G. HAGEN AS

9600 HAMMERFEST

Finances

Return on Equity

10,85 %

Current Ratio

3,61

Debt-to-Equity Ratio

4,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 639 000	70 966 000	67 410 000	63 072 000
Net Income	3 975 000	4 683 000	3 464 000	−390 000
Total Assets	206 695 000	217 686 000	213 051 000	211 168 000
Total Equity	36 624 000	33 819 000	29 390 000	26 236 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 639 000	70 966 000	67 410 000	63 072 000
Expenditure	59 590 000	60 760 000	58 105 000	57 167 000
Operating Profit	10 049 000	10 206 000	9 304 000	5 906 000
Financial Income	2 051 000	661 000	1 163 000	1 913 000
Financial Costs	6 492 000	5 179 000	5 907 000	8 262 000
Financial Balance	−4 441 000	−4 518 000	−4 744 000	−6 349 000
Earnings Before Tax	5 608 000	5 688 000	4 560 000	−443 000
Tax	1 633 000	1 005 000	1 097 000	−53 000
Net Income	3 975 000	4 683 000	3 464 000	−390 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	170 529 000	177 836 000	186 309 000	184 986 000
Total Current Assets	36 166 000	39 850 000	26 742 000	26 182 000
Total Assets	206 695 000	217 686 000	213 051 000	211 168 000
Total Retained Equity	1 419 000	−1 386 000	−2 703 000	−5 857 000
Total Equity	36 624 000	33 819 000	29 390 000	26 236 000
Total Long-Term Debt	160 064 000	169 388 000	170 105 000	177 913 000
Total Current Debt	10 006 000	14 479 000	13 556 000	7 019 000
Total Equity and Debt	206 695 000	217 686 000	213 051 000	211 168 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 416 000	44 759 000	43 405 000	63 072 000
Other Income	28 223 000	26 206 000	24 004 000	0
Revenue	69 639 000	70 966 000	67 410 000	63 072 000
Cost of Goods Sold	22 019 000	23 860 000	22 718 000	20 401 000
Salary Costs	13 100 000	11 554 000	12 218 000	12 529 000
Depreciation	9 651 000	9 593 000	9 348 000	8 735 000
Impairment	0	0	0	0
Expenditure	59 590 000	60 760 000	58 105 000	57 167 000
Operating Profit	10 049 000	10 206 000	9 304 000	5 906 000
Financial Income	2 051 000	661 000	1 163 000	1 913 000
Financial Costs	6 492 000	5 179 000	5 907 000	8 262 000
Financial Balance	−4 441 000	−4 518 000	−4 744 000	−6 349 000
Dividends	0	0	0	0
Net Income	3 975 000	4 683 000	3 464 000	−390 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	166 144 000	173 371 000	181 341 000	180 418 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 946 000	3 995 000	4 402 000	3 977 000
Total Tangible Assets	170 090 000	177 366 000	185 742 000	184 395 000
Total Fiancial Fixed Assets	438 000	470 000	567 000	591 000
Total Fixed Assets	170 529 000	177 836 000	186 309 000	184 986 000
Stock	13 339 000	12 299 000	9 818 000	9 268 000
Total Investments	0	0	0	0
Cash, Bank	544 000	553 000	601 000	612 000
Total Current Assets	36 166 000	39 850 000	26 742 000	26 182 000
Total Assets	206 695 000	217 686 000	213 051 000	211 168 000
Total Equity	36 624 000	33 819 000	29 390 000	26 236 000
Short-Term Group Debt	1 503 000	3 826 000	4 501 000	0
Total Long-Term Debt	160 064 000	169 388 000	170 105 000	177 913 000
Creditors	2 970 000	3 853 000	2 897 000	2 606 000
Unpaid Taxes	1 830 000	1 968 000	3 172 000	1 774 000
Dividends	0	0	0	0
Other Current Debt	2 270 000	2 723 000	2 986 000	2 639 000
Total Current Debt	10 006 000	14 479 000	13 556 000	7 019 000
Total Equity and Debt	206 695 000	217 686 000	213 051 000	211 168 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,85 %	13,85 %	11,79 %	−1,49 %
Debt-to-Equity Ratio	4,37	5,01	5,79	6,78
Operating Profit Margin	14,43 %	14,38 %	13,8 %	9,36 %
Current Ratio	3,61	2,75	1,97	3,73
Quick Ratio	−10,85	18,28	7,15	−11,64
Equity Ratio	0,18	0,16	0,14	0,12
Gross Profit Margin	68,38 %	66,38 %	66,3 %	67,65 %