HAUGSNES ELEKTRO AS

9990 BÅTSFJORD

Finances

Return on Equity

42,73 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 177 000	25 732 000	29 109 000	28 677 000
Net Income	2 984 000	1 026 000	516 000	301 000
Total Assets	17 643 000	12 350 000	12 925 000	13 444 000
Total Equity	6 984 000	7 000 000	5 973 000	5 457 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 177 000	25 732 000	29 109 000	28 677 000
Expenditure	29 368 000	24 538 000	28 485 000	28 318 000
Operating Profit	3 809 000	1 194 000	623 000	359 000
Financial Income	88 000	123 000	53 000	39 000
Financial Costs	8 000	10 000	17 000	10 000
Financial Balance	80 000	113 000	36 000	29 000
Earnings Before Tax	3 890 000	1 308 000	659 000	388 000
Tax	905 000	281 000	143 000	88 000
Net Income	2 984 000	1 026 000	516 000	301 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 268 000	1 462 000	1 667 000	1 670 000
Total Current Assets	16 375 000	10 888 000	11 257 000	11 773 000
Total Assets	17 643 000	12 350 000	12 925 000	13 444 000
Total Retained Equity	6 764 000	6 780 000	5 753 000	5 237 000
Total Equity	6 984 000	7 000 000	5 973 000	5 457 000
Total Long-Term Debt	1 000	172 000	255 000	0
Total Current Debt	10 658 000	5 179 000	6 697 000	7 987 000
Total Equity and Debt	17 643 000	12 350 000	12 925 000	13 444 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 177 000	25 732 000	29 109 000	28 677 000
Other Income	0	0	0	0
Revenue	33 177 000	25 732 000	29 109 000	28 677 000
Cost of Goods Sold	12 475 000	8 437 000	9 484 000	9 488 000
Salary Costs	11 737 000	11 450 000	13 787 000	13 508 000
Depreciation	162 000	161 000	146 000	164 000
Impairment	0	0	0	0
Expenditure	29 368 000	24 538 000	28 485 000	28 318 000
Operating Profit	3 809 000	1 194 000	623 000	359 000
Financial Income	88 000	123 000	53 000	39 000
Financial Costs	8 000	10 000	17 000	10 000
Financial Balance	80 000	113 000	36 000	29 000
Dividends	3 000 000	0	0	0
Net Income	2 984 000	1 026 000	516 000	301 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	9 000	55 000	72 000
Real Eastate	50 000	0	0	0
Machinery and Plant Facilities	74 000	85 000	95 000	0
Fixtures	427 000	542 000	674 000	559 000
Total Tangible Assets	551 000	627 000	770 000	559 000
Total Fiancial Fixed Assets	717 000	827 000	842 000	1 039 000
Total Fixed Assets	1 268 000	1 462 000	1 667 000	1 670 000
Stock	4 246 000	3 555 000	3 354 000	3 449 000
Total Investments	0	0	0	0
Cash, Bank	1 715 000	1 423 000	3 163 000	2 646 000
Total Current Assets	16 375 000	10 888 000	11 257 000	11 773 000
Total Assets	17 643 000	12 350 000	12 925 000	13 444 000
Total Equity	6 984 000	7 000 000	5 973 000	5 457 000
Short-Term Group Debt	0	1 233 000	2 770 000	2 000 000
Total Long-Term Debt	1 000	172 000	255 000	0
Creditors	3 893 000	1 727 000	1 348 000	2 186 000
Unpaid Taxes	1 478 000	763 000	950 000	1 536 000
Dividends	3 000 000	0	0	0
Other Current Debt	1 304 000	1 222 000	1 503 000	2 082 000
Total Current Debt	10 658 000	5 179 000	6 697 000	7 987 000
Total Equity and Debt	17 643 000	12 350 000	12 925 000	13 444 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,73 %	14,66 %	8,64 %	5,52 %
Debt-to-Equity Ratio	0	0,02	0,04	0
Operating Profit Margin	11,48 %	4,64 %	2,14 %	1,25 %
Current Ratio	1,54	2,1	1,68	1,47
Quick Ratio	2,55	6,7	3,37	2,59
Equity Ratio	0,4	0,57	0,46	0,41
Gross Profit Margin	62,4 %	67,21 %	67,42 %	66,91 %