HAG KVALITETSMØBLER AS

1661 ROLVSØY

Finances

Return on Equity

−0,25 %

Current Ratio

7,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 156 000	26 058 000	24 468 000	19 880 000
Net Income	−36 000	3 055 000	2 655 000	156 000
Total Assets	16 171 000	18 458 000	15 511 000	11 654 000
Total Equity	14 163 000	14 472 000	11 659 000	9 003 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 156 000	26 058 000	24 468 000	19 880 000
Expenditure	22 186 000	22 123 000	20 965 000	19 610 000
Operating Profit	−30 000	3 936 000	3 503 000	270 000
Financial Income	54 000	51 000	54 000	12 000
Financial Costs	62 000	71 000	144 000	50 000
Financial Balance	−8 000	−20 000	−90 000	−38 000
Earnings Before Tax	−38 000	3 917 000	3 412 000	232 000
Tax	−3 000	862 000	757 000	76 000
Net Income	−36 000	3 055 000	2 655 000	156 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	484 000	593 000	580 000	508 000
Total Current Assets	15 687 000	17 864 000	14 931 000	11 146 000
Total Assets	16 171 000	18 458 000	15 511 000	11 654 000
Total Retained Equity	11 688 000	11 997 000	9 184 000	6 528 000
Total Equity	14 163 000	14 472 000	11 659 000	9 003 000
Total Long-Term Debt	0	4 000	57 000	95 000
Total Current Debt	2 008 000	3 982 000	3 795 000	2 556 000
Total Equity and Debt	16 171 000	18 458 000	15 511 000	11 654 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 108 000	26 026 000	24 427 000	19 845 000
Other Income	48 000	33 000	41 000	35 000
Revenue	22 156 000	26 058 000	24 468 000	19 880 000
Cost of Goods Sold	13 112 000	13 702 000	12 988 000	11 288 000
Salary Costs	2 195 000	2 257 000	2 097 000	2 189 000
Depreciation	71 000	99 000	106 000	106 000
Impairment	0	0	0	0
Expenditure	22 186 000	22 123 000	20 965 000	19 610 000
Operating Profit	−30 000	3 936 000	3 503 000	270 000
Financial Income	54 000	51 000	54 000	12 000
Financial Costs	62 000	71 000	144 000	50 000
Financial Balance	−8 000	−20 000	−90 000	−38 000
Dividends	273 000	243 000	0	0
Net Income	−36 000	3 055 000	2 655 000	156 000

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	7 000	19 000	113 000	124 000
Fixtures	144 000	202 000	154 000	249 000
Total Tangible Assets	151 000	221 000	267 000	373 000
Total Fiancial Fixed Assets	333 000	372 000	313 000	135 000
Total Fixed Assets	484 000	593 000	580 000	508 000
Stock	7 751 000	8 240 000	6 435 000	5 906 000
Total Investments	0	0	0	0
Cash, Bank	7 462 000	8 957 000	7 867 000	4 894 000
Total Current Assets	15 687 000	17 864 000	14 931 000	11 146 000
Total Assets	16 171 000	18 458 000	15 511 000	11 654 000
Total Equity	14 163 000	14 472 000	11 659 000	9 003 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 000	57 000	95 000
Creditors	956 000	1 630 000	1 773 000	1 313 000
Unpaid Taxes	842 000	1 172 000	1 055 000	852 000
Dividends	273 000	243 000	0	0
Other Current Debt	209 000	224 000	203 000	316 000
Total Current Debt	2 008 000	3 982 000	3 795 000	2 556 000
Total Equity and Debt	16 171 000	18 458 000	15 511 000	11 654 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,25 %	21,11 %	22,77 %	1,73 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−0,14 %	15,1 %	14,32 %	1,36 %
Current Ratio	7,81	4,49	3,93	4,36
Quick Ratio	−2,73	−4,2	−5,66	−3,33
Equity Ratio	0,88	0,78	0,75	0,77
Gross Profit Margin	40,82 %	47,42 %	46,92 %	43,22 %