HAUGALAND HVITEVARER AS

5536 HAUGESUND

Finances

Share Ownership

Return on Equity

25,71 %

Current Ratio

0,46

Debt-to-Equity Ratio

−0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 777 000	8 811 000	9 429 000	7 605 000
Net Income	−949 000	−424 000	−304 000	−531 000
Total Assets	2 311 000	2 793 000	2 923 000	2 419 000
Total Equity	−3 691 000	−2 742 000	−2 318 000	−2 015 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 777 000	8 811 000	9 429 000	7 605 000
Expenditure	7 724 000	9 231 000	9 727 000	8 132 000
Operating Profit	−947 000	−421 000	−299 000	−527 000
Financial Income	1 000	0	0	0
Financial Costs	3 000	3 000	5 000	5 000
Financial Balance	−2 000	−3 000	−5 000	−5 000
Earnings Before Tax	−949 000	−424 000	−304 000	−531 000
Tax	0	0	0	0
Net Income	−949 000	−424 000	−304 000	−531 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	10 000	58 000
Total Current Assets	2 311 000	2 793 000	2 913 000	2 360 000
Total Assets	2 311 000	2 793 000	2 923 000	2 419 000
Total Retained Equity	−3 721 000	−2 772 000	−2 348 000	−2 045 000
Total Equity	−3 691 000	−2 742 000	−2 318 000	−2 015 000
Total Long-Term Debt	1 000 000	1 000 000	1 000 000	1 000 000
Total Current Debt	5 002 000	4 535 000	4 241 000	3 433 000
Total Equity and Debt	2 311 000	2 793 000	2 923 000	2 419 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 753 000	8 800 000	9 421 000	7 589 000
Other Income	24 000	10 000	8 000	15 000
Revenue	6 777 000	8 811 000	9 429 000	7 605 000
Cost of Goods Sold	5 081 000	6 352 000	6 806 000	5 317 000
Salary Costs	1 027 000	1 236 000	1 219 000	1 202 000
Depreciation	0	10 000	48 000	56 000
Impairment	0	0	0	0
Expenditure	7 724 000	9 231 000	9 727 000	8 132 000
Operating Profit	−947 000	−421 000	−299 000	−527 000
Financial Income	1 000	0	0	0
Financial Costs	3 000	3 000	5 000	5 000
Financial Balance	−2 000	−3 000	−5 000	−5 000
Dividends	0	0	0	0
Net Income	−949 000	−424 000	−304 000	−531 000

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	0	10 000	58 000
Total Tangible Assets	0	0	10 000	58 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	10 000	58 000
Stock	1 763 000	2 131 000	2 004 000	1 756 000
Total Investments	0	0	0	0
Cash, Bank	212 000	289 000	541 000	284 000
Total Current Assets	2 311 000	2 793 000	2 913 000	2 360 000
Total Assets	2 311 000	2 793 000	2 923 000	2 419 000
Total Equity	−3 691 000	−2 742 000	−2 318 000	−2 015 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000 000	1 000 000	1 000 000	1 000 000
Creditors	4 796 000	4 279 000	4 099 000	3 279 000
Unpaid Taxes	60 000	103 000	67 000	43 000
Dividends	0	0	0	0
Other Current Debt	145 000	153 000	75 000	111 000
Total Current Debt	5 002 000	4 535 000	4 241 000	3 433 000
Total Equity and Debt	2 311 000	2 793 000	2 923 000	2 419 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,71 %	15,46 %	13,11 %	26,35 %
Debt-to-Equity Ratio	−0,27	−0,36	−0,43	−0,5
Operating Profit Margin	−13,97 %	−4,78 %	−3,17 %	−6,93 %
Current Ratio	0,46	0,62	0,69	0,69
Quick Ratio	0,71	1,16	1,3	1,41
Equity Ratio	−1,6	−0,98	−0,79	−0,83
Gross Profit Margin	25,03 %	27,91 %	27,82 %	30,09 %