FINN HAUGEN ELEKTROENTREPRENØR AS

3050 MJØNDALEN

Finances

Return on Equity

54,78 %

Current Ratio

1,84

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 379 000	14 861 000	16 398 000	16 770 000
Net Income	1 237 000	285 000	896 000	1 064 000
Total Assets	7 304 000	6 074 000	6 510 000	6 978 000
Total Equity	2 258 000	1 021 000	722 000	4 315 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 379 000	14 861 000	16 398 000	16 770 000
Expenditure	15 800 000	14 507 000	16 000 000	15 405 000
Operating Profit	1 580 000	354 000	399 000	1 366 000
Financial Income	8 000	18 000	603 000	22 000
Financial Costs	3 000	6 000	11 000	21 000
Financial Balance	5 000	12 000	592 000	1 000
Earnings Before Tax	1 585 000	366 000	991 000	1 368 000
Tax	349 000	81 000	94 000	303 000
Net Income	1 237 000	285 000	896 000	1 064 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	256 000	324 000	392 000	1 083 000
Total Current Assets	7 048 000	5 751 000	6 118 000	5 895 000
Total Assets	7 304 000	6 074 000	6 510 000	6 978 000
Total Retained Equity	2 158 000	921 000	622 000	4 215 000
Total Equity	2 258 000	1 021 000	722 000	4 315 000
Total Long-Term Debt	1 212 000	1 796 000	2 968 000	90 000
Total Current Debt	3 835 000	3 258 000	2 821 000	2 573 000
Total Equity and Debt	7 304 000	6 074 000	6 510 000	6 978 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 341 000	14 861 000	16 280 000	16 759 000
Other Income	38 000	0	118 000	11 000
Revenue	17 379 000	14 861 000	16 398 000	16 770 000
Cost of Goods Sold	5 427 000	4 908 000	6 041 000	5 251 000
Salary Costs	8 014 000	7 786 000	7 333 000	7 605 000
Depreciation	41 000	64 000	41 000	34 000
Impairment	0	0	0	0
Expenditure	15 800 000	14 507 000	16 000 000	15 405 000
Operating Profit	1 580 000	354 000	399 000	1 366 000
Financial Income	8 000	18 000	603 000	22 000
Financial Costs	3 000	6 000	11 000	21 000
Financial Balance	5 000	12 000	592 000	1 000
Dividends	0	0	0	0
Net Income	1 237 000	285 000	896 000	1 064 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	145 000	224 000	305 000	203 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	90 000	90 000	77 000	67 000
Total Tangible Assets	90 000	90 000	77 000	67 000
Total Fiancial Fixed Assets	22 000	10 000	10 000	813 000
Total Fixed Assets	256 000	324 000	392 000	1 083 000
Stock	668 000	602 000	493 000	1 121 000
Total Investments	0	0	0	0
Cash, Bank	1 988 000	2 549 000	2 447 000	909 000
Total Current Assets	7 048 000	5 751 000	6 118 000	5 895 000
Total Assets	7 304 000	6 074 000	6 510 000	6 978 000
Total Equity	2 258 000	1 021 000	722 000	4 315 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 212 000	1 796 000	2 968 000	90 000
Creditors	1 171 000	1 141 000	394 000	236 000
Unpaid Taxes	1 413 000	1 251 000	1 368 000	1 069 000
Dividends	0	0	0	0
Other Current Debt	982 000	866 000	862 000	953 000
Total Current Debt	3 835 000	3 258 000	2 821 000	2 573 000
Total Equity and Debt	7 304 000	6 074 000	6 510 000	6 978 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,78 %	27,91 %	124,1 %	24,66 %
Debt-to-Equity Ratio	0,54	1,76	4,11	0,02
Operating Profit Margin	9,09 %	2,38 %	2,43 %	8,15 %
Current Ratio	1,84	1,77	2,17	2,29
Quick Ratio	2,23	2,17	2,63	4,06
Equity Ratio	0,31	0,17	0,11	0,62
Gross Profit Margin	68,77 %	66,97 %	63,16 %	68,69 %