ELECTRIC FRIENDS AS

5257 KOKSTAD

Finances

Share Ownership

Return on Equity

−27,56 %

Current Ratio

4,41

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 039 000	13 087 000	5 314 000	23 636 000
Net Income	−3 517 000	−3 919 000	−3 551 000	1 821 000
Total Assets	16 548 000	20 776 000	25 240 000	11 535 000
Total Equity	12 763 000	16 280 000	14 821 000	−1 949 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 039 000	13 087 000	5 314 000	23 636 000
Expenditure	22 763 000	18 086 000	13 081 000	21 537 000
Operating Profit	−4 724 000	−4 999 000	−7 767 000	2 100 000
Financial Income	607 000	107 000	436 000	295 000
Financial Costs	504 000	330 000	301 000	511 000
Financial Balance	103 000	−223 000	135 000	−216 000
Earnings Before Tax	−4 621 000	−5 222 000	−7 632 000	1 884 000
Tax	−1 104 000	−1 303 000	−4 081 000	63 000
Net Income	−3 517 000	−3 919 000	−3 551 000	1 821 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 713 000	1 790 000	2 258 000	2 432 000
Total Current Assets	13 835 000	18 985 000	22 983 000	9 103 000
Total Assets	16 548 000	20 776 000	25 240 000	11 535 000
Total Retained Equity	0	0	0	−2 112 000
Total Equity	12 763 000	16 280 000	14 821 000	−1 949 000
Total Long-Term Debt	650 000	1 037 000	6 904 000	10 130 000
Total Current Debt	3 135 000	3 459 000	3 515 000	3 354 000
Total Equity and Debt	16 548 000	20 776 000	25 240 000	11 535 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 002 000	11 652 000	3 701 000	23 429 000
Other Income	1 037 000	1 435 000	1 612 000	208 000
Revenue	18 039 000	13 087 000	5 314 000	23 636 000
Cost of Goods Sold	6 358 000	4 755 000	1 495 000	10 742 000
Salary Costs	10 365 000	7 296 000	7 791 000	6 873 000
Depreciation	845 000	634 000	615 000	517 000
Impairment	0	0	0	0
Expenditure	22 763 000	18 086 000	13 081 000	21 537 000
Operating Profit	−4 724 000	−4 999 000	−7 767 000	2 100 000
Financial Income	607 000	107 000	436 000	295 000
Financial Costs	504 000	330 000	301 000	511 000
Financial Balance	103 000	−223 000	135 000	−216 000
Dividends	0	0	0	0
Net Income	−3 517 000	−3 919 000	−3 551 000	1 821 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 905 000	1 337 000	1 778 000	1 855 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	44 000	66 000	88 000	111 000
Fixtures	764 000	388 000	391 000	390 000
Total Tangible Assets	808 000	454 000	480 000	501 000
Total Fiancial Fixed Assets	0	0	0	76 000
Total Fixed Assets	2 713 000	1 790 000	2 258 000	2 432 000
Stock	3 781 000	2 359 000	1 665 000	924 000
Total Investments	0	0	0	0
Cash, Bank	114 000	939 000	2 500 000	4 934 000
Total Current Assets	13 835 000	18 985 000	22 983 000	9 103 000
Total Assets	16 548 000	20 776 000	25 240 000	11 535 000
Total Equity	12 763 000	16 280 000	14 821 000	−1 949 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	650 000	1 037 000	6 904 000	10 130 000
Creditors	520 000	1 604 000	650 000	790 000
Unpaid Taxes	566 000	529 000	395 000	566 000
Dividends	0	0	0	0
Other Current Debt	2 048 000	1 065 000	2 316 000	1 935 000
Total Current Debt	3 135 000	3 459 000	3 515 000	3 354 000
Total Equity and Debt	16 548 000	20 776 000	25 240 000	11 535 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,56 %	−24,07 %	−23,96 %	−93,43 %
Debt-to-Equity Ratio	0,05	0,06	0,47	−5,2
Operating Profit Margin	−26,19 %	−38,2 %	−146,16 %	8,88 %
Current Ratio	4,41	5,49	6,54	2,71
Quick Ratio	−21,42	17,26	12,42	3,75
Equity Ratio	0,77	0,78	0,59	−0,17
Gross Profit Margin	64,75 %	63,67 %	71,87 %	54,55 %