HAAKON KVESTAD AS

5776 NÅ

Finances

Return on Equity

−6,17 %

Current Ratio

1,94

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 747 000	8 237 000	10 614 000	12 047 000
Net Income	−220 000	160 000	144 000	190 000
Total Assets	6 488 000	7 250 000	7 284 000	8 520 000
Total Equity	3 564 000	3 784 000	3 624 000	3 480 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 747 000	8 237 000	10 614 000	12 047 000
Expenditure	8 000 000	7 993 000	10 367 000	11 724 000
Operating Profit	−254 000	245 000	248 000	323 000
Financial Income	36 000	9 000	9 000	16 000
Financial Costs	62 000	47 000	72 000	95 000
Financial Balance	−26 000	−38 000	−63 000	−79 000
Earnings Before Tax	−280 000	208 000	185 000	244 000
Tax	−60 000	47 000	41 000	54 000
Net Income	−220 000	160 000	144 000	190 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 426 000	3 680 000	2 880 000	3 115 000
Total Current Assets	3 061 000	3 570 000	4 404 000	5 405 000
Total Assets	6 488 000	7 250 000	7 284 000	8 520 000
Total Retained Equity	3 464 000	3 684 000	3 524 000	3 380 000
Total Equity	3 564 000	3 784 000	3 624 000	3 480 000
Total Long-Term Debt	1 346 000	1 499 000	1 654 000	2 200 000
Total Current Debt	1 578 000	1 966 000	2 007 000	2 840 000
Total Equity and Debt	6 488 000	7 250 000	7 284 000	8 520 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 747 000	8 236 000	10 222 000	12 047 000
Other Income	0	1 000	392 000	0
Revenue	7 747 000	8 237 000	10 614 000	12 047 000
Cost of Goods Sold	2 079 000	1 495 000	3 022 000	3 799 000
Salary Costs	4 480 000	4 972 000	5 748 000	6 280 000
Depreciation	347 000	389 000	369 000	417 000
Impairment	0	0	0	0
Expenditure	8 000 000	7 993 000	10 367 000	11 724 000
Operating Profit	−254 000	245 000	248 000	323 000
Financial Income	36 000	9 000	9 000	16 000
Financial Costs	62 000	47 000	72 000	95 000
Financial Balance	−26 000	−38 000	−63 000	−79 000
Dividends	0	0	0	0
Net Income	−220 000	160 000	144 000	190 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	113 000	52 000	13 000	71 000
Real Eastate	1 835 000	1 940 000	2 044 000	2 148 000
Machinery and Plant Facilities	194 000	380 000	570 000	552 000
Fixtures	14 000	70 000	141 000	231 000
Total Tangible Assets	2 042 000	2 389 000	2 755 000	2 931 000
Total Fiancial Fixed Assets	1 271 000	1 238 000	112 000	112 000
Total Fixed Assets	3 426 000	3 680 000	2 880 000	3 115 000
Stock	403 000	619 000	480 000	461 000
Total Investments	0	0	0	0
Cash, Bank	1 072 000	694 000	660 000	1 370 000
Total Current Assets	3 061 000	3 570 000	4 404 000	5 405 000
Total Assets	6 488 000	7 250 000	7 284 000	8 520 000
Total Equity	3 564 000	3 784 000	3 624 000	3 480 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 346 000	1 499 000	1 654 000	2 200 000
Creditors	122 000	267 000	150 000	403 000
Unpaid Taxes	724 000	779 000	937 000	1 243 000
Dividends	0	0	0	0
Other Current Debt	731 000	833 000	920 000	1 125 000
Total Current Debt	1 578 000	1 966 000	2 007 000	2 840 000
Total Equity and Debt	6 488 000	7 250 000	7 284 000	8 520 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,17 %	4,23 %	3,97 %	5,46 %
Debt-to-Equity Ratio	0,38	0,4	0,46	0,63
Operating Profit Margin	−3,28 %	2,97 %	2,34 %	2,68 %
Current Ratio	1,94	1,82	2,19	1,9
Quick Ratio	2,61	2,65	2,88	2,27
Equity Ratio	0,55	0,52	0,5	0,41
Gross Profit Margin	73,16 %	81,85 %	71,53 %	68,47 %