NORDHORDLAND ELEKTRO AS

5914 ISDALSTØ

Finances

Share Ownership

Return on Equity

44,41 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 362 000	25 714 000	21 319 000	22 791 000
Net Income	2 173 000	1 726 000	796 000	−354 000
Total Assets	14 142 000	11 172 000	12 557 000	11 254 000
Total Equity	4 893 000	4 220 000	3 694 000	6 499 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 362 000	25 714 000	21 319 000	22 791 000
Expenditure	25 542 000	23 528 000	20 302 000	23 254 000
Operating Profit	2 820 000	2 186 000	1 016 000	−463 000
Financial Income	31 000	49 000	37 000	56 000
Financial Costs	65 000	22 000	32 000	35 000
Financial Balance	−34 000	27 000	5 000	21 000
Earnings Before Tax	2 786 000	2 212 000	1 021 000	−443 000
Tax	613 000	487 000	225 000	−88 000
Net Income	2 173 000	1 726 000	796 000	−354 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 033 000	1 193 000	887 000	1 291 000
Total Current Assets	12 110 000	9 979 000	11 670 000	9 962 000
Total Assets	14 142 000	11 172 000	12 557 000	11 254 000
Total Retained Equity	4 653 000	3 980 000	3 454 000	6 259 000
Total Equity	4 893 000	4 220 000	3 694 000	6 499 000
Total Long-Term Debt	942 000	248 000	405 000	547 000
Total Current Debt	8 307 000	6 704 000	8 458 000	4 208 000
Total Equity and Debt	14 142 000	11 172 000	12 557 000	11 254 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 330 000	25 590 000	21 319 000	22 781 000
Other Income	33 000	124 000	0	10 000
Revenue	28 362 000	25 714 000	21 319 000	22 791 000
Cost of Goods Sold	10 750 000	10 157 000	8 170 000	10 299 000
Salary Costs	11 209 000	10 401 000	9 241 000	10 468 000
Depreciation	505 000	278 000	404 000	412 000
Impairment	0	0	0	0
Expenditure	25 542 000	23 528 000	20 302 000	23 254 000
Operating Profit	2 820 000	2 186 000	1 016 000	−463 000
Financial Income	31 000	49 000	37 000	56 000
Financial Costs	65 000	22 000	32 000	35 000
Financial Balance	−34 000	27 000	5 000	21 000
Dividends	1 500 000	1 200 000	600 000	0
Net Income	2 173 000	1 726 000	796 000	−354 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	102 000	133 000	168 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000 000	1 091 000	753 000	1 124 000
Total Tangible Assets	2 000 000	1 091 000	753 000	1 124 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 033 000	1 193 000	887 000	1 291 000
Stock	632 000	642 000	570 000	1 060 000
Total Investments	0	0	0	0
Cash, Bank	6 362 000	5 843 000	6 270 000	3 587 000
Total Current Assets	12 110 000	9 979 000	11 670 000	9 962 000
Total Assets	14 142 000	11 172 000	12 557 000	11 254 000
Total Equity	4 893 000	4 220 000	3 694 000	6 499 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	942 000	248 000	405 000	547 000
Creditors	2 850 000	2 109 000	1 591 000	1 632 000
Unpaid Taxes	2 256 000	1 842 000	2 087 000	1 457 000
Dividends	1 500 000	1 200 000	600 000	0
Other Current Debt	1 158 000	1 098 000	3 988 000	1 119 000
Total Current Debt	8 307 000	6 704 000	8 458 000	4 208 000
Total Equity and Debt	14 142 000	11 172 000	12 557 000	11 254 000

Financial indicators	2022	2021	2020	2019
Return on Equity	44,41 %	40,9 %	21,55 %	−5,45 %
Debt-to-Equity Ratio	0,19	0,06	0,11	0,08
Operating Profit Margin	9,94 %	8,5 %	4,77 %	−2,03 %
Current Ratio	1,46	1,49	1,38	2,37
Quick Ratio	1,58	1,65	1,48	3,16
Equity Ratio	0,35	0,38	0,29	0,58
Gross Profit Margin	62,1 %	60,5 %	61,68 %	54,81 %