HAUGRUD BRØNNBORING AS

2920 LEIRA I VALDRES

Finances

Share Ownership

Return on Equity

14,96 %

Current Ratio

2,56

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 055 000	11 444 000	9 759 000	10 467 000
Net Income	1 695 000	1 606 000	422 000	1 522 000
Total Assets	16 390 000	15 031 000	13 941 000	11 249 000
Total Equity	11 328 000	10 533 000	9 227 000	8 805 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 055 000	11 444 000	9 759 000	10 467 000
Expenditure	10 834 000	9 321 000	9 162 000	8 484 000
Operating Profit	2 221 000	2 123 000	597 000	1 984 000
Financial Income	15 000	0	1 000	11 000
Financial Costs	63 000	64 000	55 000	44 000
Financial Balance	−48 000	−64 000	−54 000	−33 000
Earnings Before Tax	2 173 000	2 059 000	542 000	1 952 000
Tax	478 000	453 000	119 000	429 000
Net Income	1 695 000	1 606 000	422 000	1 522 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 679 000	4 199 000	5 365 000	3 020 000
Total Current Assets	8 711 000	10 832 000	8 576 000	8 229 000
Total Assets	16 390 000	15 031 000	13 941 000	11 249 000
Total Retained Equity	8 891 000	8 096 000	6 790 000	6 368 000
Total Equity	11 328 000	10 533 000	9 227 000	8 805 000
Total Long-Term Debt	1 663 000	2 477 000	3 333 000	1 030 000
Total Current Debt	3 400 000	2 021 000	1 381 000	1 414 000
Total Equity and Debt	16 390 000	15 031 000	13 941 000	11 249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 055 000	11 140 000	9 571 000	10 104 000
Other Income	0	304 000	188 000	363 000
Revenue	13 055 000	11 444 000	9 759 000	10 467 000
Cost of Goods Sold	3 317 000	2 956 000	2 560 000	2 679 000
Salary Costs	2 685 000	2 476 000	2 422 000	2 291 000
Depreciation	1 120 000	1 164 000	1 012 000	647 000
Impairment	0	0	0	0
Expenditure	10 834 000	9 321 000	9 162 000	8 484 000
Operating Profit	2 221 000	2 123 000	597 000	1 984 000
Financial Income	15 000	0	1 000	11 000
Financial Costs	63 000	64 000	55 000	44 000
Financial Balance	−48 000	−64 000	−54 000	−33 000
Dividends	900 000	0	0	0
Net Income	1 695 000	1 606 000	422 000	1 522 000

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	2 543 000	3 456 000	4 399 000	2 068 000
Fixtures	353 000	542 000	711 000	643 000
Total Tangible Assets	2 896 000	3 998 000	5 110 000	2 712 000
Total Fiancial Fixed Assets	4 783 000	201 000	254 000	308 000
Total Fixed Assets	7 679 000	4 199 000	5 365 000	3 020 000
Stock	975 000	699 000	522 000	541 000
Total Investments	0	0	0	0
Cash, Bank	6 560 000	5 087 000	4 193 000	4 312 000
Total Current Assets	8 711 000	10 832 000	8 576 000	8 229 000
Total Assets	16 390 000	15 031 000	13 941 000	11 249 000
Total Equity	11 328 000	10 533 000	9 227 000	8 805 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 663 000	2 477 000	3 333 000	1 030 000
Creditors	392 000	507 000	344 000	147 000
Unpaid Taxes	1 239 000	795 000	709 000	657 000
Dividends	900 000	0	0	0
Other Current Debt	276 000	243 000	255 000	229 000
Total Current Debt	3 400 000	2 021 000	1 381 000	1 414 000
Total Equity and Debt	16 390 000	15 031 000	13 941 000	11 249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,96 %	15,25 %	4,57 %	17,29 %
Debt-to-Equity Ratio	0,15	0,24	0,36	0,12
Operating Profit Margin	17,01 %	18,55 %	6,12 %	18,95 %
Current Ratio	2,56	5,36	6,21	5,82
Quick Ratio	3,59	8,19	9,98	9,43
Equity Ratio	0,69	0,7	0,66	0,78
Gross Profit Margin	74,59 %	74,17 %	73,77 %	74,41 %