HANESETH TERNE ELEKTRO AS

5132 NYBORG

Finances

Share Ownership

Return on Equity

−26,09 %

Current Ratio

1,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 564 000	8 600 000	8 416 000	8 823 000
Net Income	−204 000	97 000	−201 000	1 204 000
Total Assets	3 462 000	3 574 000	5 344 000	4 239 000
Total Equity	782 000	1 096 000	2 000 000	2 501 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 564 000	8 600 000	8 416 000	8 823 000
Expenditure	8 796 000	8 455 000	8 665 000	7 627 000
Operating Profit	−232 000	144 000	−247 000	1 197 000
Financial Income	2 000	7 000	1 000	3 000
Financial Costs	27 000	21 000	8 000	1 000
Financial Balance	−25 000	−14 000	−7 000	2 000
Earnings Before Tax	−257 000	130 000	−254 000	1 198 000
Tax	−53 000	33 000	−53 000	−6 000
Net Income	−204 000	97 000	−201 000	1 204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	230 000	207 000	270 000	74 000
Total Current Assets	3 232 000	3 367 000	5 074 000	4 166 000
Total Assets	3 462 000	3 574 000	5 344 000	4 239 000
Total Retained Equity	692 000	1 006 000	1 909 000	2 411 000
Total Equity	782 000	1 096 000	2 000 000	2 501 000
Total Long-Term Debt	0	0	1 000 000	0
Total Current Debt	2 680 000	2 478 000	2 344 000	1 738 000
Total Equity and Debt	3 462 000	3 574 000	5 344 000	4 239 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 564 000	8 599 000	8 416 000	8 822 000
Other Income	0	0	1 000	1 000
Revenue	8 564 000	8 600 000	8 416 000	8 823 000
Cost of Goods Sold	3 350 000	2 735 000	2 002 000	2 283 000
Salary Costs	3 988 000	4 119 000	4 269 000	3 761 000
Depreciation	30 000	30 000	13 000	0
Impairment	0	0	0	0
Expenditure	8 796 000	8 455 000	8 665 000	7 627 000
Operating Profit	−232 000	144 000	−247 000	1 197 000
Financial Income	2 000	7 000	1 000	3 000
Financial Costs	27 000	21 000	8 000	1 000
Financial Balance	−25 000	−14 000	−7 000	2 000
Dividends	110 000	1 000 000	300 000	0
Net Income	−204 000	97 000	−201 000	1 204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	152 000	99 000	133 000	24 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	78 000	108 000	138 000	0
Total Tangible Assets	78 000	108 000	138 000	0
Total Fiancial Fixed Assets	0	0	0	50 000
Total Fixed Assets	230 000	207 000	270 000	74 000
Stock	697 000	772 000	951 000	439 000
Total Investments	0	0	0	0
Cash, Bank	872 000	1 297 000	2 530 000	1 614 000
Total Current Assets	3 232 000	3 367 000	5 074 000	4 166 000
Total Assets	3 462 000	3 574 000	5 344 000	4 239 000
Total Equity	782 000	1 096 000	2 000 000	2 501 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000 000	0
Creditors	513 000	281 000	342 000	507 000
Unpaid Taxes	645 000	512 000	687 000	500 000
Dividends	110 000	1 000 000	300 000	0
Other Current Debt	1 172 000	1 684 000	1 260 000	732 000
Total Current Debt	2 680 000	2 478 000	2 344 000	1 738 000
Total Equity and Debt	3 462 000	3 574 000	5 344 000	4 239 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,09 %	8,85 %	−10,05 %	48,14 %
Debt-to-Equity Ratio	0	0	0,5	0
Operating Profit Margin	−2,71 %	1,67 %	−2,93 %	13,57 %
Current Ratio	1,21	1,36	2,16	2,4
Quick Ratio	1,63	1,97	3,64	3,21
Equity Ratio	0,23	0,31	0,37	0,59
Gross Profit Margin	60,88 %	68,2 %	76,21 %	74,12 %