HAUGES BAKERI AS

4270 ÅKREHAMN

Finances

Share Ownership

Return on Equity

43,89 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 403 000	11 793 000	11 006 000	10 721 000
Net Income	994 000	686 000	912 000	593 000
Total Assets	4 438 000	4 128 000	3 765 000	2 902 000
Total Equity	2 265 000	1 270 000	1 585 000	973 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 403 000	11 793 000	11 006 000	10 721 000
Expenditure	12 137 000	10 918 000	9 841 000	9 910 000
Operating Profit	1 266 000	875 000	1 166 000	810 000
Financial Income	11 000	7 000	6 000	10 000
Financial Costs	3 000	3 000	3 000	58 000
Financial Balance	8 000	4 000	3 000	−48 000
Earnings Before Tax	1 275 000	879 000	1 169 000	761 000
Tax	280 000	193 000	257 000	167 000
Net Income	994 000	686 000	912 000	593 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	739 000	572 000	463 000	427 000
Total Current Assets	3 698 000	3 556 000	3 301 000	2 475 000
Total Assets	4 438 000	4 128 000	3 765 000	2 902 000
Total Retained Equity	2 214 000	1 219 000	1 534 000	922 000
Total Equity	2 265 000	1 270 000	1 585 000	973 000
Total Long-Term Debt	8 000	0	0	0
Total Current Debt	2 165 000	2 858 000	2 180 000	1 929 000
Total Equity and Debt	4 438 000	4 128 000	3 765 000	2 902 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 323 000	11 793 000	11 006 000	10 721 000
Other Income	80 000	0	0	0
Revenue	13 403 000	11 793 000	11 006 000	10 721 000
Cost of Goods Sold	3 971 000	3 377 000	3 140 000	3 032 000
Salary Costs	6 459 000	5 905 000	5 529 000	5 393 000
Depreciation	172 000	160 000	170 000	205 000
Impairment	0	0	0	0
Expenditure	12 137 000	10 918 000	9 841 000	9 910 000
Operating Profit	1 266 000	875 000	1 166 000	810 000
Financial Income	11 000	7 000	6 000	10 000
Financial Costs	3 000	3 000	3 000	58 000
Financial Balance	8 000	4 000	3 000	−48 000
Dividends	0	1 000 000	300 000	150 000
Net Income	994 000	686 000	912 000	593 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	20 000	29 000	30 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	739 000	553 000	435 000	384 000
Total Tangible Assets	739 000	553 000	435 000	384 000
Total Fiancial Fixed Assets	0	0	0	14 000
Total Fixed Assets	739 000	572 000	463 000	427 000
Stock	473 000	503 000	371 000	332 000
Total Investments	0	0	0	0
Cash, Bank	1 862 000	1 829 000	1 865 000	909 000
Total Current Assets	3 698 000	3 556 000	3 301 000	2 475 000
Total Assets	4 438 000	4 128 000	3 765 000	2 902 000
Total Equity	2 265 000	1 270 000	1 585 000	973 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	0	0	0
Creditors	491 000	388 000	327 000	317 000
Unpaid Taxes	724 000	731 000	814 000	812 000
Dividends	0	1 000 000	300 000	150 000
Other Current Debt	698 000	1 555 000	483 000	469 000
Total Current Debt	2 165 000	2 858 000	2 180 000	1 929 000
Total Equity and Debt	4 438 000	4 128 000	3 765 000	2 902 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,89 %	54,02 %	57,54 %	60,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,45 %	7,42 %	10,59 %	7,56 %
Current Ratio	1,71	1,24	1,51	1,28
Quick Ratio	2,19	1,51	1,82	1,55
Equity Ratio	0,51	0,31	0,42	0,34
Gross Profit Margin	70,37 %	71,36 %	71,47 %	71,72 %