HAALAND UPSTREAM TECHNOLOGY AS

4022 STAVANGER

Finances

Share Ownership

Return on Equity

11,65 %

Current Ratio

10,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 099 000	2 749 000	2 360 000	2 013 000
Net Income	1 049 000	1 319 000	1 306 000	1 086 000
Total Assets	9 959 000	9 527 000	7 820 000	6 372 000
Total Equity	9 003 000	7 953 000	6 634 000	5 328 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 099 000	2 749 000	2 360 000	2 013 000
Expenditure	765 000	1 091 000	1 023 000	928 000
Operating Profit	1 334 000	1 658 000	1 337 000	1 085 000
Financial Income	23 000	27 000	108 000	2 000
Financial Costs	12 000	0	5 000	1 000
Financial Balance	11 000	27 000	103 000	1 000
Earnings Before Tax	1 345 000	1 685 000	1 440 000	1 086 000
Tax	296 000	366 000	134 000	0
Net Income	1 049 000	1 319 000	1 306 000	1 086 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	9 959 000	9 527 000	7 820 000	6 372 000
Total Assets	9 959 000	9 527 000	7 820 000	6 372 000
Total Retained Equity	8 903 000	7 853 000	6 534 000	5 228 000
Total Equity	9 003 000	7 953 000	6 634 000	5 328 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	956 000	1 573 000	1 186 000	1 044 000
Total Equity and Debt	9 959 000	9 527 000	7 820 000	6 372 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 099 000	2 749 000	2 355 000	2 013 000
Other Income	0	0	5 000	0
Revenue	2 099 000	2 749 000	2 360 000	2 013 000
Cost of Goods Sold	0	0	0	0
Salary Costs	715 000	1 026 000	968 000	884 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	765 000	1 091 000	1 023 000	928 000
Operating Profit	1 334 000	1 658 000	1 337 000	1 085 000
Financial Income	23 000	27 000	108 000	2 000
Financial Costs	12 000	0	5 000	1 000
Financial Balance	11 000	27 000	103 000	1 000
Dividends	0	0	0	0
Net Income	1 049 000	1 319 000	1 306 000	1 086 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	1 068 000	1 079 000	1 056 000	951 000
Cash, Bank	8 889 000	7 618 000	6 217 000	4 985 000
Total Current Assets	9 959 000	9 527 000	7 820 000	6 372 000
Total Assets	9 959 000	9 527 000	7 820 000	6 372 000
Total Equity	9 003 000	7 953 000	6 634 000	5 328 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	7 000	1 000	0
Unpaid Taxes	161 000	476 000	233 000	426 000
Dividends	0	0	0	0
Other Current Debt	492 000	725 000	818 000	618 000
Total Current Debt	956 000	1 573 000	1 186 000	1 044 000
Total Equity and Debt	9 959 000	9 527 000	7 820 000	6 372 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,65 %	16,58 %	19,69 %	20,38 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	63,55 %	60,31 %	56,65 %	53,9 %
Current Ratio	10,42	6,06	6,59	6,1
Quick Ratio	10,42	6,06	6,59	6,1
Equity Ratio	0,9	0,83	0,85	0,84
Gross Profit Margin	100 %	100 %	100 %	100 %