HAVGLANS AS

5334 HELLESØY

Finances

Return on Equity

18,11 %

Current Ratio

1,47

Debt-to-Equity Ratio

1,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	76 360 000	85 250 000	103 096 000	76 890 000
Net Income	20 670 000	9 834 000	−14 325 000	16 581 000
Total Assets	355 786 000	352 342 000	404 679 000	352 593 000
Total Equity	114 158 000	95 988 000	87 654 000	110 479 000

Income (NOK)	2022	2021	2020	2019
Revenue	76 360 000	85 250 000	103 096 000	76 890 000
Expenditure	45 877 000	72 864 000	109 102 000	49 436 000
Operating Profit	30 483 000	12 385 000	−6 005 000	27 454 000
Financial Income	5 506 000	7 713 000	1 058 000	979 000
Financial Costs	9 300 000	7 138 000	13 419 000	7 151 000
Financial Balance	−3 794 000	575 000	−12 361 000	−6 172 000
Earnings Before Tax	26 689 000	12 961 000	−18 366 000	21 282 000
Tax	6 019 000	3 127 000	−4 042 000	4 701 000
Net Income	20 670 000	9 834 000	−14 325 000	16 581 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	293 160 000	295 782 000	303 935 000	310 156 000
Total Current Assets	62 627 000	56 560 000	100 744 000	42 437 000
Total Assets	355 786 000	352 342 000	404 679 000	352 593 000
Total Retained Equity	56 007 000	37 837 000	29 503 000	52 328 000
Total Equity	114 158 000	95 988 000	87 654 000	110 479 000
Total Long-Term Debt	198 946 000	191 997 000	237 321 000	215 236 000
Total Current Debt	42 682 000	64 356 000	79 704 000	26 878 000
Total Equity and Debt	355 786 000	352 342 000	404 679 000	352 593 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	76 360 000	84 995 000	102 504 000	76 890 000
Other Income	0	255 000	592 000	0
Revenue	76 360 000	85 250 000	103 096 000	76 890 000
Cost of Goods Sold	0	0	0	0
Salary Costs	23 381 000	24 642 000	28 080 000	21 183 000
Depreciation	8 017 000	7 835 000	7 774 000	6 992 000
Impairment	0	0	0	0
Expenditure	45 877 000	72 864 000	109 102 000	49 436 000
Operating Profit	30 483 000	12 385 000	−6 005 000	27 454 000
Financial Income	5 506 000	7 713 000	1 058 000	979 000
Financial Costs	9 300 000	7 138 000	13 419 000	7 151 000
Financial Balance	−3 794 000	575 000	−12 361 000	−6 172 000
Dividends	2 500 000	1 500 000	8 500 000	2 000 000
Net Income	20 670 000	9 834 000	−14 325 000	16 581 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	209 500 000	209 500 000	209 500 000	209 500 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	119 000	22 000	0	0
Total Tangible Assets	83 615 000	86 237 000	94 390 000	100 611 000
Total Fiancial Fixed Assets	45 000	45 000	45 000	45 000
Total Fixed Assets	293 160 000	295 782 000	303 935 000	310 156 000
Stock	1 760 000	450 000	450 000	560 000
Total Investments	42 027 000	36 826 000	51 179 000	20 367 000
Cash, Bank	18 588 000	18 975 000	48 887 000	21 468 000
Total Current Assets	62 627 000	56 560 000	100 744 000	42 437 000
Total Assets	355 786 000	352 342 000	404 679 000	352 593 000
Total Equity	114 158 000	95 988 000	87 654 000	110 479 000
Short-Term Group Debt	9 605 000	7 924 000	11 794 000	0
Total Long-Term Debt	198 946 000	191 997 000	237 321 000	215 236 000
Creditors	15 071 000	40 378 000	34 903 000	1 582 000
Unpaid Taxes	7 286 000	6 712 000	7 431 000	7 378 000
Dividends	2 500 000	1 500 000	8 500 000	2 000 000
Other Current Debt	7 698 000	7 843 000	11 543 000	10 745 000
Total Current Debt	42 682 000	64 356 000	79 704 000	26 878 000
Total Equity and Debt	355 786 000	352 342 000	404 679 000	352 593 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,11 %	10,25 %	−16,34 %	15,01 %
Debt-to-Equity Ratio	1,74	2	2,71	1,95
Operating Profit Margin	39,92 %	14,53 %	−5,82 %	35,71 %
Current Ratio	1,47	0,88	1,26	1,58
Quick Ratio	1,53	0,89	1,27	1,61
Equity Ratio	0,32	0,27	0,22	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %