HAGEN ELEKTRO AS

3570 ÅL

Finances

Share Ownership

Return on Equity

19,33 %

Current Ratio

3,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 887 000	4 224 000	2 981 000	2 660 000
Net Income	517 000	858 000	716 000	−233 000
Total Assets	3 529 000	3 271 000	2 708 000	1 874 000
Total Equity	2 675 000	2 158 000	1 301 000	1 277 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 887 000	4 224 000	2 981 000	2 660 000
Expenditure	3 244 000	3 131 000	2 128 000	2 902 000
Operating Profit	643 000	1 094 000	853 000	−242 000
Financial Income	22 000	7 000	7 000	9 000
Financial Costs	3 000	1 000	2 000	5 000
Financial Balance	19 000	6 000	5 000	4 000
Earnings Before Tax	662 000	1 100 000	858 000	−238 000
Tax	146 000	242 000	142 000	−5 000
Net Income	517 000	858 000	716 000	−233 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	194 000	184 000	139 000	94 000
Total Current Assets	3 335 000	3 087 000	2 568 000	1 781 000
Total Assets	3 529 000	3 271 000	2 708 000	1 874 000
Total Retained Equity	2 575 000	2 058 000	1 201 000	1 177 000
Total Equity	2 675 000	2 158 000	1 301 000	1 277 000
Total Long-Term Debt	7 000	6 000	8 000	0
Total Current Debt	847 000	1 106 000	1 399 000	598 000
Total Equity and Debt	3 529 000	3 271 000	2 708 000	1 874 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 887 000	4 224 000	2 981 000	2 630 000
Other Income	0	0	0	30 000
Revenue	3 887 000	4 224 000	2 981 000	2 660 000
Cost of Goods Sold	1 770 000	1 825 000	1 264 000	1 333 000
Salary Costs	983 000	891 000	577 000	1 028 000
Depreciation	36 000	28 000	17 000	10 000
Impairment	0	0	0	0
Expenditure	3 244 000	3 131 000	2 128 000	2 902 000
Operating Profit	643 000	1 094 000	853 000	−242 000
Financial Income	22 000	7 000	7 000	9 000
Financial Costs	3 000	1 000	2 000	5 000
Financial Balance	19 000	6 000	5 000	4 000
Dividends	0	0	692 000	0
Net Income	517 000	858 000	716 000	−233 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	42 000	50 000	58 000	0
Machinery and Plant Facilities	121 000	132 000	80 000	93 000
Fixtures	30 000	0	0	0
Total Tangible Assets	193 000	183 000	138 000	93 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	194 000	184 000	139 000	94 000
Stock	344 000	260 000	195 000	167 000
Total Investments	0	0	0	0
Cash, Bank	1 825 000	1 127 000	1 804 000	1 110 000
Total Current Assets	3 335 000	3 087 000	2 568 000	1 781 000
Total Assets	3 529 000	3 271 000	2 708 000	1 874 000
Total Equity	2 675 000	2 158 000	1 301 000	1 277 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	6 000	8 000	0
Creditors	328 000	398 000	340 000	350 000
Unpaid Taxes	282 000	374 000	163 000	77 000
Dividends	0	0	692 000	0
Other Current Debt	82 000	81 000	59 000	160 000
Total Current Debt	847 000	1 106 000	1 399 000	598 000
Total Equity and Debt	3 529 000	3 271 000	2 708 000	1 874 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,33 %	39,76 %	55,03 %	−18,25 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	16,54 %	25,9 %	28,61 %	−9,1 %
Current Ratio	3,94	2,79	1,84	2,98
Quick Ratio	6,63	3,65	2,13	4,13
Equity Ratio	0,76	0,66	0,48	0,68
Gross Profit Margin	54,46 %	56,79 %	57,6 %	49,89 %