HAGLØFS AS

0459 OSLO

Finances

Share Ownership

Return on Equity

24,19 %

Current Ratio

2,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	139 410 000	109 689 000	59 267 000	64 502 000
Net Income	8 458 000	2 934 000	2 044 000	997 000
Total Assets	57 028 000	39 723 000	31 890 000	27 286 000
Total Equity	34 968 000	26 510 000	23 576 000	21 533 000

Income (NOK)	2022	2021	2020	2019
Revenue	139 410 000	109 689 000	59 267 000	64 502 000
Expenditure	128 556 000	105 910 000	56 635 000	63 266 000
Operating Profit	10 854 000	3 780 000	2 632 000	1 237 000
Financial Income	5 000	2 000	4 000	85 000
Financial Costs	4 000	7 000	4 000	10 000
Financial Balance	1 000	−5 000	0	75 000
Earnings Before Tax	10 856 000	3 775 000	2 633 000	1 311 000
Tax	2 398 000	841 000	589 000	314 000
Net Income	8 458 000	2 934 000	2 044 000	997 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	522 000	807 000	980 000	1 185 000
Total Current Assets	56 505 000	38 916 000	30 911 000	26 101 000
Total Assets	57 028 000	39 723 000	31 890 000	27 286 000
Total Retained Equity	33 968 000	25 510 000	22 576 000	20 533 000
Total Equity	34 968 000	26 510 000	23 576 000	21 533 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 060 000	13 213 000	8 314 000	5 753 000
Total Equity and Debt	57 028 000	39 723 000	31 890 000	27 286 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	139 410 000	109 689 000	59 057 000	64 502 000
Other Income	0	0	210 000	0
Revenue	139 410 000	109 689 000	59 267 000	64 502 000
Cost of Goods Sold	109 985 000	86 992 000	41 481 000	47 920 000
Salary Costs	9 391 000	8 442 000	7 149 000	7 912 000
Depreciation	253 000	304 000	316 000	249 000
Impairment	0	52 000	0	0
Expenditure	128 556 000	105 910 000	56 635 000	63 266 000
Operating Profit	10 854 000	3 780 000	2 632 000	1 237 000
Financial Income	5 000	2 000	4 000	85 000
Financial Costs	4 000	7 000	4 000	10 000
Financial Balance	1 000	−5 000	0	75 000
Dividends	0	0	0	0
Net Income	8 458 000	2 934 000	2 044 000	997 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	115 000	147 000	113 000	156 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	407 000	660 000	866 000	1 029 000
Total Tangible Assets	407 000	660 000	866 000	1 029 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	522 000	807 000	980 000	1 185 000
Stock	3 353 000	4 154 000	2 867 000	3 090 000
Total Investments	0	0	0	0
Cash, Bank	597 000	496 000	570 000	461 000
Total Current Assets	56 505 000	38 916 000	30 911 000	26 101 000
Total Assets	57 028 000	39 723 000	31 890 000	27 286 000
Total Equity	34 968 000	26 510 000	23 576 000	21 533 000
Short-Term Group Debt	4 982 000	515 000	1 671 000	821 000
Total Long-Term Debt	0	0	0	0
Creditors	1 097 000	2 071 000	1 678 000	180 000
Unpaid Taxes	5 560 000	3 152 000	1 317 000	583 000
Dividends	0	0	0	0
Other Current Debt	8 055 000	6 600 000	3 103 000	3 852 000
Total Current Debt	22 060 000	13 213 000	8 314 000	5 753 000
Total Equity and Debt	57 028 000	39 723 000	31 890 000	27 286 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,19 %	11,07 %	8,67 %	4,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,79 %	3,45 %	4,44 %	1,92 %
Current Ratio	2,56	2,95	3,72	4,54
Quick Ratio	3,02	4,3	5,67	9,8
Equity Ratio	0,61	0,67	0,74	0,79
Gross Profit Margin	21,11 %	20,69 %	30,01 %	25,71 %