HAUGESUND BILVERKSTED AS

5542 KARMSUND

Finances

Return on Equity

29,8 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 086 000	12 488 000	11 884 000	11 449 000
Net Income	461 000	780 000	584 000	362 000
Total Assets	3 402 000	3 918 000	3 567 000	3 055 000
Total Equity	1 547 000	2 286 000	1 506 000	1 372 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 086 000	12 488 000	11 884 000	11 449 000
Expenditure	12 465 000	11 466 000	11 128 000	10 943 000
Operating Profit	621 000	1 023 000	756 000	466 000
Financial Income	7 000	7 000	7 000	9 000
Financial Costs	11 000	15 000	15 000	10 000
Financial Balance	−4 000	−8 000	−8 000	−1 000
Earnings Before Tax	617 000	1 015 000	748 000	465 000
Tax	156 000	235 000	165 000	102 000
Net Income	461 000	780 000	584 000	362 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	568 000	542 000	707 000	995 000
Total Current Assets	2 834 000	3 376 000	2 861 000	2 060 000
Total Assets	3 402 000	3 918 000	3 567 000	3 055 000
Total Retained Equity	1 147 000	1 686 000	906 000	772 000
Total Equity	1 547 000	2 286 000	1 506 000	1 372 000
Total Long-Term Debt	0	0	12 000	105 000
Total Current Debt	1 855 000	1 631 000	2 049 000	1 578 000
Total Equity and Debt	3 402 000	3 918 000	3 567 000	3 055 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 086 000	12 488 000	11 884 000	11 449 000
Other Income	0	0	0	0
Revenue	13 086 000	12 488 000	11 884 000	11 449 000
Cost of Goods Sold	4 818 000	4 412 000	4 344 000	3 978 000
Salary Costs	4 632 000	4 850 000	4 598 000	4 536 000
Depreciation	220 000	190 000	288 000	303 000
Impairment	0	0	0	0
Expenditure	12 465 000	11 466 000	11 128 000	10 943 000
Operating Profit	621 000	1 023 000	756 000	466 000
Financial Income	7 000	7 000	7 000	9 000
Financial Costs	11 000	15 000	15 000	10 000
Financial Balance	−4 000	−8 000	−8 000	−1 000
Dividends	0	0	450 000	300 000
Net Income	461 000	780 000	584 000	362 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	25 000
Total Intangible Assets	0	0	0	25 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	324 000	470 000	621 000	783 000
Fixtures	242 000	70 000	85 000	187 000
Total Tangible Assets	566 000	540 000	707 000	970 000
Total Fiancial Fixed Assets	2 000	2 000	0	0
Total Fixed Assets	568 000	542 000	707 000	995 000
Stock	137 000	75 000	82 000	95 000
Total Investments	0	0	0	0
Cash, Bank	1 988 000	2 533 000	2 094 000	1 244 000
Total Current Assets	2 834 000	3 376 000	2 861 000	2 060 000
Total Assets	3 402 000	3 918 000	3 567 000	3 055 000
Total Equity	1 547 000	2 286 000	1 506 000	1 372 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	12 000	105 000
Creditors	675 000	315 000	364 000	334 000
Unpaid Taxes	595 000	620 000	595 000	408 000
Dividends	0	0	450 000	300 000
Other Current Debt	429 000	449 000	883 000	419 000
Total Current Debt	1 855 000	1 631 000	2 049 000	1 578 000
Total Equity and Debt	3 402 000	3 918 000	3 567 000	3 055 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,8 %	34,12 %	38,78 %	26,38 %
Debt-to-Equity Ratio	0	0	0,01	0,08
Operating Profit Margin	4,75 %	8,19 %	6,36 %	4,07 %
Current Ratio	1,53	2,07	1,4	1,31
Quick Ratio	1,65	2,17	1,45	1,39
Equity Ratio	0,45	0,58	0,42	0,45
Gross Profit Margin	63,18 %	64,67 %	63,45 %	65,25 %