HOEM ELEKTRO AS

6783 STRYN

Finances

Share Ownership

Return on Equity

37,5 %

Current Ratio

1,43

Debt-to-Equity Ratio

2,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 390 000	2 908 000	2 303 000	0
Net Income	18 000	356 000	−20 000	−4 000
Total Assets	395 000	858 000	380 000	7 000
Total Equity	48 000	342 000	−15 000	5 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 390 000	2 908 000	2 303 000	0
Expenditure	2 299 000	2 425 000	2 325 000	5 000
Operating Profit	92 000	483 000	−22 000	−5 000
Financial Income	0	0	1 000	40 000
Financial Costs	68 000	22 000	4 000	40 000
Financial Balance	−68 000	−22 000	−3 000	0
Earnings Before Tax	23 000	462 000	−25 000	−5 000
Tax	5 000	105 000	−6 000	−1 000
Net Income	18 000	356 000	−20 000	−4 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	69 000	108 000	7 000
Total Current Assets	352 000	789 000	272 000	0
Total Assets	395 000	858 000	380 000	7 000
Total Retained Equity	18 000	312 000	−45 000	−25 000
Total Equity	48 000	342 000	−15 000	5 000
Total Long-Term Debt	100 000	0	0	0
Total Current Debt	247 000	517 000	394 000	1 000
Total Equity and Debt	395 000	858 000	380 000	7 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 390 000	2 908 000	2 304 000	0
Other Income	0	0	0	0
Revenue	2 390 000	2 908 000	2 303 000	0
Cost of Goods Sold	1 459 000	955 000	935 000	0
Salary Costs	336 000	983 000	822 000	0
Depreciation	17 000	17 000	14 000	0
Impairment	0	0	0	0
Expenditure	2 299 000	2 425 000	2 325 000	5 000
Operating Profit	92 000	483 000	−22 000	−5 000
Financial Income	0	0	1 000	40 000
Financial Costs	68 000	22 000	4 000	40 000
Financial Balance	−68 000	−22 000	−3 000	0
Dividends	312 000	0	0	0
Net Income	18 000	356 000	−20 000	−4 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	2 000	12 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	32 000	49 000	0
Total Tangible Assets	14 000	32 000	49 000	0
Total Fiancial Fixed Assets	26 000	36 000	47 000	0
Total Fixed Assets	43 000	69 000	108 000	7 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 000	28 000	113 000	0
Total Current Assets	352 000	789 000	272 000	0
Total Assets	395 000	858 000	380 000	7 000
Total Equity	48 000	342 000	−15 000	5 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	0	0	0
Creditors	182 000	62 000	10 000	1 000
Unpaid Taxes	28 000	311 000	212 000	0
Dividends	312 000	0	0	0
Other Current Debt	30 000	50 000	173 000	0
Total Current Debt	247 000	517 000	394 000	1 000
Total Equity and Debt	395 000	858 000	380 000	7 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,5 %	104,09 %	133,33 %	−80 %
Debt-to-Equity Ratio	2,08	0	−0	0
Operating Profit Margin	3,85 %	16,61 %	−0,96 %	-
Current Ratio	1,43	1,53	0,69	0
Quick Ratio	1,43	1,53	0,69	0
Equity Ratio	0,12	0,4	−0,04	0,71
Gross Profit Margin	38,95 %	67,16 %	59,4 %	-