HEIANE ELEKTRO AS

5412 STORD

Finances

Share Ownership

Return on Equity

−9,18 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 613 000	68 572 000	73 467 000	57 065 000
Net Income	−264 000	1 199 000	1 738 000	363 000
Total Assets	14 003 000	14 580 000	15 095 000	14 009 000
Total Equity	2 877 000	3 142 000	2 742 000	2 004 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 613 000	68 572 000	73 467 000	57 065 000
Expenditure	67 814 000	66 948 000	71 094 000	56 424 000
Operating Profit	−200 000	1 624 000	2 373 000	641 000
Financial Income	1 000	0	2 000	3 000
Financial Costs	139 000	87 000	147 000	179 000
Financial Balance	−138 000	−87 000	−145 000	−176 000
Earnings Before Tax	−339 000	1 538 000	2 229 000	465 000
Tax	−75 000	338 000	490 000	103 000
Net Income	−264 000	1 199 000	1 738 000	363 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	455 000	529 000	474 000	390 000
Total Current Assets	13 547 000	14 051 000	14 621 000	13 619 000
Total Assets	14 003 000	14 580 000	15 095 000	14 009 000
Total Retained Equity	1 677 000	1 942 000	1 542 000	804 000
Total Equity	2 877 000	3 142 000	2 742 000	2 004 000
Total Long-Term Debt	0	0	675 000	1 575 000
Total Current Debt	11 126 000	11 438 000	11 678 000	10 430 000
Total Equity and Debt	14 003 000	14 580 000	15 095 000	14 009 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	67 613 000	68 572 000	73 459 000	57 065 000
Other Income	0	0	8 000	0
Revenue	67 613 000	68 572 000	73 467 000	57 065 000
Cost of Goods Sold	54 471 000	54 605 000	60 133 000	45 554 000
Salary Costs	8 328 000	7 608 000	6 938 000	6 910 000
Depreciation	148 000	81 000	26 000	91 000
Impairment	0	0	0	0
Expenditure	67 814 000	66 948 000	71 094 000	56 424 000
Operating Profit	−200 000	1 624 000	2 373 000	641 000
Financial Income	1 000	0	2 000	3 000
Financial Costs	139 000	87 000	147 000	179 000
Financial Balance	−138 000	−87 000	−145 000	−176 000
Dividends	0	800 000	1 000 000	0
Net Income	−264 000	1 199 000	1 738 000	363 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	414 000	340 000	358 000	274 000
Real Eastate	41 000	189 000	116 000	116 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	41 000	189 000	116 000	116 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	455 000	529 000	474 000	390 000
Stock	11 712 000	12 135 000	8 735 000	9 300 000
Total Investments	0	0	0	0
Cash, Bank	286 000	222 000	2 922 000	397 000
Total Current Assets	13 547 000	14 051 000	14 621 000	13 619 000
Total Assets	14 003 000	14 580 000	15 095 000	14 009 000
Total Equity	2 877 000	3 142 000	2 742 000	2 004 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	675 000	1 575 000
Creditors	2 612 000	3 897 000	5 118 000	3 633 000
Unpaid Taxes	1 121 000	309 000	1 224 000	1 123 000
Dividends	0	800 000	1 000 000	0
Other Current Debt	4 481 000	5 875 000	4 762 000	4 855 000
Total Current Debt	11 126 000	11 438 000	11 678 000	10 430 000
Total Equity and Debt	14 003 000	14 580 000	15 095 000	14 009 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,18 %	38,16 %	63,38 %	18,11 %
Debt-to-Equity Ratio	0	0	0,25	0,79
Operating Profit Margin	−0,3 %	2,37 %	3,23 %	1,12 %
Current Ratio	1,22	1,23	1,25	1,31
Quick Ratio	−23,12	−20,16	4,97	12,05
Equity Ratio	0,21	0,22	0,18	0,14
Gross Profit Margin	19,44 %	20,37 %	18,15 %	20,17 %