HALVORSEN EL & EIENDOM AS

3085 HOLMESTRAND

Finances

Return on Equity

18,44 %

Current Ratio

4,89

Debt-to-Equity Ratio

13,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	379 000	402 000	754 000	612 000
Net Income	33 000	21 000	50 000	−15 000
Total Assets	2 661 000	2 571 000	2 773 000	2 782 000
Total Equity	179 000	146 000	125 000	75 000

Income (NOK)	2022	2021	2020	2019
Revenue	379 000	402 000	754 000	612 000
Expenditure	249 000	332 000	613 000	559 000
Operating Profit	130 000	70 000	140 000	52 000
Financial Income	0	0	2 000	10 000
Financial Costs	97 000	46 000	72 000	50 000
Financial Balance	−97 000	−46 000	−70 000	−40 000
Earnings Before Tax	33 000	24 000	71 000	12 000
Tax	0	2 000	21 000	28 000
Net Income	33 000	21 000	50 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 338 000	2 457 000	2 345 000	2 418 000
Total Current Assets	323 000	113 000	428 000	365 000
Total Assets	2 661 000	2 571 000	2 773 000	2 782 000
Total Retained Equity	149 000	116 000	95 000	45 000
Total Equity	179 000	146 000	125 000	75 000
Total Long-Term Debt	2 416 000	2 414 000	2 435 000	2 509 000
Total Current Debt	66 000	10 000	213 000	199 000
Total Equity and Debt	2 661 000	2 571 000	2 773 000	2 782 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	379 000	402 000	754 000	612 000
Other Income	0	0	0	0
Revenue	379 000	402 000	754 000	612 000
Cost of Goods Sold	0	132 000	281 000	181 000
Salary Costs	0	0	0	8 000
Depreciation	102 000	97 000	112 000	115 000
Impairment	0	0	0	0
Expenditure	249 000	332 000	613 000	559 000
Operating Profit	130 000	70 000	140 000	52 000
Financial Income	0	0	2 000	10 000
Financial Costs	97 000	46 000	72 000	50 000
Financial Balance	−97 000	−46 000	−70 000	−40 000
Dividends	0	0	0	0
Net Income	33 000	21 000	50 000	−15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 744 000	1 836 000	1 928 000	2 020 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	36 000	0	20 000
Total Tangible Assets	1 770 000	1 872 000	1 928 000	2 040 000
Total Fiancial Fixed Assets	569 000	585 000	417 000	378 000
Total Fixed Assets	2 338 000	2 457 000	2 345 000	2 418 000
Stock	0	0	0	0
Total Investments	20 000	20 000	20 000	45 000
Cash, Bank	0	10 000	164 000	245 000
Total Current Assets	323 000	113 000	428 000	365 000
Total Assets	2 661 000	2 571 000	2 773 000	2 782 000
Total Equity	179 000	146 000	125 000	75 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 416 000	2 414 000	2 435 000	2 509 000
Creditors	8 000	8 000	118 000	158 000
Unpaid Taxes	58 000	0	66 000	13 000
Dividends	0	0	0	0
Other Current Debt	0	0	8 000	0
Total Current Debt	66 000	10 000	213 000	199 000
Total Equity and Debt	2 661 000	2 571 000	2 773 000	2 782 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,44 %	14,38 %	40 %	−20 %
Debt-to-Equity Ratio	13,5	16,53	19,48	33,45
Operating Profit Margin	34,3 %	17,41 %	18,57 %	8,5 %
Current Ratio	4,89	11,3	2,01	1,83
Quick Ratio	4,89	11,3	2,01	1,83
Equity Ratio	0,07	0,06	0,05	0,03
Gross Profit Margin	100 %	67,16 %	62,73 %	70,42 %