HASSEL SKOG AS

2235 MATRAND

Finances

Share Ownership

Return on Equity

12,12 %

Current Ratio

9,91

Debt-to-Equity Ratio

0,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 752 000	4 086 000	3 583 000	3 271 000
Net Income	206 000	243 000	201 000	148 000
Total Assets	3 194 000	3 493 000	3 524 000	2 803 000
Total Equity	1 699 000	1 493 000	1 150 000	949 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 752 000	4 086 000	3 583 000	3 271 000
Expenditure	3 477 000	3 763 000	3 317 000	3 063 000
Operating Profit	275 000	323 000	266 000	209 000
Financial Income	1 000	0	1 000	0
Financial Costs	12 000	12 000	24 000	19 000
Financial Balance	−11 000	−12 000	−23 000	−19 000
Earnings Before Tax	264 000	311 000	242 000	190 000
Tax	58 000	69 000	41 000	42 000
Net Income	206 000	243 000	201 000	148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 371 000	1 367 000	1 473 000	1 544 000
Total Current Assets	1 823 000	2 126 000	2 051 000	1 259 000
Total Assets	3 194 000	3 493 000	3 524 000	2 803 000
Total Retained Equity	1 599 000	1 393 000	0	849 000
Total Equity	1 699 000	1 493 000	1 150 000	949 000
Total Long-Term Debt	1 311 000	1 150 000	1 150 000	1 250 000
Total Current Debt	184 000	850 000	1 224 000	604 000
Total Equity and Debt	3 194 000	3 493 000	3 524 000	2 803 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 752 000	4 086 000	3 583 000	3 271 000
Other Income	0	0	0	0
Revenue	3 752 000	4 086 000	3 583 000	3 271 000
Cost of Goods Sold	2 958 000	3 175 000	2 792 000	2 497 000
Salary Costs	26 000	29 000	29 000	27 000
Depreciation	69 000	74 000	71 000	77 000
Impairment	0	0	0	0
Expenditure	3 477 000	3 763 000	3 317 000	3 063 000
Operating Profit	275 000	323 000	266 000	209 000
Financial Income	1 000	0	1 000	0
Financial Costs	12 000	12 000	24 000	19 000
Financial Balance	−11 000	−12 000	−23 000	−19 000
Dividends	0	0	0	0
Net Income	206 000	243 000	201 000	148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 313 000	1 367 000	1 426 000	1 485 000
Machinery and Plant Facilities	58 000	0	48 000	60 000
Fixtures	0	0	0	0
Total Tangible Assets	1 371 000	1 367 000	1 473 000	1 544 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 371 000	1 367 000	1 473 000	1 544 000
Stock	1 588 000	1 184 000	780 000	682 000
Total Investments	0	0	0	0
Cash, Bank	91 000	351 000	577 000	317 000
Total Current Assets	1 823 000	2 126 000	2 051 000	1 259 000
Total Assets	3 194 000	3 493 000	3 524 000	2 803 000
Total Equity	1 699 000	1 493 000	1 150 000	949 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 311 000	1 150 000	1 150 000	1 250 000
Creditors	0	0	809 000	0
Unpaid Taxes	−27 000	−137 000	−132 000	0
Dividends	0	0	0	0
Other Current Debt	64 000	462 000	505 000	563 000
Total Current Debt	184 000	850 000	1 224 000	604 000
Total Equity and Debt	3 194 000	3 493 000	3 524 000	2 803 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,12 %	16,28 %	17,48 %	15,6 %
Debt-to-Equity Ratio	0,77	0,77	1	1,32
Operating Profit Margin	7,33 %	7,91 %	7,42 %	6,39 %
Current Ratio	9,91	2,5	1,68	2,08
Quick Ratio	−1,3	−6,37	4,62	−16,14
Equity Ratio	0,53	0,43	0,33	0,34
Gross Profit Margin	21,16 %	22,3 %	22,08 %	23,66 %