HALVORSEN ELEKTRISKE AS

4865 ÅMLI

Finances

Return on Equity

−25,21 %

Current Ratio

0,88

Debt-to-Equity Ratio

−0,61

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 478 000	7 757 000	5 662 000	6 067 000
Net Income	153 000	31 000	8 000	−577 000
Total Assets	3 122 000	1 451 000	1 428 000	1 272 000
Total Equity	−607 000	−759 000	−790 000	−798 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 478 000	7 757 000	5 662 000	6 067 000
Expenditure	9 225 000	7 648 000	5 464 000	6 530 000
Operating Profit	252 000	109 000	198 000	−463 000
Financial Income	11 000	0	−6 000	1 000
Financial Costs	110 000	78 000	185 000	115 000
Financial Balance	−99 000	−78 000	−191 000	−114 000
Earnings Before Tax	153 000	31 000	8 000	−577 000
Tax	0	0	0	0
Net Income	153 000	31 000	8 000	−577 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	173 000	60 000	95 000	116 000
Total Current Assets	2 949 000	1 391 000	1 333 000	1 156 000
Total Assets	3 122 000	1 451 000	1 428 000	1 272 000
Total Retained Equity	−707 000	−859 000	−890 000	−898 000
Total Equity	−607 000	−759 000	−790 000	−798 000
Total Long-Term Debt	368 000	413 000	454 000	494 000
Total Current Debt	3 361 000	1 798 000	1 765 000	1 576 000
Total Equity and Debt	3 122 000	1 451 000	1 428 000	1 272 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 337 000	7 757 000	5 652 000	6 067 000
Other Income	140 000	0	10 000	0
Revenue	9 478 000	7 757 000	5 662 000	6 067 000
Cost of Goods Sold	4 159 000	3 403 000	2 332 000	2 631 000
Salary Costs	3 854 000	3 154 000	2 150 000	3 000 000
Depreciation	4 000	0	18 000	28 000
Impairment	0	0	0	0
Expenditure	9 225 000	7 648 000	5 464 000	6 530 000
Operating Profit	252 000	109 000	198 000	−463 000
Financial Income	11 000	0	−6 000	1 000
Financial Costs	110 000	78 000	185 000	115 000
Financial Balance	−99 000	−78 000	−191 000	−114 000
Dividends	0	0	0	0
Net Income	153 000	31 000	8 000	−577 000

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	28 000	0	35 000	53 000
Total Tangible Assets	28 000	0	35 000	53 000
Total Fiancial Fixed Assets	145 000	60 000	60 000	63 000
Total Fixed Assets	173 000	60 000	95 000	116 000
Stock	577 000	402 000	392 000	355 000
Total Investments	0	0	0	0
Cash, Bank	4 000	94 000	81 000	64 000
Total Current Assets	2 949 000	1 391 000	1 333 000	1 156 000
Total Assets	3 122 000	1 451 000	1 428 000	1 272 000
Total Equity	−607 000	−759 000	−790 000	−798 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	368 000	413 000	454 000	494 000
Creditors	2 062 000	675 000	664 000	419 000
Unpaid Taxes	575 000	318 000	299 000	242 000
Dividends	0	0	0	0
Other Current Debt	575 000	395 000	392 000	507 000
Total Current Debt	3 361 000	1 798 000	1 765 000	1 576 000
Total Equity and Debt	3 122 000	1 451 000	1 428 000	1 272 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25,21 %	−4,08 %	−1,01 %	72,31 %
Debt-to-Equity Ratio	−0,61	−0,54	−0,57	−0,62
Operating Profit Margin	2,66 %	1,41 %	3,5 %	−7,63 %
Current Ratio	0,88	0,77	0,76	0,73
Quick Ratio	1,06	1	0,97	0,95
Equity Ratio	−0,19	−0,52	−0,55	−0,63
Gross Profit Margin	56,12 %	56,13 %	58,81 %	56,63 %