EL SERVICE GRENLAND AS

3960 STATHELLE

Finances

Return on Equity

42,07 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 423 000	17 088 000	14 276 000	14 125 000
Net Income	1 531 000	1 057 000	1 195 000	956 000
Total Assets	11 070 000	8 112 000	7 433 000	6 878 000
Total Equity	3 639 000	3 708 000	4 251 000	3 656 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 423 000	17 088 000	14 276 000	14 125 000
Expenditure	15 435 000	15 741 000	12 737 000	12 911 000
Operating Profit	1 988 000	1 346 000	1 539 000	1 214 000
Financial Income	13 000	20 000	11 000	15 000
Financial Costs	38 000	11 000	16 000	4 000
Financial Balance	−25 000	9 000	−5 000	11 000
Earnings Before Tax	1 963 000	1 355 000	1 534 000	1 225 000
Tax	432 000	298 000	339 000	269 000
Net Income	1 531 000	1 057 000	1 195 000	956 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 691 000	564 000	556 000	171 000
Total Current Assets	9 379 000	7 549 000	6 877 000	6 707 000
Total Assets	11 070 000	8 112 000	7 433 000	6 878 000
Total Retained Equity	3 539 000	3 608 000	4 151 000	3 556 000
Total Equity	3 639 000	3 708 000	4 251 000	3 656 000
Total Long-Term Debt	1 004 000	100 000	181 000	0
Total Current Debt	6 427 000	4 305 000	3 002 000	3 222 000
Total Equity and Debt	11 070 000	8 112 000	7 433 000	6 878 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 410 000	17 088 000	14 276 000	14 125 000
Other Income	13 000	0	1 000	0
Revenue	17 423 000	17 088 000	14 276 000	14 125 000
Cost of Goods Sold	6 631 000	7 088 000	5 262 000	5 138 000
Salary Costs	6 774 000	6 583 000	5 342 000	5 704 000
Depreciation	205 000	148 000	134 000	63 000
Impairment	0	0	0	0
Expenditure	15 435 000	15 741 000	12 737 000	12 911 000
Operating Profit	1 988 000	1 346 000	1 539 000	1 214 000
Financial Income	13 000	20 000	11 000	15 000
Financial Costs	38 000	11 000	16 000	4 000
Financial Balance	−25 000	9 000	−5 000	11 000
Dividends	1 600 000	1 600 000	600 000	400 000
Net Income	1 531 000	1 057 000	1 195 000	956 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	139 000	144 000	21 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 611 000	347 000	402 000	139 000
Total Tangible Assets	1 611 000	347 000	402 000	139 000
Total Fiancial Fixed Assets	54 000	78 000	10 000	10 000
Total Fixed Assets	1 691 000	564 000	556 000	171 000
Stock	1 220 000	893 000	921 000	939 000
Total Investments	0	0	0	0
Cash, Bank	5 152 000	4 083 000	4 248 000	2 849 000
Total Current Assets	9 379 000	7 549 000	6 877 000	6 707 000
Total Assets	11 070 000	8 112 000	7 433 000	6 878 000
Total Equity	3 639 000	3 708 000	4 251 000	3 656 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 004 000	100 000	181 000	0
Creditors	2 517 000	573 000	317 000	738 000
Unpaid Taxes	967 000	1 220 000	1 119 000	870 000
Dividends	1 600 000	1 600 000	600 000	400 000
Other Current Debt	2 224 000	1 819 000	504 000	984 000
Total Current Debt	6 427 000	4 305 000	3 002 000	3 222 000
Total Equity and Debt	11 070 000	8 112 000	7 433 000	6 878 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,07 %	28,51 %	28,11 %	26,15 %
Debt-to-Equity Ratio	0,28	0,03	0,04	0
Operating Profit Margin	11,41 %	7,88 %	10,78 %	8,59 %
Current Ratio	1,46	1,75	2,29	2,08
Quick Ratio	1,8	2,21	3,3	2,94
Equity Ratio	0,33	0,46	0,57	0,53
Gross Profit Margin	61,94 %	58,52 %	63,14 %	63,62 %