KURT HAGANE HOLDING AS

4985 VEGÅRSHEI

Finances

Return on Equity

59,59 %

Current Ratio

34,28

Debt-to-Equity Ratio

0,37

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	94 000	102 000	102 000
Net Income	3 174 000	−7 000	−237 000	−29 000
Total Assets	7 318 000	3 826 000	4 035 000	4 307 000
Total Equity	5 326 000	2 152 000	2 309 000	2 546 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	94 000	102 000	102 000
Expenditure	64 000	44 000	249 000	67 000
Operating Profit	57 000	50 000	−147 000	35 000
Financial Income	3 206 000	0	0	0
Financial Costs	89 000	62 000	90 000	65 000
Financial Balance	3 117 000	−62 000	−90 000	−65 000
Earnings Before Tax	3 174 000	−12 000	−237 000	−29 000
Tax	0	−5 000	0	0
Net Income	3 174 000	−7 000	−237 000	−29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 702 000	3 306 000	3 506 000	4 264 000
Total Current Assets	617 000	520 000	529 000	43 000
Total Assets	7 318 000	3 826 000	4 035 000	4 307 000
Total Retained Equity	5 215 000	2 041 000	2 197 000	2 435 000
Total Equity	5 326 000	2 152 000	2 309 000	2 546 000
Total Long-Term Debt	1 974 000	1 667 000	1 715 000	1 750 000
Total Current Debt	18 000	8 000	11 000	11 000
Total Equity and Debt	7 318 000	3 826 000	4 035 000	4 307 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	92 000	94 000	102 000	102 000
Other Income	29 000	0	0	0
Revenue	120 000	94 000	102 000	102 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	64 000	44 000	249 000	67 000
Operating Profit	57 000	50 000	−147 000	35 000
Financial Income	3 206 000	0	0	0
Financial Costs	89 000	62 000	90 000	65 000
Financial Balance	3 117 000	−62 000	−90 000	−65 000
Dividends	0	0	0	0
Net Income	3 174 000	−7 000	−237 000	−29 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 564 000	2 053 000	2 053 000	2 053 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 564 000	2 053 000	2 053 000	2 053 000
Total Fiancial Fixed Assets	4 138 000	1 253 000	1 453 000	2 212 000
Total Fixed Assets	6 702 000	3 306 000	3 506 000	4 264 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	572 000	511 000	515 000	34 000
Total Current Assets	617 000	520 000	529 000	43 000
Total Assets	7 318 000	3 826 000	4 035 000	4 307 000
Total Equity	5 326 000	2 152 000	2 309 000	2 546 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 974 000	1 667 000	1 715 000	1 750 000
Creditors	6 000	2 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 000	6 000	11 000	11 000
Total Current Debt	18 000	8 000	11 000	11 000
Total Equity and Debt	7 318 000	3 826 000	4 035 000	4 307 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,59 %	−0,33 %	−10,26 %	−1,14 %
Debt-to-Equity Ratio	0,37	0,77	0,74	0,69
Operating Profit Margin	47,5 %	53,19 %	−144,12 %	34,31 %
Current Ratio	34,28	65	48,09	3,91
Quick Ratio	34,28	65	48,09	3,91
Equity Ratio	0,73	0,56	0,57	0,59
Gross Profit Margin	100 %	100 %	100 %	100 %