HOELSFOSSEN ELVERK AS

6210 VALLDAL

Finances

Share Ownership

Return on Equity

1,98 %

Current Ratio

3,9

Debt-to-Equity Ratio

1,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	936 000	1 167 000	199 000	1 224 000
Net Income	50 000	286 000	−898 000	401 000
Total Assets	6 260 000	6 599 000	6 338 000	7 680 000
Total Equity	2 521 000	2 519 000	2 282 000	3 217 000

Income (NOK)	2022	2021	2020	2019
Revenue	936 000	1 167 000	199 000	1 224 000
Expenditure	732 000	670 000	1 230 000	550 000
Operating Profit	204 000	497 000	−1 031 000	673 000
Financial Income	0	0	0	5 000
Financial Costs	140 000	130 000	120 000	172 000
Financial Balance	−140 000	−130 000	−120 000	−167 000
Earnings Before Tax	64 000	367 000	−1 151 000	506 000
Tax	14 000	81 000	−253 000	104 000
Net Income	50 000	286 000	−898 000	401 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 358 000	5 566 000	5 822 000	6 036 000
Total Current Assets	901 000	1 034 000	515 000	1 644 000
Total Assets	6 260 000	6 599 000	6 338 000	7 680 000
Total Retained Equity	2 041 000	2 039 000	1 802 000	2 737 000
Total Equity	2 521 000	2 519 000	2 282 000	3 217 000
Total Long-Term Debt	3 508 000	3 766 000	3 953 000	4 148 000
Total Current Debt	231 000	314 000	104 000	316 000
Total Equity and Debt	6 260 000	6 599 000	6 338 000	7 680 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	959 000	1 140 000	199 000	1 578 000
Other Income	−23 000	27 000	0	−354 000
Revenue	936 000	1 167 000	199 000	1 224 000
Cost of Goods Sold	52 000	55 000	35 000	7 000
Salary Costs	196 000	170 000	11 000	111 000
Depreciation	216 000	216 000	216 000	216 000
Impairment	0	0	0	0
Expenditure	732 000	670 000	1 230 000	550 000
Operating Profit	204 000	497 000	−1 031 000	673 000
Financial Income	0	0	0	5 000
Financial Costs	140 000	130 000	120 000	172 000
Financial Balance	−140 000	−130 000	−120 000	−167 000
Dividends	48 000	48 000	24 000	0
Net Income	50 000	286 000	−898 000	401 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	11 000	3 000	0
Real Eastate	0	0	0	5 563 000
Machinery and Plant Facilities	5 222 000	5 399 000	5 576 000	425 000
Fixtures	117 000	156 000	195 000	0
Total Tangible Assets	5 339 000	5 555 000	5 772 000	5 988 000
Total Fiancial Fixed Assets	0	0	48 000	48 000
Total Fixed Assets	5 358 000	5 566 000	5 822 000	6 036 000
Stock	0	0	0	0
Total Investments	8 000	8 000	11 000	121 000
Cash, Bank	715 000	889 000	190 000	1 385 000
Total Current Assets	901 000	1 034 000	515 000	1 644 000
Total Assets	6 260 000	6 599 000	6 338 000	7 680 000
Total Equity	2 521 000	2 519 000	2 282 000	3 217 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 508 000	3 766 000	3 953 000	4 148 000
Creditors	20 000	22 000	10 000	7 000
Unpaid Taxes	57 000	67 000	11 000	91 000
Dividends	48 000	48 000	24 000	0
Other Current Debt	83 000	88 000	59 000	115 000
Total Current Debt	231 000	314 000	104 000	316 000
Total Equity and Debt	6 260 000	6 599 000	6 338 000	7 680 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,98 %	11,35 %	−39,35 %	12,47 %
Debt-to-Equity Ratio	1,39	1,5	1,73	1,29
Operating Profit Margin	21,79 %	42,59 %	−518,09 %	54,98 %
Current Ratio	3,9	3,29	4,95	5,2
Quick Ratio	3,9	3,29	4,95	5,2
Equity Ratio	0,4	0,38	0,36	0,42
Gross Profit Margin	94,44 %	95,29 %	82,41 %	99,43 %