ELEKTRISK SVEISNING AS

1363 HØVIK

Finances

Return on Equity

11,34 %

Current Ratio

6,23

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 910 000	951 000	953 000	930 000
Net Income	939 000	256 000	201 000	511 000
Total Assets	9 947 000	10 839 000	10 499 000	10 214 000
Total Equity	8 277 000	7 734 000	7 478 000	7 277 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 910 000	951 000	953 000	930 000
Expenditure	766 000	625 000	724 000	605 000
Operating Profit	1 144 000	326 000	229 000	325 000
Financial Income	60 000	8 000	264 000	263 000
Financial Costs	4 000	5 000	253 000	4 000
Financial Balance	56 000	3 000	11 000	259 000
Earnings Before Tax	1 200 000	329 000	240 000	584 000
Tax	261 000	72 000	39 000	74 000
Net Income	939 000	256 000	201 000	511 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 219 000	2 267 000	2 317 000	2 368 000
Total Current Assets	7 728 000	8 572 000	8 182 000	7 846 000
Total Assets	9 947 000	10 839 000	10 499 000	10 214 000
Total Retained Equity	3 615 000	3 072 000	2 816 000	2 615 000
Total Equity	8 277 000	7 734 000	7 478 000	7 277 000
Total Long-Term Debt	428 000	289 000	282 000	295 000
Total Current Debt	1 241 000	2 816 000	2 738 000	2 642 000
Total Equity and Debt	9 947 000	10 839 000	10 499 000	10 214 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	977 000	951 000	953 000	930 000
Other Income	933 000	0	0	0
Revenue	1 910 000	951 000	953 000	930 000
Cost of Goods Sold	0	0	0	0
Salary Costs	481 000	432 000	420 000	307 000
Depreciation	48 000	50 000	51 000	58 000
Impairment	0	0	0	0
Expenditure	766 000	625 000	724 000	605 000
Operating Profit	1 144 000	326 000	229 000	325 000
Financial Income	60 000	8 000	264 000	263 000
Financial Costs	4 000	5 000	253 000	4 000
Financial Balance	56 000	3 000	11 000	259 000
Dividends	198 000	0	0	0
Net Income	939 000	256 000	201 000	511 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 200 000	2 245 000	2 291 000	2 338 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	19 000	22 000	26 000	30 000
Total Tangible Assets	2 219 000	2 267 000	2 317 000	2 368 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 219 000	2 267 000	2 317 000	2 368 000
Stock	0	7 735 000	7 439 000	6 963 000
Total Investments	269 000	269 000	269 000	528 000
Cash, Bank	7 450 000	523 000	429 000	316 000
Total Current Assets	7 728 000	8 572 000	8 182 000	7 846 000
Total Assets	9 947 000	10 839 000	10 499 000	10 214 000
Total Equity	8 277 000	7 734 000	7 478 000	7 277 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	428 000	289 000	282 000	295 000
Creditors	32 000	15 000	17 000	0
Unpaid Taxes	130 000	97 000	89 000	61 000
Dividends	198 000	0	0	0
Other Current Debt	759 000	2 638 000	2 581 000	2 491 000
Total Current Debt	1 241 000	2 816 000	2 738 000	2 642 000
Total Equity and Debt	9 947 000	10 839 000	10 499 000	10 214 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,34 %	3,31 %	2,69 %	7,02 %
Debt-to-Equity Ratio	0,05	0,04	0,04	0,04
Operating Profit Margin	59,9 %	34,28 %	24,03 %	34,95 %
Current Ratio	6,23	3,04	2,99	2,97
Quick Ratio	6,23	−1,74	−1,74	−1,82
Equity Ratio	0,83	0,71	0,71	0,71
Gross Profit Margin	100 %	100 %	100 %	100 %