HAGELUND HOLDING AS

1392 VETTRE

Finances

Return on Equity

1 %

Current Ratio

2,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 767 000	747 000	1 155 000	1 452 000
Net Income	225 000	110 000	48 000	−3 117 000
Total Assets	25 852 000	24 169 000	27 958 000	29 444 000
Total Equity	22 506 000	22 281 000	27 171 000	27 525 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 767 000	747 000	1 155 000	1 452 000
Expenditure	2 455 000	626 000	1 082 000	1 282 000
Operating Profit	312 000	121 000	73 000	171 000
Financial Income	5 000	22 000	82 000	93 000
Financial Costs	28 000	2 000	93 000	3 332 000
Financial Balance	−23 000	20 000	−11 000	−3 239 000
Earnings Before Tax	289 000	141 000	62 000	−3 067 000
Tax	64 000	31 000	14 000	50 000
Net Income	225 000	110 000	48 000	−3 117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 919 000	17 842 000	17 513 000	17 666 000
Total Current Assets	6 933 000	6 327 000	10 445 000	11 777 000
Total Assets	25 852 000	24 169 000	27 958 000	29 444 000
Total Retained Equity	20 206 000	19 981 000	24 871 000	25 225 000
Total Equity	22 506 000	22 281 000	27 171 000	27 525 000
Total Long-Term Debt	5 000	41 000	64 000	88 000
Total Current Debt	3 341 000	1 847 000	723 000	1 831 000
Total Equity and Debt	25 852 000	24 169 000	27 958 000	29 444 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	575 000	134 000	372 000	601 000
Other Income	2 192 000	613 000	784 000	850 000
Revenue	2 767 000	747 000	1 155 000	1 452 000
Cost of Goods Sold	571 000	335 000	376 000	770 000
Salary Costs	1 032 000	0	0	0
Depreciation	346 000	154 000	154 000	122 000
Impairment	0	0	0	0
Expenditure	2 455 000	626 000	1 082 000	1 282 000
Operating Profit	312 000	121 000	73 000	171 000
Financial Income	5 000	22 000	82 000	93 000
Financial Costs	28 000	2 000	93 000	3 332 000
Financial Balance	−23 000	20 000	−11 000	−3 239 000
Dividends	0	0	0	0
Net Income	225 000	110 000	48 000	−3 117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	15 048 000	15 048 000	15 048 000	15 048 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	811 000	435 000	588 000	742 000
Total Tangible Assets	15 858 000	15 483 000	15 636 000	15 790 000
Total Fiancial Fixed Assets	3 061 000	2 359 000	1 877 000	1 877 000
Total Fixed Assets	18 919 000	17 842 000	17 513 000	17 666 000
Stock	0	0	0	0
Total Investments	4 789 000	4 862 000	4 512 000	0
Cash, Bank	454 000	254 000	5 352 000	11 274 000
Total Current Assets	6 933 000	6 327 000	10 445 000	11 777 000
Total Assets	25 852 000	24 169 000	27 958 000	29 444 000
Total Equity	22 506 000	22 281 000	27 171 000	27 525 000
Short-Term Group Debt	1 772 000	858 000	433 000	703 000
Total Long-Term Debt	5 000	41 000	64 000	88 000
Creditors	161 000	154 000	137 000	121 000
Unpaid Taxes	521 000	73 000	0	0
Dividends	0	0	0	0
Other Current Debt	855 000	707 000	116 000	1 007 000
Total Current Debt	3 341 000	1 847 000	723 000	1 831 000
Total Equity and Debt	25 852 000	24 169 000	27 958 000	29 444 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 %	0,49 %	0,18 %	−11,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,28 %	16,2 %	6,32 %	11,78 %
Current Ratio	2,08	3,43	14,45	6,43
Quick Ratio	2,08	3,43	14,45	6,43
Equity Ratio	0,87	0,92	0,97	0,93
Gross Profit Margin	79,36 %	55,15 %	67,45 %	46,97 %