GUNNAR HAGEN AS

2007 KJELLER

Finances

Share Ownership

Return on Equity

29,4 %

Current Ratio

2,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 941 000	14 787 000	13 798 000	14 994 000
Net Income	2 265 000	1 203 000	1 293 000	1 668 000
Total Assets	13 947 000	11 530 000	13 154 000	11 885 000
Total Equity	7 703 000	7 438 000	7 435 000	8 542 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 941 000	14 787 000	13 798 000	14 994 000
Expenditure	15 037 000	13 273 000	12 160 000	12 913 000
Operating Profit	2 903 000	1 514 000	1 638 000	2 081 000
Financial Income	82 000	79 000	132 000	98 000
Financial Costs	79 000	42 000	111 000	39 000
Financial Balance	3 000	37 000	21 000	59 000
Earnings Before Tax	2 906 000	1 551 000	1 659 000	2 140 000
Tax	641 000	348 000	366 000	471 000
Net Income	2 265 000	1 203 000	1 293 000	1 668 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	228 000	240 000	294 000	333 000
Total Current Assets	13 719 000	11 291 000	12 860 000	11 552 000
Total Assets	13 947 000	11 530 000	13 154 000	11 885 000
Total Retained Equity	6 703 000	6 438 000	6 435 000	7 542 000
Total Equity	7 703 000	7 438 000	7 435 000	8 542 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 244 000	4 092 000	5 718 000	3 343 000
Total Equity and Debt	13 947 000	11 530 000	13 154 000	11 885 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 941 000	14 787 000	13 782 000	14 994 000
Other Income	0	0	16 000	0
Revenue	17 941 000	14 787 000	13 798 000	14 994 000
Cost of Goods Sold	7 620 000	6 443 000	5 754 000	6 821 000
Salary Costs	4 949 000	4 634 000	4 487 000	4 213 000
Depreciation	5 000	33 000	59 000	63 000
Impairment	0	0	0	0
Expenditure	15 037 000	13 273 000	12 160 000	12 913 000
Operating Profit	2 903 000	1 514 000	1 638 000	2 081 000
Financial Income	82 000	79 000	132 000	98 000
Financial Costs	79 000	42 000	111 000	39 000
Financial Balance	3 000	37 000	21 000	59 000
Dividends	2 000 000	1 200 000	2 400 000	0
Net Income	2 265 000	1 203 000	1 293 000	1 668 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	78 000	84 000	105 000	85 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	5 000	39 000	98 000
Total Tangible Assets	0	5 000	39 000	98 000
Total Fiancial Fixed Assets	150 000	150 000	150 000	150 000
Total Fixed Assets	228 000	240 000	294 000	333 000
Stock	4 921 000	4 884 000	4 388 000	3 969 000
Total Investments	0	0	0	0
Cash, Bank	7 102 000	4 913 000	7 090 000	5 904 000
Total Current Assets	13 719 000	11 291 000	12 860 000	11 552 000
Total Assets	13 947 000	11 530 000	13 154 000	11 885 000
Total Equity	7 703 000	7 438 000	7 435 000	8 542 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	757 000	422 000	841 000	476 000
Unpaid Taxes	997 000	858 000	786 000	903 000
Dividends	2 000 000	1 200 000	2 400 000	0
Other Current Debt	1 855 000	1 285 000	1 306 000	1 477 000
Total Current Debt	6 244 000	4 092 000	5 718 000	3 343 000
Total Equity and Debt	13 947 000	11 530 000	13 154 000	11 885 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,4 %	16,17 %	17,39 %	19,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,18 %	10,24 %	11,87 %	13,88 %
Current Ratio	2,2	2,76	2,25	3,46
Quick Ratio	10,37	−14,26	9,67	−18,45
Equity Ratio	0,55	0,65	0,57	0,72
Gross Profit Margin	57,53 %	56,43 %	58,3 %	54,51 %