HAGCON AS

4025 STAVANGER

Finances

Return on Equity

1,99 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 038 000	1 586 000	1 682 000	955 000
Net Income	589 000	14 375 000	1 034 000	623 000
Total Assets	31 364 000	39 749 000	35 121 000	35 791 000
Total Equity	29 622 000	29 033 000	26 658 000	35 124 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 038 000	1 586 000	1 682 000	955 000
Expenditure	442 000	577 000	448 000	363 000
Operating Profit	596 000	1 009 000	1 235 000	592 000
Financial Income	167 000	15 064 000	105 000	117 000
Financial Costs	4 000	94 000	11 000	0
Financial Balance	163 000	14 970 000	94 000	117 000
Earnings Before Tax	760 000	15 979 000	1 329 000	709 000
Tax	170 000	1 605 000	295 000	85 000
Net Income	589 000	14 375 000	1 034 000	623 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 238 000	29 386 000	33 485 000	33 832 000
Total Current Assets	2 125 000	10 364 000	1 636 000	1 959 000
Total Assets	31 364 000	39 749 000	35 121 000	35 791 000
Total Retained Equity	29 422 000	28 833 000	26 458 000	34 924 000
Total Equity	29 622 000	29 033 000	26 658 000	35 124 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 742 000	10 716 000	8 463 000	666 000
Total Equity and Debt	31 364 000	39 749 000	35 121 000	35 791 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 038 000	1 586 000	1 682 000	955 000
Other Income	0	0	0	0
Revenue	1 038 000	1 586 000	1 682 000	955 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 000	3 000	13 000	18 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	442 000	577 000	448 000	363 000
Operating Profit	596 000	1 009 000	1 235 000	592 000
Financial Income	167 000	15 064 000	105 000	117 000
Financial Costs	4 000	94 000	11 000	0
Financial Balance	163 000	14 970 000	94 000	117 000
Dividends	0	9 000 000	8 000 000	500 000
Net Income	589 000	14 375 000	1 034 000	623 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 248 000	1 248 000	1 091 000	1 091 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 248 000	1 248 000	1 091 000	1 091 000
Total Fiancial Fixed Assets	27 990 000	28 138 000	32 395 000	32 741 000
Total Fixed Assets	29 238 000	29 386 000	33 485 000	33 832 000
Stock	0	0	0	0
Total Investments	0	0	94 000	94 000
Cash, Bank	2 125 000	9 994 000	1 353 000	1 689 000
Total Current Assets	2 125 000	10 364 000	1 636 000	1 959 000
Total Assets	31 364 000	39 749 000	35 121 000	35 791 000
Total Equity	29 622 000	29 033 000	26 658 000	35 124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	4 000	22 000	7 000
Unpaid Taxes	0	86 000	59 000	73 000
Dividends	0	9 000 000	8 000 000	500 000
Other Current Debt	19 000	21 000	58 000	1 000
Total Current Debt	1 742 000	10 716 000	8 463 000	666 000
Total Equity and Debt	31 364 000	39 749 000	35 121 000	35 791 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,99 %	49,51 %	3,88 %	1,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	57,42 %	63,62 %	73,42 %	61,99 %
Current Ratio	1,22	0,97	0,19	2,94
Quick Ratio	1,22	0,97	0,19	2,94
Equity Ratio	0,94	0,73	0,76	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %