ELECTRIC WEST AS

5414 STORD

Finances

Share Ownership

Return on Equity

41,41 %

Current Ratio

1,5

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 071 000	1 019 000	709 000	513 000
Net Income	94 000	16 000	5 000	172 000
Total Assets	730 000	801 000	915 000	407 000
Total Equity	227 000	133 000	117 000	112 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 071 000	1 019 000	709 000	513 000
Expenditure	964 000	970 000	730 000	349 000
Operating Profit	143 000	69 000	−17 000	194 000
Financial Income	0	0	0	0
Financial Costs	22 000	24 000	1 000	0
Financial Balance	−22 000	−24 000	−1 000	0
Earnings Before Tax	121 000	45 000	−17 000	194 000
Tax	27 000	30 000	−22 000	22 000
Net Income	94 000	16 000	5 000	172 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	301 000	407 000	513 000	27 000
Total Current Assets	429 000	395 000	402 000	380 000
Total Assets	730 000	801 000	915 000	407 000
Total Retained Equity	197 000	103 000	87 000	82 000
Total Equity	227 000	133 000	117 000	112 000
Total Long-Term Debt	217 000	361 000	0	0
Total Current Debt	286 000	308 000	798 000	295 000
Total Equity and Debt	730 000	801 000	915 000	407 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 041 000	989 000	709 000	513 000
Other Income	30 000	30 000	0	0
Revenue	1 071 000	1 019 000	709 000	513 000
Cost of Goods Sold	598 000	639 000	511 000	270 000
Salary Costs	92 000	118 000	142 000	0
Depreciation	106 000	106 000	14 000	3 000
Impairment	0	0	0	0
Expenditure	964 000	970 000	730 000	349 000
Operating Profit	143 000	69 000	−17 000	194 000
Financial Income	0	0	0	0
Financial Costs	22 000	24 000	1 000	0
Financial Balance	−22 000	−24 000	−1 000	0
Dividends	0	0	0	0
Net Income	94 000	16 000	5 000	172 000

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	0	0
Fixtures	301 000	407 000	513 000	27 000
Total Tangible Assets	301 000	407 000	513 000	27 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	301 000	407 000	513 000	27 000
Stock	142 000	107 000	87 000	82 000
Total Investments	0	0	0	0
Cash, Bank	240 000	166 000	135 000	156 000
Total Current Assets	429 000	395 000	402 000	380 000
Total Assets	730 000	801 000	915 000	407 000
Total Equity	227 000	133 000	117 000	112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	217 000	361 000	0	0
Creditors	165 000	119 000	642 000	61 000
Unpaid Taxes	87 000	86 000	9 000	44 000
Dividends	0	0	0	0
Other Current Debt	−3 000	97 000	147 000	168 000
Total Current Debt	286 000	308 000	798 000	295 000
Total Equity and Debt	730 000	801 000	915 000	407 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,41 %	12,03 %	4,27 %	153,57 %
Debt-to-Equity Ratio	0,96	2,71	0	0
Operating Profit Margin	13,35 %	6,77 %	−2,4 %	37,82 %
Current Ratio	1,5	1,28	0,5	1,29
Quick Ratio	2,98	1,97	0,57	1,78
Equity Ratio	0,31	0,17	0,13	0,28
Gross Profit Margin	44,16 %	37,29 %	27,93 %	47,37 %