HAREID ELEKTRISKE AS

6060 HAREID

Finances

Return on Equity

18,5 %

Current Ratio

1,57

Debt-to-Equity Ratio

1,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 020 128 000	1 043 007 000	1 087 743 000	1 197 179 000
Net Income	30 584 000	42 055 000	20 825 000	−1 381 000
Total Assets	563 815 000	567 103 000	558 138 000	568 627 000
Total Equity	165 290 000	143 019 000	122 556 000	104 013 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 020 128 000	1 043 007 000	1 087 743 000	1 197 179 000
Expenditure	974 123 000	980 641 000	1 051 283 000	1 190 087 000
Operating Profit	46 005 000	62 367 000	36 459 000	7 091 000
Financial Income	4 599 000	3 261 000	4 261 000	5 428 000
Financial Costs	10 506 000	9 855 000	11 695 000	11 645 000
Financial Balance	−5 907 000	−6 594 000	−7 434 000	−6 217 000
Earnings Before Tax	40 098 000	55 773 000	29 025 000	874 000
Tax	9 514 000	13 717 000	8 199 000	2 255 000
Net Income	30 584 000	42 055 000	20 825 000	−1 381 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	225 936 000	226 635 000	244 480 000	260 283 000
Total Current Assets	337 880 000	340 468 000	313 658 000	308 344 000
Total Assets	563 815 000	567 103 000	558 138 000	568 627 000
Total Retained Equity	144 790 000	122 519 000	102 056 000	83 513 000
Total Equity	165 290 000	143 019 000	122 556 000	104 013 000
Total Long-Term Debt	182 740 000	188 984 000	205 047 000	223 301 000
Total Current Debt	215 786 000	235 100 000	230 535 000	241 313 000
Total Equity and Debt	563 815 000	567 103 000	558 138 000	568 627 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 020 118 000	1 037 520 000	1 081 845 000	1 197 179 000
Other Income	10 000	5 487 000	5 898 000	0
Revenue	1 020 128 000	1 043 007 000	1 087 743 000	1 197 179 000
Cost of Goods Sold	602 329 000	611 270 000	639 268 000	789 860 000
Salary Costs	290 986 000	293 942 000	293 925 000	312 783 000
Depreciation	16 254 000	16 258 000	16 731 000	16 185 000
Impairment	0	0	0	0
Expenditure	974 123 000	980 641 000	1 051 283 000	1 190 087 000
Operating Profit	46 005 000	62 367 000	36 459 000	7 091 000
Financial Income	4 599 000	3 261 000	4 261 000	5 428 000
Financial Costs	10 506 000	9 855 000	11 695 000	11 645 000
Financial Balance	−5 907 000	−6 594 000	−7 434 000	−6 217 000
Dividends	0	0	0	0
Net Income	30 584 000	42 055 000	20 825 000	−1 381 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	2 569 000	5 981 000	9 168 000
Total Intangible Assets	5 018 000	11 922 000	23 773 000	32 137 000
Real Eastate	163 266 000	169 669 000	182 673 000	187 896 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	31 600 000	23 418 000	16 463 000	17 245 000
Total Tangible Assets	194 866 000	193 087 000	199 137 000	205 140 000
Total Fiancial Fixed Assets	26 053 000	21 626 000	21 570 000	23 006 000
Total Fixed Assets	225 936 000	226 635 000	244 480 000	260 283 000
Stock	84 763 000	81 968 000	85 627 000	81 603 000
Total Investments	146 281 000	139 000	139 897 000	76 471 000
Cash, Bank	146 280 000	149 870 000	139 640 000	0
Total Current Assets	337 880 000	340 468 000	313 658 000	308 344 000
Total Assets	563 815 000	567 103 000	558 138 000	568 627 000
Total Equity	165 290 000	143 019 000	122 556 000	104 013 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	182 740 000	188 984 000	205 047 000	223 301 000
Creditors	54 675 000	55 404 000	61 358 000	72 511 000
Unpaid Taxes	34 646 000	39 196 000	35 663 000	34 414 000
Dividends	0	0	0	0
Other Current Debt	108 796 000	121 245 000	104 606 000	97 056 000
Total Current Debt	215 786 000	235 100 000	230 535 000	241 313 000
Total Equity and Debt	563 815 000	567 103 000	558 138 000	568 627 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,5 %	29,41 %	16,99 %	−1,33 %
Debt-to-Equity Ratio	1,11	1,32	1,67	2,15
Operating Profit Margin	4,51 %	5,98 %	3,35 %	0,59 %
Current Ratio	1,57	1,45	1,36	1,28
Quick Ratio	2,58	2,22	2,16	1,93
Equity Ratio	0,29	0,25	0,22	0,18
Gross Profit Margin	40,96 %	41,39 %	41,23 %	34,02 %