HAGLAND & MARVIK AS

5574 SKJOLD

Finances

Share Ownership

Return on Equity

30,13 %

Current Ratio

2,32

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	2 634 000	2 410 000	1 779 000
Net Income	295 000	212 000	442 000
Total Assets	1 554 000	1 040 000	767 000
Total Equity	979 000	472 000	472 000

Income (NOK)	2022	2021	2020
Revenue	2 634 000	2 410 000	1 779 000
Expenditure	2 257 000	2 133 000	1 213 000
Operating Profit	377 000	277 000	566 000
Financial Income	5 000	0	0
Financial Costs	4 000	5 000	0
Financial Balance	1 000	−5 000	0
Earnings Before Tax	378 000	272 000	566 000
Tax	83 000	60 000	125 000
Net Income	295 000	212 000	442 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	229 000	382 000	126 000
Total Current Assets	1 325 000	659 000	641 000
Total Assets	1 554 000	1 040 000	767 000
Total Retained Equity	949 000	442 000	442 000
Total Equity	979 000	472 000	472 000
Total Long-Term Debt	9 000	9 000	1 000
Total Current Debt	571 000	347 000	294 000
Total Equity and Debt	1 558 000	828 000	767 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 625 000	2 410 000	1 779 000
Other Income	9 000	0	0
Revenue	2 634 000	2 410 000	1 779 000
Cost of Goods Sold	1 636 000	1 961 000	1 033 000
Salary Costs	266 000	0	0
Depreciation	60 000	36 000	25 000
Impairment	0	0	0
Expenditure	2 257 000	2 133 000	1 213 000
Operating Profit	377 000	277 000	566 000
Financial Income	5 000	0	0
Financial Costs	4 000	5 000	0
Financial Balance	1 000	−5 000	0
Dividends	0	0	0
Net Income	295 000	212 000	442 000

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	132 000	112 000	126 000
Fixtures	97 000	177 000	0
Total Tangible Assets	229 000	289 000	126 000
Total Fiancial Fixed Assets	0	92 000	0
Total Fixed Assets	229 000	382 000	126 000
Stock	94 000	121 000	88 000
Total Investments	0	0	0
Cash, Bank	570 000	254 000	366 000
Total Current Assets	1 325 000	659 000	641 000
Total Assets	1 554 000	1 040 000	767 000
Total Equity	979 000	472 000	472 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	9 000	9 000	1 000
Creditors	85 000	1 000	49 000
Unpaid Taxes	199 000	31 000	37 000
Dividends	0	0	0
Other Current Debt	203 000	263 000	85 000
Total Current Debt	571 000	347 000	294 000
Total Equity and Debt	1 558 000	828 000	767 000

Financial indicators	2022	2021	2020
Return on Equity	30,13 %	44,92 %	93,64 %
Debt-to-Equity Ratio	0,01	0,02	0
Operating Profit Margin	14,31 %	11,49 %	31,82 %
Current Ratio	2,32	1,9	2,18
Quick Ratio	2,78	2,92	3,11
Equity Ratio	0,63	0,45	0,62
Gross Profit Margin	37,89 %	18,63 %	41,93 %