HAGASOL AS

0596 OSLO

Finances

Return on Equity

39,76 %

Current Ratio

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	240 000	240 000	240 000
Net Income	66 000	191 000	189 000	125 000
Total Assets	385 000	572 000	553 000	486 000
Total Equity	166 000	100 000	−90 000	−279 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	240 000	240 000	240 000
Expenditure	25 000	24 000	29 000	85 000
Operating Profit	95 000	216 000	211 000	155 000
Financial Income	0	0	0	0
Financial Costs	10 000	17 000	22 000	30 000
Financial Balance	−10 000	−17 000	−22 000	−30 000
Earnings Before Tax	84 000	199 000	189 000	125 000
Tax	19 000	9 000	0	0
Net Income	66 000	191 000	189 000	125 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	385 000	385 000	485 000	446 000
Total Current Assets	0	187 000	68 000	40 000
Total Assets	385 000	572 000	553 000	486 000
Total Retained Equity	66 000	0	−190 000	−379 000
Total Equity	166 000	100 000	−90 000	−279 000
Total Long-Term Debt	88 000	272 000	360 000	440 000
Total Current Debt	131 000	200 000	283 000	325 000
Total Equity and Debt	385 000	572 000	553 000	486 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	120 000	240 000	240 000	240 000
Other Income	0	0	0	0
Revenue	120 000	240 000	240 000	240 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	34 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	25 000	24 000	29 000	85 000
Operating Profit	95 000	216 000	211 000	155 000
Financial Income	0	0	0	0
Financial Costs	10 000	17 000	22 000	30 000
Financial Balance	−10 000	−17 000	−22 000	−30 000
Dividends	0	0	0	0
Net Income	66 000	191 000	189 000	125 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	385 000	385 000	485 000	446 000
Total Fixed Assets	385 000	385 000	485 000	446 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	187 000	68 000	0
Total Current Assets	0	187 000	68 000	40 000
Total Assets	385 000	572 000	553 000	486 000
Total Equity	166 000	100 000	−90 000	−279 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	88 000	272 000	360 000	440 000
Creditors	0	0	2 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	91 000	191 000	281 000	281 000
Total Current Debt	131 000	200 000	283 000	325 000
Total Equity and Debt	385 000	572 000	553 000	486 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,76 %	191 %	−210 %	−44,8 %
Debt-to-Equity Ratio	0,53	2,72	−4	−1,58
Operating Profit Margin	79,17 %	90 %	87,92 %	64,58 %
Current Ratio	0	0,94	0,24	0,12
Quick Ratio	0	0,94	0,24	0,12
Equity Ratio	0,43	0,17	−0,16	−0,57
Gross Profit Margin	100 %	100 %	100 %	100 %