HAVSTÅL AS

6014 ÅLESUND

Finances

Share Ownership

Return on Equity

9,11 %

Current Ratio

1,3

Debt-to-Equity Ratio

2,72

Key figures (NOK)	2022	2021	2020	2019
Revenue	96 480 000	74 239 000	91 025 000	73 468 000
Net Income	12 928 000	18 081 000	17 653 000	9 774 000
Total Assets	570 998 000	588 432 000	633 421 000	579 971 000
Total Equity	141 919 000	149 785 000	143 904 000	147 434 000

Income (NOK)	2022	2021	2020	2019
Revenue	96 480 000	74 239 000	91 025 000	73 468 000
Expenditure	68 401 000	45 104 000	57 310 000	48 803 000
Operating Profit	28 079 000	29 135 000	33 715 000	24 665 000
Financial Income	904 000	1 832 000	369 000	448 000
Financial Costs	12 342 000	7 737 000	11 407 000	12 402 000
Financial Balance	−11 438 000	−5 905 000	−11 038 000	−11 954 000
Earnings Before Tax	16 641 000	23 230 000	22 677 000	12 711 000
Tax	3 713 000	5 150 000	5 024 000	2 937 000
Net Income	12 928 000	18 081 000	17 653 000	9 774 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	515 773 000	524 836 000	536 399 000	540 528 000
Total Current Assets	55 224 000	63 596 000	97 022 000	39 443 000
Total Assets	570 998 000	588 432 000	633 421 000	579 971 000
Total Retained Equity	21 653 000	29 519 000	31 439 000	34 968 000
Total Equity	141 919 000	149 785 000	143 904 000	147 434 000
Total Long-Term Debt	386 612 000	406 941 000	442 508 000	414 812 000
Total Current Debt	42 467 000	31 706 000	47 009 000	17 725 000
Total Equity and Debt	570 998 000	588 432 000	633 421 000	579 971 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	94 256 000	74 239 000	91 025 000	73 361 000
Other Income	2 224 000	0	0	107 000
Revenue	96 480 000	74 239 000	91 025 000	73 468 000
Cost of Goods Sold	0	0	0	0
Salary Costs	24 734 000	19 311 000	28 604 000	22 401 000
Depreciation	9 063 000	9 063 000	9 059 000	9 233 000
Impairment	0	0	0	0
Expenditure	68 401 000	45 104 000	57 310 000	48 803 000
Operating Profit	28 079 000	29 135 000	33 715 000	24 665 000
Financial Income	904 000	1 832 000	369 000	448 000
Financial Costs	12 342 000	7 737 000	11 407 000	12 402 000
Financial Balance	−11 438 000	−5 905 000	−11 038 000	−11 954 000
Dividends	0	20 000 000	10 000 000	0
Net Income	12 928 000	18 081 000	17 653 000	9 774 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	410 404 000	413 745 000	417 086 000	420 427 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	105 370 000	111 092 000	119 314 000	120 101 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	515 773 000	524 836 000	536 399 000	540 528 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	53 130 000	53 478 000	70 161 000	25 648 000
Total Current Assets	55 224 000	63 596 000	97 022 000	39 443 000
Total Assets	570 998 000	588 432 000	633 421 000	579 971 000
Total Equity	141 919 000	149 785 000	143 904 000	147 434 000
Short-Term Group Debt	23 875 000	0	14 336 000	0
Total Long-Term Debt	386 612 000	406 941 000	442 508 000	414 812 000
Creditors	1 223 000	2 157 000	583 000	707 000
Unpaid Taxes	9 285 000	8 307 000	16 139 000	11 685 000
Dividends	0	20 000 000	10 000 000	0
Other Current Debt	8 084 000	4 827 000	5 457 000	3 976 000
Total Current Debt	42 467 000	31 706 000	47 009 000	17 725 000
Total Equity and Debt	570 998 000	588 432 000	633 421 000	579 971 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,11 %	12,07 %	12,27 %	6,63 %
Debt-to-Equity Ratio	2,72	2,72	3,08	2,81
Operating Profit Margin	29,1 %	39,24 %	37,04 %	33,57 %
Current Ratio	1,3	2,01	2,06	2,23
Quick Ratio	1,3	2,01	2,06	2,23
Equity Ratio	0,25	0,25	0,23	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %