HAV ELEKTRO AS

5384 TORANGSVÅG

Finances

Return on Equity

−2,42 %

Current Ratio

2,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 174 000	34 221 000	16 548 000	14 364 000
Net Income	−226 000	5 568 000	1 494 000	649 000
Total Assets	15 118 000	14 521 000	8 413 000	4 984 000
Total Equity	9 356 000	9 583 000	4 015 000	2 521 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 174 000	34 221 000	16 548 000	14 364 000
Expenditure	23 428 000	27 038 000	14 626 000	13 478 000
Operating Profit	−254 000	7 184 000	1 922 000	886 000
Financial Income	19 000	35 000	33 000	3 000
Financial Costs	48 000	76 000	39 000	55 000
Financial Balance	−29 000	−41 000	−6 000	−52 000
Earnings Before Tax	−283 000	7 143 000	1 917 000	834 000
Tax	−57 000	1 575 000	422 000	185 000
Net Income	−226 000	5 568 000	1 494 000	649 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	624 000	289 000	134 000	116 000
Total Current Assets	14 494 000	14 233 000	8 279 000	4 867 000
Total Assets	15 118 000	14 521 000	8 413 000	4 984 000
Total Retained Equity	9 176 000	9 403 000	3 836 000	2 341 000
Total Equity	9 356 000	9 583 000	4 015 000	2 521 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 762 000	4 939 000	4 398 000	2 463 000
Total Equity and Debt	15 118 000	14 521 000	8 413 000	4 984 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 174 000	34 123 000	15 878 000	14 064 000
Other Income	0	99 000	671 000	300 000
Revenue	23 174 000	34 221 000	16 548 000	14 364 000
Cost of Goods Sold	11 989 000	17 621 000	8 386 000	7 333 000
Salary Costs	8 598 000	7 270 000	4 359 000	4 074 000
Depreciation	69 000	39 000	27 000	15 000
Impairment	0	0	0	0
Expenditure	23 428 000	27 038 000	14 626 000	13 478 000
Operating Profit	−254 000	7 184 000	1 922 000	886 000
Financial Income	19 000	35 000	33 000	3 000
Financial Costs	48 000	76 000	39 000	55 000
Financial Balance	−29 000	−41 000	−6 000	−52 000
Dividends	0	0	0	0
Net Income	−226 000	5 568 000	1 494 000	649 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	114 000	57 000	52 000	52 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	385 000	73 000	61 000	20 000
Total Tangible Assets	385 000	73 000	61 000	20 000
Total Fiancial Fixed Assets	125 000	159 000	20 000	44 000
Total Fixed Assets	624 000	289 000	134 000	116 000
Stock	2 015 000	1 161 000	1 946 000	1 095 000
Total Investments	0	0	0	0
Cash, Bank	4 925 000	2 385 000	1 880 000	570 000
Total Current Assets	14 494 000	14 233 000	8 279 000	4 867 000
Total Assets	15 118 000	14 521 000	8 413 000	4 984 000
Total Equity	9 356 000	9 583 000	4 015 000	2 521 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 250 000	759 000	1 616 000	791 000
Unpaid Taxes	1 880 000	1 424 000	1 502 000	630 000
Dividends	0	0	0	0
Other Current Debt	1 632 000	1 175 000	857 000	845 000
Total Current Debt	5 762 000	4 939 000	4 398 000	2 463 000
Total Equity and Debt	15 118 000	14 521 000	8 413 000	4 984 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,42 %	58,1 %	37,21 %	25,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,1 %	20,99 %	11,61 %	6,17 %
Current Ratio	2,52	2,88	1,88	1,98
Quick Ratio	3,87	3,77	3,38	3,56
Equity Ratio	0,62	0,66	0,48	0,51
Gross Profit Margin	48,27 %	48,51 %	49,32 %	48,95 %