HAK STEEL AS

9515 ALTA

Finances

Share Ownership

Return on Equity

−4,4 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	969 000	808 000	34 117 000
Net Income	−160 000	107 000	−2 405 000	−13 253 000
Total Assets	3 814 000	3 812 000	3 727 000	6 892 000
Total Equity	3 638 000	3 777 000	−18 143 000	−15 738 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	969 000	808 000	34 117 000
Expenditure	156 000	840 000	3 131 000	47 241 000
Operating Profit	−155 000	129 000	−2 323 000	−13 125 000
Financial Income	0	4 000	2 000	39 000
Financial Costs	4 000	26 000	84 000	167 000
Financial Balance	−4 000	−22 000	−82 000	−128 000
Earnings Before Tax	−160 000	107 000	−2 405 000	−13 253 000
Tax	0	0	0	0
Net Income	−160 000	107 000	−2 405 000	−13 253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 627 000	3 627 000	3 627 000	4 720 000
Total Current Assets	187 000	185 000	100 000	2 172 000
Total Assets	3 814 000	3 812 000	3 727 000	6 892 000
Total Retained Equity	−18 205 000	−18 066 000	−18 173 000	−15 768 000
Total Equity	3 638 000	3 777 000	−18 143 000	−15 738 000
Total Long-Term Debt	0	0	21 813 000	18 962 000
Total Current Debt	176 000	35 000	57 000	3 668 000
Total Equity and Debt	3 814 000	3 812 000	3 727 000	6 892 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	969 000	808 000	34 117 000
Other Income	0	0	0	0
Revenue	0	969 000	808 000	34 117 000
Cost of Goods Sold	0	888 000	1 150 000	15 858 000
Salary Costs	10 000	−125 000	345 000	21 581 000
Depreciation	0	0	1 115 000	1 044 000
Impairment	0	0	0	0
Expenditure	156 000	840 000	3 131 000	47 241 000
Operating Profit	−155 000	129 000	−2 323 000	−13 125 000
Financial Income	0	4 000	2 000	39 000
Financial Costs	4 000	26 000	84 000	167 000
Financial Balance	−4 000	−22 000	−82 000	−128 000
Dividends	0	0	0	0
Net Income	−160 000	107 000	−2 405 000	−13 253 000

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	3 627 000	3 627 000	3 627 000	4 720 000
Fixtures	0	0	0	0
Total Tangible Assets	3 627 000	3 627 000	3 627 000	4 720 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 627 000	3 627 000	3 627 000	4 720 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	157 000	26 000	894 000
Total Current Assets	187 000	185 000	100 000	2 172 000
Total Assets	3 814 000	3 812 000	3 727 000	6 892 000
Total Equity	3 638 000	3 777 000	−18 143 000	−15 738 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	21 813 000	18 962 000
Creditors	0	0	0	1 436 000
Unpaid Taxes	−5 000	0	0	761 000
Dividends	0	0	0	0
Other Current Debt	182 000	35 000	57 000	1 470 000
Total Current Debt	176 000	35 000	57 000	3 668 000
Total Equity and Debt	3 814 000	3 812 000	3 727 000	6 892 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,4 %	2,83 %	13,26 %	84,21 %
Debt-to-Equity Ratio	0	0	−1,2	−1,2
Operating Profit Margin	-	13,31 %	−287,5 %	−38,47 %
Current Ratio	1,06	5,29	1,75	0,59
Quick Ratio	1,06	5,29	1,75	0,59
Equity Ratio	0,95	0,99	−4,87	−2,28
Gross Profit Margin	-	8,36 %	−42,33 %	53,52 %