HANESETH ELEKTRO NARVIK AS

8514 NARVIK

Finances

Share Ownership

Return on Equity

86,09 %

Current Ratio

1,41

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 618 000	45 966 000	36 860 000	40 464 000
Net Income	4 495 000	3 396 000	2 840 000	2 381 000
Total Assets	18 366 000	16 332 000	13 029 000	11 151 000
Total Equity	5 221 000	3 726 000	2 830 000	3 090 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 618 000	45 966 000	36 860 000	40 464 000
Expenditure	44 685 000	41 313 000	32 967 000	37 141 000
Operating Profit	5 932 000	4 653 000	3 893 000	3 323 000
Financial Income	9 000	9 000	13 000	24 000
Financial Costs	179 000	308 000	265 000	294 000
Financial Balance	−170 000	−299 000	−252 000	−270 000
Earnings Before Tax	5 763 000	4 354 000	3 642 000	3 053 000
Tax	1 268 000	958 000	802 000	673 000
Net Income	4 495 000	3 396 000	2 840 000	2 381 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	269 000	515 000	629 000	305 000
Total Current Assets	18 097 000	15 817 000	12 400 000	10 846 000
Total Assets	18 366 000	16 332 000	13 029 000	11 151 000
Total Retained Equity	4 942 000	3 448 000	2 551 000	2 811 000
Total Equity	5 221 000	3 726 000	2 830 000	3 090 000
Total Long-Term Debt	303 000	103 000	195 000	0
Total Current Debt	12 842 000	12 503 000	10 004 000	8 061 000
Total Equity and Debt	18 366 000	16 332 000	13 029 000	11 151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 531 000	45 834 000	36 703 000	40 414 000
Other Income	86 000	132 000	156 000	50 000
Revenue	50 618 000	45 966 000	36 860 000	40 464 000
Cost of Goods Sold	18 518 000	17 565 000	10 845 000	14 197 000
Salary Costs	16 545 000	15 032 000	13 936 000	12 381 000
Depreciation	291 000	263 000	298 000	188 000
Impairment	0	0	0	0
Expenditure	44 685 000	41 313 000	32 967 000	37 141 000
Operating Profit	5 932 000	4 653 000	3 893 000	3 323 000
Financial Income	9 000	9 000	13 000	24 000
Financial Costs	179 000	308 000	265 000	294 000
Financial Balance	−170 000	−299 000	−252 000	−270 000
Dividends	3 000 000	2 500 000	3 100 000	1 200 000
Net Income	4 495 000	3 396 000	2 840 000	2 381 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	73 000	145 000	0
Total Intangible Assets	0	106 000	204 000	23 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	269 000	409 000	410 000	252 000
Total Tangible Assets	269 000	409 000	410 000	252 000
Total Fiancial Fixed Assets	0	0	15 000	31 000
Total Fixed Assets	269 000	515 000	629 000	305 000
Stock	1 325 000	1 044 000	1 235 000	963 000
Total Investments	0	0	0	0
Cash, Bank	5 984 000	3 098 000	3 482 000	2 578 000
Total Current Assets	18 097 000	15 817 000	12 400 000	10 846 000
Total Assets	18 366 000	16 332 000	13 029 000	11 151 000
Total Equity	5 221 000	3 726 000	2 830 000	3 090 000
Short-Term Group Debt	−118 000	0	0	0
Total Long-Term Debt	303 000	103 000	195 000	0
Creditors	4 384 000	5 002 000	2 897 000	3 227 000
Unpaid Taxes	2 546 000	2 031 000	2 164 000	1 656 000
Dividends	3 000 000	2 500 000	3 100 000	1 200 000
Other Current Debt	1 890 000	1 871 000	1 496 000	1 253 000
Total Current Debt	12 842 000	12 503 000	10 004 000	8 061 000
Total Equity and Debt	18 366 000	16 332 000	13 029 000	11 151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,09 %	91,14 %	100,35 %	77,06 %
Debt-to-Equity Ratio	0,06	0,03	0,07	0
Operating Profit Margin	11,72 %	10,12 %	10,56 %	8,21 %
Current Ratio	1,41	1,27	1,24	1,35
Quick Ratio	1,57	1,38	1,41	1,53
Equity Ratio	0,28	0,23	0,22	0,28
Gross Profit Margin	63,42 %	61,79 %	70,58 %	64,91 %