HAUGEN HOLDING AS

3943 PORSGRUNN

Finances

Return on Equity

55,1 %

Current Ratio

1,88

Debt-to-Equity Ratio

1,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	45 058 000	30 260 000	28 851 000	38 991 000
Net Income	2 646 000	815 000	2 968 000	2 473 000
Total Assets	23 008 000	13 092 000	22 435 000	30 760 000
Total Equity	4 802 000	2 157 000	3 841 000	873 000

Income (NOK)	2022	2021	2020	2019
Revenue	45 058 000	30 260 000	28 851 000	38 991 000
Expenditure	40 732 000	28 485 000	24 525 000	35 544 000
Operating Profit	4 326 000	1 774 000	4 327 000	3 448 000
Financial Income	3 000	1 000	175 000	0
Financial Costs	809 000	982 000	695 000	273 000
Financial Balance	−806 000	−981 000	−520 000	−273 000
Earnings Before Tax	3 520 000	794 000	3 806 000	3 175 000
Tax	874 000	−22 000	839 000	702 000
Net Income	2 646 000	815 000	2 968 000	2 473 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 008 000	6 221 000	5 329 000	4 039 000
Total Current Assets	17 000 000	6 872 000	17 106 000	26 721 000
Total Assets	23 008 000	13 092 000	22 435 000	30 760 000
Total Retained Equity	4 697 000	2 051 000	3 736 000	768 000
Total Equity	4 802 000	2 157 000	3 841 000	873 000
Total Long-Term Debt	9 145 000	4 825 000	13 371 000	13 893 000
Total Current Debt	9 061 000	6 111 000	5 223 000	15 993 000
Total Equity and Debt	23 008 000	13 092 000	22 435 000	30 760 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	44 527 000	30 260 000	28 851 000	38 930 000
Other Income	531 000	0	0	61 000
Revenue	45 058 000	30 260 000	28 851 000	38 991 000
Cost of Goods Sold	38 253 000	26 574 000	23 733 000	34 237 000
Salary Costs	359 000	219 000	−422 000	231 000
Depreciation	789 000	704 000	437 000	210 000
Impairment	0	0	0	0
Expenditure	40 732 000	28 485 000	24 525 000	35 544 000
Operating Profit	4 326 000	1 774 000	4 327 000	3 448 000
Financial Income	3 000	1 000	175 000	0
Financial Costs	809 000	982 000	695 000	273 000
Financial Balance	−806 000	−981 000	−520 000	−273 000
Dividends	0	3 000 000	0	0
Net Income	2 646 000	815 000	2 968 000	2 473 000

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	2 985 000	3 198 000	2 307 000	1 016 000
Total Tangible Assets	2 985 000	3 198 000	2 307 000	1 016 000
Total Fiancial Fixed Assets	3 023 000	3 023 000	3 023 000	3 023 000
Total Fixed Assets	6 008 000	6 221 000	5 329 000	4 039 000
Stock	10 954 000	2 500 000	11 040 000	21 070 000
Total Investments	0	0	0	0
Cash, Bank	2 539 000	765 000	485 000	561 000
Total Current Assets	17 000 000	6 872 000	17 106 000	26 721 000
Total Assets	23 008 000	13 092 000	22 435 000	30 760 000
Total Equity	4 802 000	2 157 000	3 841 000	873 000
Short-Term Group Debt	504 000	671 000	0	0
Total Long-Term Debt	9 145 000	4 825 000	13 371 000	13 893 000
Creditors	882 000	552 000	279 000	337 000
Unpaid Taxes	75 000	50 000	78 000	47 000
Dividends	0	3 000 000	0	0
Other Current Debt	6 821 000	4 613 000	3 547 000	14 425 000
Total Current Debt	9 061 000	6 111 000	5 223 000	15 993 000
Total Equity and Debt	23 008 000	13 092 000	22 435 000	30 760 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,1 %	37,78 %	77,27 %	283,28 %
Debt-to-Equity Ratio	1,9	2,24	3,48	15,91
Operating Profit Margin	9,6 %	5,86 %	15 %	8,84 %
Current Ratio	1,88	1,12	3,28	1,67
Quick Ratio	−8,98	1,9	−2,94	−5,26
Equity Ratio	0,21	0,16	0,17	0,03
Gross Profit Margin	15,1 %	12,18 %	17,74 %	12,19 %