ELEKTRO HELGELAND AS

8762 SLENESET

Finances

Share Ownership

Return on Equity

19,73 %

Current Ratio

1,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 916 000	17 820 000	17 103 000	15 681 000
Net Income	1 364 000	2 324 000	2 680 000	2 155 000
Total Assets	11 519 000	11 066 000	10 926 000	8 331 000
Total Equity	6 914 000	6 550 000	5 726 000	5 546 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 916 000	17 820 000	17 103 000	15 681 000
Expenditure	14 201 000	14 856 000	13 697 000	12 972 000
Operating Profit	1 715 000	2 964 000	3 407 000	2 709 000
Financial Income	39 000	17 000	31 000	57 000
Financial Costs	0	0	0	0
Financial Balance	39 000	17 000	31 000	57 000
Earnings Before Tax	1 754 000	2 980 000	3 438 000	2 766 000
Tax	389 000	657 000	758 000	612 000
Net Income	1 364 000	2 324 000	2 680 000	2 155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 460 000	3 144 000	833 000	123 000
Total Current Assets	8 059 000	7 921 000	10 094 000	8 207 000
Total Assets	11 519 000	11 066 000	10 926 000	8 331 000
Total Retained Equity	5 914 000	5 550 000	4 726 000	4 546 000
Total Equity	6 914 000	6 550 000	5 726 000	5 546 000
Total Long-Term Debt	0	18 000	0	0
Total Current Debt	4 605 000	4 498 000	5 200 000	2 785 000
Total Equity and Debt	11 519 000	11 066 000	10 926 000	8 331 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 856 000	17 820 000	17 103 000	15 681 000
Other Income	60 000	0	0	0
Revenue	15 916 000	17 820 000	17 103 000	15 681 000
Cost of Goods Sold	4 862 000	6 759 000	5 799 000	6 160 000
Salary Costs	6 814 000	6 150 000	6 052 000	5 110 000
Depreciation	133 000	62 000	31 000	37 000
Impairment	0	0	0	0
Expenditure	14 201 000	14 856 000	13 697 000	12 972 000
Operating Profit	1 715 000	2 964 000	3 407 000	2 709 000
Financial Income	39 000	17 000	31 000	57 000
Financial Costs	0	0	0	0
Financial Balance	39 000	17 000	31 000	57 000
Dividends	1 000 000	1 500 000	2 500 000	0
Net Income	1 364 000	2 324 000	2 680 000	2 155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	67 000	0	34 000	47 000
Real Eastate	2 919 000	2 728 000	655 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	268 000	178 000	138 000	73 000
Total Tangible Assets	3 187 000	2 905 000	793 000	73 000
Total Fiancial Fixed Assets	205 000	239 000	6 000	3 000
Total Fixed Assets	3 460 000	3 144 000	833 000	123 000
Stock	1 604 000	1 072 000	942 000	559 000
Total Investments	0	0	0	0
Cash, Bank	1 049 000	2 737 000	3 832 000	3 756 000
Total Current Assets	8 059 000	7 921 000	10 094 000	8 207 000
Total Assets	11 519 000	11 066 000	10 926 000	8 331 000
Total Equity	6 914 000	6 550 000	5 726 000	5 546 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	18 000	0	0
Creditors	1 173 000	821 000	956 000	831 000
Unpaid Taxes	1 027 000	807 000	1 096 000	555 000
Dividends	1 000 000	1 500 000	2 500 000	0
Other Current Debt	930 000	765 000	903 000	777 000
Total Current Debt	4 605 000	4 498 000	5 200 000	2 785 000
Total Equity and Debt	11 519 000	11 066 000	10 926 000	8 331 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,73 %	35,48 %	46,8 %	38,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	10,78 %	16,63 %	19,92 %	17,28 %
Current Ratio	1,75	1,76	1,94	2,95
Quick Ratio	2,69	2,31	2,37	3,69
Equity Ratio	0,6	0,59	0,52	0,67
Gross Profit Margin	69,45 %	62,07 %	66,09 %	60,72 %