OLAF HAUGEN & SØNNER AS

3350 PRESTFOSS

Finances

Return on Equity

9,33 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 794 000	8 160 000	6 263 000	6 153 000
Net Income	1 625 000	903 000	584 000	1 134 000
Total Assets	23 132 000	22 786 000	19 254 000	18 875 000
Total Equity	17 413 000	15 788 000	14 885 000	14 302 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 794 000	8 160 000	6 263 000	6 153 000
Expenditure	7 885 000	7 241 000	5 548 000	4 800 000
Operating Profit	1 908 000	919 000	716 000	1 353 000
Financial Income	268 000	292 000	235 000	220 000
Financial Costs	109 000	86 000	181 000	134 000
Financial Balance	159 000	206 000	54 000	86 000
Earnings Before Tax	2 067 000	1 125 000	770 000	1 439 000
Tax	442 000	222 000	186 000	304 000
Net Income	1 625 000	903 000	584 000	1 134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 880 000	18 413 000	17 044 000	16 139 000
Total Current Assets	5 252 000	4 372 000	2 210 000	2 736 000
Total Assets	23 132 000	22 786 000	19 254 000	18 875 000
Total Retained Equity	16 913 000	15 288 000	14 385 000	13 802 000
Total Equity	17 413 000	15 788 000	14 885 000	14 302 000
Total Long-Term Debt	1 517 000	4 106 000	2 249 000	2 976 000
Total Current Debt	4 202 000	2 891 000	2 119 000	1 597 000
Total Equity and Debt	23 132 000	22 786 000	19 254 000	18 875 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 499 000	6 658 000	4 873 000	4 714 000
Other Income	1 295 000	1 502 000	1 390 000	1 439 000
Revenue	9 794 000	8 160 000	6 263 000	6 153 000
Cost of Goods Sold	899 000	642 000	451 000	350 000
Salary Costs	2 346 000	2 281 000	1 675 000	1 655 000
Depreciation	982 000	996 000	860 000	653 000
Impairment	0	0	0	0
Expenditure	7 885 000	7 241 000	5 548 000	4 800 000
Operating Profit	1 908 000	919 000	716 000	1 353 000
Financial Income	268 000	292 000	235 000	220 000
Financial Costs	109 000	86 000	181 000	134 000
Financial Balance	159 000	206 000	54 000	86 000
Dividends	0	0	0	0
Net Income	1 625 000	903 000	584 000	1 134 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 823 000	7 846 000	7 869 000	7 892 000
Machinery and Plant Facilities	45 000	0	0	0
Fixtures	2 354 000	3 121 000	2 968 000	3 023 000
Total Tangible Assets	10 222 000	10 967 000	10 838 000	10 915 000
Total Fiancial Fixed Assets	7 658 000	7 446 000	6 206 000	5 223 000
Total Fixed Assets	17 880 000	18 413 000	17 044 000	16 139 000
Stock	549 000	216 000	82 000	48 000
Total Investments	308 000	310 000	310 000	312 000
Cash, Bank	1 786 000	1 863 000	682 000	1 481 000
Total Current Assets	5 252 000	4 372 000	2 210 000	2 736 000
Total Assets	23 132 000	22 786 000	19 254 000	18 875 000
Total Equity	17 413 000	15 788 000	14 885 000	14 302 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 517 000	4 106 000	2 249 000	2 976 000
Creditors	3 042 000	2 021 000	1 578 000	988 000
Unpaid Taxes	412 000	436 000	223 000	203 000
Dividends	0	0	0	0
Other Current Debt	239 000	245 000	168 000	164 000
Total Current Debt	4 202 000	2 891 000	2 119 000	1 597 000
Total Equity and Debt	23 132 000	22 786 000	19 254 000	18 875 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,33 %	5,72 %	3,92 %	7,93 %
Debt-to-Equity Ratio	0,09	0,26	0,15	0,21
Operating Profit Margin	19,48 %	11,26 %	11,43 %	21,99 %
Current Ratio	1,25	1,51	1,04	1,71
Quick Ratio	1,44	1,63	1,08	1,77
Equity Ratio	0,75	0,69	0,77	0,76
Gross Profit Margin	90,82 %	92,13 %	92,8 %	94,31 %