BELSVIK ELEKTRO AS

7200 KYRKSÆTERØRA

Finances

Return on Equity

109,87 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	58 202 000	63 187 000	46 527 000	63 903 000
Net Income	6 989 000	4 993 000	5 183 000	9 942 000
Total Assets	25 332 000	26 212 000	24 768 000	30 030 000
Total Equity	6 361 000	6 293 000	7 797 000	7 837 000

Income (NOK)	2022	2021	2020	2019
Revenue	58 202 000	63 187 000	46 527 000	63 903 000
Expenditure	49 356 000	56 787 000	39 926 000	51 252 000
Operating Profit	8 846 000	6 399 000	6 601 000	12 652 000
Financial Income	116 000	13 000	76 000	106 000
Financial Costs	1 000	10 000	29 000	10 000
Financial Balance	115 000	3 000	47 000	96 000
Earnings Before Tax	8 960 000	6 402 000	6 648 000	12 748 000
Tax	1 971 000	1 408 000	1 465 000	2 806 000
Net Income	6 989 000	4 993 000	5 183 000	9 942 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	544 000	721 000	902 000	899 000
Total Current Assets	24 788 000	25 491 000	23 866 000	29 131 000
Total Assets	25 332 000	26 212 000	24 768 000	30 030 000
Total Retained Equity	6 331 000	6 263 000	7 767 000	7 807 000
Total Equity	6 361 000	6 293 000	7 797 000	7 837 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	18 971 000	19 919 000	16 971 000	22 193 000
Total Equity and Debt	25 332 000	26 212 000	24 768 000	30 030 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 177 000	63 158 000	46 525 000	63 897 000
Other Income	26 000	28 000	3 000	6 000
Revenue	58 202 000	63 187 000	46 527 000	63 903 000
Cost of Goods Sold	17 158 000	25 099 000	13 696 000	22 407 000
Salary Costs	23 893 000	24 555 000	20 334 000	22 328 000
Depreciation	226 000	297 000	346 000	408 000
Impairment	0	0	0	0
Expenditure	49 356 000	56 787 000	39 926 000	51 252 000
Operating Profit	8 846 000	6 399 000	6 601 000	12 652 000
Financial Income	116 000	13 000	76 000	106 000
Financial Costs	1 000	10 000	29 000	10 000
Financial Balance	115 000	3 000	47 000	96 000
Dividends	0	0	0	9 942 000
Net Income	6 989 000	4 993 000	5 183 000	9 942 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	193 000	212 000	118 000	110 000
Real Eastate	37 000	37 000	37 000	37 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	314 000	472 000	747 000	741 000
Total Tangible Assets	351 000	509 000	784 000	778 000
Total Fiancial Fixed Assets	0	0	0	10 000
Total Fixed Assets	544 000	721 000	902 000	899 000
Stock	4 028 000	3 535 000	3 434 000	3 834 000
Total Investments	0	0	0	0
Cash, Bank	930 000	929 000	3 597 000	15 274 000
Total Current Assets	24 788 000	25 491 000	23 866 000	29 131 000
Total Assets	25 332 000	26 212 000	24 768 000	30 030 000
Total Equity	6 361 000	6 293 000	7 797 000	7 837 000
Short-Term Group Debt	8 873 000	8 000 000	6 696 000	0
Total Long-Term Debt	0	0	0	0
Creditors	3 577 000	5 069 000	3 333 000	1 912 000
Unpaid Taxes	3 570 000	2 978 000	2 561 000	2 640 000
Dividends	0	0	0	9 942 000
Other Current Debt	2 951 000	3 872 000	4 381 000	4 894 000
Total Current Debt	18 971 000	19 919 000	16 971 000	22 193 000
Total Equity and Debt	25 332 000	26 212 000	24 768 000	30 030 000

Financial indicators	2022	2021	2020	2019
Return on Equity	109,87 %	79,34 %	66,47 %	126,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,2 %	10,13 %	14,19 %	19,8 %
Current Ratio	1,31	1,28	1,41	1,31
Quick Ratio	1,66	1,56	1,76	1,59
Equity Ratio	0,25	0,24	0,31	0,26
Gross Profit Margin	70,52 %	60,28 %	70,56 %	64,94 %