HARSTAD FINANS AS

9409 HARSTAD

Finances

Return on Equity

−10,53 %

Current Ratio

2,25

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	529 000	220 000	80 000	407 000
Net Income	−6 372 000	4 939 000	3 956 000	3 609 000
Total Assets	91 149 000	98 700 000	84 391 000	79 689 000
Total Equity	60 528 000	66 855 000	78 957 000	76 236 000

Income (NOK)	2022	2021	2020	2019
Revenue	529 000	220 000	80 000	407 000
Expenditure	1 289 000	1 142 000	630 000	810 000
Operating Profit	−759 000	−922 000	−550 000	−403 000
Financial Income	2 790 000	6 142 000	4 604 000	4 215 000
Financial Costs	8 402 000	280 000	95 000	99 000
Financial Balance	−5 612 000	5 862 000	4 509 000	4 116 000
Earnings Before Tax	−6 372 000	4 941 000	3 959 000	3 713 000
Tax	0	2 000	2 000	104 000
Net Income	−6 372 000	4 939 000	3 956 000	3 609 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 575 000	30 185 000	13 550 000	12 989 000
Total Current Assets	60 573 000	68 515 000	70 841 000	66 700 000
Total Assets	91 149 000	98 700 000	84 391 000	79 689 000
Total Retained Equity	59 528 000	65 900 000	77 942 000	75 221 000
Total Equity	60 528 000	66 855 000	78 957 000	76 236 000
Total Long-Term Debt	3 696 000	3 850 000	0	0
Total Current Debt	26 924 000	27 995 000	5 434 000	3 453 000
Total Equity and Debt	91 149 000	98 700 000	84 391 000	79 689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	175 000	60 000	80 000	407 000
Other Income	354 000	160 000	0	0
Revenue	529 000	220 000	80 000	407 000
Cost of Goods Sold	0	0	0	0
Salary Costs	798 000	437 000	21 000	284 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 289 000	1 142 000	630 000	810 000
Operating Profit	−759 000	−922 000	−550 000	−403 000
Financial Income	2 790 000	6 142 000	4 604 000	4 215 000
Financial Costs	8 402 000	280 000	95 000	99 000
Financial Balance	−5 612 000	5 862 000	4 509 000	4 116 000
Dividends	0	0	0	0
Net Income	−6 372 000	4 939 000	3 956 000	3 609 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 227 000	5 227 000	114 000	114 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 227 000	5 227 000	114 000	114 000
Total Fiancial Fixed Assets	25 349 000	24 959 000	13 436 000	12 875 000
Total Fixed Assets	30 575 000	30 185 000	13 550 000	12 989 000
Stock	0	0	0	0
Total Investments	57 052 000	67 284 000	70 164 000	65 954 000
Cash, Bank	3 489 000	1 196 000	635 000	361 000
Total Current Assets	60 573 000	68 515 000	70 841 000	66 700 000
Total Assets	91 149 000	98 700 000	84 391 000	79 689 000
Total Equity	60 528 000	66 855 000	78 957 000	76 236 000
Short-Term Group Debt	0	0	0	58 000
Total Long-Term Debt	3 696 000	3 850 000	0	0
Creditors	0	43 000	38 000	40 000
Unpaid Taxes	6 000	7 000	16 000	60 000
Dividends	0	0	0	0
Other Current Debt	5 055 000	211 000	103 000	21 000
Total Current Debt	26 924 000	27 995 000	5 434 000	3 453 000
Total Equity and Debt	91 149 000	98 700 000	84 391 000	79 689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,53 %	7,39 %	5,01 %	4,73 %
Debt-to-Equity Ratio	0,06	0,06	0	0
Operating Profit Margin	−143,48 %	−419,09 %	−687,5 %	−99,02 %
Current Ratio	2,25	2,45	13,04	19,32
Quick Ratio	2,25	2,45	13,04	19,32
Equity Ratio	0,66	0,68	0,94	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %