HEMSEDAL ELEKTRO AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

5,57 %

Current Ratio

3,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 168 000	12 040 000	12 479 000	9 476 000
Net Income	194 000	473 000	714 000	132 000
Total Assets	4 781 000	4 750 000	4 244 000	3 842 000
Total Equity	3 481 000	3 287 000	3 115 000	2 400 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 168 000	12 040 000	12 479 000	9 476 000
Expenditure	11 921 000	11 432 000	11 558 000	9 300 000
Operating Profit	246 000	607 000	922 000	176 000
Financial Income	2 000	0	1 000	1 000
Financial Costs	0	1 000	7 000	13 000
Financial Balance	2 000	−1 000	−6 000	−12 000
Earnings Before Tax	248 000	606 000	916 000	164 000
Tax	55 000	133 000	202 000	32 000
Net Income	194 000	473 000	714 000	132 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	101 000	101 000	101 000	101 000
Total Current Assets	4 679 000	4 648 000	4 143 000	3 741 000
Total Assets	4 781 000	4 750 000	4 244 000	3 842 000
Total Retained Equity	3 181 000	2 987 000	2 815 000	2 100 000
Total Equity	3 481 000	3 287 000	3 115 000	2 400 000
Total Long-Term Debt	0	0	53 000	639 000
Total Current Debt	1 300 000	1 462 000	1 077 000	803 000
Total Equity and Debt	4 781 000	4 750 000	4 244 000	3 842 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 759 000	11 642 000	12 094 000	9 046 000
Other Income	409 000	397 000	385 000	430 000
Revenue	12 168 000	12 040 000	12 479 000	9 476 000
Cost of Goods Sold	8 980 000	8 654 000	9 083 000	6 956 000
Salary Costs	1 958 000	1 849 000	1 609 000	1 526 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 921 000	11 432 000	11 558 000	9 300 000
Operating Profit	246 000	607 000	922 000	176 000
Financial Income	2 000	0	1 000	1 000
Financial Costs	0	1 000	7 000	13 000
Financial Balance	2 000	−1 000	−6 000	−12 000
Dividends	0	0	0	0
Net Income	194 000	473 000	714 000	132 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	101 000	101 000	101 000	101 000
Total Fixed Assets	101 000	101 000	101 000	101 000
Stock	2 767 000	2 256 000	2 213 000	2 216 000
Total Investments	0	0	0	0
Cash, Bank	645 000	1 389 000	852 000	563 000
Total Current Assets	4 679 000	4 648 000	4 143 000	3 741 000
Total Assets	4 781 000	4 750 000	4 244 000	3 842 000
Total Equity	3 481 000	3 287 000	3 115 000	2 400 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	53 000	639 000
Creditors	799 000	599 000	468 000	390 000
Unpaid Taxes	203 000	234 000	238 000	209 000
Dividends	0	0	0	0
Other Current Debt	243 000	496 000	170 000	171 000
Total Current Debt	1 300 000	1 462 000	1 077 000	803 000
Total Equity and Debt	4 781 000	4 750 000	4 244 000	3 842 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,57 %	14,39 %	22,92 %	5,5 %
Debt-to-Equity Ratio	0	0	0,02	0,27
Operating Profit Margin	2,02 %	5,04 %	7,39 %	1,86 %
Current Ratio	3,6	3,18	3,85	4,66
Quick Ratio	−3,19	−5,85	−3,65	−2,65
Equity Ratio	0,73	0,69	0,73	0,62
Gross Profit Margin	26,2 %	28,12 %	27,21 %	26,59 %