FK ELECTRONICS AS

7041 TRONDHEIM

Finances

Share Ownership

Return on Equity

−11,64 %

Current Ratio

2,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	543 000	546 000	996 000	732 000
Net Income	−27 000	−7 000	296 000	93 000
Total Assets	437 000	485 000	782 000	511 000
Total Equity	232 000	359 000	416 000	320 000

Income (NOK)	2022	2021	2020	2019
Revenue	543 000	546 000	996 000	732 000
Expenditure	578 000	555 000	619 000	612 000
Operating Profit	−34 000	−8 000	377 000	119 000
Financial Income	0	0	2 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	2 000	0
Earnings Before Tax	−34 000	−9 000	379 000	119 000
Tax	−8 000	−2 000	83 000	26 000
Net Income	−27 000	−7 000	296 000	93 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	2 000	0	0
Total Current Assets	428 000	483 000	782 000	511 000
Total Assets	437 000	485 000	782 000	511 000
Total Retained Equity	217 000	344 000	401 000	306 000
Total Equity	232 000	359 000	416 000	320 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	206 000	126 000	367 000	191 000
Total Equity and Debt	437 000	485 000	782 000	511 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	543 000	546 000	956 000	732 000
Other Income	0	0	40 000	0
Revenue	543 000	546 000	996 000	732 000
Cost of Goods Sold	59 000	23 000	30 000	58 000
Salary Costs	335 000	313 000	317 000	312 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	578 000	555 000	619 000	612 000
Operating Profit	−34 000	−8 000	377 000	119 000
Financial Income	0	0	2 000	0
Financial Costs	0	0	0	0
Financial Balance	0	0	2 000	0
Dividends	100 000	50 000	200 000	0
Net Income	−27 000	−7 000	296 000	93 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	2 000	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	9 000	2 000	0	0
Stock	75 000	76 000	78 000	78 000
Total Investments	0	0	0	0
Cash, Bank	287 000	324 000	622 000	229 000
Total Current Assets	428 000	483 000	782 000	511 000
Total Assets	437 000	485 000	782 000	511 000
Total Equity	232 000	359 000	416 000	320 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	40 000	4 000	7 000	45 000
Unpaid Taxes	34 000	42 000	44 000	38 000
Dividends	100 000	50 000	200 000	0
Other Current Debt	32 000	30 000	32 000	32 000
Total Current Debt	206 000	126 000	367 000	191 000
Total Equity and Debt	437 000	485 000	782 000	511 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−11,64 %	−1,95 %	71,15 %	29,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,26 %	−1,47 %	37,85 %	16,26 %
Current Ratio	2,08	3,83	2,13	2,68
Quick Ratio	3,27	9,66	2,71	4,52
Equity Ratio	0,53	0,74	0,53	0,63
Gross Profit Margin	89,13 %	95,79 %	96,99 %	92,08 %