HÅKON VALLAND AS

5600 NORHEIMSUND

Finances

Share Ownership

Return on Equity

−29,06 %

Current Ratio

2,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 910 000	2 904 000	2 916 000	3 097 000
Net Income	−186 000	−28 000	53 000	−111 000
Total Assets	1 079 000	1 210 000	1 189 000	1 224 000
Total Equity	640 000	825 000	853 000	800 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 910 000	2 904 000	2 916 000	3 097 000
Expenditure	3 096 000	2 934 000	2 859 000	3 205 000
Operating Profit	−187 000	−32 000	57 000	−108 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	0	0	2 000	6 000
Financial Balance	1 000	1 000	−1 000	−4 000
Earnings Before Tax	−186 000	−31 000	56 000	−111 000
Tax	0	−3 000	3 000	0
Net Income	−186 000	−28 000	53 000	−111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	38 000	48 000
Total Current Assets	1 079 000	1 210 000	1 150 000	1 176 000
Total Assets	1 079 000	1 210 000	1 189 000	1 224 000
Total Retained Equity	540 000	725 000	753 000	700 000
Total Equity	640 000	825 000	853 000	800 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	439 000	385 000	335 000	424 000
Total Equity and Debt	1 079 000	1 210 000	1 189 000	1 224 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 896 000	2 908 000	2 869 000	3 077 000
Other Income	14 000	−4 000	47 000	20 000
Revenue	2 910 000	2 904 000	2 916 000	3 097 000
Cost of Goods Sold	1 533 000	1 455 000	1 493 000	1 663 000
Salary Costs	1 141 000	1 064 000	962 000	1 066 000
Depreciation	0	38 000	10 000	8 000
Impairment	0	0	0	0
Expenditure	3 096 000	2 934 000	2 859 000	3 205 000
Operating Profit	−187 000	−32 000	57 000	−108 000
Financial Income	1 000	1 000	1 000	2 000
Financial Costs	0	0	2 000	6 000
Financial Balance	1 000	1 000	−1 000	−4 000
Dividends	0	0	0	0
Net Income	−186 000	−28 000	53 000	−111 000

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	38 000	48 000
Total Tangible Assets	0	0	38 000	48 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	38 000	48 000
Stock	504 000	492 000	472 000	571 000
Total Investments	0	0	0	0
Cash, Bank	547 000	679 000	648 000	581 000
Total Current Assets	1 079 000	1 210 000	1 150 000	1 176 000
Total Assets	1 079 000	1 210 000	1 189 000	1 224 000
Total Equity	640 000	825 000	853 000	800 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	105 000	69 000	99 000	108 000
Unpaid Taxes	161 000	147 000	111 000	170 000
Dividends	0	0	0	0
Other Current Debt	172 000	172 000	123 000	145 000
Total Current Debt	439 000	385 000	335 000	424 000
Total Equity and Debt	1 079 000	1 210 000	1 189 000	1 224 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−29,06 %	−3,39 %	6,21 %	−13,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,43 %	−1,1 %	1,95 %	−3,49 %
Current Ratio	2,46	3,14	3,43	2,77
Quick Ratio	−16,6	−11,31	−8,39	−8
Equity Ratio	0,59	0,68	0,72	0,65
Gross Profit Margin	47,32 %	49,9 %	48,8 %	46,3 %