HARESTAD ELEKTRISKE AS

4070 RANDABERG

Finances

Return on Equity

78,54 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 069 000	46 062 000	45 191 000	41 770 000
Net Income	4 208 000	4 105 000	3 479 000	4 302 000
Total Assets	25 164 000	22 939 000	22 370 000	20 725 000
Total Equity	5 358 000	7 548 000	7 516 000	7 451 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 069 000	46 062 000	45 191 000	41 770 000
Expenditure	45 731 000	40 864 000	40 858 000	36 268 000
Operating Profit	5 339 000	5 197 000	4 332 000	5 503 000
Financial Income	99 000	179 000	241 000	194 000
Financial Costs	36 000	56 000	126 000	179 000
Financial Balance	63 000	123 000	115 000	15 000
Earnings Before Tax	5 402 000	5 320 000	4 447 000	5 518 000
Tax	1 194 000	1 214 000	968 000	1 217 000
Net Income	4 208 000	4 105 000	3 479 000	4 302 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 281 000	5 331 000	5 000 000	4 498 000
Total Current Assets	20 882 000	17 609 000	17 370 000	16 227 000
Total Assets	25 164 000	22 939 000	22 370 000	20 725 000
Total Retained Equity	5 324 000	7 514 000	7 483 000	7 417 000
Total Equity	5 358 000	7 548 000	7 516 000	7 451 000
Total Long-Term Debt	0	54 000	1 156 000	2 363 000
Total Current Debt	19 806 000	15 337 000	13 697 000	10 910 000
Total Equity and Debt	25 164 000	22 939 000	22 370 000	20 725 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 069 000	45 931 000	45 191 000	41 629 000
Other Income	0	131 000	0	141 000
Revenue	51 069 000	46 062 000	45 191 000	41 770 000
Cost of Goods Sold	18 863 000	15 502 000	17 606 000	12 886 000
Salary Costs	21 108 000	20 220 000	18 636 000	18 959 000
Depreciation	236 000	251 000	216 000	139 000
Impairment	0	0	0	0
Expenditure	45 731 000	40 864 000	40 858 000	36 268 000
Operating Profit	5 339 000	5 197 000	4 332 000	5 503 000
Financial Income	99 000	179 000	241 000	194 000
Financial Costs	36 000	56 000	126 000	179 000
Financial Balance	63 000	123 000	115 000	15 000
Dividends	6 000 000	2 245 000	2 400 000	2 400 000
Net Income	4 208 000	4 105 000	3 479 000	4 302 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	85 000	27 000	67 000	245 000
Real Eastate	1 247 000	1 247 000	273 000	273 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	817 000	895 000	639 000	342 000
Total Tangible Assets	2 064 000	2 142 000	912 000	615 000
Total Fiancial Fixed Assets	2 133 000	3 162 000	4 021 000	3 638 000
Total Fixed Assets	4 281 000	5 331 000	5 000 000	4 498 000
Stock	526 000	720 000	767 000	723 000
Total Investments	0	0	0	0
Cash, Bank	7 696 000	5 749 000	5 433 000	8 370 000
Total Current Assets	20 882 000	17 609 000	17 370 000	16 227 000
Total Assets	25 164 000	22 939 000	22 370 000	20 725 000
Total Equity	5 358 000	7 548 000	7 516 000	7 451 000
Short-Term Group Debt	510 000	2 095 000	1 300 000	0
Total Long-Term Debt	0	54 000	1 156 000	2 363 000
Creditors	3 873 000	2 527 000	3 142 000	1 649 000
Unpaid Taxes	3 937 000	3 624 000	3 492 000	3 063 000
Dividends	6 000 000	2 245 000	2 400 000	2 400 000
Other Current Debt	4 292 000	3 992 000	2 859 000	2 468 000
Total Current Debt	19 806 000	15 337 000	13 697 000	10 910 000
Total Equity and Debt	25 164 000	22 939 000	22 370 000	20 725 000

Financial indicators	2022	2021	2020	2019
Return on Equity	78,54 %	54,39 %	46,29 %	57,74 %
Debt-to-Equity Ratio	0	0,01	0,15	0,32
Operating Profit Margin	10,45 %	11,28 %	9,59 %	13,17 %
Current Ratio	1,05	1,15	1,27	1,49
Quick Ratio	1,08	1,2	1,34	1,59
Equity Ratio	0,21	0,33	0,34	0,36
Gross Profit Margin	63,06 %	66,35 %	61,04 %	69,15 %