HÅVARDSRUD TOLLEFSEN RUUD ELEKTRO AS

3580 GEILO

Finances

Return on Equity

−10,97 %

Current Ratio

2,17

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 473 000	8 486 000	7 767 000	8 017 000
Net Income	−292 000	458 000	675 000	366 000
Total Assets	4 964 000	5 214 000	4 931 000	4 832 000
Total Equity	2 662 000	2 953 000	2 495 000	1 820 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 473 000	8 486 000	7 767 000	8 017 000
Expenditure	7 818 000	7 873 000	6 880 000	7 518 000
Operating Profit	−344 000	613 000	888 000	499 000
Financial Income	−1 000	0	0	1 000
Financial Costs	29 000	26 000	22 000	30 000
Financial Balance	−30 000	−26 000	−22 000	−29 000
Earnings Before Tax	−374 000	587 000	866 000	470 000
Tax	−82 000	129 000	191 000	104 000
Net Income	−292 000	458 000	675 000	366 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	322 000	292 000	162 000	180 000
Total Current Assets	4 641 000	4 923 000	4 769 000	4 652 000
Total Assets	4 964 000	5 214 000	4 931 000	4 832 000
Total Retained Equity	2 560 000	2 851 000	2 393 000	1 718 000
Total Equity	2 662 000	2 953 000	2 495 000	1 820 000
Total Long-Term Debt	160 000	190 000	0	300 000
Total Current Debt	2 142 000	2 071 000	2 436 000	2 712 000
Total Equity and Debt	4 964 000	5 214 000	4 931 000	4 832 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 473 000	8 486 000	7 720 000	8 017 000
Other Income	0	0	48 000	0
Revenue	7 473 000	8 486 000	7 767 000	8 017 000
Cost of Goods Sold	2 699 000	3 153 000	2 419 000	2 354 000
Salary Costs	3 767 000	3 553 000	3 339 000	3 963 000
Depreciation	35 000	18 000	11 000	16 000
Impairment	0	0	0	0
Expenditure	7 818 000	7 873 000	6 880 000	7 518 000
Operating Profit	−344 000	613 000	888 000	499 000
Financial Income	−1 000	0	0	1 000
Financial Costs	29 000	26 000	22 000	30 000
Financial Balance	−30 000	−26 000	−22 000	−29 000
Dividends	0	0	0	0
Net Income	−292 000	458 000	675 000	366 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	147 000	65 000	61 000	51 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	152 000	187 000	45 000	56 000
Total Tangible Assets	152 000	187 000	45 000	56 000
Total Fiancial Fixed Assets	23 000	40 000	56 000	73 000
Total Fixed Assets	322 000	292 000	162 000	180 000
Stock	1 701 000	1 814 000	1 619 000	1 454 000
Total Investments	0	0	0	0
Cash, Bank	121 000	446 000	164 000	126 000
Total Current Assets	4 641 000	4 923 000	4 769 000	4 652 000
Total Assets	4 964 000	5 214 000	4 931 000	4 832 000
Total Equity	2 662 000	2 953 000	2 495 000	1 820 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	160 000	190 000	0	300 000
Creditors	1 060 000	653 000	854 000	1 292 000
Unpaid Taxes	687 000	917 000	1 009 000	879 000
Dividends	0	0	0	0
Other Current Debt	395 000	367 000	373 000	444 000
Total Current Debt	2 142 000	2 071 000	2 436 000	2 712 000
Total Equity and Debt	4 964 000	5 214 000	4 931 000	4 832 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,97 %	15,51 %	27,05 %	20,11 %
Debt-to-Equity Ratio	0,06	0,06	0	0,16
Operating Profit Margin	−4,6 %	7,22 %	11,43 %	6,22 %
Current Ratio	2,17	2,38	1,96	1,72
Quick Ratio	10,52	19,16	5,84	3,7
Equity Ratio	0,54	0,57	0,51	0,38
Gross Profit Margin	63,88 %	62,84 %	68,86 %	70,64 %