HØLAND OG SETSKOG ELVERK AS

1960 LØKEN

Finances

Share Ownership

Return on Equity

1,93 %

Current Ratio

2,66

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020
Revenue	72 080 000	62 221 000	47 850 000
Net Income	2 125 000	5 446 000	4 013 000
Total Assets	121 478 000	124 109 000	123 574 000
Total Equity	110 246 000	108 121 000	102 675 000

Income (NOK)	2022	2021	2020
Revenue	72 080 000	62 221 000	47 850 000
Expenditure	69 368 000	55 291 000	42 822 000
Operating Profit	2 712 000	6 930 000	5 029 000
Financial Income	17 000	57 000	135 000
Financial Costs	4 000	5 000	4 000
Financial Balance	13 000	52 000	131 000
Earnings Before Tax	2 725 000	6 982 000	5 159 000
Tax	599 000	1 536 000	1 146 000
Net Income	2 125 000	5 446 000	4 013 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	99 097 000	98 864 000	96 323 000
Total Current Assets	22 381 000	25 245 000	27 251 000
Total Assets	121 478 000	124 109 000	123 574 000
Total Retained Equity	19 212 000	17 086 000	11 641 000
Total Equity	110 246 000	108 121 000	102 675 000
Total Long-Term Debt	2 824 000	2 829 000	1 330 000
Total Current Debt	8 408 000	13 159 000	19 569 000
Total Equity and Debt	121 478 000	124 109 000	123 574 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	72 080 000	62 221 000	47 850 000
Revenue	72 080 000	62 221 000	47 850 000
Cost of Goods Sold	44 773 000	33 078 000	19 492 000
Salary Costs	5 619 000	4 525 000	5 276 000
Depreciation	7 228 000	6 950 000	6 741 000
Impairment	0	0	0
Expenditure	69 368 000	55 291 000	42 822 000
Operating Profit	2 712 000	6 930 000	5 029 000
Financial Income	17 000	57 000	135 000
Financial Costs	4 000	5 000	4 000
Financial Balance	13 000	52 000	131 000
Dividends	0	0	0
Net Income	2 125 000	5 446 000	4 013 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	81 013 000	81 127 000	79 708 000
Machinery and Plant Facilities	467 000	503 000	482 000
Fixtures	2 476 000	2 052 000	1 930 000
Total Tangible Assets	93 612 000	94 608 000	94 012 000
Total Fiancial Fixed Assets	5 485 000	4 257 000	2 311 000
Total Fixed Assets	99 097 000	98 864 000	96 323 000
Stock	1 714 000	1 137 000	1 283 000
Total Investments	0	0	0
Cash, Bank	1 202 000	836 000	431 000
Total Current Assets	22 381 000	25 245 000	27 251 000
Total Assets	121 478 000	124 109 000	123 574 000
Total Equity	110 246 000	108 121 000	102 675 000
Short-Term Group Debt	0	0	5 196 000
Total Long-Term Debt	2 824 000	2 829 000	1 330 000
Creditors	2 134 000	5 140 000	10 594 000
Unpaid Taxes	605 000	535 000	591 000
Dividends	0	0	0
Other Current Debt	5 065 000	7 447 000	1 221 000
Total Current Debt	8 408 000	13 159 000	19 569 000
Total Equity and Debt	121 478 000	124 109 000	123 574 000

Financial indicators	2022	2021	2020
Return on Equity	1,93 %	5,04 %	3,91 %
Debt-to-Equity Ratio	0,03	0,03	0,01
Operating Profit Margin	3,76 %	11,14 %	10,51 %
Current Ratio	2,66	1,92	1,39
Quick Ratio	3,34	2,1	1,49
Equity Ratio	0,91	0,87	0,83
Gross Profit Margin	37,88 %	46,84 %	59,26 %