HI ELEKTRO AS

4085 HUNDVÅG

Finances

Share Ownership

Return on Equity

82,35 %

Current Ratio

2,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	103 000	399 000	682 000
Net Income	14 000	14 000	−36 000
Total Assets	26 000	22 000	212 000
Total Equity	17 000	3 000	−12 000

Income (NOK)	2022	2021	2020
Revenue	103 000	399 000	682 000
Expenditure	89 000	384 000	718 000
Operating Profit	14 000	15 000	−36 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Earnings Before Tax	14 000	14 000	−36 000
Tax	0	0	0
Net Income	14 000	14 000	−36 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	−1 000	0
Total Current Assets	26 000	23 000	212 000
Total Assets	26 000	22 000	212 000
Total Retained Equity	−7 000	−22 000	−36 000
Total Equity	17 000	3 000	−12 000
Total Long-Term Debt	0	0	0
Total Current Debt	9 000	20 000	224 000
Total Equity and Debt	26 000	22 000	212 000

Cash flow (NOK)	2022	2021	2020
Sales Income	103 000	399 000	682 000
Other Income	0	0	0
Revenue	103 000	399 000	682 000
Cost of Goods Sold	43 000	201 000	288 000
Salary Costs	4 000	67 000	297 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	89 000	384 000	718 000
Operating Profit	14 000	15 000	−36 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Dividends	0	0	0
Net Income	14 000	14 000	−36 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	−1 000	0
Total Fixed Assets	0	−1 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	22 000	7 000	122 000
Total Current Assets	26 000	23 000	212 000
Total Assets	26 000	22 000	212 000
Total Equity	17 000	3 000	−12 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	5 000	19 000	76 000
Unpaid Taxes	0	0	74 000
Dividends	0	0	0
Other Current Debt	4 000	1 000	74 000
Total Current Debt	9 000	20 000	224 000
Total Equity and Debt	26 000	22 000	212 000

Financial indicators	2022	2021	2020
Return on Equity	82,35 %	466,67 %	300 %
Debt-to-Equity Ratio	0	0	−0
Operating Profit Margin	13,59 %	3,76 %	−5,28 %
Current Ratio	2,89	1,15	0,95
Quick Ratio	2,89	1,15	0,95
Equity Ratio	0,65	0,14	−0,06
Gross Profit Margin	58,25 %	49,62 %	57,77 %