HELGEVOLD ELEKTRO AS

5585 SANDEID

Finances

Return on Equity

28,27 %

Current Ratio

1,75

Debt-to-Equity Ratio

1,22

Key figures (NOK)	2022	2021	2020	2019
Revenue	207 124 000	137 469 000	116 676 000	114 189 000
Net Income	8 152 000	3 211 000	6 692 000	5 788 000
Total Assets	104 845 000	47 853 000	47 029 000	42 388 000
Total Equity	28 834 000	20 682 000	14 309 000	14 618 000

Income (NOK)	2022	2021	2020	2019
Revenue	207 124 000	137 469 000	116 676 000	114 189 000
Expenditure	195 850 000	133 468 000	108 205 000	107 186 000
Operating Profit	11 273 000	4 001 000	8 471 000	7 003 000
Financial Income	235 000	135 000	128 000	216 000
Financial Costs	1 058 000	20 000	18 000	19 000
Financial Balance	−823 000	115 000	110 000	197 000
Earnings Before Tax	10 450 000	4 116 000	8 581 000	7 199 000
Tax	2 299 000	906 000	1 889 000	1 411 000
Net Income	8 152 000	3 211 000	6 692 000	5 788 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 236 000	5 302 000	5 635 000	7 356 000
Total Current Assets	71 610 000	42 551 000	41 393 000	35 032 000
Total Assets	104 845 000	47 853 000	47 029 000	42 388 000
Total Retained Equity	24 155 000	16 003 000	9 833 000	10 141 000
Total Equity	28 834 000	20 682 000	14 309 000	14 618 000
Total Long-Term Debt	35 182 000	0	0	0
Total Current Debt	40 829 000	27 171 000	32 719 000	27 770 000
Total Equity and Debt	104 845 000	47 853 000	47 029 000	42 388 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	205 945 000	136 894 000	116 199 000	113 699 000
Other Income	1 179 000	575 000	478 000	490 000
Revenue	207 124 000	137 469 000	116 676 000	114 189 000
Cost of Goods Sold	73 146 000	46 769 000	37 223 000	37 593 000
Salary Costs	94 927 000	67 093 000	54 855 000	53 125 000
Depreciation	5 798 000	1 271 000	1 361 000	1 873 000
Impairment	0	0	0	0
Expenditure	195 850 000	133 468 000	108 205 000	107 186 000
Operating Profit	11 273 000	4 001 000	8 471 000	7 003 000
Financial Income	235 000	135 000	128 000	216 000
Financial Costs	1 058 000	20 000	18 000	19 000
Financial Balance	−823 000	115 000	110 000	197 000
Dividends	0	0	0	0
Net Income	8 152 000	3 211 000	6 692 000	5 788 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	28 678 000	0	0	0
Total Intangible Assets	28 678 000	302 000	545 000	469 000
Real Eastate	109 000	137 000	59 000	74 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 414 000	4 829 000	4 996 000	6 777 000
Total Tangible Assets	4 524 000	4 966 000	5 055 000	6 851 000
Total Fiancial Fixed Assets	34 000	34 000	36 000	36 000
Total Fixed Assets	33 236 000	5 302 000	5 635 000	7 356 000
Stock	6 176 000	4 950 000	4 068 000	3 248 000
Total Investments	0	0	0	0
Cash, Bank	8 663 000	8 329 000	15 841 000	12 967 000
Total Current Assets	71 610 000	42 551 000	41 393 000	35 032 000
Total Assets	104 845 000	47 853 000	47 029 000	42 388 000
Total Equity	28 834 000	20 682 000	14 309 000	14 618 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 182 000	0	0	0
Creditors	11 615 000	5 168 000	6 073 000	4 591 000
Unpaid Taxes	13 684 000	8 699 000	7 543 000	6 341 000
Dividends	0	0	0	0
Other Current Debt	14 098 000	12 490 000	17 139 000	15 494 000
Total Current Debt	40 829 000	27 171 000	32 719 000	27 770 000
Total Equity and Debt	104 845 000	47 853 000	47 029 000	42 388 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,27 %	15,53 %	46,77 %	39,6 %
Debt-to-Equity Ratio	1,22	0	0	0
Operating Profit Margin	5,44 %	2,91 %	7,26 %	6,13 %
Current Ratio	1,75	1,57	1,27	1,26
Quick Ratio	2,07	1,91	1,44	1,43
Equity Ratio	0,28	0,43	0,3	0,34
Gross Profit Margin	64,68 %	65,98 %	68,1 %	67,08 %