HARNEX AS

4517 MANDAL

Finances

Share Ownership

Return on Equity

34,27 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 129 000	2 103 000	1 610 000	2 566 000
Net Income	207 000	261 000	12 000	−3 000
Total Assets	1 443 000	1 220 000	1 082 000	1 294 000
Total Equity	604 000	397 000	136 000	124 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 129 000	2 103 000	1 610 000	2 566 000
Expenditure	1 832 000	1 732 000	1 559 000	2 531 000
Operating Profit	297 000	370 000	51 000	35 000
Financial Income	0	0	0	1 000
Financial Costs	19 000	28 000	36 000	40 000
Financial Balance	−19 000	−28 000	−36 000	−39 000
Earnings Before Tax	278 000	342 000	16 000	−4 000
Tax	71 000	81 000	3 000	−1 000
Net Income	207 000	261 000	12 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	690 000	691 000	800 000	920 000
Total Current Assets	752 000	529 000	282 000	373 000
Total Assets	1 443 000	1 220 000	1 082 000	1 294 000
Total Retained Equity	586 000	379 000	119 000	106 000
Total Equity	604 000	397 000	136 000	124 000
Total Long-Term Debt	203 000	445 000	548 000	654 000
Total Current Debt	636 000	378 000	397 000	515 000
Total Equity and Debt	1 443 000	1 220 000	1 082 000	1 294 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 129 000	2 103 000	1 610 000	2 566 000
Other Income	0	0	0	0
Revenue	2 129 000	2 103 000	1 610 000	2 566 000
Cost of Goods Sold	237 000	54 000	200 000	77 000
Salary Costs	1 073 000	1 180 000	840 000	1 908 000
Depreciation	135 000	129 000	120 000	137 000
Impairment	0	0	0	0
Expenditure	1 832 000	1 732 000	1 559 000	2 531 000
Operating Profit	297 000	370 000	51 000	35 000
Financial Income	0	0	0	1 000
Financial Costs	19 000	28 000	36 000	40 000
Financial Balance	−19 000	−28 000	−36 000	−39 000
Dividends	0	0	0	0
Net Income	207 000	261 000	12 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	501 000	516 000	532 000	610 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	190 000	175 000	268 000	310 000
Total Tangible Assets	690 000	691 000	800 000	920 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	690 000	691 000	800 000	920 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	610 000	512 000	257 000	256 000
Total Current Assets	752 000	529 000	282 000	373 000
Total Assets	1 443 000	1 220 000	1 082 000	1 294 000
Total Equity	604 000	397 000	136 000	124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	203 000	445 000	548 000	654 000
Creditors	45 000	48 000	27 000	19 000
Unpaid Taxes	178 000	121 000	131 000	186 000
Dividends	0	0	0	0
Other Current Debt	341 000	122 000	228 000	304 000
Total Current Debt	636 000	378 000	397 000	515 000
Total Equity and Debt	1 443 000	1 220 000	1 082 000	1 294 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,27 %	65,74 %	8,82 %	−2,42 %
Debt-to-Equity Ratio	0,34	1,12	4,03	5,27
Operating Profit Margin	13,95 %	17,59 %	3,17 %	1,36 %
Current Ratio	1,18	1,4	0,71	0,72
Quick Ratio	1,18	1,4	0,71	0,72
Equity Ratio	0,42	0,33	0,13	0,1
Gross Profit Margin	88,87 %	97,43 %	87,58 %	97 %