HARELAND ENGINEERING AS

4051 SOLA

Finances

Share Ownership

Return on Equity

2,94 %

Current Ratio

36,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	269 000	99 000	0	880 000
Net Income	122 000	4 000	−52 000	433 000
Total Assets	4 259 000	4 057 000	4 046 000	4 255 000
Total Equity	4 143 000	4 020 000	4 017 000	4 069 000

Income (NOK)	2022	2021	2020	2019
Revenue	269 000	99 000	0	880 000
Expenditure	151 000	102 000	81 000	346 000
Operating Profit	118 000	−4 000	−82 000	534 000
Financial Income	39 000	9 000	15 000	22 000
Financial Costs	0	0	0	1 000
Financial Balance	39 000	9 000	15 000	21 000
Earnings Before Tax	157 000	5 000	−67 000	556 000
Tax	35 000	1 000	−15 000	122 000
Net Income	122 000	4 000	−52 000	433 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	4 259 000	4 057 000	4 046 000	4 255 000
Total Assets	4 259 000	4 057 000	4 046 000	4 255 000
Total Retained Equity	4 043 000	3 920 000	3 917 000	3 969 000
Total Equity	4 143 000	4 020 000	4 017 000	4 069 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	117 000	37 000	30 000	186 000
Total Equity and Debt	4 259 000	4 057 000	4 046 000	4 255 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	269 000	99 000	0	880 000
Other Income	0	0	0	0
Revenue	269 000	99 000	0	880 000
Cost of Goods Sold	0	0	0	0
Salary Costs	78 000	28 000	11 000	259 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	151 000	102 000	81 000	346 000
Operating Profit	118 000	−4 000	−82 000	534 000
Financial Income	39 000	9 000	15 000	22 000
Financial Costs	0	0	0	1 000
Financial Balance	39 000	9 000	15 000	21 000
Dividends	0	0	0	0
Net Income	122 000	4 000	−52 000	433 000

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	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 180 000	4 057 000	4 028 000	4 253 000
Total Current Assets	4 259 000	4 057 000	4 046 000	4 255 000
Total Assets	4 259 000	4 057 000	4 046 000	4 255 000
Total Equity	4 143 000	4 020 000	4 017 000	4 069 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	64 000	19 000	5 000	12 000
Dividends	0	0	0	0
Other Current Debt	18 000	17 000	25 000	52 000
Total Current Debt	117 000	37 000	30 000	186 000
Total Equity and Debt	4 259 000	4 057 000	4 046 000	4 255 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,94 %	0,1 %	−1,29 %	10,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	43,87 %	−4,04 %	-	60,68 %
Current Ratio	36,4	109,65	134,87	22,88
Quick Ratio	36,4	109,65	134,87	22,88
Equity Ratio	0,97	0,99	0,99	0,96
Gross Profit Margin	100 %	100 %	-	100 %