HAFA ELEKTRO AS

3262 LARVIK

Finances

Share Ownership

Return on Equity

170,98 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 762 000	31 583 000	20 663 000	16 759 000
Net Income	4 290 000	5 134 000	1 967 000	−508 000
Total Assets	13 986 000	14 875 000	6 633 000	5 146 000
Total Equity	2 509 000	2 193 000	2 176 000	209 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 762 000	31 583 000	20 663 000	16 759 000
Expenditure	25 265 000	24 991 000	18 092 000	17 439 000
Operating Profit	5 498 000	6 593 000	2 571 000	−680 000
Financial Income	28 000	2 000	9 000	153 000
Financial Costs	25 000	11 000	59 000	123 000
Financial Balance	3 000	−9 000	−50 000	30 000
Earnings Before Tax	5 500 000	6 584 000	2 522 000	−651 000
Tax	1 210 000	1 451 000	555 000	−143 000
Net Income	4 290 000	5 134 000	1 967 000	−508 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	379 000	254 000	315 000	524 000
Total Current Assets	13 608 000	14 622 000	6 318 000	4 621 000
Total Assets	13 986 000	14 875 000	6 633 000	5 146 000
Total Retained Equity	2 309 000	1 993 000	1 976 000	9 000
Total Equity	2 509 000	2 193 000	2 176 000	209 000
Total Long-Term Debt	0	0	0	95 000
Total Current Debt	11 477 000	12 683 000	4 456 000	4 841 000
Total Equity and Debt	13 986 000	14 875 000	6 633 000	5 146 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 384 000	31 583 000	20 662 000	16 549 000
Other Income	378 000	0	1 000	210 000
Revenue	30 762 000	31 583 000	20 663 000	16 759 000
Cost of Goods Sold	10 458 000	11 745 000	6 983 000	4 859 000
Salary Costs	10 737 000	10 243 000	8 458 000	8 766 000
Depreciation	82 000	44 000	106 000	196 000
Impairment	0	0	0	321 000
Expenditure	25 265 000	24 991 000	18 092 000	17 439 000
Operating Profit	5 498 000	6 593 000	2 571 000	−680 000
Financial Income	28 000	2 000	9 000	153 000
Financial Costs	25 000	11 000	59 000	123 000
Financial Balance	3 000	−9 000	−50 000	30 000
Dividends	0	0	0	1 200 000
Net Income	4 290 000	5 134 000	1 967 000	−508 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	88 000	177 000	184 000	277 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	291 000	76 000	120 000	236 000
Total Tangible Assets	291 000	76 000	120 000	236 000
Total Fiancial Fixed Assets	0	1 000	11 000	11 000
Total Fixed Assets	379 000	254 000	315 000	524 000
Stock	2 529 000	1 980 000	1 515 000	1 408 000
Total Investments	0	0	0	0
Cash, Bank	384 000	710 000	334 000	246 000
Total Current Assets	13 608 000	14 622 000	6 318 000	4 621 000
Total Assets	13 986 000	14 875 000	6 633 000	5 146 000
Total Equity	2 509 000	2 193 000	2 176 000	209 000
Short-Term Group Debt	5 094 000	6 561 000	0	0
Total Long-Term Debt	0	0	0	95 000
Creditors	2 901 000	2 735 000	891 000	882 000
Unpaid Taxes	2 246 000	2 274 000	1 732 000	724 000
Dividends	0	0	0	1 200 000
Other Current Debt	1 236 000	1 113 000	914 000	1 344 000
Total Current Debt	11 477 000	12 683 000	4 456 000	4 841 000
Total Equity and Debt	13 986 000	14 875 000	6 633 000	5 146 000

Financial indicators	2022	2021	2020	2019
Return on Equity	170,98 %	234,11 %	90,4 %	−243,06 %
Debt-to-Equity Ratio	0	0	0	0,45
Operating Profit Margin	17,87 %	20,88 %	12,44 %	−4,06 %
Current Ratio	1,19	1,15	1,42	0,95
Quick Ratio	1,52	1,37	2,15	1,35
Equity Ratio	0,18	0,15	0,33	0,04
Gross Profit Margin	66 %	62,81 %	66,21 %	71,01 %