MYHRE ELEKTRO AS

2100 SKARNES

Finances

Return on Equity

−3,75 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 642 000	14 247 000	13 230 000	13 273 000
Net Income	−75 000	741 000	1 029 000	216 000
Total Assets	5 110 000	6 742 000	5 343 000	4 126 000
Total Equity	2 000 000	2 075 000	1 934 000	906 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 642 000	14 247 000	13 230 000	13 273 000
Expenditure	14 712 000	13 248 000	11 835 000	12 836 000
Operating Profit	−70 000	999 000	1 396 000	437 000
Financial Income	20 000	17 000	0	1 000
Financial Costs	45 000	66 000	74 000	158 000
Financial Balance	−25 000	−49 000	−74 000	−157 000
Earnings Before Tax	−95 000	950 000	1 322 000	280 000
Tax	−20 000	209 000	293 000	64 000
Net Income	−75 000	741 000	1 029 000	216 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	391 000	239 000	263 000	345 000
Total Current Assets	4 719 000	6 502 000	5 080 000	3 781 000
Total Assets	5 110 000	6 742 000	5 343 000	4 126 000
Total Retained Equity	1 500 000	1 575 000	1 434 000	406 000
Total Equity	2 000 000	2 075 000	1 934 000	906 000
Total Long-Term Debt	0	0	0	4 000
Total Current Debt	3 111 000	4 667 000	3 408 000	3 216 000
Total Equity and Debt	5 110 000	6 742 000	5 343 000	4 126 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 642 000	14 247 000	13 230 000	13 273 000
Other Income	0	0	0	0
Revenue	14 642 000	14 247 000	13 230 000	13 273 000
Cost of Goods Sold	4 422 000	4 155 000	3 251 000	4 379 000
Salary Costs	7 350 000	6 723 000	6 342 000	6 461 000
Depreciation	61 000	42 000	67 000	65 000
Impairment	0	0	0	0
Expenditure	14 712 000	13 248 000	11 835 000	12 836 000
Operating Profit	−70 000	999 000	1 396 000	437 000
Financial Income	20 000	17 000	0	1 000
Financial Costs	45 000	66 000	74 000	158 000
Financial Balance	−25 000	−49 000	−74 000	−157 000
Dividends	0	600 000	0	0
Net Income	−75 000	741 000	1 029 000	216 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	130 000	105 000	88 000	253 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	198 000	110 000	150 000	67 000
Fixtures	15 000	15 000	15 000	15 000
Total Tangible Assets	213 000	125 000	165 000	82 000
Total Fiancial Fixed Assets	48 000	10 000	10 000	10 000
Total Fixed Assets	391 000	239 000	263 000	345 000
Stock	1 091 000	1 115 000	1 055 000	994 000
Total Investments	0	0	0	0
Cash, Bank	483 000	247 000	213 000	206 000
Total Current Assets	4 719 000	6 502 000	5 080 000	3 781 000
Total Assets	5 110 000	6 742 000	5 343 000	4 126 000
Total Equity	2 000 000	2 075 000	1 934 000	906 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	4 000
Creditors	1 087 000	1 062 000	464 000	543 000
Unpaid Taxes	1 152 000	1 322 000	861 000	699 000
Dividends	0	600 000	0	0
Other Current Debt	865 000	1 359 000	735 000	742 000
Total Current Debt	3 111 000	4 667 000	3 408 000	3 216 000
Total Equity and Debt	5 110 000	6 742 000	5 343 000	4 126 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,75 %	35,71 %	53,21 %	23,84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,48 %	7,01 %	10,55 %	3,29 %
Current Ratio	1,52	1,39	1,49	1,18
Quick Ratio	2,34	1,83	2,16	1,7
Equity Ratio	0,39	0,31	0,36	0,22
Gross Profit Margin	69,8 %	70,84 %	75,43 %	67,01 %