HAALOGALAND VVS AS

9409 HARSTAD

Finances

Share Ownership

Return on Equity

45,56 %

Current Ratio

0,93

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2020	2019	2018	2017
Revenue	33 457 000	17 667 000	11 418 000	4 165 000
Net Income	164 000	294 000	255 000	−953 000
Total Assets	6 414 000	4 929 000	4 043 000	1 306 000
Total Equity	360 000	196 000	−498 000	−753 000

Income (NOK)	2020	2019	2018	2017
Revenue	33 457 000	17 667 000	11 418 000	4 165 000
Expenditure	33 037 000	17 154 000	10 998 000	5 333 000
Operating Profit	420 000	513 000	421 000	−1 169 000
Financial Income	0	0	1 000	0
Financial Costs	207 000	136 000	78 000	69 000
Financial Balance	−207 000	−136 000	−77 000	−69 000
Earnings Before Tax	213 000	377 000	343 000	−1 238 000
Tax	48 000	83 000	88 000	−285 000
Net Income	164 000	294 000	255 000	−953 000

Balance (NOK)	2020	2019	2018	2017
Total Fixed Assets	928 000	983 000	999 000	864 000
Total Current Assets	5 485 000	3 946 000	3 045 000	442 000
Total Assets	6 414 000	4 929 000	4 043 000	1 306 000
Total Retained Equity	−240 000	−404 000	−698 000	−953 000
Total Equity	360 000	196 000	−498 000	−753 000
Total Long-Term Debt	143 000	229 000	315 000	401 000
Total Current Debt	5 910 000	4 504 000	4 226 000	1 658 000
Total Equity and Debt	6 414 000	4 929 000	4 043 000	1 306 000

Cash flow (NOK)	2020	2019	2018	2017
Sales Income	33 419 000	17 627 000	11 388 000	4 163 000
Other Income	38 000	40 000	29 000	2 000
Revenue	33 457 000	17 667 000	11 418 000	4 165 000
Cost of Goods Sold	17 433 000	6 726 000	5 249 000	1 878 000
Salary Costs	11 309 000	7 018 000	3 860 000	2 476 000
Depreciation	98 000	81 000	63 000	41 000
Impairment	0	0	0	0
Expenditure	33 037 000	17 154 000	10 998 000	5 333 000
Operating Profit	420 000	513 000	421 000	−1 169 000
Financial Income	0	0	1 000	0
Financial Costs	207 000	136 000	78 000	69 000
Financial Balance	−207 000	−136 000	−77 000	−69 000
Dividends	0	0	0	0
Net Income	164 000	294 000	255 000	−953 000

Balance details (NOK)	2020	2019	2018	2017
Goodwill	51 000	54 000	57 000	60 000
Total Intangible Assets	116 000	167 000	254 000	345 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	664 000	669 000	595 000	419 000
Total Tangible Assets	664 000	669 000	595 000	419 000
Total Fiancial Fixed Assets	149 000	147 000	150 000	100 000
Total Fixed Assets	928 000	983 000	999 000	864 000
Stock	406 000	435 000	277 000	149 000
Total Investments	0	0	0	0
Cash, Bank	126 000	127 000	66 000	−299 000
Total Current Assets	5 485 000	3 946 000	3 045 000	442 000
Total Assets	6 414 000	4 929 000	4 043 000	1 306 000
Total Equity	360 000	196 000	−498 000	−753 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	143 000	229 000	315 000	401 000
Creditors	1 241 000	1 269 000	1 685 000	897 000
Unpaid Taxes	1 425 000	973 000	608 000	360 000
Dividends	0	0	0	0
Other Current Debt	1 573 000	1 900 000	1 514 000	401 000
Total Current Debt	5 910 000	4 504 000	4 226 000	1 658 000
Total Equity and Debt	6 414 000	4 929 000	4 043 000	1 306 000

Financial indicators	2020	2019	2018	2017
Return on Equity	45,56 %	150 %	−51,2 %	126,56 %
Debt-to-Equity Ratio	0,4	1,17	−0,63	−0,53
Operating Profit Margin	1,26 %	2,9 %	3,69 %	−28,07 %
Current Ratio	0,93	0,88	0,72	0,27
Quick Ratio	1	0,97	0,77	0,29
Equity Ratio	0,06	0,04	−0,12	−0,58
Gross Profit Margin	47,89 %	61,93 %	54,03 %	54,91 %