HAUGVAR AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

28,28 %

Current Ratio

1,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 986 000	1 724 000	1 649 000	1 714 000
Net Income	446 000	799 000	351 000	376 000
Total Assets	3 144 000	3 006 000	2 456 000	2 167 000
Total Equity	1 577 000	2 331 000	1 931 000	1 781 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 986 000	1 724 000	1 649 000	1 714 000
Expenditure	1 330 000	1 241 000	1 203 000	1 233 000
Operating Profit	657 000	484 000	447 000	480 000
Financial Income	401 000	423 000	3 000	2 000
Financial Costs	454 000	0	0	1 000
Financial Balance	−53 000	423 000	3 000	1 000
Earnings Before Tax	604 000	907 000	450 000	482 000
Tax	158 000	108 000	99 000	106 000
Net Income	446 000	799 000	351 000	376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	631 000	2 150 000	1 535 000	895 000
Total Current Assets	2 514 000	857 000	922 000	1 272 000
Total Assets	3 144 000	3 006 000	2 456 000	2 167 000
Total Retained Equity	1 547 000	2 301 000	1 901 000	1 751 000
Total Equity	1 577 000	2 331 000	1 931 000	1 781 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 568 000	676 000	525 000	387 000
Total Equity and Debt	3 144 000	3 006 000	2 456 000	2 167 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 986 000	1 724 000	1 649 000	1 714 000
Other Income	0	0	0	0
Revenue	1 986 000	1 724 000	1 649 000	1 714 000
Cost of Goods Sold	152 000	147 000	146 000	171 000
Salary Costs	868 000	869 000	773 000	741 000
Depreciation	17 000	18 000	14 000	6 000
Impairment	0	0	0	0
Expenditure	1 330 000	1 241 000	1 203 000	1 233 000
Operating Profit	657 000	484 000	447 000	480 000
Financial Income	401 000	423 000	3 000	2 000
Financial Costs	454 000	0	0	1 000
Financial Balance	−53 000	423 000	3 000	1 000
Dividends	1 200 000	400 000	200 000	100 000
Net Income	446 000	799 000	351 000	376 000

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	78 000	41 000	50 000	14 000
Total Tangible Assets	78 000	41 000	50 000	14 000
Total Fiancial Fixed Assets	553 000	2 108 000	1 485 000	882 000
Total Fixed Assets	631 000	2 150 000	1 535 000	895 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 386 000	834 000	836 000	993 000
Total Current Assets	2 514 000	857 000	922 000	1 272 000
Total Assets	3 144 000	3 006 000	2 456 000	2 167 000
Total Equity	1 577 000	2 331 000	1 931 000	1 781 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	25 000	14 000	41 000	16 000
Unpaid Taxes	112 000	85 000	124 000	96 000
Dividends	1 200 000	400 000	200 000	100 000
Other Current Debt	73 000	69 000	61 000	69 000
Total Current Debt	1 568 000	676 000	525 000	387 000
Total Equity and Debt	3 144 000	3 006 000	2 456 000	2 167 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,28 %	34,28 %	18,18 %	21,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	33,08 %	28,07 %	27,11 %	28 %
Current Ratio	1,6	1,27	1,76	3,29
Quick Ratio	1,6	1,27	1,76	3,29
Equity Ratio	0,5	0,78	0,79	0,82
Gross Profit Margin	92,35 %	91,47 %	91,15 %	90,02 %