MELSTED ELEKTRO AS

1178 OSLO

Finances

Share Ownership

Return on Equity

23,82 %

Current Ratio

2,41

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 189 000	10 039 000	9 445 000	10 034 000
Net Income	958 000	450 000	379 000	626 000
Total Assets	6 957 000	5 267 000	4 350 000	4 289 000
Total Equity	4 022 000	3 064 000	2 615 000	2 236 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 189 000	10 039 000	9 445 000	10 034 000
Expenditure	10 929 000	9 444 000	8 944 000	9 212 000
Operating Profit	1 260 000	594 000	501 000	822 000
Financial Income	0	0	0	1 000
Financial Costs	31 000	17 000	13 000	20 000
Financial Balance	−31 000	−17 000	−13 000	−19 000
Earnings Before Tax	1 229 000	577 000	489 000	804 000
Tax	271 000	128 000	110 000	178 000
Net Income	958 000	450 000	379 000	626 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 756 000	943 000	771 000	598 000
Total Current Assets	5 202 000	4 324 000	3 579 000	3 691 000
Total Assets	6 957 000	5 267 000	4 350 000	4 289 000
Total Retained Equity	3 903 000	2 945 000	2 496 000	2 117 000
Total Equity	4 022 000	3 064 000	2 615 000	2 236 000
Total Long-Term Debt	774 000	374 000	250 000	256 000
Total Current Debt	2 161 000	1 829 000	1 485 000	1 797 000
Total Equity and Debt	6 957 000	5 267 000	4 350 000	4 289 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 189 000	10 039 000	9 360 000	10 007 000
Other Income	0	0	85 000	27 000
Revenue	12 189 000	10 039 000	9 445 000	10 034 000
Cost of Goods Sold	4 873 000	4 251 000	3 965 000	4 024 000
Salary Costs	4 599 000	3 905 000	3 609 000	3 783 000
Depreciation	277 000	137 000	126 000	126 000
Impairment	0	0	0	0
Expenditure	10 929 000	9 444 000	8 944 000	9 212 000
Operating Profit	1 260 000	594 000	501 000	822 000
Financial Income	0	0	0	1 000
Financial Costs	31 000	17 000	13 000	20 000
Financial Balance	−31 000	−17 000	−13 000	−19 000
Dividends	0	0	0	0
Net Income	958 000	450 000	379 000	626 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	91 000	59 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 756 000	943 000	680 000	539 000
Total Tangible Assets	1 756 000	943 000	680 000	539 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 756 000	943 000	771 000	598 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 178 000	2 226 000	2 316 000	1 753 000
Total Current Assets	5 202 000	4 324 000	3 579 000	3 691 000
Total Assets	6 957 000	5 267 000	4 350 000	4 289 000
Total Equity	4 022 000	3 064 000	2 615 000	2 236 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	774 000	374 000	250 000	256 000
Creditors	600 000	699 000	456 000	649 000
Unpaid Taxes	563 000	461 000	313 000	430 000
Dividends	0	0	0	0
Other Current Debt	728 000	639 000	574 000	536 000
Total Current Debt	2 161 000	1 829 000	1 485 000	1 797 000
Total Equity and Debt	6 957 000	5 267 000	4 350 000	4 289 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,82 %	14,69 %	14,49 %	28 %
Debt-to-Equity Ratio	0,19	0,12	0,1	0,11
Operating Profit Margin	10,34 %	5,92 %	5,3 %	8,19 %
Current Ratio	2,41	2,36	2,41	2,05
Quick Ratio	2,41	2,36	2,41	2,05
Equity Ratio	0,58	0,58	0,6	0,52
Gross Profit Margin	60,02 %	57,66 %	58,02 %	59,9 %