HAUGALAND SVEISESERVICE EIENDOM AS

5563 FØRRESFJORDEN

Finances

Share Ownership

Return on Equity

13,52 %

Current Ratio

1,48

Debt-to-Equity Ratio

5,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	960 000	992 000	600 000	600 000
Net Income	164 000	231 000	214 000	119 000
Total Assets	8 041 000	8 157 000	4 438 000	4 158 000
Total Equity	1 213 000	1 048 000	817 000	602 000

Income (NOK)	2022	2021	2020	2019
Revenue	960 000	992 000	600 000	600 000
Expenditure	440 000	459 000	188 000	259 000
Operating Profit	520 000	533 000	411 000	342 000
Financial Income	0	0	0	0
Financial Costs	293 000	191 000	128 000	154 000
Financial Balance	−293 000	−191 000	−128 000	−154 000
Earnings Before Tax	227 000	342 000	283 000	187 000
Tax	62 000	111 000	69 000	68 000
Net Income	164 000	231 000	214 000	119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 456 000	7 782 000	4 035 000	3 997 000
Total Current Assets	585 000	375 000	402 000	162 000
Total Assets	8 041 000	8 157 000	4 438 000	4 158 000
Total Retained Equity	1 196 000	1 032 000	800 000	586 000
Total Equity	1 213 000	1 048 000	817 000	602 000
Total Long-Term Debt	6 434 000	6 657 000	3 125 000	3 278 000
Total Current Debt	395 000	452 000	496 000	278 000
Total Equity and Debt	8 041 000	8 157 000	4 438 000	4 158 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	960 000	992 000	600 000	600 000
Revenue	960 000	992 000	600 000	600 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	326 000	281 000	197 000	193 000
Impairment	0	0	0	0
Expenditure	440 000	459 000	188 000	259 000
Operating Profit	520 000	533 000	411 000	342 000
Financial Income	0	0	0	0
Financial Costs	293 000	191 000	128 000	154 000
Financial Balance	−293 000	−191 000	−128 000	−154 000
Dividends	0	0	0	0
Net Income	164 000	231 000	214 000	119 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 414 000	7 719 000	3 775 000	3 960 000
Machinery and Plant Facilities	41 000	63 000	60 000	37 000
Fixtures	0	0	0	0
Total Tangible Assets	7 456 000	7 782 000	3 835 000	3 997 000
Total Fiancial Fixed Assets	0	0	200 000	0
Total Fixed Assets	7 456 000	7 782 000	4 035 000	3 997 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	585 000	385 000	340 000	37 000
Total Current Assets	585 000	375 000	402 000	162 000
Total Assets	8 041 000	8 157 000	4 438 000	4 158 000
Total Equity	1 213 000	1 048 000	817 000	602 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 434 000	6 657 000	3 125 000	3 278 000
Creditors	8 000	30 000	0	0
Unpaid Taxes	219 000	205 000	122 000	117 000
Dividends	0	0	0	0
Other Current Debt	105 000	105 000	305 000	105 000
Total Current Debt	395 000	452 000	496 000	278 000
Total Equity and Debt	8 041 000	8 157 000	4 438 000	4 158 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,52 %	22,04 %	26,19 %	19,77 %
Debt-to-Equity Ratio	5,3	6,35	3,82	5,45
Operating Profit Margin	54,17 %	53,73 %	68,5 %	57 %
Current Ratio	1,48	0,83	0,81	0,58
Quick Ratio	1,48	0,83	0,81	0,58
Equity Ratio	0,15	0,13	0,18	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %