HGN ELEKTRO AS

0668 OSLO

Finances

Share Ownership

Return on Equity

56,55 %

Current Ratio

1,57

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 917 000	91 946 000	76 157 000	118 781 000
Net Income	10 659 000	9 498 000	7 875 000	11 530 000
Total Assets	44 882 000	42 135 000	40 071 000	49 763 000
Total Equity	18 849 000	18 190 000	17 692 000	21 816 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 917 000	91 946 000	76 157 000	118 781 000
Expenditure	87 298 000	79 773 000	66 086 000	104 078 000
Operating Profit	13 619 000	12 173 000	10 071 000	14 702 000
Financial Income	51 000	11 000	73 000	90 000
Financial Costs	4 000	1 000	39 000	10 000
Financial Balance	47 000	10 000	34 000	80 000
Earnings Before Tax	13 665 000	12 184 000	10 104 000	14 783 000
Tax	3 007 000	2 685 000	2 229 000	3 253 000
Net Income	10 659 000	9 498 000	7 875 000	11 530 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 983 000	2 192 000	2 110 000	945 000
Total Current Assets	40 900 000	39 943 000	37 962 000	48 817 000
Total Assets	44 882 000	42 135 000	40 071 000	49 763 000
Total Retained Equity	18 349 000	17 690 000	17 192 000	21 316 000
Total Equity	18 849 000	18 190 000	17 692 000	21 816 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	26 034 000	23 945 000	22 380 000	27 946 000
Total Equity and Debt	44 882 000	42 135 000	40 071 000	49 763 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 917 000	91 946 000	76 157 000	118 781 000
Other Income	0	0	0	0
Revenue	100 917 000	91 946 000	76 157 000	118 781 000
Cost of Goods Sold	49 885 000	51 803 000	39 932 000	72 990 000
Salary Costs	30 883 000	23 471 000	21 702 000	27 527 000
Depreciation	652 000	316 000	120 000	87 000
Impairment	38 000	0	0	0
Expenditure	87 298 000	79 773 000	66 086 000	104 078 000
Operating Profit	13 619 000	12 173 000	10 071 000	14 702 000
Financial Income	51 000	11 000	73 000	90 000
Financial Costs	4 000	1 000	39 000	10 000
Financial Balance	47 000	10 000	34 000	80 000
Dividends	0	0	0	0
Net Income	10 659 000	9 498 000	7 875 000	11 530 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000 000	873 000	751 000	534 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 797 000	1 037 000	1 194 000	198 000
Total Tangible Assets	2 797 000	1 037 000	1 194 000	198 000
Total Fiancial Fixed Assets	185 000	283 000	164 000	213 000
Total Fixed Assets	3 983 000	2 192 000	2 110 000	945 000
Stock	280 000	180 000	102 000	50 000
Total Investments	0	0	0	0
Cash, Bank	16 560 000	20 711 000	23 393 000	35 870 000
Total Current Assets	40 900 000	39 943 000	37 962 000	48 817 000
Total Assets	44 882 000	42 135 000	40 071 000	49 763 000
Total Equity	18 849 000	18 190 000	17 692 000	21 816 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 515 000	7 108 000	5 071 000	8 596 000
Unpaid Taxes	4 389 000	3 133 000	2 947 000	4 379 000
Dividends	0	0	0	0
Other Current Debt	11 986 000	10 897 000	11 906 000	11 715 000
Total Current Debt	26 034 000	23 945 000	22 380 000	27 946 000
Total Equity and Debt	44 882 000	42 135 000	40 071 000	49 763 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,55 %	52,22 %	44,51 %	52,85 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	13,5 %	13,24 %	13,22 %	12,38 %
Current Ratio	1,57	1,67	1,7	1,75
Quick Ratio	1,59	1,68	1,7	1,75
Equity Ratio	0,42	0,43	0,44	0,44
Gross Profit Margin	50,57 %	43,66 %	47,57 %	38,55 %