HAGLAND REDERI AS

5525 HAUGESUND

Finances

Return on Equity

−5,21 %

Current Ratio

0,79

Debt-to-Equity Ratio

1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	205 448 000	148 069 000	170 221 000	168 016 000
Net Income	−11 451 000	−20 189 000	9 575 000	8 266 000
Total Assets	597 914 000	450 785 000	356 368 000	276 462 000
Total Equity	219 745 000	190 196 000	161 850 000	119 625 000

Income (NOK)	2022	2021	2020	2019
Revenue	205 448 000	148 069 000	170 221 000	168 016 000
Expenditure	212 412 000	163 126 000	156 605 000	155 277 000
Operating Profit	−6 964 000	−15 057 000	13 617 000	12 739 000
Financial Income	12 937 000	8 669 000	4 842 000	3 221 000
Financial Costs	17 383 000	13 762 000	8 840 000	7 654 000
Financial Balance	−4 446 000	−5 093 000	−3 998 000	−4 433 000
Earnings Before Tax	−11 410 000	−20 149 000	9 618 000	8 306 000
Tax	41 000	40 000	42 000	40 000
Net Income	−11 451 000	−20 189 000	9 575 000	8 266 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	506 409 000	386 997 000	295 862 000	250 456 000
Total Current Assets	91 505 000	63 788 000	60 506 000	26 005 000
Total Assets	597 914 000	450 785 000	356 368 000	276 462 000
Total Retained Equity	30 389 000	40 432 000	58 929 000	51 032 000
Total Equity	219 745 000	190 196 000	161 850 000	119 625 000
Total Long-Term Debt	262 679 000	122 736 000	125 765 000	131 425 000
Total Current Debt	115 490 000	137 853 000	68 754 000	25 412 000
Total Equity and Debt	597 914 000	450 785 000	356 368 000	276 462 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	205 448 000	138 838 000	170 221 000	168 016 000
Other Income	0	9 231 000	0	0
Revenue	205 448 000	148 069 000	170 221 000	168 016 000
Cost of Goods Sold	0	0	0	0
Salary Costs	41 798 000	34 324 000	43 661 000	39 232 000
Depreciation	44 367 000	45 468 000	24 955 000	23 101 000
Impairment	0	0	0	0
Expenditure	212 412 000	163 126 000	156 605 000	155 277 000
Operating Profit	−6 964 000	−15 057 000	13 617 000	12 739 000
Financial Income	12 937 000	8 669 000	4 842 000	3 221 000
Financial Costs	17 383 000	13 762 000	8 840 000	7 654 000
Financial Balance	−4 446 000	−5 093 000	−3 998 000	−4 433 000
Dividends	0	0	0	0
Net Income	−11 451 000	−20 189 000	9 575 000	8 266 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	495 045 000	380 727 000	291 488 000	247 052 000
Total Fiancial Fixed Assets	11 364 000	6 269 000	4 374 000	3 404 000
Total Fixed Assets	506 409 000	386 997 000	295 862 000	250 456 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	17 855 000	5 697 000	8 573 000	2 522 000
Total Current Assets	91 505 000	63 788 000	60 506 000	26 005 000
Total Assets	597 914 000	450 785 000	356 368 000	276 462 000
Total Equity	219 745 000	190 196 000	161 850 000	119 625 000
Short-Term Group Debt	69 911 000	90 047 000	41 874 000	15 395 000
Total Long-Term Debt	262 679 000	122 736 000	125 765 000	131 425 000
Creditors	12 641 000	21 117 000	9 090 000	6 932 000
Unpaid Taxes	1 331 000	1 401 000	234 000	1 013 000
Dividends	0	0	0	0
Other Current Debt	17 098 000	24 599 000	13 386 000	2 071 000
Total Current Debt	115 490 000	137 853 000	68 754 000	25 412 000
Total Equity and Debt	597 914 000	450 785 000	356 368 000	276 462 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,21 %	−10,61 %	5,92 %	6,91 %
Debt-to-Equity Ratio	1,2	0,65	0,78	1,1
Operating Profit Margin	−3,39 %	−10,17 %	8 %	7,58 %
Current Ratio	0,79	0,46	0,88	1,02
Quick Ratio	0,79	0,46	0,88	1,02
Equity Ratio	0,37	0,42	0,45	0,43
Gross Profit Margin	100 %	100 %	100 %	100 %