ELEKTRO SMART AS

4307 SANDNES

Finances

Return on Equity

52,54 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 924 000	17 458 000	11 999 000	12 085 000
Net Income	1 305 000	2 400 000	1 437 000	1 399 000
Total Assets	8 279 000	8 268 000	6 987 000	6 871 000
Total Equity	2 484 000	1 179 000	1 139 000	1 103 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 924 000	17 458 000	11 999 000	12 085 000
Expenditure	16 119 000	14 296 000	10 049 000	10 193 000
Operating Profit	1 805 000	3 161 000	1 950 000	1 892 000
Financial Income	5 000	4 000	11 000	19 000
Financial Costs	82 000	77 000	100 000	108 000
Financial Balance	−77 000	−73 000	−89 000	−89 000
Earnings Before Tax	1 727 000	3 088 000	1 861 000	1 802 000
Tax	422 000	688 000	424 000	403 000
Net Income	1 305 000	2 400 000	1 437 000	1 399 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 435 000	1 661 000	1 884 000	2 074 000
Total Current Assets	6 844 000	6 607 000	5 102 000	4 797 000
Total Assets	8 279 000	8 268 000	6 987 000	6 871 000
Total Retained Equity	1 484 000	1 075 000	1 075 000	1 039 000
Total Equity	2 484 000	1 179 000	1 139 000	1 103 000
Total Long-Term Debt	1 562 000	1 812 000	2 069 000	2 330 000
Total Current Debt	4 233 000	5 277 000	3 779 000	3 438 000
Total Equity and Debt	8 279 000	8 268 000	6 987 000	6 871 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 924 000	17 458 000	11 957 000	12 064 000
Other Income	0	0	42 000	21 000
Revenue	17 924 000	17 458 000	11 999 000	12 085 000
Cost of Goods Sold	7 475 000	7 810 000	5 176 000	4 876 000
Salary Costs	6 828 000	5 124 000	3 661 000	4 161 000
Depreciation	226 000	223 000	224 000	196 000
Impairment	0	0	0	0
Expenditure	16 119 000	14 296 000	10 049 000	10 193 000
Operating Profit	1 805 000	3 161 000	1 950 000	1 892 000
Financial Income	5 000	4 000	11 000	19 000
Financial Costs	82 000	77 000	100 000	108 000
Financial Balance	−77 000	−73 000	−89 000	−89 000
Dividends	0	2 400 000	1 400 000	1 300 000
Net Income	1 305 000	2 400 000	1 437 000	1 399 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 288 000	1 350 000	1 411 000	1 435 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	137 000	302 000	463 000	629 000
Total Tangible Assets	1 425 000	1 651 000	1 874 000	2 064 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	1 435 000	1 661 000	1 884 000	2 074 000
Stock	480 000	243 000	197 000	190 000
Total Investments	0	0	0	0
Cash, Bank	3 798 000	3 409 000	4 011 000	2 785 000
Total Current Assets	6 844 000	6 607 000	5 102 000	4 797 000
Total Assets	8 279 000	8 268 000	6 987 000	6 871 000
Total Equity	2 484 000	1 179 000	1 139 000	1 103 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 562 000	1 812 000	2 069 000	2 330 000
Creditors	1 083 000	947 000	142 000	72 000
Unpaid Taxes	1 298 000	1 016 000	819 000	753 000
Dividends	0	2 400 000	1 400 000	1 300 000
Other Current Debt	1 430 000	1 226 000	993 000	909 000
Total Current Debt	4 233 000	5 277 000	3 779 000	3 438 000
Total Equity and Debt	8 279 000	8 268 000	6 987 000	6 871 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,54 %	203,56 %	126,16 %	126,84 %
Debt-to-Equity Ratio	0,63	1,54	1,82	2,11
Operating Profit Margin	10,07 %	18,11 %	16,25 %	15,66 %
Current Ratio	1,62	1,25	1,35	1,4
Quick Ratio	1,82	1,31	1,42	1,48
Equity Ratio	0,3	0,14	0,16	0,16
Gross Profit Margin	58,3 %	55,26 %	56,86 %	59,65 %