HAVIG & ELLINGSEN ENTREPRENØR AS

1911 FLATEBY

Finances

Return on Equity

5,09 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 432 000	45 876 000	43 376 000	34 844 000
Net Income	379 000	2 146 000	3 043 000	2 447 000
Total Assets	15 546 000	15 679 000	13 326 000	9 108 000
Total Equity	7 443 000	7 565 000	5 818 000	3 775 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 432 000	45 876 000	43 376 000	34 844 000
Expenditure	51 046 000	43 155 000	39 504 000	31 721 000
Operating Profit	386 000	2 720 000	3 872 000	3 123 000
Financial Income	117 000	58 000	47 000	36 000
Financial Costs	12 000	26 000	16 000	2 000
Financial Balance	105 000	32 000	31 000	34 000
Earnings Before Tax	490 000	2 752 000	3 903 000	3 158 000
Tax	112 000	605 000	859 000	711 000
Net Income	379 000	2 146 000	3 043 000	2 447 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 502 000	2 603 000	2 736 000	4 066 000
Total Current Assets	13 044 000	13 076 000	10 590 000	5 042 000
Total Assets	15 546 000	15 679 000	13 326 000	9 108 000
Total Retained Equity	7 343 000	7 465 000	5 718 000	3 675 000
Total Equity	7 443 000	7 565 000	5 818 000	3 775 000
Total Long-Term Debt	55 000	65 000	77 000	72 000
Total Current Debt	8 047 000	8 049 000	7 431 000	5 261 000
Total Equity and Debt	15 546 000	15 679 000	13 326 000	9 108 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 422 000	45 876 000	43 152 000	34 726 000
Other Income	9 000	0	224 000	117 000
Revenue	51 432 000	45 876 000	43 376 000	34 844 000
Cost of Goods Sold	33 107 000	25 786 000	26 107 000	20 117 000
Salary Costs	7 598 000	7 221 000	5 745 000	5 142 000
Depreciation	425 000	420 000	381 000	491 000
Impairment	0	0	0	0
Expenditure	51 046 000	43 155 000	39 504 000	31 721 000
Operating Profit	386 000	2 720 000	3 872 000	3 123 000
Financial Income	117 000	58 000	47 000	36 000
Financial Costs	12 000	26 000	16 000	2 000
Financial Balance	105 000	32 000	31 000	34 000
Dividends	500 000	400 000	1 000 000	2 000 000
Net Income	379 000	2 146 000	3 043 000	2 447 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	100 000	100 000	100 000	100 000
Machinery and Plant Facilities	692 000	849 000	943 000	1 146 000
Fixtures	671 000	538 000	573 000	467 000
Total Tangible Assets	1 463 000	1 487 000	1 616 000	1 713 000
Total Fiancial Fixed Assets	1 039 000	1 116 000	1 119 000	2 353 000
Total Fixed Assets	2 502 000	2 603 000	2 736 000	4 066 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 794 000	147 000	147 000	446 000
Total Current Assets	13 044 000	13 076 000	10 590 000	5 042 000
Total Assets	15 546 000	15 679 000	13 326 000	9 108 000
Total Equity	7 443 000	7 565 000	5 818 000	3 775 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	55 000	65 000	77 000	72 000
Creditors	6 391 000	5 902 000	4 027 000	1 297 000
Unpaid Taxes	740 000	671 000	718 000	712 000
Dividends	500 000	400 000	1 000 000	2 000 000
Other Current Debt	794 000	859 000	1 832 000	2 527 000
Total Current Debt	8 047 000	8 049 000	7 431 000	5 261 000
Total Equity and Debt	15 546 000	15 679 000	13 326 000	9 108 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,09 %	28,37 %	52,3 %	64,82 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,02
Operating Profit Margin	0,75 %	5,93 %	8,93 %	8,96 %
Current Ratio	1,62	1,62	1,43	0,96
Quick Ratio	1,62	1,62	1,43	0,96
Equity Ratio	0,48	0,48	0,44	0,41
Gross Profit Margin	35,63 %	43,79 %	39,81 %	42,27 %