HANS ÅGES ELEKTRO AS

8408 SORTLAND

Finances

Share Ownership

Return on Equity

−8,19 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 481 000	2 137 000	2 135 000	2 355 000
Net Income	−139 000	194 000	234 000	206 000
Total Assets	2 124 000	2 127 000	2 149 000	1 682 000
Total Equity	1 698 000	1 837 000	1 644 000	1 409 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 481 000	2 137 000	2 135 000	2 355 000
Expenditure	2 635 000	1 892 000	1 876 000	2 071 000
Operating Profit	−147 000	246 000	259 000	283 000
Financial Income	3 000	2 000	0	0
Financial Costs	1 000	0	0	0
Financial Balance	2 000	2 000	0	0
Earnings Before Tax	−144 000	248 000	259 000	283 000
Tax	−5 000	55 000	24 000	77 000
Net Income	−139 000	194 000	234 000	206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 470 000	1 547 000	1 639 000	743 000
Total Current Assets	654 000	580 000	510 000	940 000
Total Assets	2 124 000	2 127 000	2 149 000	1 682 000
Total Retained Equity	1 598 000	1 737 000	1 544 000	1 309 000
Total Equity	1 698 000	1 837 000	1 644 000	1 409 000
Total Long-Term Debt	0	15 000	15 000	0
Total Current Debt	426 000	275 000	490 000	273 000
Total Equity and Debt	2 124 000	2 127 000	2 149 000	1 682 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 481 000	2 137 000	2 014 000	2 355 000
Other Income	0	0	121 000	0
Revenue	2 481 000	2 137 000	2 135 000	2 355 000
Cost of Goods Sold	997 000	734 000	585 000	736 000
Salary Costs	630 000	466 000	650 000	723 000
Depreciation	591 000	370 000	295 000	269 000
Impairment	0	0	0	0
Expenditure	2 635 000	1 892 000	1 876 000	2 071 000
Operating Profit	−147 000	246 000	259 000	283 000
Financial Income	3 000	2 000	0	0
Financial Costs	1 000	0	0	0
Financial Balance	2 000	2 000	0	0
Dividends	0	0	0	0
Net Income	−139 000	194 000	234 000	206 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	141 000	176 000	211 000	208 000
Machinery and Plant Facilities	1 152 000	1 371 000	1 428 000	175 000
Fixtures	178 000	0	0	115 000
Total Tangible Assets	1 470 000	1 547 000	1 639 000	743 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 470 000	1 547 000	1 639 000	743 000
Stock	54 000	46 000	45 000	30 000
Total Investments	0	0	0	0
Cash, Bank	341 000	470 000	386 000	862 000
Total Current Assets	654 000	580 000	510 000	940 000
Total Assets	2 124 000	2 127 000	2 149 000	1 682 000
Total Equity	1 698 000	1 837 000	1 644 000	1 409 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	15 000	15 000	0
Creditors	84 000	5 000	−2 000	0
Unpaid Taxes	183 000	79 000	91 000	93 000
Dividends	0	0	0	0
Other Current Debt	149 000	137 000	392 000	103 000
Total Current Debt	426 000	275 000	490 000	273 000
Total Equity and Debt	2 124 000	2 127 000	2 149 000	1 682 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,19 %	10,56 %	14,23 %	14,62 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	−5,93 %	11,51 %	12,13 %	12,02 %
Current Ratio	1,54	2,11	1,04	3,44
Quick Ratio	1,76	2,53	1,15	3,87
Equity Ratio	0,8	0,86	0,77	0,84
Gross Profit Margin	59,81 %	65,65 %	72,6 %	68,75 %