HAGENS MEKANISKE AS

2450 RENA

Finances

Share Ownership

Return on Equity

−13,36 %

Current Ratio

3,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 307 000	2 190 000	2 226 000	2 694 000
Net Income	−300 000	85 000	814 000	503 000
Total Assets	2 939 000	3 007 000	2 869 000	4 656 000
Total Equity	2 246 000	2 546 000	2 462 000	1 697 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 307 000	2 190 000	2 226 000	2 694 000
Expenditure	2 680 000	2 084 000	1 879 000	2 050 000
Operating Profit	−373 000	106 000	347 000	643 000
Financial Income	4 000	2 000	1 000	8 000
Financial Costs	0	0	1 000	12 000
Financial Balance	4 000	2 000	0	−4 000
Earnings Before Tax	−369 000	109 000	347 000	640 000
Tax	−70 000	24 000	−467 000	136 000
Net Income	−300 000	85 000	814 000	503 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	831 000	1 363 000	1 809 000	1 339 000
Total Current Assets	2 108 000	1 644 000	1 060 000	3 317 000
Total Assets	2 939 000	3 007 000	2 869 000	4 656 000
Total Retained Equity	1 580 000	1 879 000	1 795 000	1 031 000
Total Equity	2 246 000	2 546 000	2 462 000	1 697 000
Total Long-Term Debt	0	70 000	106 000	595 000
Total Current Debt	693 000	391 000	301 000	2 364 000
Total Equity and Debt	2 939 000	3 007 000	2 869 000	4 656 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 898 000	2 190 000	1 939 000	2 455 000
Other Income	408 000	0	287 000	239 000
Revenue	2 307 000	2 190 000	2 226 000	2 694 000
Cost of Goods Sold	397 000	563 000	232 000	522 000
Salary Costs	1 159 000	419 000	416 000	623 000
Depreciation	418 000	446 000	403 000	220 000
Impairment	0	0	0	0
Expenditure	2 680 000	2 084 000	1 879 000	2 050 000
Operating Profit	−373 000	106 000	347 000	643 000
Financial Income	4 000	2 000	1 000	8 000
Financial Costs	0	0	1 000	12 000
Financial Balance	4 000	2 000	0	−4 000
Dividends	0	0	50 000	2 000 000
Net Income	−300 000	85 000	814 000	503 000

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	0	0	0	0
Fixtures	831 000	1 363 000	1 809 000	1 209 000
Total Tangible Assets	831 000	1 363 000	1 809 000	1 209 000
Total Fiancial Fixed Assets	0	0	0	130 000
Total Fixed Assets	831 000	1 363 000	1 809 000	1 339 000
Stock	185 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 849 000	1 166 000	166 000	2 727 000
Total Current Assets	2 108 000	1 644 000	1 060 000	3 317 000
Total Assets	2 939 000	3 007 000	2 869 000	4 656 000
Total Equity	2 246 000	2 546 000	2 462 000	1 697 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	70 000	106 000	595 000
Creditors	166 000	80 000	57 000	77 000
Unpaid Taxes	410 000	210 000	153 000	139 000
Dividends	0	0	50 000	2 000 000
Other Current Debt	117 000	41 000	70 000	63 000
Total Current Debt	693 000	391 000	301 000	2 364 000
Total Equity and Debt	2 939 000	3 007 000	2 869 000	4 656 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,36 %	3,34 %	33,06 %	29,64 %
Debt-to-Equity Ratio	0	0,03	0,04	0,35
Operating Profit Margin	−16,17 %	4,84 %	15,59 %	23,87 %
Current Ratio	3,04	4,2	3,52	1,4
Quick Ratio	4,15	4,2	3,52	1,4
Equity Ratio	0,76	0,85	0,86	0,36
Gross Profit Margin	82,79 %	74,29 %	89,58 %	80,62 %