HAGAL AS

1177 OSLO

Finances

Return on Equity

−159,59 %

Current Ratio

0,3

Debt-to-Equity Ratio

2,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 957 000	4 692 000	375 000	244 000
Net Income	−24 882 000	−13 369 000	−2 530 000	−139 000
Total Assets	59 661 000	40 359 000	11 943 000	162 000
Total Equity	15 591 000	35 310 000	9 373 000	−115 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 957 000	4 692 000	375 000	244 000
Expenditure	25 595 000	18 015 000	2 899 000	382 000
Operating Profit	−23 638 000	−13 323 000	−2 524 000	−138 000
Financial Income	28 000	19 000	13 000	0
Financial Costs	1 273 000	66 000	19 000	1 000
Financial Balance	−1 245 000	−47 000	−6 000	−1 000
Earnings Before Tax	−24 882 000	−13 369 000	−2 530 000	−139 000
Tax	0	0	0	0
Net Income	−24 882 000	−13 369 000	−2 530 000	−139 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	56 703 000	28 747 000	6 450 000	150 000
Total Current Assets	2 958 000	11 612 000	5 493 000	12 000
Total Assets	59 661 000	40 359 000	11 943 000	162 000
Total Retained Equity	−40 557 000	−15 675 000	−2 670 000	−139 000
Total Equity	15 591 000	35 310 000	9 373 000	−115 000
Total Long-Term Debt	34 089 000	0	24 000	0
Total Current Debt	9 981 000	5 049 000	2 546 000	277 000
Total Equity and Debt	59 661 000	40 359 000	11 943 000	162 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 957 000	4 667 000	0	244 000
Other Income	0	25 000	375 000	0
Revenue	1 957 000	4 692 000	375 000	244 000
Cost of Goods Sold	424 000	59 000	0	0
Salary Costs	13 178 000	9 693 000	801 000	262 000
Depreciation	5 009 000	2 328 000	19 000	0
Impairment	0	0	0	0
Expenditure	25 595 000	18 015 000	2 899 000	382 000
Operating Profit	−23 638 000	−13 323 000	−2 524 000	−138 000
Financial Income	28 000	19 000	13 000	0
Financial Costs	1 273 000	66 000	19 000	1 000
Financial Balance	−1 245 000	−47 000	−6 000	−1 000
Dividends	0	0	0	0
Net Income	−24 882 000	−13 369 000	−2 530 000	−139 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 819 000	15 338 000	418 000	150 000
Real Eastate	44 000	59 000	0	0
Machinery and Plant Facilities	2 119 000	1 467 000	0	0
Fixtures	460 000	609 000	854 000	0
Total Tangible Assets	2 623 000	2 135 000	854 000	0
Total Fiancial Fixed Assets	18 261 000	11 273 000	5 177 000	0
Total Fixed Assets	56 703 000	28 747 000	6 450 000	150 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 049 000	10 688 000	5 085 000	11 000
Total Current Assets	2 958 000	11 612 000	5 493 000	12 000
Total Assets	59 661 000	40 359 000	11 943 000	162 000
Total Equity	15 591 000	35 310 000	9 373 000	−115 000
Short-Term Group Debt	0	0	124 000	0
Total Long-Term Debt	34 089 000	0	24 000	0
Creditors	3 913 000	2 273 000	1 963 000	60 000
Unpaid Taxes	2 218 000	1 663 000	249 000	0
Dividends	0	0	0	0
Other Current Debt	3 849 000	1 114 000	210 000	216 000
Total Current Debt	9 981 000	5 049 000	2 546 000	277 000
Total Equity and Debt	59 661 000	40 359 000	11 943 000	162 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−159,59 %	−37,86 %	−26,99 %	120,87 %
Debt-to-Equity Ratio	2,19	0	0	−0
Operating Profit Margin	−1 207,87 %	−283,95 %	−673,07 %	−56,56 %
Current Ratio	0,3	2,3	2,16	0,04
Quick Ratio	0,3	2,3	2,16	0,04
Equity Ratio	0,26	0,87	0,78	−0,71
Gross Profit Margin	78,33 %	98,74 %	100 %	100 %