HØYLANDET ELEKTRO AS

7877 HØYLANDET

Finances

Share Ownership

Return on Equity

−2,02 %

Current Ratio

1,3

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 303 000	2 052 000	1 611 000	1 734 000
Net Income	−16 000	281 000	14 000	12 000
Total Assets	1 410 000	1 544 000	1 447 000	1 541 000
Total Equity	791 000	1 167 000	1 086 000	1 072 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 303 000	2 052 000	1 611 000	1 734 000
Expenditure	2 321 000	1 690 000	1 593 000	1 717 000
Operating Profit	−17 000	361 000	18 000	17 000
Financial Income	0	0	1 000	1 000
Financial Costs	3 000	0	0	2 000
Financial Balance	−3 000	0	1 000	−1 000
Earnings Before Tax	−20 000	361 000	18 000	15 000
Tax	−4 000	79 000	5 000	4 000
Net Income	−16 000	281 000	14 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	654 000	312 000	385 000	359 000
Total Current Assets	756 000	1 232 000	1 062 000	1 182 000
Total Assets	1 410 000	1 544 000	1 447 000	1 541 000
Total Retained Equity	681 000	1 057 000	976 000	962 000
Total Equity	791 000	1 167 000	1 086 000	1 072 000
Total Long-Term Debt	38 000	42 000	25 000	24 000
Total Current Debt	581 000	335 000	336 000	445 000
Total Equity and Debt	1 410 000	1 544 000	1 447 000	1 541 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 303 000	1 909 000	1 608 000	1 734 000
Other Income	0	144 000	3 000	0
Revenue	2 303 000	2 052 000	1 611 000	1 734 000
Cost of Goods Sold	818 000	597 000	576 000	507 000
Salary Costs	980 000	627 000	624 000	835 000
Depreciation	107 000	56 000	51 000	37 000
Impairment	0	0	0	0
Expenditure	2 321 000	1 690 000	1 593 000	1 717 000
Operating Profit	−17 000	361 000	18 000	17 000
Financial Income	0	0	1 000	1 000
Financial Costs	3 000	0	0	2 000
Financial Balance	−3 000	0	1 000	−1 000
Dividends	360 000	200 000	0	0
Net Income	−16 000	281 000	14 000	12 000

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	187 000	249 000	305 000	259 000
Fixtures	427 000	0	0	0
Total Tangible Assets	614 000	249 000	305 000	259 000
Total Fiancial Fixed Assets	40 000	63 000	80 000	100 000
Total Fixed Assets	654 000	312 000	385 000	359 000
Stock	31 000	33 000	0	0
Total Investments	0	0	0	0
Cash, Bank	561 000	1 126 000	899 000	861 000
Total Current Assets	756 000	1 232 000	1 062 000	1 182 000
Total Assets	1 410 000	1 544 000	1 447 000	1 541 000
Total Equity	791 000	1 167 000	1 086 000	1 072 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	38 000	42 000	25 000	24 000
Creditors	189 000	145 000	133 000	217 000
Unpaid Taxes	219 000	50 000	86 000	136 000
Dividends	360 000	200 000	0	0
Other Current Debt	173 000	78 000	113 000	91 000
Total Current Debt	581 000	335 000	336 000	445 000
Total Equity and Debt	1 410 000	1 544 000	1 447 000	1 541 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,02 %	24,08 %	1,29 %	1,12 %
Debt-to-Equity Ratio	0,05	0,04	0,02	0,02
Operating Profit Margin	−0,74 %	17,59 %	1,12 %	0,98 %
Current Ratio	1,3	3,68	3,16	2,66
Quick Ratio	1,37	4,08	3,16	2,66
Equity Ratio	0,56	0,76	0,75	0,7
Gross Profit Margin	64,48 %	70,91 %	64,25 %	70,76 %