HUMLEN & MOLVÆR ELEKTRO AS

6030 LANGEVÅG

Finances

Share Ownership

Return on Equity

−71,13 %

Current Ratio

1,03

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 934 000	67 348 000	44 489 000	51 352 000
Net Income	−1 875 000	1 696 000	4 252 000	3 584 000
Total Assets	19 066 000	21 410 000	17 639 000	18 428 000
Total Equity	2 636 000	4 510 000	4 014 000	2 762 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 934 000	67 348 000	44 489 000	51 352 000
Expenditure	76 282 000	65 154 000	39 044 000	46 773 000
Operating Profit	−2 349 000	2 194 000	5 443 000	4 578 000
Financial Income	34 000	25 000	45 000	73 000
Financial Costs	69 000	23 000	23 000	33 000
Financial Balance	−35 000	2 000	22 000	40 000
Earnings Before Tax	−2 384 000	2 196 000	5 466 000	4 619 000
Tax	−509 000	499 000	1 213 000	1 035 000
Net Income	−1 875 000	1 696 000	4 252 000	3 584 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 819 000	2 403 000	2 133 000	2 323 000
Total Current Assets	16 247 000	19 007 000	15 506 000	16 105 000
Total Assets	19 066 000	21 410 000	17 639 000	18 428 000
Total Retained Equity	2 092 000	3 966 000	3 470 000	2 218 000
Total Equity	2 636 000	4 510 000	4 014 000	2 762 000
Total Long-Term Debt	684 000	276 000	342 000	291 000
Total Current Debt	15 746 000	16 623 000	13 283 000	15 376 000
Total Equity and Debt	19 066 000	21 410 000	17 639 000	18 428 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 925 000	67 308 000	44 468 000	51 266 000
Other Income	9 000	40 000	21 000	86 000
Revenue	73 934 000	67 348 000	44 489 000	51 352 000
Cost of Goods Sold	48 273 000	40 043 000	17 733 000	22 472 000
Salary Costs	23 282 000	20 932 000	18 043 000	19 373 000
Depreciation	687 000	643 000	606 000	726 000
Impairment	0	0	0	0
Expenditure	76 282 000	65 154 000	39 044 000	46 773 000
Operating Profit	−2 349 000	2 194 000	5 443 000	4 578 000
Financial Income	34 000	25 000	45 000	73 000
Financial Costs	69 000	23 000	23 000	33 000
Financial Balance	−35 000	2 000	22 000	40 000
Dividends	0	1 200 000	3 000 000	4 000 000
Net Income	−1 875 000	1 696 000	4 252 000	3 584 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	381 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 439 000	2 403 000	2 133 000	2 323 000
Total Tangible Assets	2 439 000	2 403 000	2 133 000	2 323 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 819 000	2 403 000	2 133 000	2 323 000
Stock	611 000	745 000	552 000	399 000
Total Investments	0	0	0	0
Cash, Bank	915 000	5 474 000	6 652 000	4 959 000
Total Current Assets	16 247 000	19 007 000	15 506 000	16 105 000
Total Assets	19 066 000	21 410 000	17 639 000	18 428 000
Total Equity	2 636 000	4 510 000	4 014 000	2 762 000
Short-Term Group Debt	633 000	0	0	0
Total Long-Term Debt	684 000	276 000	342 000	291 000
Creditors	7 209 000	7 861 000	3 868 000	4 532 000
Unpaid Taxes	2 979 000	3 349 000	2 475 000	2 356 000
Dividends	0	1 200 000	3 000 000	4 000 000
Other Current Debt	4 778 000	3 649 000	2 777 000	3 466 000
Total Current Debt	15 746 000	16 623 000	13 283 000	15 376 000
Total Equity and Debt	19 066 000	21 410 000	17 639 000	18 428 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71,13 %	37,61 %	105,93 %	129,76 %
Debt-to-Equity Ratio	0,26	0,06	0,09	0,11
Operating Profit Margin	−3,18 %	3,26 %	12,23 %	8,91 %
Current Ratio	1,03	1,14	1,17	1,05
Quick Ratio	1,07	1,2	1,22	1,08
Equity Ratio	0,14	0,21	0,23	0,15
Gross Profit Margin	34,71 %	40,54 %	60,14 %	56,24 %