IVAR O HAUGEN MAT AS

3302 HOKKSUND

Finances

Return on Equity

30,08 %

Current Ratio

2,03

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 171 000	78 196 000	81 133 000	68 298 000
Net Income	2 275 000	2 666 000	3 851 000	2 773 000
Total Assets	12 958 000	12 952 000	19 190 000	16 222 000
Total Equity	7 562 000	5 288 000	8 621 000	8 570 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 171 000	78 196 000	81 133 000	68 298 000
Expenditure	72 343 000	74 859 000	76 291 000	64 836 000
Operating Profit	2 827 000	3 337 000	4 842 000	3 463 000
Financial Income	73 000	66 000	83 000	82 000
Financial Costs	0	0	0	0
Financial Balance	73 000	66 000	83 000	82 000
Earnings Before Tax	2 900 000	3 403 000	4 925 000	3 545 000
Tax	625 000	736 000	1 075 000	772 000
Net Income	2 275 000	2 666 000	3 851 000	2 773 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 248 000	2 707 000	2 910 000	3 032 000
Total Current Assets	10 709 000	10 244 000	16 280 000	13 190 000
Total Assets	12 958 000	12 952 000	19 190 000	16 222 000
Total Retained Equity	7 462 000	5 188 000	8 521 000	8 470 000
Total Equity	7 562 000	5 288 000	8 621 000	8 570 000
Total Long-Term Debt	124 000	137 000	176 000	192 000
Total Current Debt	5 272 000	7 527 000	10 393 000	7 459 000
Total Equity and Debt	12 958 000	12 952 000	19 190 000	16 222 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	71 431 000	74 445 000	77 509 000	67 189 000
Other Income	3 740 000	3 751 000	3 624 000	1 109 000
Revenue	75 171 000	78 196 000	81 133 000	68 298 000
Cost of Goods Sold	58 925 000	61 770 000	63 273 000	52 781 000
Salary Costs	6 129 000	6 326 000	6 406 000	5 796 000
Depreciation	666 000	661 000	578 000	555 000
Impairment	0	0	0	0
Expenditure	72 343 000	74 859 000	76 291 000	64 836 000
Operating Profit	2 827 000	3 337 000	4 842 000	3 463 000
Financial Income	73 000	66 000	83 000	82 000
Financial Costs	0	0	0	0
Financial Balance	73 000	66 000	83 000	82 000
Dividends	0	6 000 000	3 800 000	4 140 000
Net Income	2 275 000	2 666 000	3 851 000	2 773 000

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	1 868 000	2 326 000	2 529 000	2 651 000
Total Tangible Assets	1 868 000	2 326 000	2 529 000	2 651 000
Total Fiancial Fixed Assets	381 000	381 000	381 000	381 000
Total Fixed Assets	2 248 000	2 707 000	2 910 000	3 032 000
Stock	3 154 000	3 027 000	2 976 000	2 814 000
Total Investments	0	0	0	0
Cash, Bank	5 549 000	4 005 000	10 467 000	7 728 000
Total Current Assets	10 709 000	10 244 000	16 280 000	13 190 000
Total Assets	12 958 000	12 952 000	19 190 000	16 222 000
Total Equity	7 562 000	5 288 000	8 621 000	8 570 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	124 000	137 000	176 000	192 000
Creditors	2 855 000	2 908 000	3 221 000	2 130 000
Unpaid Taxes	552 000	475 000	637 000	584 000
Dividends	0	6 000 000	3 800 000	4 140 000
Other Current Debt	1 226 000	3 369 000	1 644 000	1 257 000
Total Current Debt	5 272 000	7 527 000	10 393 000	7 459 000
Total Equity and Debt	12 958 000	12 952 000	19 190 000	16 222 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,08 %	50,42 %	44,67 %	32,36 %
Debt-to-Equity Ratio	0,02	0,03	0,02	0,02
Operating Profit Margin	3,76 %	4,27 %	5,97 %	5,07 %
Current Ratio	2,03	1,36	1,57	1,77
Quick Ratio	5,06	2,28	2,19	2,84
Equity Ratio	0,58	0,41	0,45	0,53
Gross Profit Margin	21,61 %	21,01 %	22,01 %	22,72 %