HAGTEX AS

0375 OSLO

Finances

Share Ownership

Return on Equity

47,22 %

Current Ratio

1,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	451 000	255 000	170 000	227 000
Net Income	34 000	−17 000	43 000	−34 000
Total Assets	151 000	90 000	128 000	166 000
Total Equity	72 000	38 000	55 000	12 000

Income (NOK)	2022	2021	2020	2019
Revenue	451 000	255 000	170 000	227 000
Expenditure	417 000	272 000	127 000	259 000
Operating Profit	34 000	−17 000	43 000	−33 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	34 000	−17 000	43 000	−34 000
Tax	0	0	0	0
Net Income	34 000	−17 000	43 000	−34 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	151 000	90 000	128 000	166 000
Total Assets	151 000	90 000	128 000	166 000
Total Retained Equity	42 000	8 000	25 000	−18 000
Total Equity	72 000	38 000	55 000	12 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	79 000	52 000	73 000	154 000
Total Equity and Debt	151 000	90 000	128 000	166 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	451 000	255 000	170 000	227 000
Other Income	0	0	0	0
Revenue	451 000	255 000	170 000	227 000
Cost of Goods Sold	401 000	257 000	108 000	206 000
Salary Costs	0	0	0	20 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	417 000	272 000	127 000	259 000
Operating Profit	34 000	−17 000	43 000	−33 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	34 000	−17 000	43 000	−34 000

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	151 000	90 000	128 000	166 000
Total Current Assets	151 000	90 000	128 000	166 000
Total Assets	151 000	90 000	128 000	166 000
Total Equity	72 000	38 000	55 000	12 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	5 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	79 000	52 000	68 000	154 000
Total Current Debt	79 000	52 000	73 000	154 000
Total Equity and Debt	151 000	90 000	128 000	166 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,22 %	−44,74 %	78,18 %	−283,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,54 %	−6,67 %	25,29 %	−14,54 %
Current Ratio	1,91	1,73	1,75	1,08
Quick Ratio	1,91	1,73	1,75	1,08
Equity Ratio	0,48	0,42	0,43	0,07
Gross Profit Margin	11,09 %	−0,78 %	36,47 %	9,25 %