HAGBARTSEN AS

1930 AURSKOG

Finances

Return on Equity

−6,95 %

Current Ratio

2,23

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 879 000	5 544 000	5 103 000	3 519 000
Net Income	−78 000	347 000	41 000	−4 000
Total Assets	2 709 000	3 083 000	1 404 000	1 392 000
Total Equity	1 122 000	1 200 000	903 000	912 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 879 000	5 544 000	5 103 000	3 519 000
Expenditure	5 028 000	5 266 000	5 050 000	3 513 000
Operating Profit	−149 000	280 000	53 000	6 000
Financial Income	79 000	170 000	29 000	40 000
Financial Costs	50 000	46 000	27 000	48 000
Financial Balance	29 000	124 000	2 000	−8 000
Earnings Before Tax	−120 000	404 000	55 000	−2 000
Tax	−42 000	58 000	14 000	2 000
Net Income	−78 000	347 000	41 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 240 000	1 179 000	31 000	59 000
Total Current Assets	1 469 000	1 904 000	1 373 000	1 333 000
Total Assets	2 709 000	3 083 000	1 404 000	1 392 000
Total Retained Equity	1 092 000	1 170 000	873 000	882 000
Total Equity	1 122 000	1 200 000	903 000	912 000
Total Long-Term Debt	927 000	980 000	9 000	5 000
Total Current Debt	660 000	904 000	491 000	475 000
Total Equity and Debt	2 709 000	3 083 000	1 404 000	1 392 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 879 000	5 536 000	5 077 000	3 408 000
Other Income	0	9 000	26 000	111 000
Revenue	4 879 000	5 544 000	5 103 000	3 519 000
Cost of Goods Sold	1 337 000	1 694 000	1 651 000	90 000
Salary Costs	1 389 000	1 374 000	1 355 000	1 321 000
Depreciation	19 000	23 000	29 000	35 000
Impairment	0	0	0	0
Expenditure	5 028 000	5 266 000	5 050 000	3 513 000
Operating Profit	−149 000	280 000	53 000	6 000
Financial Income	79 000	170 000	29 000	40 000
Financial Costs	50 000	46 000	27 000	48 000
Financial Balance	29 000	124 000	2 000	−8 000
Dividends	0	50 000	50 000	50 000
Net Income	−78 000	347 000	41 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	37 000	0	0	0
Real Eastate	1 170 000	1 165 000	0	0
Machinery and Plant Facilities	0	0	2 000	12 000
Fixtures	33 000	14 000	28 000	47 000
Total Tangible Assets	1 203 000	1 179 000	31 000	59 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 240 000	1 179 000	31 000	59 000
Stock	0	0	0	0
Total Investments	1 000	112 000	279 000	282 000
Cash, Bank	711 000	967 000	820 000	338 000
Total Current Assets	1 469 000	1 904 000	1 373 000	1 333 000
Total Assets	2 709 000	3 083 000	1 404 000	1 392 000
Total Equity	1 122 000	1 200 000	903 000	912 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	927 000	980 000	9 000	5 000
Creditors	426 000	365 000	150 000	145 000
Unpaid Taxes	115 000	269 000	137 000	171 000
Dividends	0	50 000	50 000	50 000
Other Current Debt	120 000	157 000	144 000	110 000
Total Current Debt	660 000	904 000	491 000	475 000
Total Equity and Debt	2 709 000	3 083 000	1 404 000	1 392 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,95 %	28,92 %	4,54 %	−0,44 %
Debt-to-Equity Ratio	0,83	0,82	0,01	0,01
Operating Profit Margin	−3,05 %	5,05 %	1,04 %	0,17 %
Current Ratio	2,23	2,11	2,8	2,81
Quick Ratio	2,23	2,11	2,8	2,81
Equity Ratio	0,41	0,39	0,64	0,66
Gross Profit Margin	72,6 %	69,44 %	67,65 %	97,44 %