HAUGLAND VVS AS

4700 VENNESLA

Finances

Return on Equity

64,43 %

Current Ratio

1,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 764 000	17 573 000	15 513 000	14 685 000
Net Income	2 179 000	689 000	844 000	1 715 000
Total Assets	10 849 000	7 317 000	6 664 000	7 317 000
Total Equity	3 382 000	1 203 000	3 015 000	2 771 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 764 000	17 573 000	15 513 000	14 685 000
Expenditure	20 039 000	16 769 000	14 475 000	12 497 000
Operating Profit	2 725 000	804 000	1 039 000	2 188 000
Financial Income	59 000	38 000	39 000	14 000
Financial Costs	3 000	1 000	3 000	2 000
Financial Balance	56 000	37 000	36 000	12 000
Earnings Before Tax	2 782 000	841 000	1 075 000	2 200 000
Tax	603 000	152 000	231 000	485 000
Net Income	2 179 000	689 000	844 000	1 715 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	917 000	813 000	764 000	687 000
Total Current Assets	9 931 000	6 504 000	5 900 000	6 630 000
Total Assets	10 849 000	7 317 000	6 664 000	7 317 000
Total Retained Equity	3 282 000	1 103 000	2 915 000	2 671 000
Total Equity	3 382 000	1 203 000	3 015 000	2 771 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	7 467 000	6 114 000	3 650 000	4 546 000
Total Equity and Debt	10 849 000	7 317 000	6 664 000	7 317 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 764 000	17 573 000	15 503 000	14 685 000
Other Income	0	0	11 000	0
Revenue	22 764 000	17 573 000	15 513 000	14 685 000
Cost of Goods Sold	12 144 000	9 647 000	7 701 000	6 313 000
Salary Costs	5 614 000	5 003 000	4 742 000	4 416 000
Depreciation	276 000	231 000	236 000	286 000
Impairment	0	0	0	0
Expenditure	20 039 000	16 769 000	14 475 000	12 497 000
Operating Profit	2 725 000	804 000	1 039 000	2 188 000
Financial Income	59 000	38 000	39 000	14 000
Financial Costs	3 000	1 000	3 000	2 000
Financial Balance	56 000	37 000	36 000	12 000
Dividends	0	2 500 000	600 000	1 500 000
Net Income	2 179 000	689 000	844 000	1 715 000

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	917 000	813 000	764 000	687 000
Total Tangible Assets	917 000	813 000	764 000	687 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	917 000	813 000	764 000	687 000
Stock	847 000	1 038 000	590 000	665 000
Total Investments	330 000	330 000	330 000	330 000
Cash, Bank	1 400 000	1 273 000	1 484 000	1 744 000
Total Current Assets	9 931 000	6 504 000	5 900 000	6 630 000
Total Assets	10 849 000	7 317 000	6 664 000	7 317 000
Total Equity	3 382 000	1 203 000	3 015 000	2 771 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 004 000	1 186 000	736 000	762 000
Unpaid Taxes	2 128 000	1 350 000	1 660 000	1 416 000
Dividends	0	2 500 000	600 000	1 500 000
Other Current Debt	2 731 000	3 426 000	1 022 000	1 883 000
Total Current Debt	7 467 000	6 114 000	3 650 000	4 546 000
Total Equity and Debt	10 849 000	7 317 000	6 664 000	7 317 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,43 %	57,27 %	27,99 %	61,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,97 %	4,58 %	6,7 %	14,9 %
Current Ratio	1,33	1,06	1,62	1,46
Quick Ratio	1,5	1,28	1,93	1,71
Equity Ratio	0,31	0,16	0,45	0,38
Gross Profit Margin	46,65 %	45,1 %	50,36 %	57,01 %