HOEL ELEKTRO AS

0575 OSLO

Finances

Return on Equity

31,59 %

Current Ratio

1,86

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 088 000	17 433 000	26 152 000	36 069 000
Net Income	1 301 000	1 436 000	2 632 000	4 892 000
Total Assets	8 726 000	9 700 000	12 380 000	14 626 000
Total Equity	4 118 000	4 017 000	4 581 000	4 149 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 088 000	17 433 000	26 152 000	36 069 000
Expenditure	16 397 000	15 560 000	22 754 000	29 767 000
Operating Profit	1 691 000	1 873 000	3 399 000	6 302 000
Financial Income	23 000	8 000	19 000	22 000
Financial Costs	36 000	30 000	33 000	45 000
Financial Balance	−13 000	−22 000	−14 000	−23 000
Earnings Before Tax	1 678 000	1 851 000	3 385 000	6 279 000
Tax	377 000	415 000	753 000	1 387 000
Net Income	1 301 000	1 436 000	2 632 000	4 892 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	311 000	491 000	715 000	735 000
Total Current Assets	8 416 000	9 209 000	11 665 000	13 890 000
Total Assets	8 726 000	9 700 000	12 380 000	14 626 000
Total Retained Equity	3 818 000	3 717 000	4 281 000	3 849 000
Total Equity	4 118 000	4 017 000	4 581 000	4 149 000
Total Long-Term Debt	89 000	118 000	148 000	0
Total Current Debt	4 520 000	5 565 000	7 650 000	10 476 000
Total Equity and Debt	8 726 000	9 700 000	12 380 000	14 626 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 088 000	17 433 000	26 152 000	36 069 000
Other Income	0	0	0	0
Revenue	18 088 000	17 433 000	26 152 000	36 069 000
Cost of Goods Sold	5 791 000	5 123 000	12 496 000	19 027 000
Salary Costs	8 988 000	9 069 000	9 325 000	8 804 000
Depreciation	204 000	200 000	177 000	164 000
Impairment	0	0	0	0
Expenditure	16 397 000	15 560 000	22 754 000	29 767 000
Operating Profit	1 691 000	1 873 000	3 399 000	6 302 000
Financial Income	23 000	8 000	19 000	22 000
Financial Costs	36 000	30 000	33 000	45 000
Financial Balance	−13 000	−22 000	−14 000	−23 000
Dividends	1 200 000	2 000 000	2 200 000	4 000 000
Net Income	1 301 000	1 436 000	2 632 000	4 892 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	112 000	88 000	132 000	234 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	193 000	397 000	576 000	495 000
Total Tangible Assets	193 000	397 000	576 000	495 000
Total Fiancial Fixed Assets	6 000	6 000	6 000	6 000
Total Fixed Assets	311 000	491 000	715 000	735 000
Stock	318 000	300 000	321 000	326 000
Total Investments	0	0	0	0
Cash, Bank	4 875 000	5 811 000	5 570 000	8 086 000
Total Current Assets	8 416 000	9 209 000	11 665 000	13 890 000
Total Assets	8 726 000	9 700 000	12 380 000	14 626 000
Total Equity	4 118 000	4 017 000	4 581 000	4 149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	89 000	118 000	148 000	0
Creditors	446 000	442 000	1 582 000	1 407 000
Unpaid Taxes	1 383 000	1 580 000	1 832 000	1 769 000
Dividends	1 200 000	2 000 000	2 200 000	4 000 000
Other Current Debt	1 090 000	1 173 000	1 386 000	1 792 000
Total Current Debt	4 520 000	5 565 000	7 650 000	10 476 000
Total Equity and Debt	8 726 000	9 700 000	12 380 000	14 626 000

Financial indicators	2022	2021	2020	2019
Return on Equity	31,59 %	35,75 %	57,45 %	117,91 %
Debt-to-Equity Ratio	0,02	0,03	0,03	0
Operating Profit Margin	9,35 %	10,74 %	13 %	17,47 %
Current Ratio	1,86	1,65	1,52	1,33
Quick Ratio	2	1,75	1,59	1,37
Equity Ratio	0,47	0,41	0,37	0,28
Gross Profit Margin	67,98 %	70,61 %	52,22 %	47,25 %