HARALD AUSTAD AS

2056 ALGARHEIM

Finances

Share Ownership

Return on Equity

14,3 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 100 000	1 956 000	2 194 000	1 536 000
Net Income	112 000	201 000	304 000	135 000
Total Assets	1 351 000	983 000	917 000	509 000
Total Equity	783 000	670 000	469 000	165 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 100 000	1 956 000	2 194 000	1 536 000
Expenditure	1 952 000	1 698 000	1 803 000	1 363 000
Operating Profit	149 000	258 000	390 000	172 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	149 000	258 000	391 000	172 000
Tax	36 000	57 000	86 000	37 000
Net Income	112 000	201 000	304 000	135 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	281 000	26 000	33 000	0
Total Current Assets	1 070 000	957 000	884 000	509 000
Total Assets	1 351 000	983 000	917 000	509 000
Total Retained Equity	753 000	640 000	439 000	135 000
Total Equity	783 000	670 000	469 000	165 000
Total Long-Term Debt	1 000	2 000	2 000	0
Total Current Debt	567 000	311 000	446 000	344 000
Total Equity and Debt	1 351 000	983 000	917 000	509 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	912 000	818 000	1 273 000	647 000
Other Income	1 189 000	1 138 000	921 000	889 000
Revenue	2 100 000	1 956 000	2 194 000	1 536 000
Cost of Goods Sold	15 000	0	213 000	0
Salary Costs	732 000	666 000	748 000	636 000
Depreciation	8 000	7 000	3 000	0
Impairment	0	0	0	0
Expenditure	1 952 000	1 698 000	1 803 000	1 363 000
Operating Profit	149 000	258 000	390 000	172 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	112 000	201 000	304 000	135 000

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	36 000	14 000	18 000	0
Fixtures	9 000	12 000	15 000	0
Total Tangible Assets	45 000	26 000	33 000	0
Total Fiancial Fixed Assets	236 000	0	0	0
Total Fixed Assets	281 000	26 000	33 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	824 000	751 000	737 000	383 000
Total Current Assets	1 070 000	957 000	884 000	509 000
Total Assets	1 351 000	983 000	917 000	509 000
Total Equity	783 000	670 000	469 000	165 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	2 000	2 000	0
Creditors	416 000	77 000	82 000	137 000
Unpaid Taxes	52 000	116 000	89 000	71 000
Dividends	0	0	0	0
Other Current Debt	63 000	61 000	190 000	97 000
Total Current Debt	567 000	311 000	446 000	344 000
Total Equity and Debt	1 351 000	983 000	917 000	509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,3 %	30 %	64,82 %	81,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,1 %	13,19 %	17,78 %	11,2 %
Current Ratio	1,89	3,08	1,98	1,48
Quick Ratio	1,89	3,08	1,98	1,48
Equity Ratio	0,58	0,68	0,51	0,32
Gross Profit Margin	99,29 %	100 %	90,29 %	100 %