ARE HAUGEN AS

3735 SKIEN

Finances

Return on Equity

18,23 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 000 000	2 960 000	1 770 000	1 940 000
Net Income	1 044 000	461 000	10 000	324 000
Total Assets	12 701 000	9 660 000	9 404 000	6 900 000
Total Equity	5 727 000	4 682 000	4 222 000	4 211 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 000 000	2 960 000	1 770 000	1 940 000
Expenditure	2 739 000	2 257 000	1 683 000	1 525 000
Operating Profit	1 261 000	703 000	87 000	414 000
Financial Income	273 000	39 000	26 000	120 000
Financial Costs	195 000	152 000	97 000	131 000
Financial Balance	78 000	−113 000	−71 000	−11 000
Earnings Before Tax	1 339 000	591 000	16 000	403 000
Tax	295 000	130 000	6 000	79 000
Net Income	1 044 000	461 000	10 000	324 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 612 000	7 510 000	8 989 000	6 430 000
Total Current Assets	5 090 000	2 150 000	415 000	471 000
Total Assets	12 701 000	9 660 000	9 404 000	6 900 000
Total Retained Equity	5 305 000	4 260 000	3 800 000	3 790 000
Total Equity	5 727 000	4 682 000	4 222 000	4 211 000
Total Long-Term Debt	4 111 000	4 289 000	4 815 000	2 311 000
Total Current Debt	2 864 000	689 000	367 000	378 000
Total Equity and Debt	12 701 000	9 660 000	9 404 000	6 900 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 641 000	2 611 000	1 650 000	1 816 000
Other Income	359 000	349 000	120 000	124 000
Revenue	4 000 000	2 960 000	1 770 000	1 940 000
Cost of Goods Sold	164 000	144 000	102 000	369 000
Salary Costs	2 293 000	1 702 000	851 000	829 000
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 739 000	2 257 000	1 683 000	1 525 000
Operating Profit	1 261 000	703 000	87 000	414 000
Financial Income	273 000	39 000	26 000	120 000
Financial Costs	195 000	152 000	97 000	131 000
Financial Balance	78 000	−113 000	−71 000	−11 000
Dividends	0	0	0	0
Net Income	1 044 000	461 000	10 000	324 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 362 000	4 362 000	4 364 000	1 804 000
Machinery and Plant Facilities	30 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 391 000	4 362 000	4 364 000	1 804 000
Total Fiancial Fixed Assets	3 220 000	3 149 000	4 626 000	4 626 000
Total Fixed Assets	7 612 000	7 510 000	8 989 000	6 430 000
Stock	1 544 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 280 000	2 007 000	207 000	331 000
Total Current Assets	5 090 000	2 150 000	415 000	471 000
Total Assets	12 701 000	9 660 000	9 404 000	6 900 000
Total Equity	5 727 000	4 682 000	4 222 000	4 211 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 111 000	4 289 000	4 815 000	2 311 000
Creditors	1 988 000	106 000	16 000	21 000
Unpaid Taxes	191 000	199 000	189 000	186 000
Dividends	0	0	0	0
Other Current Debt	380 000	240 000	138 000	72 000
Total Current Debt	2 864 000	689 000	367 000	378 000
Total Equity and Debt	12 701 000	9 660 000	9 404 000	6 900 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,23 %	9,85 %	0,24 %	7,69 %
Debt-to-Equity Ratio	0,72	0,92	1,14	0,55
Operating Profit Margin	31,53 %	23,75 %	4,92 %	21,34 %
Current Ratio	1,78	3,12	1,13	1,25
Quick Ratio	3,86	3,12	1,13	1,25
Equity Ratio	0,45	0,48	0,45	0,61
Gross Profit Margin	95,9 %	95,14 %	94,24 %	80,98 %