HAGLAND SHIPPING AS

5525 HAUGESUND

Finances

Share Ownership

Return on Equity

16,03 %

Current Ratio

1,18

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 275 000	19 616 000	23 929 000	21 083 000
Net Income	445 000	517 000	503 000	565 000
Total Assets	8 347 000	5 559 000	6 282 000	5 016 000
Total Equity	2 776 000	2 331 000	1 815 000	1 311 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 275 000	19 616 000	23 929 000	21 083 000
Expenditure	30 100 000	19 327 000	23 812 000	20 597 000
Operating Profit	174 000	289 000	117 000	486 000
Financial Income	286 000	240 000	410 000	86 000
Financial Costs	15 000	12 000	23 000	6 000
Financial Balance	271 000	228 000	387 000	80 000
Earnings Before Tax	446 000	517 000	504 000	566 000
Tax	0	0	0	0
Net Income	445 000	517 000	503 000	565 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 826 000	1 552 000	1 314 000	2 211 000
Total Current Assets	6 520 000	4 007 000	4 968 000	2 805 000
Total Assets	8 347 000	5 559 000	6 282 000	5 016 000
Total Retained Equity	2 676 000	2 231 000	1 715 000	1 211 000
Total Equity	2 776 000	2 331 000	1 815 000	1 311 000
Total Long-Term Debt	57 000	71 000	89 000	111 000
Total Current Debt	5 514 000	3 156 000	4 378 000	3 594 000
Total Equity and Debt	8 347 000	5 559 000	6 282 000	5 016 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 275 000	19 616 000	23 929 000	21 083 000
Other Income	0	0	0	0
Revenue	30 275 000	19 616 000	23 929 000	21 083 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 933 000	10 728 000	15 086 000	12 044 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	30 100 000	19 327 000	23 812 000	20 597 000
Operating Profit	174 000	289 000	117 000	486 000
Financial Income	286 000	240 000	410 000	86 000
Financial Costs	15 000	12 000	23 000	6 000
Financial Balance	271 000	228 000	387 000	80 000
Dividends	0	0	0	0
Net Income	445 000	517 000	503 000	565 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	311 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 515 000	1 552 000	1 314 000	2 211 000
Total Fixed Assets	1 826 000	1 552 000	1 314 000	2 211 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	618 000	567 000	921 000	837 000
Total Current Assets	6 520 000	4 007 000	4 968 000	2 805 000
Total Assets	8 347 000	5 559 000	6 282 000	5 016 000
Total Equity	2 776 000	2 331 000	1 815 000	1 311 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	57 000	71 000	89 000	111 000
Creditors	2 540 000	1 009 000	1 111 000	971 000
Unpaid Taxes	1 582 000	1 178 000	1 748 000	1 305 000
Dividends	0	0	0	0
Other Current Debt	1 377 000	951 000	1 496 000	1 289 000
Total Current Debt	5 514 000	3 156 000	4 378 000	3 594 000
Total Equity and Debt	8 347 000	5 559 000	6 282 000	5 016 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,03 %	22,18 %	27,71 %	43,1 %
Debt-to-Equity Ratio	0,02	0,03	0,05	0,08
Operating Profit Margin	0,57 %	1,47 %	0,49 %	2,31 %
Current Ratio	1,18	1,27	1,13	0,78
Quick Ratio	1,18	1,27	1,13	0,78
Equity Ratio	0,33	0,42	0,29	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %