HÅRSVEISEN AS

4130 HJELMELAND

Finances

Share Ownership

Return on Equity

16,13 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	871 000	899 000	892 000	922 000
Net Income	20 000	42 000	19 000	57 000
Total Assets	332 000	289 000	274 000	305 000
Total Equity	124 000	124 000	113 000	114 000

Income (NOK)	2022	2021	2020	2019
Revenue	871 000	899 000	892 000	922 000
Expenditure	846 000	845 000	867 000	849 000
Operating Profit	25 000	55 000	25 000	73 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	0	−1 000	0	0
Earnings Before Tax	25 000	54 000	24 000	73 000
Tax	6 000	12 000	5 000	16 000
Net Income	20 000	42 000	19 000	57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	332 000	289 000	274 000	305 000
Total Assets	332 000	289 000	274 000	305 000
Total Retained Equity	19 000	19 000	7 000	9 000
Total Equity	124 000	124 000	113 000	114 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	208 000	165 000	162 000	191 000
Total Equity and Debt	332 000	289 000	274 000	305 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	871 000	899 000	880 000	922 000
Other Income	0	0	12 000	0
Revenue	871 000	899 000	892 000	922 000
Cost of Goods Sold	101 000	110 000	128 000	122 000
Salary Costs	573 000	578 000	570 000	551 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	846 000	845 000	867 000	849 000
Operating Profit	25 000	55 000	25 000	73 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	0	−1 000	0	0
Dividends	20 000	30 000	20 000	56 000
Net Income	20 000	42 000	19 000	57 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	40 000	50 000	50 000	71 000
Total Investments	0	0	0	0
Cash, Bank	292 000	239 000	224 000	234 000
Total Current Assets	332 000	289 000	274 000	305 000
Total Assets	332 000	289 000	274 000	305 000
Total Equity	124 000	124 000	113 000	114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	39 000	4 000	7 000	7 000
Unpaid Taxes	54 000	50 000	62 000	57 000
Dividends	20 000	30 000	20 000	56 000
Other Current Debt	90 000	70 000	67 000	55 000
Total Current Debt	208 000	165 000	162 000	191 000
Total Equity and Debt	332 000	289 000	274 000	305 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,13 %	33,87 %	16,81 %	50 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,87 %	6,12 %	2,8 %	7,92 %
Current Ratio	1,6	1,75	1,69	1,6
Quick Ratio	1,98	2,51	2,45	2,54
Equity Ratio	0,37	0,43	0,41	0,37
Gross Profit Margin	88,4 %	87,76 %	85,65 %	86,77 %