INGENIØR ARVE HÅGENSEN AS

7079 FLATÅSEN

Finances

Share Ownership

Return on Equity

19,76 %

Current Ratio

7,1

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	958 000	1 158 000	802 000	1 661 000
Net Income	526 000	542 000	9 000	37 000
Total Assets	3 083 000	3 841 000	4 038 000	4 426 000
Total Equity	2 662 000	2 342 000	1 800 000	1 791 000

Income (NOK)	2022	2021	2020	2019
Revenue	958 000	1 158 000	802 000	1 661 000
Expenditure	287 000	452 000	738 000	1 546 000
Operating Profit	672 000	708 000	63 000	116 000
Financial Income	5 000	1 000	1 000	1 000
Financial Costs	0	13 000	53 000	68 000
Financial Balance	5 000	−12 000	−52 000	−67 000
Earnings Before Tax	677 000	696 000	11 000	49 000
Tax	151 000	154 000	2 000	12 000
Net Income	526 000	542 000	9 000	37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	350 000	2 000 000	2 552 000	2 620 000
Total Current Assets	2 733 000	1 841 000	1 486 000	1 806 000
Total Assets	3 083 000	3 841 000	4 038 000	4 426 000
Total Retained Equity	2 642 000	2 322 000	1 780 000	1 771 000
Total Equity	2 662 000	2 342 000	1 800 000	1 791 000
Total Long-Term Debt	35 000	46 000	2 180 000	732 000
Total Current Debt	385 000	1 453 000	57 000	1 903 000
Total Equity and Debt	3 083 000	3 841 000	4 038 000	4 426 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	707 000	1 089 000	802 000	1 436 000
Other Income	252 000	69 000	0	225 000
Revenue	958 000	1 158 000	802 000	1 661 000
Cost of Goods Sold	71 000	131 000	0	284 000
Salary Costs	72 000	71 000	364 000	856 000
Depreciation	2 000	8 000	66 000	58 000
Impairment	0	0	0	0
Expenditure	287 000	452 000	738 000	1 546 000
Operating Profit	672 000	708 000	63 000	116 000
Financial Income	5 000	1 000	1 000	1 000
Financial Costs	0	13 000	53 000	68 000
Financial Balance	5 000	−12 000	−52 000	−67 000
Dividends	0	0	0	0
Net Income	526 000	542 000	9 000	37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	23 000	25 000
Real Eastate	333 000	1 981 000	1 981 000	1 981 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	19 000	548 000	614 000
Total Tangible Assets	350 000	2 000 000	2 529 000	2 595 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	350 000	2 000 000	2 552 000	2 620 000
Stock	527 000	527 000	527 000	527 000
Total Investments	0	0	0	0
Cash, Bank	1 905 000	888 000	591 000	430 000
Total Current Assets	2 733 000	1 841 000	1 486 000	1 806 000
Total Assets	3 083 000	3 841 000	4 038 000	4 426 000
Total Equity	2 662 000	2 342 000	1 800 000	1 791 000
Short-Term Group Debt	264 000	0	0	0
Total Long-Term Debt	35 000	46 000	2 180 000	732 000
Creditors	0	12 000	13 000	99 000
Unpaid Taxes	1 000	26 000	9 000	116 000
Dividends	0	0	0	0
Other Current Debt	17 000	1 321 000	34 000	1 688 000
Total Current Debt	385 000	1 453 000	57 000	1 903 000
Total Equity and Debt	3 083 000	3 841 000	4 038 000	4 426 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,76 %	23,14 %	0,5 %	2,07 %
Debt-to-Equity Ratio	0,01	0,02	1,21	0,41
Operating Profit Margin	70,15 %	61,14 %	7,86 %	6,98 %
Current Ratio	7,1	1,27	26,07	0,95
Quick Ratio	−19,25	1,99	−3,16	1,31
Equity Ratio	0,86	0,61	0,45	0,4
Gross Profit Margin	92,59 %	88,69 %	100 %	82,9 %