HÅ ELEMENT AS

4360 VARHAUG

Finances

Return on Equity

−0,26 %

Current Ratio

1,4

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	269 047 000	253 150 000	214 846 000	56 130 000
Net Income	−70 000	−2 814 000	−2 650 000	4 551 000
Total Assets	71 583 000	77 608 000	84 759 000	10 619 000
Total Equity	26 977 000	27 409 000	41 881 000	4 643 000

Income (NOK)	2022	2021	2020	2019
Revenue	269 047 000	253 150 000	214 846 000	56 130 000
Expenditure	269 130 000	256 852 000	218 072 000	49 261 000
Operating Profit	−84 000	−3 702 000	−3 226 000	5 853 000
Financial Income	264 000	303 000	110 000	0
Financial Costs	270 000	209 000	48 000	0
Financial Balance	−6 000	94 000	62 000	0
Earnings Before Tax	−90 000	−3 608 000	−3 164 000	5 853 000
Tax	−20 000	−794 000	−514 000	1 301 000
Net Income	−70 000	−2 814 000	−2 650 000	4 551 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 251 000	14 143 000	15 685 000	1 054 000
Total Current Assets	62 332 000	63 465 000	69 074 000	9 565 000
Total Assets	71 583 000	77 608 000	84 759 000	10 619 000
Total Retained Equity	26 828 000	27 261 000	41 733 000	4 607 000
Total Equity	26 977 000	27 409 000	41 881 000	4 643 000
Total Long-Term Debt	0	0	601 000	951 000
Total Current Debt	44 606 000	50 199 000	42 277 000	5 026 000
Total Equity and Debt	71 583 000	77 608 000	84 759 000	10 619 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	264 047 000	249 406 000	214 549 000	56 114 000
Other Income	4 999 000	3 745 000	296 000	16 000
Revenue	269 047 000	253 150 000	214 846 000	56 130 000
Cost of Goods Sold	135 900 000	114 951 000	102 924 000	14 484 000
Salary Costs	88 162 000	94 992 000	79 899 000	21 334 000
Depreciation	3 890 000	4 224 000	4 474 000	648 000
Impairment	0	0	0	0
Expenditure	269 130 000	256 852 000	218 072 000	49 261 000
Operating Profit	−84 000	−3 702 000	−3 226 000	5 853 000
Financial Income	264 000	303 000	110 000	0
Financial Costs	270 000	209 000	48 000	0
Financial Balance	−6 000	94 000	62 000	0
Dividends	12 000	11 658 000	0	0
Net Income	−70 000	−2 814 000	−2 650 000	4 551 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	311 000	193 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	7 503 000	12 369 000	14 430 000	1 054 000
Fixtures	626 000	736 000	331 000	0
Total Tangible Assets	8 130 000	13 104 000	14 761 000	1 054 000
Total Fiancial Fixed Assets	810 000	846 000	923 000	0
Total Fixed Assets	9 251 000	14 143 000	15 685 000	1 054 000
Stock	9 715 000	12 068 000	11 186 000	3 174 000
Total Investments	0	0	0	0
Cash, Bank	4 111 000	1 256 000	20 740 000	1 271 000
Total Current Assets	62 332 000	63 465 000	69 074 000	9 565 000
Total Assets	71 583 000	77 608 000	84 759 000	10 619 000
Total Equity	26 977 000	27 409 000	41 881 000	4 643 000
Short-Term Group Debt	449 000	0	0	496 000
Total Long-Term Debt	0	0	601 000	951 000
Creditors	21 763 000	12 879 000	16 308 000	2 784 000
Unpaid Taxes	8 509 000	12 325 000	9 580 000	603 000
Dividends	12 000	11 658 000	0	0
Other Current Debt	13 873 000	13 337 000	16 389 000	424 000
Total Current Debt	44 606 000	50 199 000	42 277 000	5 026 000
Total Equity and Debt	71 583 000	77 608 000	84 759 000	10 619 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,26 %	−10,27 %	−6,33 %	98,02 %
Debt-to-Equity Ratio	0	0	0,01	0,2
Operating Profit Margin	−0,03 %	−1,46 %	−1,5 %	10,43 %
Current Ratio	1,4	1,26	1,63	1,9
Quick Ratio	1,79	1,66	2,22	5,16
Equity Ratio	0,38	0,35	0,49	0,44
Gross Profit Margin	49,49 %	54,59 %	52,09 %	74,2 %