EDVARDSEN ELEKTRO AS

2319 HAMAR

Finances

Share Ownership

Return on Equity

10,38 %

Current Ratio

1,81

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 801 000	33 122 000	21 920 000	27 045 000
Net Income	357 000	1 552 000	−1 222 000	1 322 000
Total Assets	10 776 000	13 421 000	8 081 000	9 279 000
Total Equity	3 438 000	3 080 000	2 528 000	3 750 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 801 000	33 122 000	21 920 000	27 045 000
Expenditure	30 212 000	31 059 000	23 467 000	25 333 000
Operating Profit	588 000	2 063 000	−1 547 000	1 711 000
Financial Income	10 000	14 000	37 000	30 000
Financial Costs	82 000	86 000	56 000	43 000
Financial Balance	−72 000	−72 000	−19 000	−13 000
Earnings Before Tax	517 000	1 990 000	−1 566 000	1 699 000
Tax	159 000	438 000	−344 000	376 000
Net Income	357 000	1 552 000	−1 222 000	1 322 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	294 000	404 000	509 000	268 000
Total Current Assets	10 483 000	13 017 000	7 572 000	9 011 000
Total Assets	10 776 000	13 421 000	8 081 000	9 279 000
Total Retained Equity	2 143 000	1 785 000	1 233 000	2 455 000
Total Equity	3 438 000	3 080 000	2 528 000	3 750 000
Total Long-Term Debt	1 562 000	2 487 000	1 188 000	622 000
Total Current Debt	5 777 000	7 853 000	4 365 000	4 907 000
Total Equity and Debt	10 776 000	13 421 000	8 081 000	9 279 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 801 000	33 122 000	21 858 000	27 045 000
Other Income	0	0	63 000	0
Revenue	30 801 000	33 122 000	21 920 000	27 045 000
Cost of Goods Sold	12 573 000	14 793 000	8 182 000	9 266 000
Salary Costs	13 534 000	12 802 000	11 598 000	12 903 000
Depreciation	126 000	195 000	125 000	86 000
Impairment	0	0	0	0
Expenditure	30 212 000	31 059 000	23 467 000	25 333 000
Operating Profit	588 000	2 063 000	−1 547 000	1 711 000
Financial Income	10 000	14 000	37 000	30 000
Financial Costs	82 000	86 000	56 000	43 000
Financial Balance	−72 000	−72 000	−19 000	−13 000
Dividends	0	1 000 000	0	0
Net Income	357 000	1 552 000	−1 222 000	1 322 000

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	0	0	14 000	21 000
Fixtures	294 000	390 000	480 000	233 000
Total Tangible Assets	294 000	390 000	494 000	254 000
Total Fiancial Fixed Assets	0	14 000	14 000	14 000
Total Fixed Assets	294 000	404 000	509 000	268 000
Stock	1 161 000	1 179 000	695 000	719 000
Total Investments	0	0	0	0
Cash, Bank	3 296 000	6 004 000	1 989 000	4 423 000
Total Current Assets	10 483 000	13 017 000	7 572 000	9 011 000
Total Assets	10 776 000	13 421 000	8 081 000	9 279 000
Total Equity	3 438 000	3 080 000	2 528 000	3 750 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 562 000	2 487 000	1 188 000	622 000
Creditors	1 307 000	2 145 000	1 087 000	333 000
Unpaid Taxes	1 479 000	2 021 000	1 156 000	1 448 000
Dividends	0	1 000 000	0	0
Other Current Debt	2 290 000	2 688 000	2 122 000	2 449 000
Total Current Debt	5 777 000	7 853 000	4 365 000	4 907 000
Total Equity and Debt	10 776 000	13 421 000	8 081 000	9 279 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,38 %	50,39 %	−48,34 %	35,25 %
Debt-to-Equity Ratio	0,45	0,81	0,47	0,17
Operating Profit Margin	1,91 %	6,23 %	−7,06 %	6,33 %
Current Ratio	1,81	1,66	1,73	1,84
Quick Ratio	2,27	1,95	2,06	2,15
Equity Ratio	0,32	0,23	0,31	0,4
Gross Profit Margin	59,18 %	55,34 %	62,67 %	65,74 %