HAF POWER SOLUTIONS AS

7013 TRONDHEIM

Finances

Share Ownership

Return on Equity

52,44 %

Current Ratio

1,31

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 906 000	18 787 000	9 749 000	5 034 000
Net Income	2 823 000	801 000	−1 321 000	−926 000
Total Assets	23 024 000	15 192 000	6 483 000	5 942 000
Total Equity	5 383 000	2 560 000	1 759 000	3 079 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 906 000	18 787 000	9 749 000	5 034 000
Expenditure	42 215 000	17 724 000	11 294 000	6 200 000
Operating Profit	3 690 000	1 063 000	−1 545 000	−1 166 000
Financial Income	248 000	14 000	24 000	5 000
Financial Costs	311 000	50 000	170 000	29 000
Financial Balance	−63 000	−36 000	−146 000	−24 000
Earnings Before Tax	3 627 000	1 027 000	−1 692 000	−1 190 000
Tax	804 000	226 000	−371 000	0
Net Income	2 823 000	801 000	−1 321 000	−926 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	481 000	907 000	1 184 000	521 000
Total Current Assets	22 543 000	14 286 000	5 298 000	5 421 000
Total Assets	23 024 000	15 192 000	6 483 000	5 942 000
Total Retained Equity	1 383 000	−1 440 000	−2 241 000	−926 000
Total Equity	5 383 000	2 560 000	1 759 000	3 079 000
Total Long-Term Debt	395 000	0	0	0
Total Current Debt	17 246 000	12 632 000	4 724 000	2 863 000
Total Equity and Debt	23 024 000	15 192 000	6 483 000	5 942 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	45 906 000	18 787 000	9 749 000	5 034 000
Other Income	0	0	0	0
Revenue	45 906 000	18 787 000	9 749 000	5 034 000
Cost of Goods Sold	31 169 000	14 095 000	7 576 000	5 188 000
Salary Costs	8 015 000	2 131 000	2 296 000	478 000
Depreciation	155 000	142 000	83 000	16 000
Impairment	0	0	0	0
Expenditure	42 215 000	17 724 000	11 294 000	6 200 000
Operating Profit	3 690 000	1 063 000	−1 545 000	−1 166 000
Financial Income	248 000	14 000	24 000	5 000
Financial Costs	311 000	50 000	170 000	29 000
Financial Balance	−63 000	−36 000	−146 000	−24 000
Dividends	0	0	0	0
Net Income	2 823 000	801 000	−1 321 000	−926 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	367 000	880 000	1 135 000	500 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	114 000	27 000	50 000	21 000
Total Tangible Assets	114 000	27 000	50 000	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	481 000	907 000	1 184 000	521 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 172 000	3 191 000	1 283 000	2 526 000
Total Current Assets	22 543 000	14 286 000	5 298 000	5 421 000
Total Assets	23 024 000	15 192 000	6 483 000	5 942 000
Total Equity	5 383 000	2 560 000	1 759 000	3 079 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	395 000	0	0	0
Creditors	2 211 000	538 000	1 200 000	2 220 000
Unpaid Taxes	886 000	929 000	632 000	114 000
Dividends	0	0	0	0
Other Current Debt	14 149 000	11 166 000	2 892 000	529 000
Total Current Debt	17 246 000	12 632 000	4 724 000	2 863 000
Total Equity and Debt	23 024 000	15 192 000	6 483 000	5 942 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,44 %	31,29 %	−75,1 %	−30,07 %
Debt-to-Equity Ratio	0,07	0	0	0
Operating Profit Margin	8,04 %	5,66 %	−15,85 %	−23,16 %
Current Ratio	1,31	1,13	1,12	1,89
Quick Ratio	1,31	1,13	1,12	1,89
Equity Ratio	0,23	0,17	0,27	0,52
Gross Profit Margin	32,1 %	24,97 %	22,29 %	−3,06 %