HIAB NORWAY AS

1481 HAGAN

Finances

Share Ownership

Return on Equity

34,14 %

Current Ratio

1,38

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	276 360 000	209 769 000	175 473 000	207 920 000
Net Income	7 463 000	5 949 000	5 000 000	12 443 000
Total Assets	94 583 000	92 351 000	68 451 000	77 399 000
Total Equity	21 857 000	23 268 000	24 235 000	24 349 000

Income (NOK)	2022	2021	2020	2019
Revenue	276 360 000	209 769 000	175 473 000	207 920 000
Expenditure	267 683 000	202 188 000	164 894 000	192 377 000
Operating Profit	8 676 000	7 581 000	10 579 000	15 543 000
Financial Income	4 481 000	571 000	680 000	2 104 000
Financial Costs	3 574 000	518 000	4 842 000	1 681 000
Financial Balance	907 000	53 000	−4 162 000	423 000
Earnings Before Tax	9 583 000	7 634 000	6 417 000	15 966 000
Tax	2 120 000	1 685 000	1 417 000	3 523 000
Net Income	7 463 000	5 949 000	5 000 000	12 443 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 119 000	2 909 000	2 588 000	2 446 000
Total Current Assets	91 464 000	89 442 000	65 863 000	74 953 000
Total Assets	94 583 000	92 351 000	68 451 000	77 399 000
Total Retained Equity	21 618 000	23 029 000	23 996 000	24 110 000
Total Equity	21 857 000	23 268 000	24 235 000	24 349 000
Total Long-Term Debt	6 592 000	7 056 000	6 730 000	10 708 000
Total Current Debt	66 135 000	62 028 000	37 486 000	42 342 000
Total Equity and Debt	94 583 000	92 352 000	68 451 000	77 399 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	275 406 000	209 192 000	174 760 000	205 654 000
Other Income	954 000	577 000	713 000	2 266 000
Revenue	276 360 000	209 769 000	175 473 000	207 920 000
Cost of Goods Sold	219 521 000	156 238 000	121 084 000	144 216 000
Salary Costs	24 899 000	24 726 000	22 926 000	23 623 000
Depreciation	172 000	172 000	175 000	129 000
Impairment	0	0	0	0
Expenditure	267 683 000	202 188 000	164 894 000	192 377 000
Operating Profit	8 676 000	7 581 000	10 579 000	15 543 000
Financial Income	4 481 000	571 000	680 000	2 104 000
Financial Costs	3 574 000	518 000	4 842 000	1 681 000
Financial Balance	907 000	53 000	−4 162 000	423 000
Dividends	0	0	0	0
Net Income	7 463 000	5 949 000	5 000 000	12 443 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 599 000	2 216 000	1 957 000	1 931 000
Real Eastate	372 000	407 000	202 000	283 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	149 000	286 000	429 000	232 000
Total Tangible Assets	521 000	693 000	631 000	515 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 119 000	2 909 000	2 588 000	2 446 000
Stock	33 655 000	20 431 000	11 865 000	14 292 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	91 464 000	89 442 000	65 863 000	74 953 000
Total Assets	94 583 000	92 351 000	68 451 000	77 399 000
Total Equity	21 857 000	23 268 000	24 235 000	24 349 000
Short-Term Group Debt	11 433 000	34 385 000	27 443 000	16 125 000
Total Long-Term Debt	6 592 000	7 056 000	6 730 000	10 708 000
Creditors	36 113 000	16 540 000	386 000	9 763 000
Unpaid Taxes	11 694 000	7 718 000	7 160 000	10 734 000
Dividends	0	0	0	0
Other Current Debt	6 895 000	3 385 000	2 497 000	5 720 000
Total Current Debt	66 135 000	62 028 000	37 486 000	42 342 000
Total Equity and Debt	94 583 000	92 352 000	68 451 000	77 399 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,14 %	25,57 %	20,63 %	51,1 %
Debt-to-Equity Ratio	0,3	0,3	0,28	0,44
Operating Profit Margin	3,14 %	3,61 %	6,03 %	7,48 %
Current Ratio	1,38	1,44	1,76	1,77
Quick Ratio	2,82	2,15	2,57	2,67
Equity Ratio	0,23	0,25	0,35	0,31
Gross Profit Margin	20,57 %	25,52 %	31 %	30,64 %