ØPSTAD ELEKTRO AS

1350 LOMMEDALEN

Finances

Share Ownership

Return on Equity

1,3 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 997 000	2 327 000	1 873 000	2 124 000
Net Income	7 000	283 000	36 000	16 000
Total Assets	1 125 000	1 002 000	712 000	797 000
Total Equity	538 000	531 000	248 000	212 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 997 000	2 327 000	1 873 000	2 124 000
Expenditure	1 988 000	1 964 000	1 836 000	2 104 000
Operating Profit	9 000	363 000	37 000	19 000
Financial Income	2 000	0	0	1 000
Financial Costs	1 000	11 000	0	0
Financial Balance	1 000	−11 000	0	1 000
Earnings Before Tax	9 000	352 000	38 000	20 000
Tax	2 000	69 000	2 000	4 000
Net Income	7 000	283 000	36 000	16 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	478 000	636 000	121 000	103 000
Total Current Assets	647 000	366 000	592 000	693 000
Total Assets	1 125 000	1 002 000	712 000	797 000
Total Retained Equity	508 000	501 000	218 000	182 000
Total Equity	538 000	531 000	248 000	212 000
Total Long-Term Debt	22 000	31 000	0	0
Total Current Debt	565 000	441 000	464 000	585 000
Total Equity and Debt	1 125 000	1 002 000	712 000	797 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 997 000	2 180 000	1 873 000	2 124 000
Other Income	0	147 000	0	0
Revenue	1 997 000	2 327 000	1 873 000	2 124 000
Cost of Goods Sold	722 000	1 060 000	805 000	758 000
Salary Costs	913 000	552 000	787 000	1 051 000
Depreciation	157 000	125 000	23 000	50 000
Impairment	0	0	0	0
Expenditure	1 988 000	1 964 000	1 836 000	2 104 000
Operating Profit	9 000	363 000	37 000	19 000
Financial Income	2 000	0	0	1 000
Financial Costs	1 000	11 000	0	0
Financial Balance	1 000	−11 000	0	1 000
Dividends	0	0	0	0
Net Income	7 000	283 000	36 000	16 000

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	23 000	31 000	39 000	0
Fixtures	456 000	605 000	82 000	103 000
Total Tangible Assets	478 000	636 000	121 000	103 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	478 000	636 000	121 000	103 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	59 000	59 000	256 000	265 000
Total Current Assets	647 000	366 000	592 000	693 000
Total Assets	1 125 000	1 002 000	712 000	797 000
Total Equity	538 000	531 000	248 000	212 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 000	31 000	0	0
Creditors	156 000	135 000	92 000	223 000
Unpaid Taxes	165 000	73 000	120 000	165 000
Dividends	0	0	0	0
Other Current Debt	233 000	195 000	251 000	193 000
Total Current Debt	565 000	441 000	464 000	585 000
Total Equity and Debt	1 125 000	1 002 000	712 000	797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,3 %	53,3 %	14,52 %	7,55 %
Debt-to-Equity Ratio	0,04	0,06	0	0
Operating Profit Margin	0,45 %	15,6 %	1,98 %	0,89 %
Current Ratio	1,15	0,83	1,28	1,18
Quick Ratio	1,15	0,83	1,28	1,18
Equity Ratio	0,48	0,53	0,35	0,27
Gross Profit Margin	63,85 %	54,45 %	57,02 %	64,31 %