O. HÅVARDSTUN AS

6727 BREMANGER

Finances

Return on Equity

13,43 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 199 000	28 266 000	28 303 000	25 389 000
Net Income	892 000	1 630 000	1 571 000	1 046 000
Total Assets	8 837 000	9 540 000	11 027 000	8 795 000
Total Equity	6 642 000	5 750 000	5 620 000	6 949 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 199 000	28 266 000	28 303 000	25 389 000
Expenditure	25 106 000	26 209 000	26 282 000	24 081 000
Operating Profit	1 094 000	2 057 000	2 020 000	1 308 000
Financial Income	76 000	37 000	14 000	47 000
Financial Costs	1 000	0	0	1 000
Financial Balance	75 000	37 000	14 000	46 000
Earnings Before Tax	1 169 000	2 094 000	2 034 000	1 354 000
Tax	277 000	465 000	463 000	308 000
Net Income	892 000	1 630 000	1 571 000	1 046 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 250 000	1 163 000	1 002 000	1 044 000
Total Current Assets	6 587 000	8 377 000	10 025 000	7 751 000
Total Assets	8 837 000	9 540 000	11 027 000	8 795 000
Total Retained Equity	6 519 000	5 627 000	5 497 000	6 826 000
Total Equity	6 642 000	5 750 000	5 620 000	6 949 000
Total Long-Term Debt	0	2 000	0	0
Total Current Debt	2 195 000	3 788 000	5 407 000	1 846 000
Total Equity and Debt	8 837 000	9 540 000	11 027 000	8 795 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 819 000	27 814 000	27 879 000	24 984 000
Other Income	381 000	452 000	424 000	405 000
Revenue	26 199 000	28 266 000	28 303 000	25 389 000
Cost of Goods Sold	18 828 000	20 186 000	20 139 000	18 164 000
Salary Costs	3 634 000	3 489 000	3 490 000	3 236 000
Depreciation	323 000	283 000	276 000	329 000
Impairment	0	0	0	0
Expenditure	25 106 000	26 209 000	26 282 000	24 081 000
Operating Profit	1 094 000	2 057 000	2 020 000	1 308 000
Financial Income	76 000	37 000	14 000	47 000
Financial Costs	1 000	0	0	1 000
Financial Balance	75 000	37 000	14 000	46 000
Dividends	0	1 500 000	2 900 000	0
Net Income	892 000	1 630 000	1 571 000	1 046 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	2 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	838 000	1 161 000	998 000	1 041 000
Total Tangible Assets	838 000	1 161 000	998 000	1 041 000
Total Fiancial Fixed Assets	1 413 000	3 000	3 000	3 000
Total Fixed Assets	2 250 000	1 163 000	1 002 000	1 044 000
Stock	1 573 000	1 487 000	1 586 000	1 472 000
Total Investments	0	0	0	0
Cash, Bank	4 171 000	4 346 000	5 927 000	3 954 000
Total Current Assets	6 587 000	8 377 000	10 025 000	7 751 000
Total Assets	8 837 000	9 540 000	11 027 000	8 795 000
Total Equity	6 642 000	5 750 000	5 620 000	6 949 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	0	0
Creditors	1 069 000	1 002 000	1 211 000	802 000
Unpaid Taxes	411 000	362 000	313 000	314 000
Dividends	0	1 500 000	2 900 000	0
Other Current Debt	435 000	1 963 000	3 418 000	405 000
Total Current Debt	2 195 000	3 788 000	5 407 000	1 846 000
Total Equity and Debt	8 837 000	9 540 000	11 027 000	8 795 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,43 %	28,35 %	27,95 %	15,05 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,18 %	7,28 %	7,14 %	5,15 %
Current Ratio	3	2,21	1,85	4,2
Quick Ratio	10,59	3,64	2,62	20,72
Equity Ratio	0,75	0,6	0,51	0,79
Gross Profit Margin	28,13 %	28,59 %	28,84 %	28,46 %