HAVDRØN AS

5259 HJELLESTAD

Finances

Return on Equity

20,8 %

Current Ratio

1,94

Debt-to-Equity Ratio

2,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	117 979 000	118 407 000	90 793 000	88 570 000
Net Income	20 262 000	15 320 000	12 393 000	8 868 000
Total Assets	314 208 000	266 627 000	270 455 000	269 648 000
Total Equity	97 397 000	77 135 000	73 815 000	65 922 000

Income (NOK)	2022	2021	2020	2019
Revenue	117 979 000	118 407 000	90 793 000	88 570 000
Expenditure	86 056 000	93 555 000	68 687 000	69 495 000
Operating Profit	31 923 000	24 853 000	22 106 000	19 075 000
Financial Income	692 000	383 000	305 000	373 000
Financial Costs	6 586 000	5 531 000	6 469 000	8 041 000
Financial Balance	−5 894 000	−5 148 000	−6 164 000	−7 668 000
Earnings Before Tax	26 030 000	19 705 000	15 941 000	11 407 000
Tax	5 768 000	4 386 000	3 548 000	2 539 000
Net Income	20 262 000	15 320 000	12 393 000	8 868 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	274 299 000	213 462 000	226 704 000	233 490 000
Total Current Assets	39 909 000	53 165 000	43 751 000	36 158 000
Total Assets	314 208 000	266 627 000	270 455 000	269 648 000
Total Retained Equity	96 581 000	76 319 000	72 999 000	65 106 000
Total Equity	97 397 000	77 135 000	73 815 000	65 922 000
Total Long-Term Debt	196 233 000	161 473 000	176 553 000	191 145 000
Total Current Debt	20 578 000	28 019 000	20 087 000	12 581 000
Total Equity and Debt	314 208 000	266 627 000	270 455 000	269 648 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	114 491 000	117 773 000	90 693 000	88 485 000
Other Income	3 488 000	634 000	100 000	85 000
Revenue	117 979 000	118 407 000	90 793 000	88 570 000
Cost of Goods Sold	0	0	0	0
Salary Costs	40 429 000	41 036 000	34 939 000	33 661 000
Depreciation	14 261 000	13 990 000	13 206 000	12 855 000
Impairment	0	0	0	0
Expenditure	86 056 000	93 555 000	68 687 000	69 495 000
Operating Profit	31 923 000	24 853 000	22 106 000	19 075 000
Financial Income	692 000	383 000	305 000	373 000
Financial Costs	6 586 000	5 531 000	6 469 000	8 041 000
Financial Balance	−5 894 000	−5 148 000	−6 164 000	−7 668 000
Dividends	0	12 000 000	4 500 000	0
Net Income	20 262 000	15 320 000	12 393 000	8 868 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	179 626 000	133 496 000	140 367 000	147 237 000
Real Eastate	125 000	130 000	136 000	141 000
Machinery and Plant Facilities	322 000	422 000	444 000	528 000
Fixtures	5 047 000	5 979 000	7 543 000	3 438 000
Total Tangible Assets	58 522 000	64 512 000	71 055 000	71 992 000
Total Fiancial Fixed Assets	36 152 000	15 453 000	15 282 000	14 261 000
Total Fixed Assets	274 299 000	213 462 000	226 704 000	233 490 000
Stock	2 482 000	789 000	938 000	748 000
Total Investments	0	0	0	0
Cash, Bank	37 120 000	52 088 000	42 428 000	32 412 000
Total Current Assets	39 909 000	53 165 000	43 751 000	36 158 000
Total Assets	314 208 000	266 627 000	270 455 000	269 648 000
Total Equity	97 397 000	77 135 000	73 815 000	65 922 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	196 233 000	161 473 000	176 553 000	191 145 000
Creditors	1 459 000	1 431 000	8 118 000	2 541 000
Unpaid Taxes	12 293 000	9 695 000	8 609 000	7 463 000
Dividends	0	12 000 000	4 500 000	0
Other Current Debt	668 000	277 000	70 000	186 000
Total Current Debt	20 578 000	28 019 000	20 087 000	12 581 000
Total Equity and Debt	314 208 000	266 627 000	270 455 000	269 648 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,8 %	19,86 %	16,79 %	13,45 %
Debt-to-Equity Ratio	2,01	2,09	2,39	2,9
Operating Profit Margin	27,06 %	20,99 %	24,35 %	21,54 %
Current Ratio	1,94	1,9	2,18	2,87
Quick Ratio	2,21	1,95	2,28	3,06
Equity Ratio	0,31	0,29	0,27	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %