ING. HAGEN AS

1925 BLAKER

Finances

Share Ownership

Return on Equity

−20,9 %

Current Ratio

14,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	253 000	1 839 000	3 155 000	3 697 000
Net Income	−282 000	364 000	299 000	270 000
Total Assets	1 442 000	1 898 000	2 152 000	1 876 000
Total Equity	1 349 000	1 630 000	1 266 000	1 187 000

Income (NOK)	2022	2021	2020	2019
Revenue	253 000	1 839 000	3 155 000	3 697 000
Expenditure	549 000	1 473 000	2 662 000	3 348 000
Operating Profit	−296 000	365 000	493 000	349 000
Financial Income	14 000	0	0	1 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	14 000	−1 000	−1 000	0
Earnings Before Tax	−282 000	364 000	492 000	349 000
Tax	0	0	193 000	79 000
Net Income	−282 000	364 000	299 000	270 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	23 000	35 000	34 000
Total Current Assets	1 391 000	1 874 000	2 117 000	1 842 000
Total Assets	1 442 000	1 898 000	2 152 000	1 876 000
Total Retained Equity	1 209 000	1 490 000	1 126 000	1 047 000
Total Equity	1 349 000	1 630 000	1 266 000	1 187 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	93 000	267 000	886 000	689 000
Total Equity and Debt	1 442 000	1 898 000	2 152 000	1 876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	251 000	1 839 000	3 155 000	3 697 000
Other Income	3 000	0	0	0
Revenue	253 000	1 839 000	3 155 000	3 697 000
Cost of Goods Sold	191 000	448 000	984 000	1 866 000
Salary Costs	74 000	667 000	686 000	924 000
Depreciation	23 000	11 000	16 000	18 000
Impairment	0	0	0	0
Expenditure	549 000	1 473 000	2 662 000	3 348 000
Operating Profit	−296 000	365 000	493 000	349 000
Financial Income	14 000	0	0	1 000
Financial Costs	0	1 000	1 000	1 000
Financial Balance	14 000	−1 000	−1 000	0
Dividends	0	0	220 000	0
Net Income	−282 000	364 000	299 000	270 000

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	49 000	23 000	34 000	28 000
Total Tangible Assets	49 000	23 000	34 000	28 000
Total Fiancial Fixed Assets	1 000	0	1 000	6 000
Total Fixed Assets	51 000	23 000	35 000	34 000
Stock	129 000	199 000	204 000	168 000
Total Investments	0	0	0	0
Cash, Bank	1 140 000	1 158 000	841 000	274 000
Total Current Assets	1 391 000	1 874 000	2 117 000	1 842 000
Total Assets	1 442 000	1 898 000	2 152 000	1 876 000
Total Equity	1 349 000	1 630 000	1 266 000	1 187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	45 000	79 000	114 000	311 000
Unpaid Taxes	18 000	119 000	281 000	205 000
Dividends	0	0	220 000	0
Other Current Debt	30 000	69 000	78 000	97 000
Total Current Debt	93 000	267 000	886 000	689 000
Total Equity and Debt	1 442 000	1 898 000	2 152 000	1 876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,9 %	22,33 %	23,62 %	22,75 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−117 %	19,85 %	15,63 %	9,44 %
Current Ratio	14,96	7,02	2,39	2,67
Quick Ratio	−38,64	27,56	3,1	3,54
Equity Ratio	0,94	0,86	0,59	0,63
Gross Profit Margin	24,51 %	75,64 %	68,81 %	49,53 %