HAANDVERKERNE AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

52,29 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	493 101 000	435 653 000	458 355 000	451 225 000
Net Income	11 914 000	10 325 000	18 250 000	19 575 000
Total Assets	180 275 000	163 298 000	168 985 000	177 981 000
Total Equity	22 785 000	25 868 000	21 843 000	27 042 000

Income (NOK)	2022	2021	2020	2019
Revenue	493 101 000	435 653 000	458 355 000	451 225 000
Expenditure	478 153 000	422 239 000	435 045 000	426 351 000
Operating Profit	14 947 000	13 415 000	23 308 000	24 875 000
Financial Income	355 000	−151 000	218 000	321 000
Financial Costs	13 000	14 000	41 000	−4 000
Financial Balance	342 000	−165 000	177 000	325 000
Earnings Before Tax	15 288 000	13 250 000	23 485 000	25 200 000
Tax	3 374 000	2 924 000	5 235 000	5 625 000
Net Income	11 914 000	10 325 000	18 250 000	19 575 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 962 000	853 000	1 827 000	712 000
Total Current Assets	176 313 000	162 446 000	167 158 000	177 269 000
Total Assets	180 275 000	163 298 000	168 985 000	177 981 000
Total Retained Equity	20 035 000	23 118 000	19 093 000	24 292 000
Total Equity	22 785 000	25 868 000	21 843 000	27 042 000
Total Long-Term Debt	0	472 000	0	704 000
Total Current Debt	157 490 000	136 958 000	147 142 000	150 235 000
Total Equity and Debt	180 275 000	163 298 000	168 985 000	177 981 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	493 100 000	435 648 000	458 359 000	451 225 000
Other Income	0	5 000	−4 000	0
Revenue	493 101 000	435 653 000	458 355 000	451 225 000
Cost of Goods Sold	334 332 000	283 943 000	304 699 000	304 332 000
Salary Costs	97 566 000	97 866 000	96 263 000	89 247 000
Depreciation	464 000	318 000	278 000	106 000
Impairment	0	0	0	0
Expenditure	478 153 000	422 239 000	435 045 000	426 351 000
Operating Profit	14 947 000	13 415 000	23 308 000	24 875 000
Financial Income	355 000	−151 000	218 000	321 000
Financial Costs	13 000	14 000	41 000	−4 000
Financial Balance	342 000	−165 000	177 000	325 000
Dividends	0	0	0	0
Net Income	11 914 000	10 325 000	18 250 000	19 575 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	384 000	0	676 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 954 000	565 000	770 000	712 000
Fixtures	1 624 000	288 000	381 000	0
Total Tangible Assets	3 578 000	853 000	1 151 000	712 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 962 000	853 000	1 827 000	712 000
Stock	50 000	50 000	50 000	100 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	2 794 000
Total Current Assets	176 313 000	162 446 000	167 158 000	177 269 000
Total Assets	180 275 000	163 298 000	168 985 000	177 981 000
Total Equity	22 785 000	25 868 000	21 843 000	27 042 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	472 000	0	704 000
Creditors	49 761 000	41 743 000	27 799 000	31 412 000
Unpaid Taxes	20 168 000	18 475 000	17 857 000	21 464 000
Dividends	0	0	0	0
Other Current Debt	87 561 000	76 741 000	101 487 000	97 359 000
Total Current Debt	157 490 000	136 958 000	147 142 000	150 235 000
Total Equity and Debt	180 275 000	163 298 000	168 985 000	177 981 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,29 %	39,91 %	83,55 %	72,39 %
Debt-to-Equity Ratio	0	0,02	0	0,03
Operating Profit Margin	3,03 %	3,08 %	5,09 %	5,51 %
Current Ratio	1,12	1,19	1,14	1,18
Quick Ratio	1,12	1,19	1,14	1,18
Equity Ratio	0,13	0,16	0,13	0,15
Gross Profit Margin	32,2 %	34,82 %	33,52 %	32,55 %