OLAV O. HÆREID AS

6885 ÅRDALSTANGEN

Finances

Return on Equity

0,4 %

Current Ratio

1,85

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 460 000	34 988 000	39 442 000	38 914 000
Net Income	132 000	3 271 000	5 933 000	5 937 000
Total Assets	43 806 000	41 970 000	40 439 000	34 940 000
Total Equity	32 789 000	33 627 000	30 356 000	26 422 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 460 000	34 988 000	39 442 000	38 914 000
Expenditure	32 248 000	30 795 000	31 855 000	31 326 000
Operating Profit	211 000	4 192 000	7 588 000	7 588 000
Financial Income	22 000	40 000	64 000	109 000
Financial Costs	59 000	32 000	32 000	72 000
Financial Balance	−37 000	8 000	32 000	37 000
Earnings Before Tax	175 000	4 201 000	7 620 000	7 625 000
Tax	43 000	929 000	1 686 000	1 688 000
Net Income	132 000	3 271 000	5 933 000	5 937 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 477 000	20 084 000	16 137 000	14 340 000
Total Current Assets	18 329 000	21 886 000	24 302 000	20 600 000
Total Assets	43 806 000	41 970 000	40 439 000	34 940 000
Total Retained Equity	32 759 000	32 627 000	29 356 000	25 422 000
Total Equity	32 789 000	33 627 000	30 356 000	26 422 000
Total Long-Term Debt	1 101 000	1 055 000	254 000	1 545 000
Total Current Debt	9 916 000	7 288 000	9 829 000	6 972 000
Total Equity and Debt	43 806 000	41 970 000	40 439 000	34 940 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 401 000	33 932 000	38 317 000	37 568 000
Other Income	2 059 000	1 056 000	1 125 000	1 346 000
Revenue	32 460 000	34 988 000	39 442 000	38 914 000
Cost of Goods Sold	4 897 000	5 554 000	8 122 000	5 634 000
Salary Costs	11 284 000	11 722 000	10 998 000	12 140 000
Depreciation	5 466 000	5 159 000	5 684 000	5 741 000
Impairment	0	0	0	0
Expenditure	32 248 000	30 795 000	31 855 000	31 326 000
Operating Profit	211 000	4 192 000	7 588 000	7 588 000
Financial Income	22 000	40 000	64 000	109 000
Financial Costs	59 000	32 000	32 000	72 000
Financial Balance	−37 000	8 000	32 000	37 000
Dividends	0	0	2 000 000	0
Net Income	132 000	3 271 000	5 933 000	5 937 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	621 000	661 000	649 000	646 000
Real Eastate	14 555 000	7 259 000	2 449 000	236 000
Machinery and Plant Facilities	9 961 000	11 824 000	12 703 000	13 123 000
Fixtures	0	0	0	0
Total Tangible Assets	24 515 000	19 083 000	15 152 000	13 358 000
Total Fiancial Fixed Assets	340 000	340 000	335 000	335 000
Total Fixed Assets	25 477 000	20 084 000	16 137 000	14 340 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 188 000	7 363 000	15 349 000	14 321 000
Total Current Assets	18 329 000	21 886 000	24 302 000	20 600 000
Total Assets	43 806 000	41 970 000	40 439 000	34 940 000
Total Equity	32 789 000	33 627 000	30 356 000	26 422 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 101 000	1 055 000	254 000	1 545 000
Creditors	4 039 000	2 235 000	2 775 000	1 519 000
Unpaid Taxes	1 522 000	2 737 000	2 158 000	2 197 000
Dividends	0	0	2 000 000	0
Other Current Debt	2 342 000	1 375 000	1 206 000	1 420 000
Total Current Debt	9 916 000	7 288 000	9 829 000	6 972 000
Total Equity and Debt	43 806 000	41 970 000	40 439 000	34 940 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,4 %	9,73 %	19,54 %	22,47 %
Debt-to-Equity Ratio	0,03	0,03	0,01	0,06
Operating Profit Margin	0,65 %	11,98 %	19,24 %	19,5 %
Current Ratio	1,85	3	2,47	2,95
Quick Ratio	1,85	3	2,47	2,95
Equity Ratio	0,75	0,8	0,75	0,76
Gross Profit Margin	84,91 %	84,13 %	79,41 %	85,52 %