HAG VEKST AS

8682 TROFORS

Finances

Share Ownership

Return on Equity

4,74 %

Current Ratio

13,71

Debt-to-Equity Ratio

0,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 714 000	4 491 000	5 182 000	6 312 000
Net Income	536 000	337 000	−106 000	253 000
Total Assets	16 014 000	16 699 000	11 076 000	11 414 000
Total Equity	11 317 000	10 780 000	10 443 000	10 549 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 714 000	4 491 000	5 182 000	6 312 000
Expenditure	4 078 000	4 164 000	5 401 000	6 206 000
Operating Profit	637 000	327 000	−219 000	106 000
Financial Income	74 000	32 000	114 000	147 000
Financial Costs	175 000	22 000	1 000	0
Financial Balance	−101 000	10 000	113 000	147 000
Earnings Before Tax	536 000	337 000	−106 000	253 000
Tax	0	0	0	0
Net Income	536 000	337 000	−106 000	253 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 486 000	8 180 000	3 443 000	370 000
Total Current Assets	8 529 000	8 519 000	7 633 000	11 044 000
Total Assets	16 014 000	16 699 000	11 076 000	11 414 000
Total Retained Equity	11 174 000	10 638 000	10 301 000	10 407 000
Total Equity	11 317 000	10 780 000	10 443 000	10 549 000
Total Long-Term Debt	4 075 000	4 246 000	0	0
Total Current Debt	622 000	1 673 000	633 000	865 000
Total Equity and Debt	16 014 000	16 699 000	11 076 000	11 414 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 184 000	1 095 000	845 000	1 006 000
Other Income	3 530 000	3 397 000	4 338 000	5 306 000
Revenue	4 714 000	4 491 000	5 182 000	6 312 000
Cost of Goods Sold	161 000	285 000	238 000	278 000
Salary Costs	2 564 000	2 505 000	3 245 000	3 729 000
Depreciation	262 000	172 000	90 000	95 000
Impairment	0	0	0	0
Expenditure	4 078 000	4 164 000	5 401 000	6 206 000
Operating Profit	637 000	327 000	−219 000	106 000
Financial Income	74 000	32 000	114 000	147 000
Financial Costs	175 000	22 000	1 000	0
Financial Balance	−101 000	10 000	113 000	147 000
Dividends	0	0	0	0
Net Income	536 000	337 000	−106 000	253 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	7 297 000	7 952 000	3 175 000	0
Machinery and Plant Facilities	105 000	177 000	250 000	324 000
Fixtures	84 000	51 000	18 000	46 000
Total Tangible Assets	7 486 000	8 180 000	3 443 000	370 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 486 000	8 180 000	3 443 000	370 000
Stock	322 000	253 000	347 000	352 000
Total Investments	0	0	0	0
Cash, Bank	6 938 000	6 545 000	6 558 000	9 285 000
Total Current Assets	8 529 000	8 519 000	7 633 000	11 044 000
Total Assets	16 014 000	16 699 000	11 076 000	11 414 000
Total Equity	11 317 000	10 780 000	10 443 000	10 549 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 075 000	4 246 000	0	0
Creditors	159 000	1 271 000	86 000	93 000
Unpaid Taxes	187 000	126 000	182 000	263 000
Dividends	0	0	0	0
Other Current Debt	277 000	277 000	365 000	509 000
Total Current Debt	622 000	1 673 000	633 000	865 000
Total Equity and Debt	16 014 000	16 699 000	11 076 000	11 414 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,74 %	3,13 %	−1,02 %	2,4 %
Debt-to-Equity Ratio	0,36	0,39	0	0
Operating Profit Margin	13,51 %	7,28 %	−4,23 %	1,68 %
Current Ratio	13,71	5,09	12,06	12,77
Quick Ratio	28,43	6	26,69	21,53
Equity Ratio	0,71	0,65	0,94	0,92
Gross Profit Margin	96,58 %	93,65 %	95,41 %	95,6 %