 000	967 000	1 093 000
Other Income	0	0	0	0
Revenue	1 358 000	1 195 000	967 000	1 093 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 035 000	1 241 000	711 000	715 000
Depreciation	0	3 000	13 000	20 000
Impairment	0	0	0	0
Expenditure	1 063 000	1 297 000	832 000	832 000
Operating Profit	296 000	−102 000	135 000	261 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	231 000	−80 000	105 000	204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	29 000	6 000	5 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	3 000	14 000
Fixtures	0	0	0	3 000
Total Tangible Assets	0	0	3 000	16 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	29 000	10 000	21 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 147 000	1 308 000	932 000	674 000
Total Current Assets	1 222 000	1 308 000	932 000	846 000
Total Assets	1 222 000	1 337 000	941 000	868 000
Total Equity	907 000	676 000	756 000	651 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	4 000
Unpaid Taxes	184 000	155 000	115 000	114 000
Dividends	0	0	0	0
Other Current Debt	94 000	506 000	39 000	39 000
Total Current Debt	315 000	661 000	185 000	217 000
Total Equity and Debt	1 222 000	1 337 000	941 000	868 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,47 %	−11,83 %	13,89 %	31,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,8 %	−8,54 %	13,96 %	23,88 %
Current Ratio	3,88	1,98	5,04	3,9
Quick Ratio	3,88	1,98	5,04	3,9
Equity Ratio	0,74	0,51	0,8	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %