HARDANGER ELEKTRO AS

5750 ODDA

Finances

Share Ownership

Return on Equity

−41,71 %

Current Ratio

0,39

Debt-to-Equity Ratio

−0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 699 000	2 025 000	1 530 000	1 049 000
Net Income	614 000	−2 301 000	238 000	−104 000
Total Assets	800 000	342 000	514 000	291 000
Total Equity	−1 472 000	−2 087 000	215 000	−23 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 699 000	2 025 000	1 530 000	1 049 000
Expenditure	4 056 000	2 903 000	1 247 000	1 148 000
Operating Profit	644 000	−878 000	283 000	−99 000
Financial Income	0	3 367 000	0	0
Financial Costs	29 000	4 789 000	11 000	4 000
Financial Balance	−29 000	−1 422 000	−11 000	−4 000
Earnings Before Tax	614 000	−2 301 000	272 000	−104 000
Tax	0	0	34 000	0
Net Income	614 000	−2 301 000	238 000	−104 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	800 000	342 000	514 000	291 000
Total Assets	800 000	342 000	514 000	291 000
Total Retained Equity	−1 502 000	−2 117 000	185 000	−53 000
Total Equity	−1 472 000	−2 087 000	215 000	−23 000
Total Long-Term Debt	201 000	1 637 000	0	0
Total Current Debt	2 071 000	792 000	299 000	314 000
Total Equity and Debt	800 000	342 000	514 000	291 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 699 000	2 025 000	1 530 000	1 049 000
Other Income	0	0	0	0
Revenue	4 699 000	2 025 000	1 530 000	1 049 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 782 000	2 697 000	1 105 000	1 023 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 056 000	2 903 000	1 247 000	1 148 000
Operating Profit	644 000	−878 000	283 000	−99 000
Financial Income	0	3 367 000	0	0
Financial Costs	29 000	4 789 000	11 000	4 000
Financial Balance	−29 000	−1 422 000	−11 000	−4 000
Dividends	0	0	0	0
Net Income	614 000	−2 301 000	238 000	−104 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	413 000	135 000	53 000	78 000
Total Current Assets	800 000	342 000	514 000	291 000
Total Assets	800 000	342 000	514 000	291 000
Total Equity	−1 472 000	−2 087 000	215 000	−23 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	201 000	1 637 000	0	0
Creditors	15 000	44 000	−4 000	16 000
Unpaid Taxes	1 692 000	477 000	151 000	137 000
Dividends	0	0	0	0
Other Current Debt	364 000	272 000	118 000	161 000
Total Current Debt	2 071 000	792 000	299 000	314 000
Total Equity and Debt	800 000	342 000	514 000	291 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−41,71 %	110,25 %	110,7 %	452,17 %
Debt-to-Equity Ratio	−0,14	−0,78	0	−0
Operating Profit Margin	13,71 %	−43,36 %	18,5 %	−9,44 %
Current Ratio	0,39	0,43	1,72	0,93
Quick Ratio	0,39	0,43	1,72	0,93
Equity Ratio	−1,84	−6,1	0,42	−0,08
Gross Profit Margin	100 %	100 %	100 %	100 %