HAGHTECH AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

−0,75 %

Current Ratio

276,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	238 000	72 000	54 000	70 000
Net Income	−28 000	−249 000	−278 000	−464 000
Total Assets	3 751 000	3 767 000	4 041 000	4 293 000
Total Equity	3 738 000	3 766 000	4 015 000	4 293 000

Income (NOK)	2022	2021	2020	2019
Revenue	238 000	72 000	54 000	70 000
Expenditure	289 000	326 000	347 000	560 000
Operating Profit	−51 000	−254 000	−293 000	−491 000
Financial Income	22 000	5 000	14 000	29 000
Financial Costs	0	0	0	2 000
Financial Balance	22 000	5 000	14 000	27 000
Earnings Before Tax	−28 000	−249 000	−278 000	−464 000
Tax	0	0	0	0
Net Income	−28 000	−249 000	−278 000	−464 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	154 000	222 000	291 000	360 000
Total Current Assets	3 597 000	3 545 000	3 750 000	3 934 000
Total Assets	3 751 000	3 767 000	4 041 000	4 293 000
Total Retained Equity	−1 412 000	−1 384 000	−1 135 000	−857 000
Total Equity	3 738 000	3 766 000	4 015 000	4 293 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 000	1 000	26 000	0
Total Equity and Debt	3 751 000	3 767 000	4 041 000	4 293 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	238 000	72 000	54 000	70 000
Other Income	0	0	0	0
Revenue	238 000	72 000	54 000	70 000
Cost of Goods Sold	3 000	37 000	36 000	47 000
Salary Costs	0	0	0	0
Depreciation	69 000	69 000	69 000	67 000
Impairment	0	0	0	0
Expenditure	289 000	326 000	347 000	560 000
Operating Profit	−51 000	−254 000	−293 000	−491 000
Financial Income	22 000	5 000	14 000	29 000
Financial Costs	0	0	0	2 000
Financial Balance	22 000	5 000	14 000	27 000
Dividends	0	0	0	0
Net Income	−28 000	−249 000	−278 000	−464 000

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	136 000	198 000	260 000	322 000
Fixtures	18 000	25 000	31 000	38 000
Total Tangible Assets	154 000	222 000	291 000	360 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	154 000	222 000	291 000	360 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 502 000	3 540 000	3 748 000	3 916 000
Total Current Assets	3 597 000	3 545 000	3 750 000	3 934 000
Total Assets	3 751 000	3 767 000	4 041 000	4 293 000
Total Equity	3 738 000	3 766 000	4 015 000	4 293 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	0	0
Unpaid Taxes	12 000	0	1 000	0
Dividends	0	0	0	0
Other Current Debt	0	1 000	25 000	0
Total Current Debt	13 000	1 000	26 000	0
Total Equity and Debt	3 751 000	3 767 000	4 041 000	4 293 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,75 %	−6,61 %	−6,92 %	−10,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−21,43 %	−352,78 %	−542,59 %	−701,43 %
Current Ratio	276,69	3 545	144,23	-
Quick Ratio	276,69	3 545	144,23	-
Equity Ratio	1	1	0,99	1
Gross Profit Margin	98,74 %	48,61 %	33,33 %	32,86 %