HARSTAD TRADING AS

9404 HARSTAD

Finances

Share Ownership

Return on Equity

64,03 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 543 000	31 986 000	35 311 000	30 047 000
Net Income	7 663 000	5 528 000	6 065 000	3 717 000
Total Assets	24 318 000	20 820 000	33 823 000	31 271 000
Total Equity	11 968 000	10 129 000	23 815 000	21 899 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 543 000	31 986 000	35 311 000	30 047 000
Expenditure	28 719 000	24 860 000	27 380 000	25 223 000
Operating Profit	9 824 000	7 127 000	7 932 000	4 825 000
Financial Income	90 000	71 000	81 000	110 000
Financial Costs	110 000	34 000	123 000	33 000
Financial Balance	−20 000	37 000	−42 000	77 000
Earnings Before Tax	9 805 000	7 163 000	7 890 000	4 902 000
Tax	2 142 000	1 635 000	1 825 000	1 185 000
Net Income	7 663 000	5 528 000	6 065 000	3 717 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 000	84 000	583 000	1 227 000
Total Current Assets	24 283 000	20 736 000	33 240 000	30 044 000
Total Assets	24 318 000	20 820 000	33 823 000	31 271 000
Total Retained Equity	10 118 000	8 280 000	21 965 000	20 050 000
Total Equity	11 968 000	10 129 000	23 815 000	21 899 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 350 000	10 691 000	10 009 000	9 372 000
Total Equity and Debt	24 318 000	20 820 000	33 823 000	31 271 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 543 000	31 986 000	35 242 000	30 047 000
Other Income	0	0	69 000	0
Revenue	38 543 000	31 986 000	35 311 000	30 047 000
Cost of Goods Sold	19 855 000	15 792 000	18 745 000	16 239 000
Salary Costs	6 126 000	5 612 000	5 501 000	5 814 000
Depreciation	39 000	491 000	698 000	698 000
Impairment	0	0	0	0
Expenditure	28 719 000	24 860 000	27 380 000	25 223 000
Operating Profit	9 824 000	7 127 000	7 932 000	4 825 000
Financial Income	90 000	71 000	81 000	110 000
Financial Costs	110 000	34 000	123 000	33 000
Financial Balance	−20 000	37 000	−42 000	77 000
Dividends	5 200 000	18 762 000	4 150 000	4 150 000
Net Income	7 663 000	5 528 000	6 065 000	3 717 000

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	0	39 000	530 000	1 227 000
Total Tangible Assets	0	39 000	530 000	1 227 000
Total Fiancial Fixed Assets	35 000	45 000	54 000	0
Total Fixed Assets	35 000	84 000	583 000	1 227 000
Stock	14 155 000	13 231 000	12 259 000	11 367 000
Total Investments	0	0	0	0
Cash, Bank	6 890 000	4 224 000	17 336 000	15 541 000
Total Current Assets	24 283 000	20 736 000	33 240 000	30 044 000
Total Assets	24 318 000	20 820 000	33 823 000	31 271 000
Total Equity	11 968 000	10 129 000	23 815 000	21 899 000
Short-Term Group Debt	800 000	579 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 733 000	2 476 000	2 358 000	2 793 000
Unpaid Taxes	1 081 000	479 000	1 105 000	529 000
Dividends	5 200 000	18 762 000	4 150 000	4 150 000
Other Current Debt	570 000	648 000	570 000	715 000
Total Current Debt	12 350 000	10 691 000	10 009 000	9 372 000
Total Equity and Debt	24 318 000	20 820 000	33 823 000	31 271 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,03 %	54,58 %	25,47 %	16,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,49 %	22,28 %	22,46 %	16,06 %
Current Ratio	1,97	1,94	3,32	3,21
Quick Ratio	−13,45	−8,16	−14,77	−15,06
Equity Ratio	0,49	0,49	0,7	0,7
Gross Profit Margin	48,49 %	50,63 %	46,91 %	45,95 %