HARTLEB AS

8700 NESNA

Finances

Share Ownership

Return on Equity

38,85 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 930 000	3 938 000	3 844 000	1 431 000
Net Income	317 000	280 000	192 000	−3 000
Total Assets	2 392 000	1 637 000	1 258 000	484 000
Total Equity	816 000	499 000	219 000	27 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 930 000	3 938 000	3 844 000	1 431 000
Expenditure	5 488 000	3 554 000	3 590 000	1 435 000
Operating Profit	451 000	386 000	254 000	−3 000
Financial Income	1 000	0	0	0
Financial Costs	45 000	27 000	8 000	0
Financial Balance	−44 000	−27 000	−8 000	0
Earnings Before Tax	407 000	359 000	246 000	−3 000
Tax	89 000	79 000	54 000	−1 000
Net Income	317 000	280 000	192 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	773 000	570 000	310 000	60 000
Total Current Assets	1 619 000	1 067 000	948 000	424 000
Total Assets	2 392 000	1 637 000	1 258 000	484 000
Total Retained Equity	786 000	469 000	189 000	−3 000
Total Equity	816 000	499 000	219 000	27 000
Total Long-Term Debt	666 000	516 000	275 000	0
Total Current Debt	909 000	622 000	764 000	457 000
Total Equity and Debt	2 392 000	1 637 000	1 258 000	484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 922 000	3 931 000	3 844 000	1 406 000
Other Income	8 000	7 000	0	25 000
Revenue	5 930 000	3 938 000	3 844 000	1 431 000
Cost of Goods Sold	973 000	328 000	197 000	24 000
Salary Costs	3 708 000	2 650 000	2 799 000	1 149 000
Depreciation	213 000	117 000	25 000	2 000
Impairment	0	0	0	0
Expenditure	5 488 000	3 554 000	3 590 000	1 435 000
Operating Profit	451 000	386 000	254 000	−3 000
Financial Income	1 000	0	0	0
Financial Costs	45 000	27 000	8 000	0
Financial Balance	−44 000	−27 000	−8 000	0
Dividends	0	0	0	0
Net Income	317 000	280 000	192 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	648 000	503 000	254 000	0
Fixtures	122 000	57 000	39 000	59 000
Total Tangible Assets	769 000	560 000	293 000	59 000
Total Fiancial Fixed Assets	3 000	10 000	17 000	0
Total Fixed Assets	773 000	570 000	310 000	60 000
Stock	12 000	3 000	0	0
Total Investments	0	0	0	0
Cash, Bank	733 000	1 000 000	539 000	177 000
Total Current Assets	1 619 000	1 067 000	948 000	424 000
Total Assets	2 392 000	1 637 000	1 258 000	484 000
Total Equity	816 000	499 000	219 000	27 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	666 000	516 000	275 000	0
Creditors	30 000	25 000	78 000	137 000
Unpaid Taxes	375 000	266 000	450 000	185 000
Dividends	0	0	0	0
Other Current Debt	408 000	253 000	199 000	134 000
Total Current Debt	909 000	622 000	764 000	457 000
Total Equity and Debt	2 392 000	1 637 000	1 258 000	484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,85 %	56,11 %	87,67 %	−11,11 %
Debt-to-Equity Ratio	0,82	1,03	1,26	0
Operating Profit Margin	7,61 %	9,8 %	6,61 %	−0,21 %
Current Ratio	1,78	1,72	1,24	0,93
Quick Ratio	1,8	1,72	1,24	0,93
Equity Ratio	0,34	0,3	0,17	0,06
Gross Profit Margin	83,59 %	91,67 %	94,88 %	98,32 %