HAUGALAND TURBONETT AS

5563 FØRRESFJORDEN

Finances

Share Ownership

Return on Equity

−19,72 %

Current Ratio

4,87

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	273 000	314 000	374 000	321 000
Net Income	−71 000	−25 000	58 000	−52 000
Total Assets	451 000	558 000	605 000	501 000
Total Equity	360 000	431 000	456 000	398 000

Income (NOK)	2022	2021	2020	2019
Revenue	273 000	314 000	374 000	321 000
Expenditure	343 000	337 000	374 000	382 000
Operating Profit	−70 000	−23 000	66 000	−51 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	2 000	8 000	2 000
Financial Balance	−2 000	−2 000	−8 000	−1 000
Earnings Before Tax	−71 000	−25 000	58 000	−52 000
Tax	0	0	0	0
Net Income	−71 000	−25 000	58 000	−52 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	48 000	64 000	0
Total Current Assets	419 000	510 000	540 000	501 000
Total Assets	451 000	558 000	605 000	501 000
Total Retained Equity	−164 000	−93 000	−68 000	−126 000
Total Equity	360 000	431 000	456 000	398 000
Total Long-Term Debt	5 000	34 000	62 000	0
Total Current Debt	86 000	93 000	86 000	103 000
Total Equity and Debt	451 000	558 000	605 000	501 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	273 000	313 000	373 000	313 000
Other Income	0	1 000	1 000	8 000
Revenue	273 000	314 000	374 000	321 000
Cost of Goods Sold	126 000	25 000	96 000	49 000
Salary Costs	0	0	0	0
Depreciation	16 000	16 000	16 000	0
Impairment	0	0	0	0
Expenditure	343 000	337 000	374 000	382 000
Operating Profit	−70 000	−23 000	66 000	−51 000
Financial Income	0	0	0	1 000
Financial Costs	2 000	2 000	8 000	2 000
Financial Balance	−2 000	−2 000	−8 000	−1 000
Dividends	0	0	0	0
Net Income	−71 000	−25 000	58 000	−52 000

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	32 000	48 000	64 000	0
Total Tangible Assets	32 000	48 000	64 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 000	48 000	64 000	0
Stock	354 000	474 000	450 000	384 000
Total Investments	0	0	0	0
Cash, Bank	60 000	13 000	62 000	89 000
Total Current Assets	419 000	510 000	540 000	501 000
Total Assets	451 000	558 000	605 000	501 000
Total Equity	360 000	431 000	456 000	398 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	34 000	62 000	0
Creditors	−11 000	0	−14 000	2 000
Unpaid Taxes	9 000	7 000	11 000	12 000
Dividends	0	0	0	0
Other Current Debt	88 000	87 000	89 000	90 000
Total Current Debt	86 000	93 000	86 000	103 000
Total Equity and Debt	451 000	558 000	605 000	501 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,72 %	−5,8 %	12,72 %	−13,07 %
Debt-to-Equity Ratio	0,01	0,08	0,14	0
Operating Profit Margin	−25,64 %	−7,32 %	17,65 %	−15,89 %
Current Ratio	4,87	5,48	6,28	4,86
Quick Ratio	−1,56	−1,34	−1,48	−1,78
Equity Ratio	0,8	0,77	0,75	0,79
Gross Profit Margin	53,85 %	92,04 %	74,33 %	84,74 %