HÆRÅS ELEKTRO AS

4646 FINSLAND

Finances

Return on Equity

17,87 %

Current Ratio

4,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 619 000	13 515 000	10 585 000	9 505 000
Net Income	2 225 000	2 061 000	1 515 000	1 607 000
Total Assets	15 791 000	12 966 000	12 103 000	12 799 000
Total Equity	12 453 000	10 195 000	8 726 000	9 810 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 619 000	13 515 000	10 585 000	9 505 000
Expenditure	11 911 000	10 955 000	8 797 000	7 603 000
Operating Profit	2 707 000	2 560 000	1 788 000	1 902 000
Financial Income	146 000	104 000	147 000	141 000
Financial Costs	2 000	1 000	11 000	1 000
Financial Balance	144 000	103 000	136 000	140 000
Earnings Before Tax	2 852 000	2 664 000	1 924 000	2 042 000
Tax	627 000	603 000	409 000	435 000
Net Income	2 225 000	2 061 000	1 515 000	1 607 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 405 000	1 618 000	1 355 000	1 019 000
Total Current Assets	14 386 000	11 348 000	10 749 000	11 781 000
Total Assets	15 791 000	12 966 000	12 103 000	12 799 000
Total Retained Equity	12 305 000	10 047 000	8 578 000	9 622 000
Total Equity	12 453 000	10 195 000	8 726 000	9 810 000
Total Long-Term Debt	51 000	52 000	39 000	29 000
Total Current Debt	3 287 000	2 719 000	3 338 000	2 960 000
Total Equity and Debt	15 791 000	12 966 000	12 103 000	12 799 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 619 000	13 515 000	10 585 000	9 505 000
Other Income	0	0	0	0
Revenue	14 619 000	13 515 000	10 585 000	9 505 000
Cost of Goods Sold	5 712 000	5 704 000	4 673 000	3 797 000
Salary Costs	4 246 000	3 286 000	3 434 000	3 029 000
Depreciation	213 000	217 000	161 000	136 000
Impairment	0	0	0	0
Expenditure	11 911 000	10 955 000	8 797 000	7 603 000
Operating Profit	2 707 000	2 560 000	1 788 000	1 902 000
Financial Income	146 000	104 000	147 000	141 000
Financial Costs	2 000	1 000	11 000	1 000
Financial Balance	144 000	103 000	136 000	140 000
Dividends	0	0	0	1 000 000
Net Income	2 225 000	2 061 000	1 515 000	1 607 000

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	903 000	1 116 000	853 000	517 000
Total Tangible Assets	903 000	1 116 000	853 000	517 000
Total Fiancial Fixed Assets	502 000	502 000	502 000	502 000
Total Fixed Assets	1 405 000	1 618 000	1 355 000	1 019 000
Stock	795 000	0	793 000	485 000
Total Investments	0	0	0	0
Cash, Bank	10 059 000	5 726 000	6 980 000	9 078 000
Total Current Assets	14 386 000	11 348 000	10 749 000	11 781 000
Total Assets	15 791 000	12 966 000	12 103 000	12 799 000
Total Equity	12 453 000	10 195 000	8 726 000	9 810 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	51 000	52 000	39 000	29 000
Creditors	1 225 000	784 000	848 000	410 000
Unpaid Taxes	761 000	954 000	662 000	745 000
Dividends	0	0	0	1 000 000
Other Current Debt	495 000	391 000	1 429 000	366 000
Total Current Debt	3 287 000	2 719 000	3 338 000	2 960 000
Total Equity and Debt	15 791 000	12 966 000	12 103 000	12 799 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,87 %	20,22 %	17,36 %	16,38 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	18,52 %	18,94 %	16,89 %	20,01 %
Current Ratio	4,38	4,17	3,22	3,98
Quick Ratio	5,77	4,17	4,22	4,76
Equity Ratio	0,79	0,79	0,72	0,77
Gross Profit Margin	60,93 %	57,8 %	55,85 %	60,05 %