HELLAND ELEKTRO AS

5913 EIKANGERVÅG

Finances

Share Ownership

Return on Equity

36,54 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	68 465 000	69 040 000	49 111 000	52 259 000
Net Income	3 978 000	6 187 000	1 401 000	2 623 000
Total Assets	28 240 000	27 359 000	21 476 000	22 748 000
Total Equity	10 886 000	9 908 000	13 320 000	12 120 000

Income (NOK)	2022	2021	2020	2019
Revenue	68 465 000	69 040 000	49 111 000	52 259 000
Expenditure	63 335 000	61 074 000	47 322 000	49 563 000
Operating Profit	5 131 000	7 966 000	1 789 000	2 695 000
Financial Income	8 000	10 000	9 000	38 000
Financial Costs	22 000	43 000	79 000	109 000
Financial Balance	−14 000	−33 000	−70 000	−71 000
Earnings Before Tax	5 118 000	7 934 000	1 719 000	2 623 000
Tax	1 140 000	1 747 000	318 000	0
Net Income	3 978 000	6 187 000	1 401 000	2 623 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 885 000	4 782 000	3 629 000	3 194 000
Total Current Assets	22 355 000	22 577 000	17 847 000	19 555 000
Total Assets	28 240 000	27 359 000	21 476 000	22 748 000
Total Retained Equity	9 632 000	8 654 000	11 314 000	10 114 000
Total Equity	10 886 000	9 908 000	13 320 000	12 120 000
Total Long-Term Debt	2 276 000	4 135 000	47 000	0
Total Current Debt	15 078 000	13 316 000	8 109 000	10 629 000
Total Equity and Debt	28 240 000	27 359 000	21 476 000	22 748 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	67 650 000	68 310 000	48 673 000	51 294 000
Other Income	815 000	730 000	437 000	965 000
Revenue	68 465 000	69 040 000	49 111 000	52 259 000
Cost of Goods Sold	30 715 000	25 792 000	17 542 000	15 558 000
Salary Costs	24 270 000	27 083 000	22 371 000	26 417 000
Depreciation	1 183 000	838 000	681 000	608 000
Impairment	0	0	0	0
Expenditure	63 335 000	61 074 000	47 322 000	49 563 000
Operating Profit	5 131 000	7 966 000	1 789 000	2 695 000
Financial Income	8 000	10 000	9 000	38 000
Financial Costs	22 000	43 000	79 000	109 000
Financial Balance	−14 000	−33 000	−70 000	−71 000
Dividends	3 000 000	3 000 000	200 000	500 000
Net Income	3 978 000	6 187 000	1 401 000	2 623 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 765 000	4 592 000	3 357 000	3 048 000
Total Tangible Assets	5 765 000	4 592 000	3 357 000	3 048 000
Total Fiancial Fixed Assets	120 000	190 000	272 000	146 000
Total Fixed Assets	5 885 000	4 782 000	3 629 000	3 194 000
Stock	2 123 000	2 167 000	2 198 000	2 410 000
Total Investments	0	0	0	0
Cash, Bank	6 412 000	5 803 000	3 266 000	2 382 000
Total Current Assets	22 355 000	22 577 000	17 847 000	19 555 000
Total Assets	28 240 000	27 359 000	21 476 000	22 748 000
Total Equity	10 886 000	9 908 000	13 320 000	12 120 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 276 000	4 135 000	47 000	0
Creditors	5 523 000	2 485 000	2 334 000	3 982 000
Unpaid Taxes	3 143 000	3 575 000	2 872 000	3 534 000
Dividends	3 000 000	3 000 000	200 000	500 000
Other Current Debt	2 413 000	2 598 000	2 432 000	2 612 000
Total Current Debt	15 078 000	13 316 000	8 109 000	10 629 000
Total Equity and Debt	28 240 000	27 359 000	21 476 000	22 748 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,54 %	62,44 %	10,52 %	21,64 %
Debt-to-Equity Ratio	0,21	0,42	0	0
Operating Profit Margin	7,49 %	11,54 %	3,64 %	5,16 %
Current Ratio	1,48	1,7	2,2	1,84
Quick Ratio	1,73	2,03	3,02	2,38
Equity Ratio	0,39	0,36	0,62	0,53
Gross Profit Margin	55,14 %	62,64 %	64,28 %	70,23 %