HAGELAND KUNST- OG METALLSTØPERI AS

4519 HOLUM

Finances

Share Ownership

Return on Equity

18,99 %

Current Ratio

2,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 652 000	2 040 000	1 198 000	2 052 000
Net Income	447 000	334 000	−336 000	400 000
Total Assets	3 505 000	2 617 000	2 155 000	2 679 000
Total Equity	2 354 000	1 907 000	1 573 000	1 909 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 652 000	2 040 000	1 198 000	2 052 000
Expenditure	2 120 000	1 617 000	1 606 000	1 544 000
Operating Profit	572 000	428 000	−433 000	509 000
Financial Income	4 000	1 000	3 000	4 000
Financial Costs	0	0	0	0
Financial Balance	4 000	1 000	3 000	4 000
Earnings Before Tax	575 000	428 000	−430 000	512 000
Tax	128 000	95 000	−95 000	113 000
Net Income	447 000	334 000	−336 000	400 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	250 000	66 000	97 000	129 000
Total Current Assets	3 255 000	2 551 000	2 058 000	2 550 000
Total Assets	3 505 000	2 617 000	2 155 000	2 679 000
Total Retained Equity	2 054 000	1 607 000	1 273 000	1 609 000
Total Equity	2 354 000	1 907 000	1 573 000	1 909 000
Total Long-Term Debt	0	0	0	5 000
Total Current Debt	1 150 000	710 000	582 000	765 000
Total Equity and Debt	3 505 000	2 617 000	2 155 000	2 679 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 649 000	2 040 000	1 198 000	2 052 000
Other Income	3 000	0	0	0
Revenue	2 652 000	2 040 000	1 198 000	2 052 000
Cost of Goods Sold	358 000	257 000	243 000	202 000
Salary Costs	1 189 000	1 017 000	1 008 000	971 000
Depreciation	85 000	32 000	32 000	32 000
Impairment	0	0	0	0
Expenditure	2 120 000	1 617 000	1 606 000	1 544 000
Operating Profit	572 000	428 000	−433 000	509 000
Financial Income	4 000	1 000	3 000	4 000
Financial Costs	0	0	0	0
Financial Balance	4 000	1 000	3 000	4 000
Dividends	0	0	0	0
Net Income	447 000	334 000	−336 000	400 000

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	34 000	66 000	97 000	129 000
Fixtures	215 000	0	0	0
Total Tangible Assets	250 000	66 000	97 000	129 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	250 000	66 000	97 000	129 000
Stock	199 000	183 000	55 000	84 000
Total Investments	0	0	0	0
Cash, Bank	2 349 000	2 039 000	1 585 000	2 133 000
Total Current Assets	3 255 000	2 551 000	2 058 000	2 550 000
Total Assets	3 505 000	2 617 000	2 155 000	2 679 000
Total Equity	2 354 000	1 907 000	1 573 000	1 909 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	5 000
Creditors	57 000	19 000	11 000	7 000
Unpaid Taxes	216 000	135 000	139 000	252 000
Dividends	0	0	0	0
Other Current Debt	749 000	459 000	433 000	395 000
Total Current Debt	1 150 000	710 000	582 000	765 000
Total Equity and Debt	3 505 000	2 617 000	2 155 000	2 679 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,99 %	17,51 %	−21,36 %	20,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	21,57 %	20,98 %	−36,14 %	24,81 %
Current Ratio	2,83	3,59	3,54	3,33
Quick Ratio	3,42	4,84	3,91	3,74
Equity Ratio	0,67	0,73	0,73	0,71
Gross Profit Margin	86,5 %	87,4 %	79,72 %	90,16 %