HAGELANDGRUPPEN AS

1396 BILLINGSTAD

Finances

Return on Equity

10,31 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	62 953 000	40 647 000	31 100 000	29 396 000
Net Income	351 000	−1 168 000	−1 640 000	404 000
Total Assets	27 740 000	23 340 000	19 914 000	20 079 000
Total Equity	3 405 000	3 094 000	4 301 000	5 982 000

Income (NOK)	2022	2021	2020	2019
Revenue	62 953 000	40 647 000	31 100 000	29 396 000
Expenditure	61 250 000	42 466 000	33 691 000	29 182 000
Operating Profit	1 702 000	−1 820 000	−2 592 000	215 000
Financial Income	17 000	28 000	87 000	65 000
Financial Costs	1 643 000	6 000	7 000	43 000
Financial Balance	−1 626 000	22 000	80 000	22 000
Earnings Before Tax	76 000	−1 798 000	−2 512 000	237 000
Tax	−275 000	−630 000	−871 000	−167 000
Net Income	351 000	−1 168 000	−1 640 000	404 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 056 000	1 418 000	1 114 000	306 000
Total Current Assets	24 685 000	21 922 000	18 800 000	19 773 000
Total Assets	27 740 000	23 340 000	19 914 000	20 079 000
Total Retained Equity	1 746 000	1 395 000	2 563 000	4 203 000
Total Equity	3 405 000	3 094 000	4 301 000	5 982 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	24 335 000	20 247 000	15 613 000	14 097 000
Total Equity and Debt	27 740 000	23 340 000	19 914 000	20 079 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	62 953 000	40 647 000	31 100 000	29 396 000
Other Income	0	0	0	0
Revenue	62 953 000	40 647 000	31 100 000	29 396 000
Cost of Goods Sold	44 190 000	17 597 000	2 618 000	4 451 000
Salary Costs	7 876 000	7 115 000	6 523 000	6 162 000
Depreciation	15 000	26 000	86 000	176 000
Impairment	0	0	0	0
Expenditure	61 250 000	42 466 000	33 691 000	29 182 000
Operating Profit	1 702 000	−1 820 000	−2 592 000	215 000
Financial Income	17 000	28 000	87 000	65 000
Financial Costs	1 643 000	6 000	7 000	43 000
Financial Balance	−1 626 000	22 000	80 000	22 000
Dividends	0	0	0	0
Net Income	351 000	−1 168 000	−1 640 000	404 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 046 000	1 394 000	1 064 000	192 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	9 000	24 000	50 000	114 000
Total Tangible Assets	9 000	24 000	50 000	114 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 056 000	1 418 000	1 114 000	306 000
Stock	30 000	26 000	112 000	33 000
Total Investments	0	0	0	0
Cash, Bank	19 894 000	18 101 000	15 941 000	15 715 000
Total Current Assets	24 685 000	21 922 000	18 800 000	19 773 000
Total Assets	27 740 000	23 340 000	19 914 000	20 079 000
Total Equity	3 405 000	3 094 000	4 301 000	5 982 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 985 000	4 807 000	1 950 000	2 998 000
Unpaid Taxes	809 000	763 000	823 000	576 000
Dividends	0	0	0	0
Other Current Debt	17 542 000	14 676 000	12 840 000	10 524 000
Total Current Debt	24 335 000	20 247 000	15 613 000	14 097 000
Total Equity and Debt	27 740 000	23 340 000	19 914 000	20 079 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,31 %	−37,75 %	−38,13 %	6,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,7 %	−4,48 %	−8,33 %	0,73 %
Current Ratio	1,01	1,08	1,2	1,4
Quick Ratio	1,02	1,08	1,21	1,41
Equity Ratio	0,12	0,13	0,22	0,3
Gross Profit Margin	29,8 %	56,71 %	91,58 %	84,86 %