E HALVORSEN ELEKTRO AS

0962 OSLO

Finances

Share Ownership

Return on Equity

9,37 %

Current Ratio

4,15

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 508 000	8 680 000	9 648 000	13 999 000
Net Income	504 000	353 000	992 000	1 996 000
Total Assets	7 172 000	6 879 000	9 454 000	9 039 000
Total Equity	5 379 000	4 875 000	5 522 000	4 529 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 508 000	8 680 000	9 648 000	13 999 000
Expenditure	6 851 000	8 210 000	8 354 000	11 422 000
Operating Profit	657 000	470 000	1 294 000	2 576 000
Financial Income	4 000	2 000	6 000	13 000
Financial Costs	15 000	19 000	26 000	28 000
Financial Balance	−11 000	−17 000	−20 000	−15 000
Earnings Before Tax	646 000	453 000	1 274 000	2 561 000
Tax	142 000	100 000	282 000	564 000
Net Income	504 000	353 000	992 000	1 996 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	251 000	446 000	578 000	615 000
Total Current Assets	6 922 000	6 433 000	8 876 000	8 424 000
Total Assets	7 172 000	6 879 000	9 454 000	9 039 000
Total Retained Equity	5 079 000	4 575 000	5 222 000	4 229 000
Total Equity	5 379 000	4 875 000	5 522 000	4 529 000
Total Long-Term Debt	128 000	315 000	436 000	470 000
Total Current Debt	1 666 000	1 689 000	3 496 000	4 040 000
Total Equity and Debt	7 172 000	6 879 000	9 454 000	9 039 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 508 000	8 680 000	9 648 000	13 999 000
Other Income	0	0	0	0
Revenue	7 508 000	8 680 000	9 648 000	13 999 000
Cost of Goods Sold	1 682 000	3 522 000	2 429 000	4 278 000
Salary Costs	4 194 000	3 765 000	4 720 000	5 852 000
Depreciation	175 000	183 000	175 000	139 000
Impairment	0	0	0	0
Expenditure	6 851 000	8 210 000	8 354 000	11 422 000
Operating Profit	657 000	470 000	1 294 000	2 576 000
Financial Income	4 000	2 000	6 000	13 000
Financial Costs	15 000	19 000	26 000	28 000
Financial Balance	−11 000	−17 000	−20 000	−15 000
Dividends	0	0	0	1 500 000
Net Income	504 000	353 000	992 000	1 996 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	34 000	57 000	5 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	217 000	392 000	575 000	615 000
Total Tangible Assets	217 000	392 000	575 000	615 000
Total Fiancial Fixed Assets	0	−3 000	−3 000	0
Total Fixed Assets	251 000	446 000	578 000	615 000
Stock	20 000	25 000	25 000	25 000
Total Investments	0	0	0	0
Cash, Bank	5 137 000	4 971 000	7 892 000	5 347 000
Total Current Assets	6 922 000	6 433 000	8 876 000	8 424 000
Total Assets	7 172 000	6 879 000	9 454 000	9 039 000
Total Equity	5 379 000	4 875 000	5 522 000	4 529 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	128 000	315 000	436 000	470 000
Creditors	232 000	438 000	327 000	564 000
Unpaid Taxes	815 000	492 000	867 000	975 000
Dividends	0	0	0	1 500 000
Other Current Debt	500 000	608 000	2 014 000	543 000
Total Current Debt	1 666 000	1 689 000	3 496 000	4 040 000
Total Equity and Debt	7 172 000	6 879 000	9 454 000	9 039 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,37 %	7,24 %	17,96 %	44,07 %
Debt-to-Equity Ratio	0,02	0,06	0,08	0,1
Operating Profit Margin	8,75 %	5,41 %	13,41 %	18,4 %
Current Ratio	4,15	3,81	2,54	2,09
Quick Ratio	4,21	3,87	2,56	2,1
Equity Ratio	0,75	0,71	0,58	0,5
Gross Profit Margin	77,6 %	59,42 %	74,82 %	69,44 %