HAGENS RØRSERVICE AS

2860 HOV

Finances

Share Ownership

Return on Equity

4,93 %

Current Ratio

3,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 986 000	12 631 000	14 345 000	13 160 000
Net Income	425 000	234 000	−148 000	−2 342 000
Total Assets	10 840 000	10 483 000	10 557 000	10 132 000
Total Equity	8 628 000	8 203 000	7 969 000	8 117 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 986 000	12 631 000	14 345 000	13 160 000
Expenditure	13 286 000	12 457 000	14 590 000	15 475 000
Operating Profit	−300 000	174 000	−244 000	−2 316 000
Financial Income	743 000	70 000	108 000	97 000
Financial Costs	18 000	9 000	12 000	10 000
Financial Balance	725 000	61 000	96 000	87 000
Earnings Before Tax	425 000	234 000	−148 000	−2 228 000
Tax	0	0	0	113 000
Net Income	425 000	234 000	−148 000	−2 342 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 325 000	3 343 000	3 539 000	3 696 000
Total Current Assets	7 515 000	7 140 000	7 018 000	6 437 000
Total Assets	10 840 000	10 483 000	10 557 000	10 132 000
Total Retained Equity	8 328 000	7 903 000	7 669 000	7 817 000
Total Equity	8 628 000	8 203 000	7 969 000	8 117 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 212 000	2 280 000	2 588 000	2 016 000
Total Equity and Debt	10 840 000	10 483 000	10 557 000	10 132 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 986 000	12 631 000	14 325 000	13 160 000
Other Income	0	0	20 000	0
Revenue	12 986 000	12 631 000	14 345 000	13 160 000
Cost of Goods Sold	4 973 000	4 640 000	5 955 000	6 671 000
Salary Costs	6 260 000	5 895 000	6 286 000	6 668 000
Depreciation	64 000	196 000	267 000	350 000
Impairment	0	0	0	0
Expenditure	13 286 000	12 457 000	14 590 000	15 475 000
Operating Profit	−300 000	174 000	−244 000	−2 316 000
Financial Income	743 000	70 000	108 000	97 000
Financial Costs	18 000	9 000	12 000	10 000
Financial Balance	725 000	61 000	96 000	87 000
Dividends	0	0	0	0
Net Income	425 000	234 000	−148 000	−2 342 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	626 000	630 000	634 000	638 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	44 000	104 000	296 000	449 000
Total Tangible Assets	670 000	734 000	930 000	1 087 000
Total Fiancial Fixed Assets	2 655 000	2 608 000	2 608 000	2 608 000
Total Fixed Assets	3 325 000	3 343 000	3 539 000	3 696 000
Stock	2 149 000	1 765 000	1 605 000	1 478 000
Total Investments	1 155 000	1 128 000	1 133 000	1 065 000
Cash, Bank	2 473 000	2 631 000	2 175 000	1 877 000
Total Current Assets	7 515 000	7 140 000	7 018 000	6 437 000
Total Assets	10 840 000	10 483 000	10 557 000	10 132 000
Total Equity	8 628 000	8 203 000	7 969 000	8 117 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	661 000	709 000	821 000	952 000
Unpaid Taxes	651 000	700 000	814 000	302 000
Dividends	0	0	0	0
Other Current Debt	899 000	870 000	953 000	762 000
Total Current Debt	2 212 000	2 280 000	2 588 000	2 016 000
Total Equity and Debt	10 840 000	10 483 000	10 557 000	10 132 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,93 %	2,85 %	−1,86 %	−28,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−2,31 %	1,38 %	−1,7 %	−17,6 %
Current Ratio	3,4	3,13	2,71	3,19
Quick Ratio	119,29	13,86	7,14	11,96
Equity Ratio	0,8	0,78	0,75	0,8
Gross Profit Margin	61,7 %	63,26 %	58,49 %	49,31 %