HARSTAD ELEKTRO AS

9406 HARSTAD

Finances

Share Ownership

Return on Equity

155,95 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	132 257 000	100 645 000	101 611 000	89 348 000
Net Income	14 885 000	10 817 000	10 569 000	3 694 000
Total Assets	57 716 000	45 690 000	46 483 000	30 191 000
Total Equity	9 545 000	8 384 000	11 261 000	9 853 000

Income (NOK)	2022	2021	2020	2019
Revenue	132 257 000	100 645 000	101 611 000	89 348 000
Expenditure	113 498 000	87 093 000	88 012 000	84 555 000
Operating Profit	18 760 000	13 552 000	13 599 000	4 793 000
Financial Income	423 000	300 000	48 000	51 000
Financial Costs	68 000	37 000	50 000	86 000
Financial Balance	355 000	263 000	−2 000	−35 000
Earnings Before Tax	19 115 000	13 816 000	13 596 000	4 758 000
Tax	4 230 000	2 999 000	3 028 000	1 064 000
Net Income	14 885 000	10 817 000	10 569 000	3 694 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 228 000	2 932 000	2 792 000	3 954 000
Total Current Assets	53 488 000	42 758 000	43 691 000	26 237 000
Total Assets	57 716 000	45 690 000	46 483 000	30 191 000
Total Retained Equity	9 195 000	8 034 000	10 911 000	9 503 000
Total Equity	9 545 000	8 384 000	11 261 000	9 853 000
Total Long-Term Debt	1 557 000	2 087 000	3 609 000	3 861 000
Total Current Debt	46 615 000	35 219 000	31 614 000	16 477 000
Total Equity and Debt	57 716 000	45 690 000	46 483 000	30 191 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	132 257 000	100 612 000	101 575 000	89 155 000
Other Income	0	33 000	37 000	194 000
Revenue	132 257 000	100 645 000	101 611 000	89 348 000
Cost of Goods Sold	61 709 000	41 005 000	41 754 000	39 406 000
Salary Costs	42 118 000	37 568 000	37 676 000	37 366 000
Depreciation	707 000	551 000	531 000	570 000
Impairment	0	0	0	0
Expenditure	113 498 000	87 093 000	88 012 000	84 555 000
Operating Profit	18 760 000	13 552 000	13 599 000	4 793 000
Financial Income	423 000	300 000	48 000	51 000
Financial Costs	68 000	37 000	50 000	86 000
Financial Balance	355 000	263 000	−2 000	−35 000
Dividends	13 724 000	13 693 000	9 161 000	2 524 000
Net Income	14 885 000	10 817 000	10 569 000	3 694 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 243 000	2 066 000	1 222 000	1 627 000
Fixtures	1 448 000	646 000	686 000	339 000
Total Tangible Assets	3 690 000	2 712 000	1 908 000	1 966 000
Total Fiancial Fixed Assets	538 000	220 000	884 000	1 988 000
Total Fixed Assets	4 228 000	2 932 000	2 792 000	3 954 000
Stock	1 300 000	1 459 000	1 300 000	1 436 000
Total Investments	0	0	0	0
Cash, Bank	26 425 000	16 766 000	18 016 000	4 643 000
Total Current Assets	53 488 000	42 758 000	43 691 000	26 237 000
Total Assets	57 716 000	45 690 000	46 483 000	30 191 000
Total Equity	9 545 000	8 384 000	11 261 000	9 853 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 557 000	2 087 000	3 609 000	3 861 000
Creditors	7 713 000	7 577 000	6 137 000	4 550 000
Unpaid Taxes	6 170 000	5 031 000	5 378 000	5 095 000
Dividends	13 724 000	13 693 000	9 161 000	2 524 000
Other Current Debt	14 882 000	5 974 000	7 869 000	4 116 000
Total Current Debt	46 615 000	35 219 000	31 614 000	16 477 000
Total Equity and Debt	57 716 000	45 690 000	46 483 000	30 191 000

Financial indicators	2022	2021	2020	2019
Return on Equity	155,95 %	129,02 %	93,85 %	37,49 %
Debt-to-Equity Ratio	0,16	0,25	0,32	0,39
Operating Profit Margin	14,18 %	13,47 %	13,38 %	5,36 %
Current Ratio	1,15	1,21	1,38	1,59
Quick Ratio	1,18	1,27	1,44	1,74
Equity Ratio	0,17	0,18	0,24	0,33
Gross Profit Margin	53,34 %	59,26 %	58,91 %	55,9 %