SØRLANDETS ELEKTRO AS

4515 MANDAL

Finances

Return on Equity

50,6 %

Current Ratio

3,13

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 420 000	44 350 000	32 158 000	28 505 000
Net Income	6 012 000	6 399 000	4 026 000	2 922 000
Total Assets	26 080 000	28 271 000	20 625 000	17 795 000
Total Equity	11 881 000	8 869 000	13 458 000	12 332 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 420 000	44 350 000	32 158 000	28 505 000
Expenditure	39 761 000	36 129 000	26 942 000	24 713 000
Operating Profit	7 659 000	8 220 000	5 216 000	3 792 000
Financial Income	33 000	29 000	32 000	31 000
Financial Costs	204 000	25 000	16 000	11 000
Financial Balance	−171 000	4 000	16 000	20 000
Earnings Before Tax	7 488 000	8 224 000	5 232 000	3 812 000
Tax	1 476 000	1 825 000	1 206 000	890 000
Net Income	6 012 000	6 399 000	4 026 000	2 922 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 032 000	961 000	1 068 000	1 208 000
Total Current Assets	25 048 000	27 311 000	19 557 000	16 587 000
Total Assets	26 080 000	28 271 000	20 625 000	17 795 000
Total Retained Equity	11 482 000	8 470 000	13 059 000	11 933 000
Total Equity	11 881 000	8 869 000	13 458 000	12 332 000
Total Long-Term Debt	6 200 000	11 000 000	0	0
Total Current Debt	7 999 000	8 402 000	7 167 000	5 463 000
Total Equity and Debt	26 080 000	28 271 000	20 625 000	17 795 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 295 000	44 337 000	32 128 000	28 505 000
Other Income	125 000	13 000	29 000	0
Revenue	47 420 000	44 350 000	32 158 000	28 505 000
Cost of Goods Sold	20 836 000	20 136 000	13 514 000	11 565 000
Salary Costs	14 101 000	12 094 000	10 469 000	9 999 000
Depreciation	131 000	150 000	228 000	244 000
Impairment	0	0	0	0
Expenditure	39 761 000	36 129 000	26 942 000	24 713 000
Operating Profit	7 659 000	8 220 000	5 216 000	3 792 000
Financial Income	33 000	29 000	32 000	31 000
Financial Costs	204 000	25 000	16 000	11 000
Financial Balance	−171 000	4 000	16 000	20 000
Dividends	3 000 000	10 988 000	2 900 000	1 500 000
Net Income	6 012 000	6 399 000	4 026 000	2 922 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	23 000	50 000	80 000	109 000
Fixtures	159 000	136 000	227 000	377 000
Total Tangible Assets	181 000	186 000	306 000	486 000
Total Fiancial Fixed Assets	851 000	775 000	762 000	722 000
Total Fixed Assets	1 032 000	961 000	1 068 000	1 208 000
Stock	3 300 000	3 600 000	3 900 000	4 400 000
Total Investments	0	0	0	0
Cash, Bank	2 797 000	9 751 000	5 131 000	4 148 000
Total Current Assets	25 048 000	27 311 000	19 557 000	16 587 000
Total Assets	26 080 000	28 271 000	20 625 000	17 795 000
Total Equity	11 881 000	8 869 000	13 458 000	12 332 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 200 000	11 000 000	0	0
Creditors	2 268 000	2 288 000	2 026 000	1 469 000
Unpaid Taxes	2 812 000	3 049 000	1 978 000	2 159 000
Dividends	3 000 000	10 988 000	2 900 000	1 500 000
Other Current Debt	1 443 000	1 240 000	1 957 000	944 000
Total Current Debt	7 999 000	8 402 000	7 167 000	5 463 000
Total Equity and Debt	26 080 000	28 271 000	20 625 000	17 795 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,6 %	72,15 %	29,92 %	23,69 %
Debt-to-Equity Ratio	0,52	1,24	0	0
Operating Profit Margin	16,15 %	18,53 %	16,22 %	13,3 %
Current Ratio	3,13	3,25	2,73	3,04
Quick Ratio	5,33	5,69	5,99	15,6
Equity Ratio	0,46	0,31	0,65	0,69
Gross Profit Margin	56,06 %	54,6 %	57,98 %	59,43 %