ELEKTROMONTASJE ÅRDAL AS

6884 ØVRE ÅRDAL

Finances

Return on Equity

5,12 %

Current Ratio

2,8

Debt-to-Equity Ratio

1,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	410 000	478 000	371 000	395 000
Net Income	81 000	169 000	131 000	183 000
Total Assets	3 376 000	3 421 000	3 331 000	1 825 000
Total Equity	1 583 000	1 502 000	1 333 000	802 000

Income (NOK)	2022	2021	2020	2019
Revenue	410 000	478 000	371 000	395 000
Expenditure	230 000	193 000	154 000	118 000
Operating Profit	180 000	284 000	218 000	278 000
Financial Income	0	0	0	0
Financial Costs	76 000	68 000	50 000	43 000
Financial Balance	−76 000	−68 000	−50 000	−43 000
Earnings Before Tax	104 000	216 000	168 000	235 000
Tax	23 000	48 000	37 000	52 000
Net Income	81 000	169 000	131 000	183 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 082 000	3 161 000	2 911 000	1 630 000
Total Current Assets	294 000	260 000	421 000	195 000
Total Assets	3 376 000	3 421 000	3 331 000	1 825 000
Total Retained Equity	883 000	802 000	633 000	502 000
Total Equity	1 583 000	1 502 000	1 333 000	802 000
Total Long-Term Debt	1 689 000	1 866 000	1 964 000	922 000
Total Current Debt	105 000	53 000	34 000	101 000
Total Equity and Debt	3 376 000	3 421 000	3 331 000	1 825 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	410 000	478 000	371 000	395 000
Revenue	410 000	478 000	371 000	395 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	79 000	77 000	42 000	36 000
Impairment	0	0	0	0
Expenditure	230 000	193 000	154 000	118 000
Operating Profit	180 000	284 000	218 000	278 000
Financial Income	0	0	0	0
Financial Costs	76 000	68 000	50 000	43 000
Financial Balance	−76 000	−68 000	−50 000	−43 000
Dividends	0	0	0	0
Net Income	81 000	169 000	131 000	183 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 622 000	2 701 000	2 451 000	1 470 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 622 000	2 701 000	2 451 000	1 470 000
Total Fiancial Fixed Assets	460 000	460 000	460 000	160 000
Total Fixed Assets	3 082 000	3 161 000	2 911 000	1 630 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	270 000	248 000	251 000	169 000
Total Current Assets	294 000	260 000	421 000	195 000
Total Assets	3 376 000	3 421 000	3 331 000	1 825 000
Total Equity	1 583 000	1 502 000	1 333 000	802 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 689 000	1 866 000	1 964 000	922 000
Creditors	0	0	0	0
Unpaid Taxes	79 000	3 000	0	49 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	105 000	53 000	34 000	101 000
Total Equity and Debt	3 376 000	3 421 000	3 331 000	1 825 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,12 %	11,25 %	9,83 %	22,82 %
Debt-to-Equity Ratio	1,07	1,24	1,47	1,15
Operating Profit Margin	43,9 %	59,41 %	58,76 %	70,38 %
Current Ratio	2,8	4,91	12,38	1,93
Quick Ratio	2,8	4,91	12,38	1,93
Equity Ratio	0,47	0,44	0,4	0,44
Gross Profit Margin	100 %	100 %	100 %	100 %