HAUGEN & REITAN AS

6422 MOLDE

Finances

Share Ownership

Return on Equity

13,2 %

Current Ratio

2,19

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 744 000	7 490 000	10 166 000	7 213 000
Net Income	571 000	278 000	992 000	390 000
Total Assets	7 301 000	6 608 000	6 194 000	4 742 000
Total Equity	4 327 000	3 945 000	4 133 000	3 441 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 744 000	7 490 000	10 166 000	7 213 000
Expenditure	7 953 000	7 122 000	8 904 000	6 483 000
Operating Profit	791 000	368 000	1 261 000	729 000
Financial Income	4 000	0	11 000	15 000
Financial Costs	63 000	11 000	0	190 000
Financial Balance	−59 000	−11 000	11 000	−175 000
Earnings Before Tax	732 000	357 000	1 272 000	554 000
Tax	161 000	79 000	280 000	164 000
Net Income	571 000	278 000	992 000	390 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 874 000	3 393 000	2 472 000	1 619 000
Total Current Assets	3 428 000	3 215 000	3 722 000	3 123 000
Total Assets	7 301 000	6 608 000	6 194 000	4 742 000
Total Retained Equity	4 093 000	3 711 000	3 833 000	3 141 000
Total Equity	4 327 000	3 945 000	4 133 000	3 441 000
Total Long-Term Debt	1 407 000	1 195 000	170 000	122 000
Total Current Debt	1 567 000	1 468 000	1 891 000	1 180 000
Total Equity and Debt	7 301 000	6 608 000	6 194 000	4 742 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 334 000	7 479 000	10 161 000	7 209 000
Other Income	410 000	11 000	5 000	4 000
Revenue	8 744 000	7 490 000	10 166 000	7 213 000
Cost of Goods Sold	2 386 000	2 089 000	4 323 000	1 925 000
Salary Costs	3 406 000	3 108 000	2 999 000	2 844 000
Depreciation	548 000	409 000	278 000	197 000
Impairment	0	0	0	0
Expenditure	7 953 000	7 122 000	8 904 000	6 483 000
Operating Profit	791 000	368 000	1 261 000	729 000
Financial Income	4 000	0	11 000	15 000
Financial Costs	63 000	11 000	0	190 000
Financial Balance	−59 000	−11 000	11 000	−175 000
Dividends	189 000	90 000	300 000	130 000
Net Income	571 000	278 000	992 000	390 000

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	2 349 000	1 689 000	2 035 000	1 141 000
Fixtures	1 524 000	1 705 000	60 000	59 000
Total Tangible Assets	3 874 000	3 393 000	2 095 000	1 201 000
Total Fiancial Fixed Assets	0	0	376 000	419 000
Total Fixed Assets	3 874 000	3 393 000	2 472 000	1 619 000
Stock	35 000	34 000	32 000	31 000
Total Investments	0	0	0	0
Cash, Bank	1 539 000	1 558 000	2 077 000	2 046 000
Total Current Assets	3 428 000	3 215 000	3 722 000	3 123 000
Total Assets	7 301 000	6 608 000	6 194 000	4 742 000
Total Equity	4 327 000	3 945 000	4 133 000	3 441 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 407 000	1 195 000	170 000	122 000
Creditors	339 000	498 000	367 000	192 000
Unpaid Taxes	642 000	551 000	530 000	525 000
Dividends	189 000	90 000	300 000	130 000
Other Current Debt	346 000	309 000	462 000	293 000
Total Current Debt	1 567 000	1 468 000	1 891 000	1 180 000
Total Equity and Debt	7 301 000	6 608 000	6 194 000	4 742 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,2 %	7,05 %	24 %	11,33 %
Debt-to-Equity Ratio	0,33	0,3	0,04	0,04
Operating Profit Margin	9,05 %	4,91 %	12,4 %	10,11 %
Current Ratio	2,19	2,19	1,97	2,65
Quick Ratio	2,24	2,24	2	2,72
Equity Ratio	0,59	0,6	0,67	0,73
Gross Profit Margin	72,71 %	72,11 %	57,48 %	73,31 %