HANESETH SIMCON ELEKTRO AS

7047 TRONDHEIM

Finances

Share Ownership

Return on Equity

143,75 %

Current Ratio

0,75

Debt-to-Equity Ratio

−0,84

Key figures (NOK)	2022	2021	2020
Revenue	14 456 000	7 408 000	659 000
Net Income	−483 000	−16 000	139 000
Total Assets	3 391 000	2 510 000	583 000
Total Equity	−336 000	148 000	163 000

Income (NOK)	2022	2021	2020
Revenue	14 456 000	7 408 000	659 000
Expenditure	15 036 000	7 406 000	483 000
Operating Profit	−580 000	2 000	176 000
Financial Income	1 000	1 000	0
Financial Costs	40 000	23 000	0
Financial Balance	−39 000	−22 000	0
Earnings Before Tax	−619 000	−20 000	176 000
Tax	−136 000	−4 000	38 000
Net Income	−483 000	−16 000	139 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	816 000	733 000	276 000
Total Current Assets	2 575 000	1 777 000	307 000
Total Assets	3 391 000	2 510 000	583 000
Total Retained Equity	−360 000	123 000	139 000
Total Equity	−336 000	148 000	163 000
Total Long-Term Debt	282 000	396 000	15 000
Total Current Debt	3 444 000	1 967 000	405 000
Total Equity and Debt	3 391 000	2 510 000	583 000

Cash flow (NOK)	2022	2021	2020
Sales Income	14 451 000	7 403 000	659 000
Other Income	5 000	5 000	0
Revenue	14 456 000	7 408 000	659 000
Cost of Goods Sold	5 886 000	2 887 000	81 000
Salary Costs	7 269 000	3 046 000	303 000
Depreciation	192 000	161 000	20 000
Impairment	0	0	0
Expenditure	15 036 000	7 406 000	483 000
Operating Profit	−580 000	2 000	176 000
Financial Income	1 000	1 000	0
Financial Costs	40 000	23 000	0
Financial Balance	−39 000	−22 000	0
Dividends	0	0	0
Net Income	−483 000	−16 000	139 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	125 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	571 000	701 000	276 000
Total Tangible Assets	571 000	701 000	276 000
Total Fiancial Fixed Assets	120 000	32 000	0
Total Fixed Assets	816 000	733 000	276 000
Stock	258 000	253 000	0
Total Investments	0	0	0
Cash, Bank	241 000	734 000	300 000
Total Current Assets	2 575 000	1 777 000	307 000
Total Assets	3 391 000	2 510 000	583 000
Total Equity	−336 000	148 000	163 000
Short-Term Group Debt	703 000	0	0
Total Long-Term Debt	282 000	396 000	15 000
Creditors	452 000	281 000	80 000
Unpaid Taxes	906 000	555 000	79 000
Dividends	0	0	0
Other Current Debt	1 262 000	1 131 000	223 000
Total Current Debt	3 444 000	1 967 000	405 000
Total Equity and Debt	3 391 000	2 510 000	583 000

Financial indicators	2022	2021	2020
Return on Equity	143,75 %	−10,81 %	85,28 %
Debt-to-Equity Ratio	−0,84	2,68	0,09
Operating Profit Margin	−4,01 %	0,03 %	26,71 %
Current Ratio	0,75	0,9	0,76
Quick Ratio	0,81	1,04	0,76
Equity Ratio	−0,1	0,06	0,28
Gross Profit Margin	59,28 %	61,03 %	87,71 %