HAGEN VVS AS

0579 OSLO

Finances

Return on Equity

126,8 %

Current Ratio

1,13

Debt-to-Equity Ratio

1,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 717 000	12 216 000	13 558 000	11 733 000
Net Income	899 000	791 000	1 561 000	1 067 000
Total Assets	4 918 000	5 342 000	5 420 000	3 635 000
Total Equity	709 000	909 000	1 218 000	958 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 717 000	12 216 000	13 558 000	11 733 000
Expenditure	13 525 000	11 185 000	11 551 000	10 341 000
Operating Profit	1 193 000	1 032 000	2 006 000	1 392 000
Financial Income	24 000	25 000	19 000	16 000
Financial Costs	54 000	37 000	20 000	35 000
Financial Balance	−30 000	−12 000	−1 000	−19 000
Earnings Before Tax	1 163 000	1 020 000	2 004 000	1 374 000
Tax	263 000	229 000	443 000	306 000
Net Income	899 000	791 000	1 561 000	1 067 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 191 000	1 666 000	1 022 000	828 000
Total Current Assets	3 727 000	3 676 000	4 398 000	2 807 000
Total Assets	4 918 000	5 342 000	5 420 000	3 635 000
Total Retained Equity	559 000	759 000	1 068 000	808 000
Total Equity	709 000	909 000	1 218 000	958 000
Total Long-Term Debt	900 000	1 419 000	724 000	431 000
Total Current Debt	3 310 000	3 014 000	3 478 000	2 246 000
Total Equity and Debt	4 918 000	5 342 000	5 420 000	3 635 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 717 000	11 797 000	13 558 000	11 733 000
Other Income	0	420 000	0	0
Revenue	14 717 000	12 216 000	13 558 000	11 733 000
Cost of Goods Sold	7 072 000	5 720 000	5 958 000	5 286 000
Salary Costs	4 058 000	3 463 000	3 690 000	3 202 000
Depreciation	475 000	479 000	383 000	364 000
Impairment	0	0	0	0
Expenditure	13 525 000	11 185 000	11 551 000	10 341 000
Operating Profit	1 193 000	1 032 000	2 006 000	1 392 000
Financial Income	24 000	25 000	19 000	16 000
Financial Costs	54 000	37 000	20 000	35 000
Financial Balance	−30 000	−12 000	−1 000	−19 000
Dividends	1 100 000	1 100 000	1 300 000	600 000
Net Income	899 000	791 000	1 561 000	1 067 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	5 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 171 000	1 646 000	997 000	808 000
Fixtures	0	0	0	0
Total Tangible Assets	1 171 000	1 646 000	997 000	808 000
Total Fiancial Fixed Assets	20 000	20 000	20 000	20 000
Total Fixed Assets	1 191 000	1 666 000	1 022 000	828 000
Stock	88 000	125 000	125 000	125 000
Total Investments	0	0	0	0
Cash, Bank	1 813 000	2 257 000	2 872 000	1 962 000
Total Current Assets	3 727 000	3 676 000	4 398 000	2 807 000
Total Assets	4 918 000	5 342 000	5 420 000	3 635 000
Total Equity	709 000	909 000	1 218 000	958 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	900 000	1 419 000	724 000	431 000
Creditors	733 000	601 000	468 000	359 000
Unpaid Taxes	863 000	880 000	947 000	700 000
Dividends	1 100 000	1 100 000	1 300 000	600 000
Other Current Debt	289 000	274 000	295 000	241 000
Total Current Debt	3 310 000	3 014 000	3 478 000	2 246 000
Total Equity and Debt	4 918 000	5 342 000	5 420 000	3 635 000

Financial indicators	2022	2021	2020	2019
Return on Equity	126,8 %	87,02 %	128,16 %	111,38 %
Debt-to-Equity Ratio	1,27	1,56	0,59	0,45
Operating Profit Margin	8,11 %	8,45 %	14,8 %	11,86 %
Current Ratio	1,13	1,22	1,26	1,25
Quick Ratio	1,16	1,27	1,31	1,32
Equity Ratio	0,14	0,17	0,22	0,26
Gross Profit Margin	51,95 %	53,18 %	56,06 %	54,95 %