HAUGESTØL VVS AS

3800 BØ I TELEMARK

Finances

Return on Equity

40,45 %

Current Ratio

3,26

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 930 000	30 983 000	21 625 000	20 268 000
Net Income	3 765 000	1 175 000	−354 000	1 887 000
Total Assets	15 020 000	15 378 000	14 543 000	17 151 000
Total Equity	9 307 000	5 542 000	4 534 000	8 261 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 930 000	30 983 000	21 625 000	20 268 000
Expenditure	20 935 000	29 463 000	21 933 000	18 885 000
Operating Profit	2 995 000	1 520 000	−308 000	1 383 000
Financial Income	1 521 000	109 000	268 000	944 000
Financial Costs	79 000	122 000	382 000	142 000
Financial Balance	1 442 000	−13 000	−114 000	802 000
Earnings Before Tax	4 437 000	1 507 000	−422 000	2 185 000
Tax	672 000	332 000	−67 000	297 000
Net Income	3 765 000	1 175 000	−354 000	1 887 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	278 000	1 603 000	1 716 000	2 098 000
Total Current Assets	14 742 000	13 775 000	12 827 000	15 054 000
Total Assets	15 020 000	15 378 000	14 543 000	17 151 000
Total Retained Equity	8 605 000	4 839 000	3 832 000	7 731 000
Total Equity	9 307 000	5 542 000	4 534 000	8 261 000
Total Long-Term Debt	1 192 000	3 737 000	4 119 000	3 366 000
Total Current Debt	4 521 000	6 100 000	5 890 000	5 524 000
Total Equity and Debt	15 020 000	15 378 000	14 543 000	17 151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 735 000	30 901 000	21 548 000	20 259 000
Other Income	195 000	82 000	78 000	9 000
Revenue	23 930 000	30 983 000	21 625 000	20 268 000
Cost of Goods Sold	11 150 000	19 106 000	11 256 000	9 211 000
Salary Costs	6 582 000	7 281 000	7 694 000	6 879 000
Depreciation	10 000	112 000	253 000	314 000
Impairment	0	0	0	0
Expenditure	20 935 000	29 463 000	21 933 000	18 885 000
Operating Profit	2 995 000	1 520 000	−308 000	1 383 000
Financial Income	1 521 000	109 000	268 000	944 000
Financial Costs	79 000	122 000	382 000	142 000
Financial Balance	1 442 000	−13 000	−114 000	802 000
Dividends	0	0	3 545 000	600 000
Net Income	3 765 000	1 175 000	−354 000	1 887 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	34 000	31 000	12 000
Real Eastate	0	0	60 000	161 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	64 000	0	61 000	241 000
Total Tangible Assets	64 000	0	121 000	401 000
Total Fiancial Fixed Assets	207 000	1 569 000	1 564 000	1 684 000
Total Fixed Assets	278 000	1 603 000	1 716 000	2 098 000
Stock	2 496 000	2 181 000	2 156 000	2 144 000
Total Investments	0	0	0	3 446 000
Cash, Bank	1 979 000	1 451 000	2 482 000	3 113 000
Total Current Assets	14 742 000	13 775 000	12 827 000	15 054 000
Total Assets	15 020 000	15 378 000	14 543 000	17 151 000
Total Equity	9 307 000	5 542 000	4 534 000	8 261 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 192 000	3 737 000	4 119 000	3 366 000
Creditors	1 388 000	2 915 000	2 861 000	1 167 000
Unpaid Taxes	1 174 000	1 023 000	1 201 000	1 210 000
Dividends	0	0	3 545 000	600 000
Other Current Debt	1 314 000	1 874 000	1 828 000	3 147 000
Total Current Debt	4 521 000	6 100 000	5 890 000	5 524 000
Total Equity and Debt	15 020 000	15 378 000	14 543 000	17 151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,45 %	21,2 %	−7,81 %	22,84 %
Debt-to-Equity Ratio	0,13	0,67	0,91	0,41
Operating Profit Margin	12,52 %	4,91 %	−1,42 %	6,82 %
Current Ratio	3,26	2,26	2,18	2,73
Quick Ratio	7,28	3,51	3,44	4,45
Equity Ratio	0,62	0,36	0,31	0,48
Gross Profit Margin	53,41 %	38,33 %	47,95 %	54,55 %