2H ELEKTRO AS

1454 FAGERSTRAND

Finances

Share Ownership

Return on Equity

4,92 %

Current Ratio

1,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 501 000	2 414 000	2 350 000	1 824 000
Net Income	15 000	17 000	80 000	−46 000
Total Assets	721 000	740 000	905 000	879 000
Total Equity	305 000	290 000	273 000	193 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 501 000	2 414 000	2 350 000	1 824 000
Expenditure	2 480 000	2 390 000	2 245 000	1 883 000
Operating Profit	21 000	23 000	104 000	−59 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	1 000	0
Financial Balance	−1 000	−1 000	−1 000	0
Earnings Before Tax	19 000	22 000	103 000	−59 000
Tax	4 000	5 000	23 000	−13 000
Net Income	15 000	17 000	80 000	−46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 000	213 000	322 000	333 000
Total Current Assets	672 000	527 000	582 000	546 000
Total Assets	721 000	740 000	905 000	879 000
Total Retained Equity	195 000	180 000	163 000	91 000
Total Equity	305 000	290 000	273 000	193 000
Total Long-Term Debt	0	48 000	134 000	186 000
Total Current Debt	415 000	402 000	498 000	500 000
Total Equity and Debt	721 000	740 000	905 000	879 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 501 000	2 414 000	2 350 000	1 824 000
Other Income	0	0	0	0
Revenue	2 501 000	2 414 000	2 350 000	1 824 000
Cost of Goods Sold	996 000	1 108 000	1 091 000	950 000
Salary Costs	1 099 000	962 000	857 000	684 000
Depreciation	22 000	109 000	105 000	92 000
Impairment	0	0	0	0
Expenditure	2 480 000	2 390 000	2 245 000	1 883 000
Operating Profit	21 000	23 000	104 000	−59 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	1 000	0
Financial Balance	−1 000	−1 000	−1 000	0
Dividends	0	0	0	0
Net Income	15 000	17 000	80 000	−46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	48 000	213 000	322 000	333 000
Total Tangible Assets	48 000	213 000	322 000	333 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	49 000	213 000	322 000	333 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	480 000	442 000	449 000	443 000
Total Current Assets	672 000	527 000	582 000	546 000
Total Assets	721 000	740 000	905 000	879 000
Total Equity	305 000	290 000	273 000	193 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	48 000	134 000	186 000
Creditors	83 000	99 000	168 000	298 000
Unpaid Taxes	139 000	123 000	140 000	98 000
Dividends	0	0	0	0
Other Current Debt	176 000	163 000	188 000	105 000
Total Current Debt	415 000	402 000	498 000	500 000
Total Equity and Debt	721 000	740 000	905 000	879 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,92 %	5,86 %	29,3 %	−23,83 %
Debt-to-Equity Ratio	0	0,17	0,49	0,96
Operating Profit Margin	0,84 %	0,95 %	4,43 %	−3,23 %
Current Ratio	1,62	1,31	1,17	1,09
Quick Ratio	1,62	1,31	1,17	1,09
Equity Ratio	0,42	0,39	0,3	0,22
Gross Profit Margin	60,18 %	54,1 %	53,57 %	47,92 %