HAARSTAD PRECISION PRODUCTS AS

3850 KVITESEID

Finances

Share Ownership

Return on Equity

−100 %

Current Ratio

1,03

Debt-to-Equity Ratio

−1,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 882 000	2 086 000	2 068 000	1 167 000
Net Income	60 000	−192 000	−80 000	−69 000
Total Assets	1 278 000	1 166 000	1 072 000	886 000
Total Equity	−60 000	−120 000	−138 000	−58 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 882 000	2 086 000	2 068 000	1 167 000
Expenditure	2 752 000	2 254 000	2 115 000	1 190 000
Operating Profit	130 000	−169 000	−48 000	−24 000
Financial Income	4 000	6 000	6 000	4 000
Financial Costs	74 000	29 000	37 000	25 000
Financial Balance	−70 000	−23 000	−31 000	−21 000
Earnings Before Tax	60 000	−192 000	−80 000	−45 000
Tax	0	0	0	24 000
Net Income	60 000	−192 000	−80 000	−69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	30 000	46 000	61 000
Total Current Assets	1 263 000	1 136 000	1 027 000	825 000
Total Assets	1 278 000	1 166 000	1 072 000	886 000
Total Retained Equity	−295 000	−355 000	−162 000	−83 000
Total Equity	−60 000	−120 000	−138 000	−58 000
Total Long-Term Debt	112 000	230 000	336 000	236 000
Total Current Debt	1 227 000	1 057 000	874 000	708 000
Total Equity and Debt	1 278 000	1 166 000	1 072 000	886 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 882 000	2 086 000	2 068 000	1 205 000
Other Income	0	0	0	−38 000
Revenue	2 882 000	2 086 000	2 068 000	1 167 000
Cost of Goods Sold	2 621 000	2 013 000	1 861 000	1 102 000
Salary Costs	0	0	0	0
Depreciation	15 000	15 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	2 752 000	2 254 000	2 115 000	1 190 000
Operating Profit	130 000	−169 000	−48 000	−24 000
Financial Income	4 000	6 000	6 000	4 000
Financial Costs	74 000	29 000	37 000	25 000
Financial Balance	−70 000	−23 000	−31 000	−21 000
Dividends	0	0	0	0
Net Income	60 000	−192 000	−80 000	−69 000

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	15 000	30 000	46 000	61 000
Total Tangible Assets	15 000	30 000	46 000	61 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	30 000	46 000	61 000
Stock	1 038 000	937 000	696 000	528 000
Total Investments	0	0	0	0
Cash, Bank	51 000	119 000	147 000	149 000
Total Current Assets	1 263 000	1 136 000	1 027 000	825 000
Total Assets	1 278 000	1 166 000	1 072 000	886 000
Total Equity	−60 000	−120 000	−138 000	−58 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	112 000	230 000	336 000	236 000
Creditors	200 000	72 000	150 000	167 000
Unpaid Taxes	38 000	57 000	143 000	77 000
Dividends	0	0	0	0
Other Current Debt	989 000	928 000	581 000	464 000
Total Current Debt	1 227 000	1 057 000	874 000	708 000
Total Equity and Debt	1 278 000	1 166 000	1 072 000	886 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−100 %	160 %	57,97 %	118,97 %
Debt-to-Equity Ratio	−1,87	−1,92	−2,43	−4,07
Operating Profit Margin	4,51 %	−8,1 %	−2,32 %	−2,06 %
Current Ratio	1,03	1,07	1,18	1,17
Quick Ratio	6,68	9,47	5,77	4,58
Equity Ratio	−0,05	−0,1	−0,13	−0,07
Gross Profit Margin	9,06 %	3,5 %	10,01 %	5,57 %