HAZEL AS

1363 HØVIK

Finances

Return on Equity

1,15 %

Current Ratio

0,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	835 000	1 169 000	1 045 000	1 602 000
Net Income	6 000	13 000	27 000	79 000
Total Assets	1 755 000	1 678 000	1 088 000	866 000
Total Equity	520 000	513 000	501 000	474 000

Income (NOK)	2022	2021	2020	2019
Revenue	835 000	1 169 000	1 045 000	1 602 000
Expenditure	775 000	1 122 000	1 004 000	1 504 000
Operating Profit	60 000	46 000	43 000	98 000
Financial Income	0	1 000	0	5 000
Financial Costs	50 000	33 000	11 000	2 000
Financial Balance	−50 000	−32 000	−11 000	3 000
Earnings Before Tax	10 000	15 000	32 000	101 000
Tax	4 000	2 000	5 000	22 000
Net Income	6 000	13 000	27 000	79 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 470 000	956 000	771 000	622 000
Total Current Assets	285 000	721 000	317 000	245 000
Total Assets	1 755 000	1 678 000	1 088 000	866 000
Total Retained Equity	480 000	473 000	461 000	434 000
Total Equity	520 000	513 000	501 000	474 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 236 000	1 164 000	587 000	392 000
Total Equity and Debt	1 755 000	1 678 000	1 088 000	866 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	832 000	1 169 000	1 026 000	1 602 000
Other Income	3 000	0	19 000	0
Revenue	835 000	1 169 000	1 045 000	1 602 000
Cost of Goods Sold	18 000	−1 000	−4 000	11 000
Salary Costs	220 000	660 000	554 000	1 018 000
Depreciation	212 000	204 000	144 000	54 000
Impairment	0	0	0	0
Expenditure	775 000	1 122 000	1 004 000	1 504 000
Operating Profit	60 000	46 000	43 000	98 000
Financial Income	0	1 000	0	5 000
Financial Costs	50 000	33 000	11 000	2 000
Financial Balance	−50 000	−32 000	−11 000	3 000
Dividends	0	0	0	0
Net Income	6 000	13 000	27 000	79 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 423 000	891 000	724 000	618 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	44 000	0	0
Total Tangible Assets	26 000	44 000	0	0
Total Fiancial Fixed Assets	21 000	21 000	46 000	4 000
Total Fixed Assets	1 470 000	956 000	771 000	622 000
Stock	102 000	109 000	106 000	101 000
Total Investments	0	0	0	0
Cash, Bank	15 000	26 000	55 000	54 000
Total Current Assets	285 000	721 000	317 000	245 000
Total Assets	1 755 000	1 678 000	1 088 000	866 000
Total Equity	520 000	513 000	501 000	474 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	26 000	40 000	38 000	48 000
Unpaid Taxes	55 000	94 000	102 000	92 000
Dividends	0	0	0	0
Other Current Debt	84 000	120 000	106 000	120 000
Total Current Debt	1 236 000	1 164 000	587 000	392 000
Total Equity and Debt	1 755 000	1 678 000	1 088 000	866 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,15 %	2,53 %	5,39 %	16,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,19 %	3,93 %	4,11 %	6,12 %
Current Ratio	0,23	0,62	0,54	0,63
Quick Ratio	0,25	0,68	0,66	0,84
Equity Ratio	0,3	0,31	0,46	0,55
Gross Profit Margin	97,84 %	100,09 %	100,38 %	99,31 %