HARDANGER SAFT OG SIDERFABRIKK AS

5730 ULVIK

Finances

Return on Equity

5,46 %

Current Ratio

5,55

Debt-to-Equity Ratio

1,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 620 000	19 332 000	20 925 000	14 929 000
Net Income	463 000	1 960 000	1 992 000	1 248 000
Total Assets	26 192 000	26 504 000	20 997 000	20 714 000
Total Equity	8 482 000	8 019 000	6 059 000	4 068 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 620 000	19 332 000	20 925 000	14 929 000
Expenditure	19 844 000	18 892 000	16 597 000	14 906 000
Operating Profit	1 085 000	2 866 000	2 932 000	2 055 000
Financial Income	14 000	24 000	50 000	19 000
Financial Costs	604 000	460 000	461 000	546 000
Financial Balance	−590 000	−436 000	−411 000	−527 000
Earnings Before Tax	495 000	2 430 000	2 521 000	1 528 000
Tax	33 000	471 000	529 000	280 000
Net Income	463 000	1 960 000	1 992 000	1 248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 724 000	11 618 000	8 915 000	9 475 000
Total Current Assets	14 469 000	14 887 000	12 083 000	11 239 000
Total Assets	26 192 000	26 504 000	20 997 000	20 714 000
Total Retained Equity	6 532 000	6 069 000	4 109 000	2 118 000
Total Equity	8 482 000	8 019 000	6 059 000	4 068 000
Total Long-Term Debt	15 102 000	13 187 000	12 273 000	13 318 000
Total Current Debt	2 609 000	5 298 000	2 665 000	3 329 000
Total Equity and Debt	26 192 000	26 504 000	20 997 000	20 714 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 272 000	19 041 000	20 805 000	14 621 000
Other Income	347 000	291 000	120 000	308 000
Revenue	19 620 000	19 332 000	20 925 000	14 929 000
Cost of Goods Sold	12 079 000	12 511 000	12 051 000	10 565 000
Salary Costs	4 110 000	3 430 000	2 475 000	2 324 000
Depreciation	1 117 000	828 000	649 000	603 000
Impairment	0	0	0	0
Expenditure	19 844 000	18 892 000	16 597 000	14 906 000
Operating Profit	1 085 000	2 866 000	2 932 000	2 055 000
Financial Income	14 000	24 000	50 000	19 000
Financial Costs	604 000	460 000	461 000	546 000
Financial Balance	−590 000	−436 000	−411 000	−527 000
Dividends	0	0	0	0
Net Income	463 000	1 960 000	1 992 000	1 248 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 750 000	5 870 000	5 993 000	6 116 000
Machinery and Plant Facilities	5 678 000	5 455 000	2 857 000	3 269 000
Fixtures	264 000	281 000	53 000	78 000
Total Tangible Assets	11 692 000	11 606 000	8 903 000	9 463 000
Total Fiancial Fixed Assets	32 000	12 000	12 000	12 000
Total Fixed Assets	11 724 000	11 618 000	8 915 000	9 475 000
Stock	12 620 000	11 994 000	8 353 000	8 972 000
Total Investments	0	0	0	0
Cash, Bank	219 000	562 000	1 551 000	200 000
Total Current Assets	14 469 000	14 887 000	12 083 000	11 239 000
Total Assets	26 192 000	26 504 000	20 997 000	20 714 000
Total Equity	8 482 000	8 019 000	6 059 000	4 068 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	15 102 000	13 187 000	12 273 000	13 318 000
Creditors	1 049 000	1 906 000	1 533 000	1 629 000
Unpaid Taxes	463 000	202 000	862 000	747 000
Dividends	0	0	0	0
Other Current Debt	845 000	1 771 000	269 000	255 000
Total Current Debt	2 609 000	5 298 000	2 665 000	3 329 000
Total Equity and Debt	26 192 000	26 504 000	20 997 000	20 714 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,46 %	24,44 %	32,88 %	30,68 %
Debt-to-Equity Ratio	1,78	1,64	2,03	3,27
Operating Profit Margin	5,53 %	14,83 %	14,01 %	13,77 %
Current Ratio	5,55	2,81	4,53	3,38
Quick Ratio	−1,45	−2,22	−2,12	−1,99
Equity Ratio	0,32	0,3	0,29	0,2
Gross Profit Margin	38,44 %	35,28 %	42,41 %	29,23 %