HTL ELECTRIC GROUP AS

6440 ELNESVÅGEN

Finances

Return on Equity

6,53 %

Current Ratio

1,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	37 046 000	37 772 000	36 032 000	32 056 000
Net Income	286 000	986 000	1 859 000	1 992 000
Total Assets	16 948 000	14 426 000	12 688 000	10 788 000
Total Equity	4 382 000	4 942 000	3 956 000	3 066 000

Income (NOK)	2022	2021	2020	2019
Revenue	37 046 000	37 772 000	36 032 000	32 056 000
Expenditure	36 552 000	36 379 000	33 557 000	29 252 000
Operating Profit	494 000	1 392 000	2 475 000	2 804 000
Financial Income	34 000	20 000	36 000	32 000
Financial Costs	162 000	147 000	125 000	283 000
Financial Balance	−128 000	−127 000	−89 000	−251 000
Earnings Before Tax	366 000	1 264 000	2 385 000	2 554 000
Tax	81 000	278 000	526 000	562 000
Net Income	286 000	986 000	1 859 000	1 992 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 499 000	1 401 000	2 098 000	2 369 000
Total Current Assets	15 449 000	13 025 000	10 590 000	8 419 000
Total Assets	16 948 000	14 426 000	12 688 000	10 788 000
Total Retained Equity	4 263 000	4 810 000	3 824 000	2 933 000
Total Equity	4 382 000	4 942 000	3 956 000	3 066 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 565 000	9 484 000	8 732 000	7 723 000
Total Equity and Debt	16 948 000	14 426 000	12 688 000	10 788 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 024 000	37 731 000	36 026 000	31 521 000
Other Income	22 000	41 000	6 000	535 000
Revenue	37 046 000	37 772 000	36 032 000	32 056 000
Cost of Goods Sold	14 052 000	15 251 000	12 725 000	11 066 000
Salary Costs	17 907 000	16 512 000	15 800 000	13 728 000
Depreciation	604 000	1 022 000	1 196 000	966 000
Impairment	0	0	0	0
Expenditure	36 552 000	36 379 000	33 557 000	29 252 000
Operating Profit	494 000	1 392 000	2 475 000	2 804 000
Financial Income	34 000	20 000	36 000	32 000
Financial Costs	162 000	147 000	125 000	283 000
Financial Balance	−128 000	−127 000	−89 000	−251 000
Dividends	300 000	0	968 000	560 000
Net Income	286 000	986 000	1 859 000	1 992 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	102 000	508 000
Total Intangible Assets	470 000	387 000	316 000	614 000
Real Eastate	50 000	56 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	961 000	940 000	1 764 000	1 755 000
Total Tangible Assets	1 011 000	997 000	1 764 000	1 755 000
Total Fiancial Fixed Assets	18 000	18 000	18 000	0
Total Fixed Assets	1 499 000	1 401 000	2 098 000	2 369 000
Stock	650 000	696 000	467 000	501 000
Total Investments	0	0	0	0
Cash, Bank	872 000	478 000	1 519 000	484 000
Total Current Assets	15 449 000	13 025 000	10 590 000	8 419 000
Total Assets	16 948 000	14 426 000	12 688 000	10 788 000
Total Equity	4 382 000	4 942 000	3 956 000	3 066 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 206 000	2 300 000	2 692 000	1 683 000
Unpaid Taxes	6 288 000	2 991 000	2 708 000	1 975 000
Dividends	300 000	0	968 000	560 000
Other Current Debt	2 162 000	1 861 000	1 730 000	1 607 000
Total Current Debt	12 565 000	9 484 000	8 732 000	7 723 000
Total Equity and Debt	16 948 000	14 426 000	12 688 000	10 788 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,53 %	19,95 %	46,99 %	64,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,33 %	3,69 %	6,87 %	8,75 %
Current Ratio	1,23	1,37	1,21	1,09
Quick Ratio	1,3	1,48	1,28	1,17
Equity Ratio	0,26	0,34	0,31	0,28
Gross Profit Margin	62,07 %	59,62 %	64,68 %	65,48 %