HARSTAD ELEKTRO HOLDING AS

9406 HARSTAD

Finances

Return on Equity

133,89 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	132 117 000	100 692 000	101 684 000	88 784 000
Net Income	15 097 000	11 003 000	10 755 000	3 730 000
Total Assets	65 570 000	53 641 000	52 173 000	35 747 000
Total Equity	11 276 000	9 902 000	12 462 000	10 884 000

Income (NOK)	2022	2021	2020	2019
Revenue	132 117 000	100 692 000	101 684 000	88 784 000
Expenditure	113 079 000	86 981 000	87 904 000	83 894 000
Operating Profit	19 038 000	13 711 000	13 780 000	4 890 000
Financial Income	645 000	507 000	258 000	261 000
Financial Costs	351 000	220 000	259 000	368 000
Financial Balance	294 000	287 000	−1 000	−107 000
Earnings Before Tax	19 332 000	13 998 000	13 779 000	4 783 000
Tax	4 234 000	2 996 000	3 024 000	1 053 000
Net Income	15 097 000	11 003 000	10 755 000	3 730 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 539 000	8 596 000	8 081 000	8 575 000
Total Current Assets	56 032 000	45 045 000	44 093 000	27 173 000
Total Assets	65 570 000	53 641 000	52 173 000	35 747 000
Total Retained Equity	7 845 000	6 471 000	9 121 000	7 518 000
Total Equity	11 276 000	9 902 000	12 462 000	10 884 000
Total Long-Term Debt	7 936 000	8 191 000	7 862 000	8 394 000
Total Current Debt	46 358 000	35 548 000	31 849 000	16 470 000
Total Equity and Debt	65 570 000	53 641 000	52 173 000	35 747 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	132 060 000	100 584 000	101 590 000	88 550 000
Other Income	57 000	107 000	94 000	233 000
Revenue	132 117 000	100 692 000	101 684 000	88 784 000
Cost of Goods Sold	61 546 000	41 005 000	41 703 000	39 246 000
Salary Costs	42 118 000	37 568 000	37 676 000	36 987 000
Depreciation	1 166 000	1 041 000	1 067 000	1 058 000
Impairment	0	0	0	0
Expenditure	113 079 000	86 981 000	87 904 000	83 894 000
Operating Profit	19 038 000	13 711 000	13 780 000	4 890 000
Financial Income	645 000	507 000	258 000	261 000
Financial Costs	351 000	220 000	259 000	368 000
Financial Balance	294 000	287 000	−1 000	−107 000
Dividends	13 724 000	13 693 000	9 161 000	2 524 000
Net Income	15 097 000	11 003 000	10 755 000	3 730 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	344 000	398 000	395 000	295 000
Real Eastate	4 194 000	4 478 000	4 944 000	5 403 000
Machinery and Plant Facilities	2 243 000	2 066 000	1 222 000	1 627 000
Fixtures	1 451 000	662 000	726 000	404 000
Total Tangible Assets	7 888 000	7 206 000	6 892 000	7 434 000
Total Fiancial Fixed Assets	1 307 000	992 000	794 000	846 000
Total Fixed Assets	9 539 000	8 596 000	8 081 000	8 575 000
Stock	1 300 000	1 459 000	1 300 000	1 436 000
Total Investments	0	0	0	0
Cash, Bank	29 248 000	19 051 000	18 411 000	5 745 000
Total Current Assets	56 032 000	45 045 000	44 093 000	27 173 000
Total Assets	65 570 000	53 641 000	52 173 000	35 747 000
Total Equity	11 276 000	9 902 000	12 462 000	10 884 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 936 000	8 191 000	7 862 000	8 394 000
Creditors	7 546 000	7 578 000	6 133 000	4 543 000
Unpaid Taxes	6 209 000	5 276 000	5 564 000	5 064 000
Dividends	13 724 000	13 693 000	9 161 000	2 524 000
Other Current Debt	14 699 000	6 002 000	7 868 000	4 117 000
Total Current Debt	46 358 000	35 548 000	31 849 000	16 470 000
Total Equity and Debt	65 570 000	53 641 000	52 173 000	35 747 000

Financial indicators	2022	2021	2020	2019
Return on Equity	133,89 %	111,12 %	86,3 %	34,27 %
Debt-to-Equity Ratio	0,7	0,83	0,63	0,77
Operating Profit Margin	14,41 %	13,62 %	13,55 %	5,51 %
Current Ratio	1,21	1,27	1,38	1,65
Quick Ratio	1,24	1,32	1,44	1,81
Equity Ratio	0,17	0,18	0,24	0,3
Gross Profit Margin	53,42 %	59,28 %	58,99 %	55,8 %