HAGNES VVS AS

7031 TRONDHEIM

Finances

Share Ownership

Return on Equity

−2,68 %

Current Ratio

3,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 944 000	13 602 000	14 096 000	14 864 000
Net Income	−101 000	−122 000	441 000	1 011 000
Total Assets	5 474 000	6 334 000	6 673 000	6 773 000
Total Equity	3 773 000	3 874 000	3 996 000	3 556 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 944 000	13 602 000	14 096 000	14 864 000
Expenditure	11 095 000	13 789 000	13 544 000	13 606 000
Operating Profit	−151 000	−186 000	553 000	1 258 000
Financial Income	28 000	36 000	24 000	42 000
Financial Costs	7 000	6 000	11 000	3 000
Financial Balance	21 000	30 000	13 000	39 000
Earnings Before Tax	−129 000	−156 000	565 000	1 296 000
Tax	−29 000	−34 000	125 000	286 000
Net Income	−101 000	−122 000	441 000	1 011 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	94 000	66 000	48 000	81 000
Total Current Assets	5 380 000	6 268 000	6 625 000	6 692 000
Total Assets	5 474 000	6 334 000	6 673 000	6 773 000
Total Retained Equity	3 671 000	3 772 000	3 894 000	3 454 000
Total Equity	3 773 000	3 874 000	3 996 000	3 556 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 700 000	2 460 000	2 677 000	3 217 000
Total Equity and Debt	5 474 000	6 334 000	6 673 000	6 773 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 944 000	13 602 000	14 096 000	14 864 000
Other Income	0	0	0	0
Revenue	10 944 000	13 602 000	14 096 000	14 864 000
Cost of Goods Sold	4 552 000	6 864 000	5 636 000	6 107 000
Salary Costs	4 202 000	4 778 000	5 556 000	5 180 000
Depreciation	0	17 000	40 000	40 000
Impairment	0	0	0	0
Expenditure	11 095 000	13 789 000	13 544 000	13 606 000
Operating Profit	−151 000	−186 000	553 000	1 258 000
Financial Income	28 000	36 000	24 000	42 000
Financial Costs	7 000	6 000	11 000	3 000
Financial Balance	21 000	30 000	13 000	39 000
Dividends	0	0	0	0
Net Income	−101 000	−122 000	441 000	1 011 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	94 000	66 000	31 000	25 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	17 000	57 000
Total Tangible Assets	0	0	17 000	57 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	94 000	66 000	48 000	81 000
Stock	672 000	592 000	671 000	799 000
Total Investments	0	0	0	0
Cash, Bank	2 801 000	4 295 000	3 193 000	2 060 000
Total Current Assets	5 380 000	6 268 000	6 625 000	6 692 000
Total Assets	5 474 000	6 334 000	6 673 000	6 773 000
Total Equity	3 773 000	3 874 000	3 996 000	3 556 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	675 000	1 333 000	728 000	1 427 000
Unpaid Taxes	460 000	412 000	661 000	809 000
Dividends	0	0	0	0
Other Current Debt	565 000	714 000	1 157 000	783 000
Total Current Debt	1 700 000	2 460 000	2 677 000	3 217 000
Total Equity and Debt	5 474 000	6 334 000	6 673 000	6 773 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,68 %	−3,15 %	11,04 %	28,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,38 %	−1,37 %	3,92 %	8,46 %
Current Ratio	3,16	2,55	2,47	2,08
Quick Ratio	5,23	3,36	3,3	2,77
Equity Ratio	0,69	0,61	0,6	0,53
Gross Profit Margin	58,41 %	49,54 %	60,02 %	58,91 %