HØLEN EL-MEK AS

1550 HØLEN

Finances

Share Ownership

Return on Equity

2,25 %

Current Ratio

3,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 153 000	1 312 000	813 000	619 000
Net Income	5 000	10 000	88 000	−1 000
Total Assets	326 000	320 000	413 000	337 000
Total Equity	222 000	217 000	207 000	119 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 153 000	1 312 000	813 000	619 000
Expenditure	1 145 000	1 297 000	696 000	612 000
Operating Profit	7 000	15 000	117 000	7 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	4 000	5 000
Financial Balance	0	−3 000	−4 000	−5 000
Earnings Before Tax	7 000	12 000	113 000	2 000
Tax	2 000	3 000	25 000	2 000
Net Income	5 000	10 000	88 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	17 000	35 000	57 000
Total Current Assets	315 000	302 000	378 000	281 000
Total Assets	326 000	320 000	413 000	337 000
Total Retained Equity	192 000	187 000	177 000	89 000
Total Equity	222 000	217 000	207 000	119 000
Total Long-Term Debt	0	5 000	35 000	62 000
Total Current Debt	104 000	98 000	170 000	156 000
Total Equity and Debt	326 000	320 000	413 000	337 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 153 000	1 312 000	813 000	619 000
Other Income	0	0	0	0
Revenue	1 153 000	1 312 000	813 000	619 000
Cost of Goods Sold	584 000	725 000	160 000	61 000
Salary Costs	281 000	282 000	276 000	335 000
Depreciation	5 000	25 000	25 000	25 000
Impairment	0	0	0	0
Expenditure	1 145 000	1 297 000	696 000	612 000
Operating Profit	7 000	15 000	117 000	7 000
Financial Income	0	0	0	0
Financial Costs	0	3 000	4 000	5 000
Financial Balance	0	−3 000	−4 000	−5 000
Dividends	0	0	0	0
Net Income	5 000	10 000	88 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	8 000	5 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	5 000	30 000	55 000
Fixtures	0	0	0	0
Total Tangible Assets	0	5 000	30 000	55 000
Total Fiancial Fixed Assets	5 000	5 000	0	0
Total Fixed Assets	12 000	17 000	35 000	57 000
Stock	39 000	46 000	23 000	0
Total Investments	0	0	0	0
Cash, Bank	205 000	262 000	336 000	218 000
Total Current Assets	315 000	302 000	378 000	281 000
Total Assets	326 000	320 000	413 000	337 000
Total Equity	222 000	217 000	207 000	119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	35 000	62 000
Creditors	20 000	4 000	6 000	5 000
Unpaid Taxes	35 000	29 000	55 000	81 000
Dividends	0	0	0	0
Other Current Debt	48 000	59 000	82 000	68 000
Total Current Debt	104 000	98 000	170 000	156 000
Total Equity and Debt	326 000	320 000	413 000	337 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,25 %	4,61 %	42,51 %	−0,84 %
Debt-to-Equity Ratio	0	0,02	0,17	0,52
Operating Profit Margin	0,61 %	1,14 %	14,39 %	1,13 %
Current Ratio	3,03	3,08	2,22	1,8
Quick Ratio	4,85	5,81	2,57	1,8
Equity Ratio	0,68	0,68	0,5	0,35
Gross Profit Margin	49,35 %	44,74 %	80,32 %	90,15 %