ELEKTROVAREHUSET AS

9900 KIRKENES

Finances

Share Ownership

Return on Equity

24,48 %

Current Ratio

0,43

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 818 000	3 052 000	3 769 000	3 915 000
Net Income	−175 000	−119 000	−8 000	−289 000
Total Assets	537 000	627 000	656 000	876 000
Total Equity	−715 000	−539 000	−618 000	−610 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 818 000	3 052 000	3 769 000	3 915 000
Expenditure	2 917 000	3 102 000	3 684 000	4 139 000
Operating Profit	−100 000	−50 000	85 000	−225 000
Financial Income	0	0	0	0
Financial Costs	76 000	69 000	93 000	65 000
Financial Balance	−76 000	−69 000	−93 000	−65 000
Earnings Before Tax	−175 000	−119 000	−8 000	−289 000
Tax	0	0	0	0
Net Income	−175 000	−119 000	−8 000	−289 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	537 000	627 000	656 000	876 000
Total Assets	537 000	627 000	656 000	876 000
Total Retained Equity	−1 213 000	−1 028 000	−909 000	−901 000
Total Equity	−715 000	−539 000	−618 000	−610 000
Total Long-Term Debt	2 000	2 000	0	214 000
Total Current Debt	1 250 000	1 164 000	1 274 000	1 272 000
Total Equity and Debt	537 000	627 000	656 000	876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 808 000	3 045 000	3 764 000	3 910 000
Other Income	10 000	7 000	5 000	5 000
Revenue	2 818 000	3 052 000	3 769 000	3 915 000
Cost of Goods Sold	1 924 000	2 116 000	2 583 000	2 889 000
Salary Costs	381 000	401 000	453 000	504 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 917 000	3 102 000	3 684 000	4 139 000
Operating Profit	−100 000	−50 000	85 000	−225 000
Financial Income	0	0	0	0
Financial Costs	76 000	69 000	93 000	65 000
Financial Balance	−76 000	−69 000	−93 000	−65 000
Dividends	0	0	0	0
Net Income	−175 000	−119 000	−8 000	−289 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	482 000	553 000	606 000	668 000
Total Investments	0	0	0	0
Cash, Bank	16 000	23 000	31 000	36 000
Total Current Assets	537 000	627 000	656 000	876 000
Total Assets	537 000	627 000	656 000	876 000
Total Equity	−715 000	−539 000	−618 000	−610 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	2 000	0	214 000
Creditors	816 000	700 000	803 000	715 000
Unpaid Taxes	20 000	10 000	53 000	61 000
Dividends	0	0	0	0
Other Current Debt	58 000	40 000	71 000	94 000
Total Current Debt	1 250 000	1 164 000	1 274 000	1 272 000
Total Equity and Debt	537 000	627 000	656 000	876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,48 %	22,08 %	1,29 %	47,38 %
Debt-to-Equity Ratio	−0	−0	−0	−0,35
Operating Profit Margin	−3,55 %	−1,64 %	2,26 %	−5,75 %
Current Ratio	0,43	0,54	0,51	0,69
Quick Ratio	0,7	1,03	0,98	1,45
Equity Ratio	−1,33	−0,86	−0,94	−0,7
Gross Profit Margin	31,72 %	30,67 %	31,47 %	26,21 %