HAVNES INVEST AS

1396 BILLINGSTAD

Finances

Return on Equity

44,54 %

Current Ratio

3,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	298 000	299 000	150 000	301 000
Net Income	1 304 000	1 483 000	−63 000	259 000
Total Assets	3 985 000	3 283 000	2 274 000	2 387 000
Total Equity	2 928 000	1 624 000	2 242 000	2 305 000

Income (NOK)	2022	2021	2020	2019
Revenue	298 000	299 000	150 000	301 000
Expenditure	94 000	66 000	96 000	107 000
Operating Profit	204 000	232 000	54 000	193 000
Financial Income	1 182 000	1 314 000	156 000	109 000
Financial Costs	23 000	0	250 000	0
Financial Balance	1 159 000	1 314 000	−94 000	109 000
Earnings Before Tax	1 363 000	1 546 000	−40 000	302 000
Tax	59 000	64 000	23 000	43 000
Net Income	1 304 000	1 483 000	−63 000	259 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 985 000	3 283 000	2 274 000	2 387 000
Total Assets	3 985 000	3 283 000	2 274 000	2 387 000
Total Retained Equity	2 828 000	1 524 000	2 142 000	2 205 000
Total Equity	2 928 000	1 624 000	2 242 000	2 305 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 058 000	1 659 000	32 000	82 000
Total Equity and Debt	3 985 000	3 283 000	2 274 000	2 387 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	298 000	299 000	150 000	301 000
Other Income	0	0	0	0
Revenue	298 000	299 000	150 000	301 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	94 000	66 000	96 000	107 000
Operating Profit	204 000	232 000	54 000	193 000
Financial Income	1 182 000	1 314 000	156 000	109 000
Financial Costs	23 000	0	250 000	0
Financial Balance	1 159 000	1 314 000	−94 000	109 000
Dividends	0	2 100 000	0	0
Net Income	1 304 000	1 483 000	−63 000	259 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	795 000	518 000	1 365 000	1 321 000
Cash, Bank	3 190 000	2 765 000	903 000	1 063 000
Total Current Assets	3 985 000	3 283 000	2 274 000	2 387 000
Total Assets	3 985 000	3 283 000	2 274 000	2 387 000
Total Equity	2 928 000	1 624 000	2 242 000	2 305 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	0	2 000	0
Unpaid Taxes	0	5 000	6 000	8 000
Dividends	0	2 100 000	0	0
Other Current Debt	995 000	1 590 000	1 000	30 000
Total Current Debt	1 058 000	1 659 000	32 000	82 000
Total Equity and Debt	3 985 000	3 283 000	2 274 000	2 387 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,54 %	91,32 %	−2,81 %	11,24 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	68,46 %	77,59 %	36 %	64,12 %
Current Ratio	3,77	1,98	71,06	29,11
Quick Ratio	3,77	1,98	71,06	29,11
Equity Ratio	0,73	0,49	0,99	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %