K HAGEN AS

6002 ÅLESUND

Finances

Return on Equity

2,62 %

Current Ratio

5,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 028 000	13 791 000	13 215 000	13 563 000
Net Income	300 000	336 000	742 000	498 000
Total Assets	13 259 000	13 004 000	13 188 000	12 477 000
Total Equity	11 468 000	11 168 000	10 832 000	10 090 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 028 000	13 791 000	13 215 000	13 563 000
Expenditure	13 655 000	13 378 000	12 205 000	12 885 000
Operating Profit	373 000	414 000	1 009 000	678 000
Financial Income	79 000	72 000	3 000	3 000
Financial Costs	70 000	58 000	65 000	47 000
Financial Balance	9 000	14 000	−62 000	−44 000
Earnings Before Tax	382 000	428 000	947 000	633 000
Tax	82 000	91 000	205 000	135 000
Net Income	300 000	336 000	742 000	498 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 957 000	3 957 000	3 957 000	3 907 000
Total Current Assets	9 302 000	9 047 000	9 231 000	8 570 000
Total Assets	13 259 000	13 004 000	13 188 000	12 477 000
Total Retained Equity	8 568 000	8 268 000	7 932 000	7 190 000
Total Equity	11 468 000	11 168 000	10 832 000	10 090 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 791 000	1 836 000	2 356 000	2 387 000
Total Equity and Debt	13 259 000	13 004 000	13 188 000	12 477 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 028 000	13 791 000	13 086 000	13 563 000
Other Income	0	0	129 000	0
Revenue	14 028 000	13 791 000	13 215 000	13 563 000
Cost of Goods Sold	6 336 000	5 890 000	6 204 000	5 994 000
Salary Costs	4 566 000	4 410 000	3 467 000	4 395 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	13 655 000	13 378 000	12 205 000	12 885 000
Operating Profit	373 000	414 000	1 009 000	678 000
Financial Income	79 000	72 000	3 000	3 000
Financial Costs	70 000	58 000	65 000	47 000
Financial Balance	9 000	14 000	−62 000	−44 000
Dividends	0	0	0	0
Net Income	300 000	336 000	742 000	498 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	3 957 000	3 957 000	3 957 000	3 907 000
Total Fixed Assets	3 957 000	3 957 000	3 957 000	3 907 000
Stock	7 192 000	6 814 000	6 144 000	6 663 000
Total Investments	0	0	0	0
Cash, Bank	1 721 000	1 843 000	2 697 000	1 517 000
Total Current Assets	9 302 000	9 047 000	9 231 000	8 570 000
Total Assets	13 259 000	13 004 000	13 188 000	12 477 000
Total Equity	11 468 000	11 168 000	10 832 000	10 090 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	48 000	205 000	95 000	323 000
Unpaid Taxes	952 000	869 000	941 000	942 000
Dividends	0	0	0	0
Other Current Debt	709 000	671 000	1 115 000	987 000
Total Current Debt	1 791 000	1 836 000	2 356 000	2 387 000
Total Equity and Debt	13 259 000	13 004 000	13 188 000	12 477 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,62 %	3,01 %	6,85 %	4,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,66 %	3 %	7,64 %	5 %
Current Ratio	5,19	4,93	3,92	3,59
Quick Ratio	−1,72	−1,82	−2,44	−2
Equity Ratio	0,86	0,86	0,82	0,81
Gross Profit Margin	54,83 %	57,29 %	53,05 %	55,81 %