HAUGALAND VEKST IKS

5527 HAUGESUND

Finances

Return on Equity

16,92 %

Current Ratio

9,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 899 000	11 528 000	12 618 000	13 230 000
Net Income	1 852 000	−117 000	119 000	−62 000
Total Assets	12 188 000	13 775 000	15 895 000	14 534 000
Total Equity	10 946 000	9 443 000	9 412 000	9 880 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 899 000	11 528 000	12 618 000	13 230 000
Expenditure	12 128 000	11 656 000	12 524 000	13 327 000
Operating Profit	1 772 000	−127 000	94 000	−97 000
Financial Income	87 000	13 000	27 000	50 000
Financial Costs	6 000	3 000	2 000	15 000
Financial Balance	81 000	10 000	25 000	35 000
Earnings Before Tax	1 852 000	−117 000	119 000	−62 000
Tax	0	0	0	0
Net Income	1 852 000	−117 000	119 000	−62 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	251 000	220 000	155 000	98 000
Total Current Assets	11 937 000	13 555 000	15 741 000	14 435 000
Total Assets	12 188 000	13 775 000	15 895 000	14 534 000
Total Retained Equity	9 846 000	8 343 000	8 312 000	8 780 000
Total Equity	10 946 000	9 443 000	9 412 000	9 880 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 242 000	4 331 000	6 484 000	4 653 000
Total Equity and Debt	12 188 000	13 775 000	15 895 000	14 534 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 468 000	10 064 000	9 596 000	9 433 000
Other Income	3 431 000	1 464 000	3 022 000	3 798 000
Revenue	13 899 000	11 528 000	12 618 000	13 230 000
Cost of Goods Sold	124 000	58 000	1 000	0
Salary Costs	7 226 000	6 833 000	7 324 000	7 058 000
Depreciation	6 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	12 128 000	11 656 000	12 524 000	13 327 000
Operating Profit	1 772 000	−127 000	94 000	−97 000
Financial Income	87 000	13 000	27 000	50 000
Financial Costs	6 000	3 000	2 000	15 000
Financial Balance	81 000	10 000	25 000	35 000
Dividends	0	0	0	0
Net Income	1 852 000	−117 000	119 000	−62 000

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	24 000	30 000	0	0
Total Tangible Assets	24 000	30 000	0	0
Total Fiancial Fixed Assets	228 000	190 000	155 000	98 000
Total Fixed Assets	251 000	220 000	155 000	98 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 434 000	12 580 000	15 083 000	11 970 000
Total Current Assets	11 937 000	13 555 000	15 741 000	14 435 000
Total Assets	12 188 000	13 775 000	15 895 000	14 534 000
Total Equity	10 946 000	9 443 000	9 412 000	9 880 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	94 000	194 000	287 000	668 000
Unpaid Taxes	755 000	75 000	172 000	−111 000
Dividends	0	0	0	0
Other Current Debt	393 000	4 062 000	6 025 000	4 097 000
Total Current Debt	1 242 000	4 331 000	6 484 000	4 653 000
Total Equity and Debt	12 188 000	13 775 000	15 895 000	14 534 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,92 %	−1,24 %	1,26 %	−0,63 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,75 %	−1,1 %	0,74 %	−0,73 %
Current Ratio	9,61	3,13	2,43	3,1
Quick Ratio	9,61	3,13	2,43	3,1
Equity Ratio	0,9	0,69	0,59	0,68
Gross Profit Margin	99,11 %	99,5 %	99,99 %	100 %