HANESETH ELSERVICE AS

8450 STOKMARKNES

Finances

Share Ownership

Return on Equity

38,42 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 981 000	35 218 000	30 622 000	34 606 000
Net Income	2 668 000	2 899 000	1 278 000	1 103 000
Total Assets	18 026 000	19 057 000	14 818 000	14 495 000
Total Equity	6 945 000	6 777 000	5 878 000	5 600 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 981 000	35 218 000	30 622 000	34 606 000
Expenditure	40 397 000	31 199 000	28 684 000	32 807 000
Operating Profit	3 584 000	4 019 000	1 938 000	1 799 000
Financial Income	50 000	11 000	22 000	15 000
Financial Costs	211 000	312 000	320 000	396 000
Financial Balance	−161 000	−301 000	−298 000	−381 000
Earnings Before Tax	3 423 000	3 718 000	1 641 000	1 418 000
Tax	754 000	820 000	362 000	315 000
Net Income	2 668 000	2 899 000	1 278 000	1 103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 570 000	1 001 000	943 000	1 122 000
Total Current Assets	16 456 000	18 056 000	13 875 000	13 374 000
Total Assets	18 026 000	19 057 000	14 818 000	14 495 000
Total Retained Equity	5 876 000	5 708 000	4 809 000	4 530 000
Total Equity	6 945 000	6 777 000	5 878 000	5 600 000
Total Long-Term Debt	1 734 000	2 026 000	2 250 000	2 700 000
Total Current Debt	9 347 000	10 254 000	6 689 000	6 195 000
Total Equity and Debt	18 026 000	19 057 000	14 818 000	14 495 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 630 000	34 843 000	30 605 000	34 606 000
Other Income	350 000	374 000	17 000	0
Revenue	43 981 000	35 218 000	30 622 000	34 606 000
Cost of Goods Sold	17 486 000	12 438 000	10 623 000	11 900 000
Salary Costs	14 006 000	12 345 000	12 102 000	15 027 000
Depreciation	358 000	267 000	251 000	258 000
Impairment	0	0	0	0
Expenditure	40 397 000	31 199 000	28 684 000	32 807 000
Operating Profit	3 584 000	4 019 000	1 938 000	1 799 000
Financial Income	50 000	11 000	22 000	15 000
Financial Costs	211 000	312 000	320 000	396 000
Financial Balance	−161 000	−301 000	−298 000	−381 000
Dividends	2 500 000	2 000 000	1 000 000	0
Net Income	2 668 000	2 899 000	1 278 000	1 103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	300 000	410 000	520 000	630 000
Total Intangible Assets	300 000	410 000	563 000	706 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 270 000	569 000	380 000	405 000
Total Tangible Assets	1 270 000	569 000	380 000	405 000
Total Fiancial Fixed Assets	0	22 000	0	10 000
Total Fixed Assets	1 570 000	1 001 000	943 000	1 122 000
Stock	2 550 000	2 237 000	1 715 000	2 384 000
Total Investments	0	0	0	0
Cash, Bank	6 225 000	10 791 000	6 630 000	4 442 000
Total Current Assets	16 456 000	18 056 000	13 875 000	13 374 000
Total Assets	18 026 000	19 057 000	14 818 000	14 495 000
Total Equity	6 945 000	6 777 000	5 878 000	5 600 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 734 000	2 026 000	2 250 000	2 700 000
Creditors	2 873 000	3 777 000	2 284 000	2 679 000
Unpaid Taxes	1 566 000	1 986 000	1 540 000	1 604 000
Dividends	2 500 000	2 000 000	1 000 000	0
Other Current Debt	1 811 000	1 941 000	1 536 000	1 578 000
Total Current Debt	9 347 000	10 254 000	6 689 000	6 195 000
Total Equity and Debt	18 026 000	19 057 000	14 818 000	14 495 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,42 %	42,78 %	21,74 %	19,7 %
Debt-to-Equity Ratio	0,25	0,3	0,38	0,48
Operating Profit Margin	8,15 %	11,41 %	6,33 %	5,2 %
Current Ratio	1,76	1,76	2,07	2,16
Quick Ratio	2,42	2,25	2,79	3,51
Equity Ratio	0,39	0,36	0,4	0,39
Gross Profit Margin	60,24 %	64,68 %	65,31 %	65,61 %