HØNEFOSS ELEKTRO AS

3517 HØNEFOSS

Finances

Share Ownership

Return on Equity

−432,39 %

Current Ratio

0,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 137 000	2 311 000	2 169 000	1 979 000
Net Income	−307 000	−241 000	199 000	−37 000
Total Assets	721 000	793 000	1 019 000	802 000
Total Equity	71 000	378 000	619 000	420 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 137 000	2 311 000	2 169 000	1 979 000
Expenditure	2 533 000	2 620 000	1 914 000	2 026 000
Operating Profit	−394 000	−308 000	256 000	−47 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−394 000	−308 000	256 000	−47 000
Tax	−87 000	−68 000	56 000	−10 000
Net Income	−307 000	−241 000	199 000	−37 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	274 000	236 000	267 000	351 000
Total Current Assets	447 000	557 000	752 000	451 000
Total Assets	721 000	793 000	1 019 000	802 000
Total Retained Equity	−29 000	278 000	519 000	320 000
Total Equity	71 000	378 000	619 000	420 000
Total Long-Term Debt	0	0	35 000	29 000
Total Current Debt	650 000	415 000	365 000	354 000
Total Equity and Debt	721 000	793 000	1 019 000	802 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 137 000	2 311 000	2 169 000	1 979 000
Other Income	0	0	0	0
Revenue	2 137 000	2 311 000	2 169 000	1 979 000
Cost of Goods Sold	780 000	940 000	704 000	628 000
Salary Costs	1 299 000	1 368 000	891 000	1 113 000
Depreciation	49 000	64 000	84 000	111 000
Impairment	0	0	0	0
Expenditure	2 533 000	2 620 000	1 914 000	2 026 000
Operating Profit	−394 000	−308 000	256 000	−47 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−307 000	−241 000	199 000	−37 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	120 000	33 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	154 000	203 000	267 000	351 000
Total Tangible Assets	154 000	203 000	267 000	351 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	274 000	236 000	267 000	351 000
Stock	111 000	114 000	64 000	87 000
Total Investments	0	0	0	0
Cash, Bank	168 000	100 000	528 000	276 000
Total Current Assets	447 000	557 000	752 000	451 000
Total Assets	721 000	793 000	1 019 000	802 000
Total Equity	71 000	378 000	619 000	420 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	35 000	29 000
Creditors	122 000	91 000	88 000	42 000
Unpaid Taxes	231 000	173 000	161 000	174 000
Dividends	0	0	0	0
Other Current Debt	297 000	150 000	66 000	138 000
Total Current Debt	650 000	415 000	365 000	354 000
Total Equity and Debt	721 000	793 000	1 019 000	802 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−432,39 %	−63,76 %	32,15 %	−8,81 %
Debt-to-Equity Ratio	0	0	0,06	0,07
Operating Profit Margin	−18,44 %	−13,33 %	11,8 %	−2,37 %
Current Ratio	0,69	1,34	2,06	1,27
Quick Ratio	0,83	1,85	2,5	1,69
Equity Ratio	0,1	0,48	0,61	0,52
Gross Profit Margin	63,5 %	59,32 %	67,54 %	68,27 %