HILLEVÅG ELEKTRO-DIESEL AVD GRENLAND AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

14,81 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 231 000	8 696 000	7 581 000	8 799 000
Net Income	126 000	235 000	78 000	−355 000
Total Assets	2 187 000	2 328 000	2 327 000	2 539 000
Total Equity	851 000	725 000	490 000	412 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 231 000	8 696 000	7 581 000	8 799 000
Expenditure	9 069 000	8 394 000	7 484 000	9 260 000
Operating Profit	162 000	302 000	97 000	−461 000
Financial Income	2 000	1 000	4 000	7 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	4 000	7 000
Earnings Before Tax	164 000	302 000	101 000	−454 000
Tax	38 000	68 000	23 000	−99 000
Net Income	126 000	235 000	78 000	−355 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	96 000	100 000	109 000	95 000
Total Current Assets	2 091 000	2 228 000	2 218 000	2 444 000
Total Assets	2 187 000	2 328 000	2 327 000	2 539 000
Total Retained Equity	−1 295 000	−1 420 000	−1 655 000	−1 734 000
Total Equity	851 000	725 000	490 000	412 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 337 000	1 603 000	1 837 000	2 126 000
Total Equity and Debt	2 187 000	2 328 000	2 327 000	2 539 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 096 000	7 708 000	6 590 000	7 893 000
Other Income	1 134 000	987 000	991 000	905 000
Revenue	9 231 000	8 696 000	7 581 000	8 799 000
Cost of Goods Sold	4 967 000	4 868 000	4 483 000	5 720 000
Salary Costs	2 616 000	2 215 000	1 844 000	2 239 000
Depreciation	8 000	8 000	4 000	32 000
Impairment	0	0	0	0
Expenditure	9 069 000	8 394 000	7 484 000	9 260 000
Operating Profit	162 000	302 000	97 000	−461 000
Financial Income	2 000	1 000	4 000	7 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	4 000	7 000
Dividends	0	0	0	0
Net Income	126 000	235 000	78 000	−355 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	80 000	76 000	77 000	80 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	24 000	32 000	15 000
Total Tangible Assets	16 000	24 000	32 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	96 000	100 000	109 000	95 000
Stock	594 000	455 000	440 000	529 000
Total Investments	0	0	0	0
Cash, Bank	357 000	406 000	451 000	725 000
Total Current Assets	2 091 000	2 228 000	2 218 000	2 444 000
Total Assets	2 187 000	2 328 000	2 327 000	2 539 000
Total Equity	851 000	725 000	490 000	412 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	218 000	490 000	482 000	478 000
Unpaid Taxes	177 000	200 000	91 000	130 000
Dividends	0	0	0	0
Other Current Debt	899 000	846 000	1 245 000	1 518 000
Total Current Debt	1 337 000	1 603 000	1 837 000	2 126 000
Total Equity and Debt	2 187 000	2 328 000	2 327 000	2 539 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,81 %	32,41 %	15,92 %	−86,17 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,75 %	3,47 %	1,28 %	−5,24 %
Current Ratio	1,56	1,39	1,21	1,15
Quick Ratio	2,81	1,94	1,59	1,53
Equity Ratio	0,39	0,31	0,21	0,16
Gross Profit Margin	46,19 %	44,02 %	40,87 %	34,99 %