HARBAK AS

7177 REVSNES

Finances

Share Ownership

Return on Equity

54,55 %

Current Ratio

55,67

Debt-to-Equity Ratio

120,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	386 000	310 000	101 000	72 000
Net Income	6 000	−28 000	−85 000	−51 000
Total Assets	1 339 000	1 626 000	1 301 000	1 388 000
Total Equity	11 000	4 000	−238 000	−153 000

Income (NOK)	2022	2021	2020	2019
Revenue	386 000	310 000	101 000	72 000
Expenditure	363 000	331 000	177 000	116 000
Operating Profit	23 000	−22 000	−76 000	−44 000
Financial Income	0	0	0	0
Financial Costs	17 000	6 000	9 000	8 000
Financial Balance	−17 000	−6 000	−9 000	−8 000
Earnings Before Tax	6 000	−28 000	−85 000	−51 000
Tax	0	0	0	0
Net Income	6 000	−28 000	−85 000	−51 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 172 000	1 162 000	1 218 000	1 269 000
Total Current Assets	167 000	465 000	83 000	119 000
Total Assets	1 339 000	1 626 000	1 301 000	1 388 000
Total Retained Equity	−284 000	−290 000	−262 000	−177 000
Total Equity	11 000	4 000	−238 000	−153 000
Total Long-Term Debt	1 325 000	1 525 000	1 525 000	1 525 000
Total Current Debt	3 000	97 000	13 000	16 000
Total Equity and Debt	1 339 000	1 626 000	1 301 000	1 388 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	216 000	240 000	53 000	72 000
Other Income	170 000	70 000	48 000	0
Revenue	386 000	310 000	101 000	72 000
Cost of Goods Sold	139 000	3 000	7 000	30 000
Salary Costs	0	211 000	68 000	0
Depreciation	66 000	56 000	51 000	53 000
Impairment	0	0	0	0
Expenditure	363 000	331 000	177 000	116 000
Operating Profit	23 000	−22 000	−76 000	−44 000
Financial Income	0	0	0	0
Financial Costs	17 000	6 000	9 000	8 000
Financial Balance	−17 000	−6 000	−9 000	−8 000
Dividends	0	0	0	0
Net Income	6 000	−28 000	−85 000	−51 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 105 000	1 159 000	1 218 000	1 269 000
Machinery and Plant Facilities	67 000	0	0	0
Fixtures	0	3 000	0	0
Total Tangible Assets	1 172 000	1 162 000	1 218 000	1 269 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 172 000	1 162 000	1 218 000	1 269 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	136 000	305 000	83 000	119 000
Total Current Assets	167 000	465 000	83 000	119 000
Total Assets	1 339 000	1 626 000	1 301 000	1 388 000
Total Equity	11 000	4 000	−238 000	−153 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 325 000	1 525 000	1 525 000	1 525 000
Creditors	0	54 000	0	14 000
Unpaid Taxes	3 000	9 000	4 000	2 000
Dividends	0	0	0	0
Other Current Debt	0	34 000	9 000	0
Total Current Debt	3 000	97 000	13 000	16 000
Total Equity and Debt	1 339 000	1 626 000	1 301 000	1 388 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,55 %	−700 %	35,71 %	33,33 %
Debt-to-Equity Ratio	120,45	381,25	−6,41	−9,97
Operating Profit Margin	5,96 %	−7,1 %	−75,25 %	−61,11 %
Current Ratio	55,67	4,79	6,38	7,44
Quick Ratio	55,67	4,79	6,38	7,44
Equity Ratio	0,01	0	−0,18	−0,11
Gross Profit Margin	63,99 %	99,03 %	93,07 %	58,33 %