HÅVARD ÅDLAND AS

5642 HOLMEFJORD

Finances

Return on Equity

−37,12 %

Current Ratio

0,63

Debt-to-Equity Ratio

2,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 512 000	3 107 000	2 886 000	2 544 000
Net Income	−369 000	2 769 000	216 000	626 000
Total Assets	4 169 000	4 434 000	3 497 000	909 000
Total Equity	994 000	1 412 000	−1 157 000	−1 373 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 512 000	3 107 000	2 886 000	2 544 000
Expenditure	1 785 000	2 733 000	2 528 000	1 739 000
Operating Profit	−273 000	375 000	358 000	806 000
Financial Income	5 000	2 555 000	0	3 000
Financial Costs	125 000	106 000	77 000	3 000
Financial Balance	−120 000	2 449 000	−77 000	0
Earnings Before Tax	−393 000	2 824 000	282 000	806 000
Tax	−25 000	55 000	65 000	180 000
Net Income	−369 000	2 769 000	216 000	626 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 765 000	3 663 000	2 856 000	60 000
Total Current Assets	404 000	770 000	641 000	848 000
Total Assets	4 169 000	4 434 000	3 497 000	909 000
Total Retained Equity	490 000	909 000	−1 660 000	−1 876 000
Total Equity	994 000	1 412 000	−1 157 000	−1 373 000
Total Long-Term Debt	2 532 000	2 708 000	2 800 000	0
Total Current Debt	643 000	313 000	1 854 000	2 281 000
Total Equity and Debt	4 169 000	4 434 000	3 497 000	909 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 512 000	3 107 000	2 886 000	2 486 000
Other Income	0	0	0	59 000
Revenue	1 512 000	3 107 000	2 886 000	2 544 000
Cost of Goods Sold	862 000	1 346 000	259 000	97 000
Salary Costs	2 000	463 000	1 560 000	635 000
Depreciation	189 000	91 000	27 000	84 000
Impairment	0	0	0	0
Expenditure	1 785 000	2 733 000	2 528 000	1 739 000
Operating Profit	−273 000	375 000	358 000	806 000
Financial Income	5 000	2 555 000	0	3 000
Financial Costs	125 000	106 000	77 000	3 000
Financial Balance	−120 000	2 449 000	−77 000	0
Dividends	0	200 000	0	0
Net Income	−369 000	2 769 000	216 000	626 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 800 000	2 800 000	2 800 000	0
Machinery and Plant Facilities	220 000	253 000	25 000	38 000
Fixtures	419 000	536 000	8 000	22 000
Total Tangible Assets	3 439 000	3 589 000	2 834 000	60 000
Total Fiancial Fixed Assets	326 000	74 000	23 000	0
Total Fixed Assets	3 765 000	3 663 000	2 856 000	60 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	149 000	449 000	343 000	595 000
Total Current Assets	404 000	770 000	641 000	848 000
Total Assets	4 169 000	4 434 000	3 497 000	909 000
Total Equity	994 000	1 412 000	−1 157 000	−1 373 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 532 000	2 708 000	2 800 000	0
Creditors	88 000	16 000	91 000	12 000
Unpaid Taxes	5 000	1 000	487 000	58 000
Dividends	0	200 000	0	0
Other Current Debt	550 000	66 000	1 210 000	2 031 000
Total Current Debt	643 000	313 000	1 854 000	2 281 000
Total Equity and Debt	4 169 000	4 434 000	3 497 000	909 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−37,12 %	196,1 %	−18,67 %	−45,59 %
Debt-to-Equity Ratio	2,55	1,92	−2,42	−0
Operating Profit Margin	−18,06 %	12,07 %	12,4 %	31,68 %
Current Ratio	0,63	2,46	0,35	0,37
Quick Ratio	0,63	2,46	0,35	0,37
Equity Ratio	0,24	0,32	−0,33	−1,51
Gross Profit Margin	42,99 %	56,68 %	91,03 %	96,19 %