ØSTFOLD ELEKTRO AS

1712 GRÅLUM

Finances

Share Ownership

Return on Equity

−98,46 %

Current Ratio

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	57 898 000	42 333 000	41 047 000	42 772 000
Net Income	−1 728 000	−270 000	−779 000	1 701 000
Total Assets	19 942 000	12 998 000	12 362 000	13 299 000
Total Equity	1 755 000	3 483 000	3 503 000	4 283 000

Income (NOK)	2022	2021	2020	2019
Revenue	57 898 000	42 333 000	41 047 000	42 772 000
Expenditure	59 992 000	42 651 000	42 053 000	40 523 000
Operating Profit	−2 095 000	−318 000	−1 005 000	2 249 000
Financial Income	15 000	24 000	59 000	12 000
Financial Costs	91 000	52 000	53 000	72 000
Financial Balance	−76 000	−28 000	6 000	−60 000
Earnings Before Tax	−2 171 000	−346 000	−998 000	2 189 000
Tax	−443 000	−76 000	−219 000	487 000
Net Income	−1 728 000	−270 000	−779 000	1 701 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 048 000	2 169 000	2 329 000	2 622 000
Total Current Assets	17 894 000	10 829 000	10 033 000	10 678 000
Total Assets	19 942 000	12 998 000	12 362 000	13 299 000
Total Retained Equity	1 405 000	3 133 000	3 403 000	4 183 000
Total Equity	1 755 000	3 483 000	3 503 000	4 283 000
Total Long-Term Debt	230 000	673 000	924 000	1 026 000
Total Current Debt	17 957 000	8 842 000	7 935 000	7 991 000
Total Equity and Debt	19 942 000	12 998 000	12 362 000	13 299 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	57 898 000	42 333 000	41 047 000	42 772 000
Other Income	0	0	0	0
Revenue	57 898 000	42 333 000	41 047 000	42 772 000
Cost of Goods Sold	30 932 000	16 681 000	17 095 000	13 373 000
Salary Costs	23 833 000	19 935 000	19 823 000	21 940 000
Depreciation	623 000	423 000	443 000	508 000
Impairment	0	0	0	0
Expenditure	59 992 000	42 651 000	42 053 000	40 523 000
Operating Profit	−2 095 000	−318 000	−1 005 000	2 249 000
Financial Income	15 000	24 000	59 000	12 000
Financial Costs	91 000	52 000	53 000	72 000
Financial Balance	−76 000	−28 000	6 000	−60 000
Dividends	0	0	0	1 000 000
Net Income	−1 728 000	−270 000	−779 000	1 701 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	283 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	17 000	0	0
Fixtures	1 695 000	2 082 000	2 258 000	2 555 000
Total Tangible Assets	1 695 000	2 099 000	2 258 000	2 555 000
Total Fiancial Fixed Assets	71 000	71 000	71 000	66 000
Total Fixed Assets	2 048 000	2 169 000	2 329 000	2 622 000
Stock	392 000	367 000	367 000	367 000
Total Investments	0	0	0	0
Cash, Bank	1 000	3 000	2 677 000	4 217 000
Total Current Assets	17 894 000	10 829 000	10 033 000	10 678 000
Total Assets	19 942 000	12 998 000	12 362 000	13 299 000
Total Equity	1 755 000	3 483 000	3 503 000	4 283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	230 000	673 000	924 000	1 026 000
Creditors	8 482 000	2 994 000	2 428 000	1 533 000
Unpaid Taxes	2 348 000	954 000	2 428 000	2 742 000
Dividends	0	0	0	1 000 000
Other Current Debt	2 478 000	2 244 000	3 079 000	2 351 000
Total Current Debt	17 957 000	8 842 000	7 935 000	7 991 000
Total Equity and Debt	19 942 000	12 998 000	12 362 000	13 299 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−98,46 %	−7,75 %	−22,24 %	39,72 %
Debt-to-Equity Ratio	0,13	0,19	0,26	0,24
Operating Profit Margin	−3,62 %	−0,75 %	−2,45 %	5,26 %
Current Ratio	1	1,22	1,26	1,34
Quick Ratio	1,02	1,28	1,33	1,4
Equity Ratio	0,09	0,27	0,28	0,32
Gross Profit Margin	46,58 %	60,6 %	58,35 %	68,73 %