HAGEGARTNER AS

3039 DRAMMEN

Finances

Share Ownership

Return on Equity

36,31 %

Current Ratio

3,61

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020
Revenue	3 601 000	3 263 000	2 610 000
Net Income	602 000	536 000	476 000
Total Assets	2 557 000	1 968 000	1 583 000
Total Equity	1 658 000	1 056 000	521 000

Income (NOK)	2022	2021	2020
Revenue	3 601 000	3 263 000	2 610 000
Expenditure	2 815 000	2 559 000	1 975 000
Operating Profit	786 000	704 000	635 000
Financial Income	5 000	1 000	0
Financial Costs	19 000	18 000	25 000
Financial Balance	−14 000	−17 000	−25 000
Earnings Before Tax	772 000	687 000	611 000
Tax	170 000	151 000	134 000
Net Income	602 000	536 000	476 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	388 000	432 000	566 000
Total Current Assets	2 169 000	1 536 000	1 017 000
Total Assets	2 557 000	1 968 000	1 583 000
Total Retained Equity	1 613 000	1 012 000	476 000
Total Equity	1 658 000	1 056 000	521 000
Total Long-Term Debt	298 000	398 000	491 000
Total Current Debt	601 000	514 000	571 000
Total Equity and Debt	2 557 000	1 968 000	1 583 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 591 000	3 172 000	2 487 000
Other Income	9 000	90 000	124 000
Revenue	3 601 000	3 263 000	2 610 000
Cost of Goods Sold	1 073 000	948 000	576 000
Salary Costs	1 302 000	1 242 000	1 028 000
Depreciation	144 000	134 000	104 000
Impairment	0	0	0
Expenditure	2 815 000	2 559 000	1 975 000
Operating Profit	786 000	704 000	635 000
Financial Income	5 000	1 000	0
Financial Costs	19 000	18 000	25 000
Financial Balance	−14 000	−17 000	−25 000
Dividends	0	0	0
Net Income	602 000	536 000	476 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	388 000	432 000	566 000
Total Tangible Assets	388 000	432 000	566 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	388 000	432 000	566 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 856 000	1 404 000	920 000
Total Current Assets	2 169 000	1 536 000	1 017 000
Total Assets	2 557 000	1 968 000	1 583 000
Total Equity	1 658 000	1 056 000	521 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	298 000	398 000	491 000
Creditors	39 000	30 000	145 000
Unpaid Taxes	247 000	217 000	201 000
Dividends	0	0	0
Other Current Debt	137 000	114 000	102 000
Total Current Debt	601 000	514 000	571 000
Total Equity and Debt	2 557 000	1 968 000	1 583 000

Financial indicators	2022	2021	2020
Return on Equity	36,31 %	50,76 %	91,36 %
Debt-to-Equity Ratio	0,18	0,38	0,94
Operating Profit Margin	21,83 %	21,58 %	24,33 %
Current Ratio	3,61	2,99	1,78
Quick Ratio	3,61	2,99	1,78
Equity Ratio	0,65	0,54	0,33
Gross Profit Margin	70,2 %	70,95 %	77,93 %