HAUGEN MOTOR AS

6763 HORNINDAL

Finances

Share Ownership

Return on Equity

−48,28 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 645 000	3 640 000	3 653 000	3 380 000
Net Income	−561 000	9 000	−8 000	26 000
Total Assets	1 721 000	2 459 000	2 338 000	2 112 000
Total Equity	1 162 000	1 723 000	1 714 000	1 721 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 645 000	3 640 000	3 653 000	3 380 000
Expenditure	4 226 000	3 626 000	3 651 000	3 338 000
Operating Profit	−581 000	13 000	2 000	40 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	12 000	7 000
Financial Balance	0	−1 000	−12 000	−7 000
Earnings Before Tax	−581 000	12 000	−10 000	33 000
Tax	−20 000	3 000	−2 000	7 000
Net Income	−561 000	9 000	−8 000	26 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 034 000	1 135 000	1 298 000	1 039 000
Total Current Assets	687 000	1 324 000	1 041 000	1 073 000
Total Assets	1 721 000	2 459 000	2 338 000	2 112 000
Total Retained Equity	467 000	1 028 000	1 018 000	1 026 000
Total Equity	1 162 000	1 723 000	1 714 000	1 721 000
Total Long-Term Debt	6 000	29 000	26 000	19 000
Total Current Debt	554 000	707 000	598 000	371 000
Total Equity and Debt	1 721 000	2 459 000	2 338 000	2 112 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 612 000	3 627 000	3 645 000	3 370 000
Other Income	34 000	13 000	8 000	10 000
Revenue	3 645 000	3 640 000	3 653 000	3 380 000
Cost of Goods Sold	1 566 000	1 527 000	2 019 000	1 672 000
Salary Costs	1 633 000	1 452 000	1 062 000	998 000
Depreciation	181 000	183 000	184 000	153 000
Impairment	0	0	0	0
Expenditure	4 226 000	3 626 000	3 651 000	3 338 000
Operating Profit	−581 000	13 000	2 000	40 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	12 000	7 000
Financial Balance	0	−1 000	−12 000	−7 000
Dividends	0	0	0	0
Net Income	−561 000	9 000	−8 000	26 000

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	332 000	369 000	406 000	0
Fixtures	702 000	765 000	891 000	1 038 000
Total Tangible Assets	1 033 000	1 134 000	1 297 000	1 038 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	1 034 000	1 135 000	1 298 000	1 039 000
Stock	275 000	292 000	289 000	385 000
Total Investments	0	0	0	0
Cash, Bank	122 000	435 000	236 000	357 000
Total Current Assets	687 000	1 324 000	1 041 000	1 073 000
Total Assets	1 721 000	2 459 000	2 338 000	2 112 000
Total Equity	1 162 000	1 723 000	1 714 000	1 721 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 000	29 000	26 000	19 000
Creditors	87 000	46 000	52 000	17 000
Unpaid Taxes	171 000	146 000	107 000	74 000
Dividends	0	0	0	0
Other Current Debt	295 000	516 000	440 000	280 000
Total Current Debt	554 000	707 000	598 000	371 000
Total Equity and Debt	1 721 000	2 459 000	2 338 000	2 112 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−48,28 %	0,52 %	−0,47 %	1,51 %
Debt-to-Equity Ratio	0,01	0,02	0,02	0,01
Operating Profit Margin	−15,94 %	0,36 %	0,05 %	1,18 %
Current Ratio	1,24	1,87	1,74	2,89
Quick Ratio	2,46	3,19	3,37	−76,64
Equity Ratio	0,68	0,7	0,73	0,81
Gross Profit Margin	57,04 %	58,05 %	44,73 %	50,53 %