HARDANGER AUTOMATISERING

5750 ODDA

Finances

Share Ownership

Return on Equity

13,91 %

Current Ratio

4,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 759 000	1 117 000	1 484 000	1 748 000
Net Income	126 000	−200 000	123 000	172 000
Total Assets	1 187 000	1 032 000	1 236 000	1 067 000
Total Equity	906 000	780 000	980 000	857 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 759 000	1 117 000	1 484 000	1 748 000
Expenditure	1 595 000	1 315 000	1 310 000	1 527 000
Operating Profit	165 000	−198 000	174 000	222 000
Financial Income	2 000	2 000	1 000	1 000
Financial Costs	0	2 000	22 000	2 000
Financial Balance	2 000	0	−21 000	−1 000
Earnings Before Tax	166 000	−198 000	153 000	221 000
Tax	40 000	2 000	30 000	49 000
Net Income	126 000	−200 000	123 000	172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	61 000	133 000	206 000
Total Current Assets	1 187 000	971 000	1 103 000	861 000
Total Assets	1 187 000	1 032 000	1 236 000	1 067 000
Total Retained Equity	876 000	750 000	950 000	827 000
Total Equity	906 000	780 000	980 000	857 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	281 000	252 000	256 000	211 000
Total Equity and Debt	1 187 000	1 032 000	1 236 000	1 067 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 759 000	1 117 000	1 484 000	1 748 000
Other Income	0	0	0	0
Revenue	1 759 000	1 117 000	1 484 000	1 748 000
Cost of Goods Sold	181 000	124 000	69 000	162 000
Salary Costs	998 000	775 000	743 000	745 000
Depreciation	61 000	73 000	73 000	73 000
Impairment	0	0	0	0
Expenditure	1 595 000	1 315 000	1 310 000	1 527 000
Operating Profit	165 000	−198 000	174 000	222 000
Financial Income	2 000	2 000	1 000	1 000
Financial Costs	0	2 000	22 000	2 000
Financial Balance	2 000	0	−21 000	−1 000
Dividends	0	0	0	0
Net Income	126 000	−200 000	123 000	172 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	61 000	133 000	206 000
Total Tangible Assets	0	61 000	133 000	206 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	61 000	133 000	206 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	938 000	549 000	861 000	649 000
Total Current Assets	1 187 000	971 000	1 103 000	861 000
Total Assets	1 187 000	1 032 000	1 236 000	1 067 000
Total Equity	906 000	780 000	980 000	857 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	80 000	9 000	8 000	14 000
Unpaid Taxes	48 000	145 000	115 000	62 000
Dividends	0	0	0	0
Other Current Debt	105 000	92 000	86 000	86 000
Total Current Debt	281 000	252 000	256 000	211 000
Total Equity and Debt	1 187 000	1 032 000	1 236 000	1 067 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,91 %	−25,64 %	12,55 %	20,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,38 %	−17,73 %	11,73 %	12,7 %
Current Ratio	4,22	3,85	4,31	4,08
Quick Ratio	4,22	3,85	4,31	4,08
Equity Ratio	0,76	0,76	0,79	0,8
Gross Profit Margin	89,71 %	88,9 %	95,35 %	90,73 %