OLAV ERIK HAGEN AS

6783 STRYN

Finances

Return on Equity

12,12 %

Current Ratio

4,9

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	48 935 000	62 451 000	57 102 000	38 574 000
Net Income	3 519 000	5 220 000	9 620 000	200 000
Total Assets	38 900 000	38 779 000	41 132 000	27 130 000
Total Equity	29 030 000	25 511 000	21 176 000	14 556 000

Income (NOK)	2022	2021	2020	2019
Revenue	48 935 000	62 451 000	57 102 000	38 574 000
Expenditure	44 370 000	56 219 000	44 638 000	38 150 000
Operating Profit	4 566 000	6 232 000	12 464 000	425 000
Financial Income	170 000	523 000	108 000	149 000
Financial Costs	221 000	191 000	239 000	317 000
Financial Balance	−51 000	332 000	−131 000	−168 000
Earnings Before Tax	4 515 000	6 565 000	12 333 000	257 000
Tax	996 000	1 345 000	2 714 000	57 000
Net Income	3 519 000	5 220 000	9 620 000	200 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 993 000	11 072 000	11 181 000	11 559 000
Total Current Assets	26 907 000	27 707 000	29 951 000	15 571 000
Total Assets	38 900 000	38 779 000	41 132 000	27 130 000
Total Retained Equity	28 930 000	25 411 000	21 076 000	14 456 000
Total Equity	29 030 000	25 511 000	21 176 000	14 556 000
Total Long-Term Debt	4 383 000	5 509 000	6 636 000	7 762 000
Total Current Debt	5 487 000	7 759 000	13 321 000	4 812 000
Total Equity and Debt	38 900 000	38 779 000	41 132 000	27 130 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	48 788 000	62 401 000	56 595 000	38 059 000
Other Income	147 000	50 000	506 000	515 000
Revenue	48 935 000	62 451 000	57 102 000	38 574 000
Cost of Goods Sold	11 044 000	21 914 000	13 539 000	10 010 000
Salary Costs	15 527 000	15 876 000	16 046 000	13 465 000
Depreciation	3 436 000	4 448 000	3 818 000	3 721 000
Impairment	0	0	0	0
Expenditure	44 370 000	56 219 000	44 638 000	38 150 000
Operating Profit	4 566 000	6 232 000	12 464 000	425 000
Financial Income	170 000	523 000	108 000	149 000
Financial Costs	221 000	191 000	239 000	317 000
Financial Balance	−51 000	332 000	−131 000	−168 000
Dividends	0	0	3 000 000	1 000 000
Net Income	3 519 000	5 220 000	9 620 000	200 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	992 000	913 000	671 000	691 000
Real Eastate	360 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 366 000	6 373 000	6 825 000	6 354 000
Total Tangible Assets	9 623 000	9 145 000	10 341 000	10 660 000
Total Fiancial Fixed Assets	1 379 000	1 014 000	169 000	207 000
Total Fixed Assets	11 993 000	11 072 000	11 181 000	11 559 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 163 000	14 921 000	17 171 000	8 689 000
Total Current Assets	26 907 000	27 707 000	29 951 000	15 571 000
Total Assets	38 900 000	38 779 000	41 132 000	27 130 000
Total Equity	29 030 000	25 511 000	21 176 000	14 556 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 383 000	5 509 000	6 636 000	7 762 000
Creditors	1 015 000	1 716 000	3 314 000	998 000
Unpaid Taxes	1 520 000	1 496 000	2 910 000	1 525 000
Dividends	0	0	3 000 000	1 000 000
Other Current Debt	1 998 000	3 526 000	1 403 000	1 120 000
Total Current Debt	5 487 000	7 759 000	13 321 000	4 812 000
Total Equity and Debt	38 900 000	38 779 000	41 132 000	27 130 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,12 %	20,46 %	45,43 %	1,37 %
Debt-to-Equity Ratio	0,15	0,22	0,31	0,53
Operating Profit Margin	9,33 %	9,98 %	21,83 %	1,1 %
Current Ratio	4,9	3,57	2,25	3,24
Quick Ratio	4,9	3,57	2,25	3,24
Equity Ratio	0,75	0,66	0,51	0,54
Gross Profit Margin	77,43 %	64,91 %	76,29 %	74,05 %