ELOTEC AS

7340 OPPDAL

Finances

Return on Equity

20,58 %

Current Ratio

1,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	213 929 000	184 164 000	172 302 000	141 696 000
Net Income	8 810 000	10 167 000	12 637 000	13 174 000
Total Assets	82 606 000	84 143 000	82 699 000	84 111 000
Total Equity	42 805 000	34 776 000	39 609 000	41 070 000

Income (NOK)	2022	2021	2020	2019
Revenue	213 929 000	184 164 000	172 302 000	141 696 000
Expenditure	203 400 000	174 411 000	157 552 000	126 938 000
Operating Profit	10 529 000	9 753 000	14 751 000	14 758 000
Financial Income	1 112 000	2 713 000	3 128 000	3 086 000
Financial Costs	1 347 000	500 000	1 880 000	1 282 000
Financial Balance	−235 000	2 213 000	1 248 000	1 804 000
Earnings Before Tax	10 293 000	11 966 000	15 999 000	16 562 000
Tax	1 484 000	1 799 000	3 362 000	3 389 000
Net Income	8 810 000	10 167 000	12 637 000	13 174 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 964 000	8 407 000	7 758 000	9 172 000
Total Current Assets	73 642 000	75 736 000	74 942 000	74 939 000
Total Assets	82 606 000	84 143 000	82 699 000	84 111 000
Total Retained Equity	28 699 000	20 670 000	29 441 000	30 902 000
Total Equity	42 805 000	34 776 000	39 609 000	41 070 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	39 801 000	49 367 000	43 091 000	43 041 000
Total Equity and Debt	82 606 000	84 143 000	82 699 000	84 111 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	213 929 000	184 164 000	172 302 000	141 696 000
Other Income	0	0	0	0
Revenue	213 929 000	184 164 000	172 302 000	141 696 000
Cost of Goods Sold	92 864 000	80 681 000	75 653 000	55 256 000
Salary Costs	61 002 000	54 554 000	49 887 000	42 469 000
Depreciation	1 223 000	601 000	541 000	473 000
Impairment	0	0	0	0
Expenditure	203 400 000	174 411 000	157 552 000	126 938 000
Operating Profit	10 529 000	9 753 000	14 751 000	14 758 000
Financial Income	1 112 000	2 713 000	3 128 000	3 086 000
Financial Costs	1 347 000	500 000	1 880 000	1 282 000
Financial Balance	−235 000	2 213 000	1 248 000	1 804 000
Dividends	0	15 000 000	13 000 000	15 000 000
Net Income	8 810 000	10 167 000	12 637 000	13 174 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 655 000	201 000	215 000	563 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 128 000	3 220 000	2 305 000	2 686 000
Total Tangible Assets	3 128 000	3 220 000	2 305 000	2 686 000
Total Fiancial Fixed Assets	3 180 000	4 985 000	5 238 000	5 924 000
Total Fixed Assets	8 964 000	8 407 000	7 758 000	9 172 000
Stock	36 099 000	28 466 000	26 468 000	24 149 000
Total Investments	2 472 000	2 852 000	2 367 000	2 034 000
Cash, Bank	10 694 000	13 206 000	23 269 000	19 662 000
Total Current Assets	73 642 000	75 736 000	74 942 000	74 939 000
Total Assets	82 606 000	84 143 000	82 699 000	84 111 000
Total Equity	42 805 000	34 776 000	39 609 000	41 070 000
Short-Term Group Debt	7 551 000	5 048 000	1 408 000	8 186 000
Total Long-Term Debt	0	0	0	0
Creditors	13 100 000	12 673 000	9 299 000	6 137 000
Unpaid Taxes	9 735 000	9 690 000	8 910 000	7 067 000
Dividends	0	15 000 000	13 000 000	15 000 000
Other Current Debt	9 414 000	6 956 000	7 769 000	6 069 000
Total Current Debt	39 801 000	49 367 000	43 091 000	43 041 000
Total Equity and Debt	82 606 000	84 143 000	82 699 000	84 111 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,58 %	29,24 %	31,9 %	32,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,92 %	5,3 %	8,56 %	10,42 %
Current Ratio	1,85	1,53	1,74	1,74
Quick Ratio	19,89	3,62	4,51	3,97
Equity Ratio	0,52	0,41	0,48	0,49
Gross Profit Margin	56,59 %	56,19 %	56,09 %	61 %