ELEKTRO FINRO AS

0175 OSLO

Finances

Share Ownership

Return on Equity

148,84 %

Current Ratio

1,16

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 323 000	1 502 000	1 257 000	1 448 000
Net Income	128 000	313 000	94 000	−218 000
Total Assets	542 000	528 000	443 000	341 000
Total Equity	86 000	237 000	108 000	269 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 323 000	1 502 000	1 257 000	1 448 000
Expenditure	1 162 000	1 130 000	1 161 000	1 657 000
Operating Profit	160 000	372 000	96 000	−208 000
Financial Income	2 000	1 000	0	0
Financial Costs	0	0	2 000	9 000
Financial Balance	2 000	1 000	−2 000	−9 000
Earnings Before Tax	162 000	374 000	94 000	−218 000
Tax	35 000	60 000	0	0
Net Income	128 000	313 000	94 000	−218 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 000	41 000	330 000	79 000
Total Current Assets	491 000	487 000	113 000	262 000
Total Assets	542 000	528 000	443 000	341 000
Total Retained Equity	56 000	207 000	78 000	239 000
Total Equity	86 000	237 000	108 000	269 000
Total Long-Term Debt	35 000	0	0	0
Total Current Debt	422 000	291 000	335 000	72 000
Total Equity and Debt	542 000	528 000	443 000	341 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 323 000	1 502 000	1 248 000	1 448 000
Other Income	0	0	9 000	0
Revenue	1 323 000	1 502 000	1 257 000	1 448 000
Cost of Goods Sold	332 000	448 000	240 000	402 000
Salary Costs	317 000	138 000	348 000	672 000
Depreciation	5 000	0	21 000	29 000
Impairment	0	7 000	0	0
Expenditure	1 162 000	1 130 000	1 161 000	1 657 000
Operating Profit	160 000	372 000	96 000	−208 000
Financial Income	2 000	1 000	0	0
Financial Costs	0	0	2 000	9 000
Financial Balance	2 000	1 000	−2 000	−9 000
Dividends	279 000	184 000	255 000	0
Net Income	128 000	313 000	94 000	−218 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 000	24 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	12 000	17 000	58 000	79 000
Total Tangible Assets	36 000	41 000	58 000	79 000
Total Fiancial Fixed Assets	15 000	0	273 000	0
Total Fixed Assets	51 000	41 000	330 000	79 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 000	185 000	32 000	48 000
Total Current Assets	491 000	487 000	113 000	262 000
Total Assets	542 000	528 000	443 000	341 000
Total Equity	86 000	237 000	108 000	269 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	35 000	0	0	0
Creditors	53 000	1 000	15 000	0
Unpaid Taxes	23 000	31 000	32 000	79 000
Dividends	279 000	184 000	255 000	0
Other Current Debt	32 000	14 000	32 000	−7 000
Total Current Debt	422 000	291 000	335 000	72 000
Total Equity and Debt	542 000	528 000	443 000	341 000

Financial indicators	2022	2021	2020	2019
Return on Equity	148,84 %	132,07 %	87,04 %	−81,04 %
Debt-to-Equity Ratio	0,41	0	0	0
Operating Profit Margin	12,09 %	24,77 %	7,64 %	−14,36 %
Current Ratio	1,16	1,67	0,34	3,64
Quick Ratio	1,16	1,67	0,34	3,64
Equity Ratio	0,16	0,45	0,24	0,79
Gross Profit Margin	74,91 %	70,17 %	80,91 %	72,24 %