TORE HAUGEN AS

2850 LENA

Finances

Share Ownership

Return on Equity

−20,8 %

Current Ratio

2,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	557 000	851 000	1 205 000	1 136 000
Net Income	−78 000	45 000	17 000	−104 000
Total Assets	492 000	666 000	866 000	992 000
Total Equity	375 000	453 000	608 000	741 000

Income (NOK)	2022	2021	2020	2019
Revenue	557 000	851 000	1 205 000	1 136 000
Expenditure	662 000	800 000	1 194 000	1 281 000
Operating Profit	−105 000	52 000	11 000	−145 000
Financial Income	4 000	6 000	11 000	13 000
Financial Costs	0	0	0	0
Financial Balance	4 000	6 000	11 000	13 000
Earnings Before Tax	−100 000	58 000	22 000	−133 000
Tax	−22 000	13 000	5 000	−29 000
Net Income	−78 000	45 000	17 000	−104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	159 000	183 000	266 000	322 000
Total Current Assets	333 000	484 000	600 000	669 000
Total Assets	492 000	666 000	866 000	992 000
Total Retained Equity	175 000	253 000	408 000	541 000
Total Equity	375 000	453 000	608 000	741 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	118 000	213 000	258 000	251 000
Total Equity and Debt	492 000	666 000	866 000	992 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	557 000	840 000	1 205 000	1 136 000
Other Income	0	12 000	0	0
Revenue	557 000	851 000	1 205 000	1 136 000
Cost of Goods Sold	23 000	103 000	385 000	151 000
Salary Costs	443 000	470 000	577 000	769 000
Depreciation	46 000	51 000	52 000	52 000
Impairment	0	0	0	0
Expenditure	662 000	800 000	1 194 000	1 281 000
Operating Profit	−105 000	52 000	11 000	−145 000
Financial Income	4 000	6 000	11 000	13 000
Financial Costs	0	0	0	0
Financial Balance	4 000	6 000	11 000	13 000
Dividends	0	200 000	150 000	100 000
Net Income	−78 000	45 000	17 000	−104 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	41 000	19 000	28 000	33 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	118 000	164 000	238 000	289 000
Total Tangible Assets	118 000	164 000	238 000	289 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	159 000	183 000	266 000	322 000
Stock	12 000	22 000	23 000	19 000
Total Investments	0	0	0	0
Cash, Bank	62 000	99 000	58 000	57 000
Total Current Assets	333 000	484 000	600 000	669 000
Total Assets	492 000	666 000	866 000	992 000
Total Equity	375 000	453 000	608 000	741 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	7 000	12 000	12 000
Unpaid Taxes	52 000	56 000	37 000	58 000
Dividends	0	200 000	150 000	100 000
Other Current Debt	59 000	46 000	60 000	81 000
Total Current Debt	118 000	213 000	258 000	251 000
Total Equity and Debt	492 000	666 000	866 000	992 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,8 %	9,93 %	2,8 %	−14,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−18,85 %	6,11 %	0,91 %	−12,76 %
Current Ratio	2,82	2,27	2,33	2,67
Quick Ratio	3,14	2,53	2,55	2,88
Equity Ratio	0,76	0,68	0,7	0,75
Gross Profit Margin	95,87 %	87,9 %	68,05 %	86,71 %