ELEKTRO TEAM AS

9750 HONNINGSVÅG

Finances

Return on Equity

21,16 %

Current Ratio

1,82

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 502 000	19 921 000	16 588 000	24 769 000
Net Income	1 013 000	−1 862 000	648 000	661 000
Total Assets	10 577 000	8 443 000	8 807 000	10 440 000
Total Equity	4 787 000	3 842 000	5 143 000	4 496 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 502 000	19 921 000	16 588 000	24 769 000
Expenditure	19 341 000	21 926 000	15 860 000	23 801 000
Operating Profit	1 161 000	−2 005 000	728 000	968 000
Financial Income	20 000	25 000	52 000	97 000
Financial Costs	48 000	40 000	26 000	11 000
Financial Balance	−28 000	−15 000	26 000	86 000
Earnings Before Tax	1 134 000	−2 020 000	755 000	1 053 000
Tax	121 000	−158 000	107 000	392 000
Net Income	1 013 000	−1 862 000	648 000	661 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	879 000	1 156 000	382 000	775 000
Total Current Assets	9 698 000	7 287 000	8 425 000	9 665 000
Total Assets	10 577 000	8 443 000	8 807 000	10 440 000
Total Retained Equity	4 127 000	3 182 000	5 043 000	4 396 000
Total Equity	4 787 000	3 842 000	5 143 000	4 496 000
Total Long-Term Debt	454 000	628 000	19 000	69 000
Total Current Debt	5 335 000	3 972 000	3 644 000	5 875 000
Total Equity and Debt	10 577 000	8 443 000	8 807 000	10 440 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 453 000	19 733 000	16 457 000	24 738 000
Other Income	50 000	188 000	131 000	31 000
Revenue	20 502 000	19 921 000	16 588 000	24 769 000
Cost of Goods Sold	7 684 000	9 585 000	5 901 000	10 355 000
Salary Costs	7 727 000	9 786 000	7 112 000	9 591 000
Depreciation	350 000	311 000	204 000	218 000
Impairment	0	0	0	0
Expenditure	19 341 000	21 926 000	15 860 000	23 801 000
Operating Profit	1 161 000	−2 005 000	728 000	968 000
Financial Income	20 000	25 000	52 000	97 000
Financial Costs	48 000	40 000	26 000	11 000
Financial Balance	−28 000	−15 000	26 000	86 000
Dividends	0	0	0	0
Net Income	1 013 000	−1 862 000	648 000	661 000

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	858 000	1 115 000	321 000	694 000
Total Tangible Assets	858 000	1 115 000	321 000	694 000
Total Fiancial Fixed Assets	21 000	41 000	61 000	81 000
Total Fixed Assets	879 000	1 156 000	382 000	775 000
Stock	1 295 000	743 000	940 000	640 000
Total Investments	0	0	0	0
Cash, Bank	2 726 000	523 000	2 299 000	3 994 000
Total Current Assets	9 698 000	7 287 000	8 425 000	9 665 000
Total Assets	10 577 000	8 443 000	8 807 000	10 440 000
Total Equity	4 787 000	3 842 000	5 143 000	4 496 000
Short-Term Group Debt	449 000	373 000	399 000	986 000
Total Long-Term Debt	454 000	628 000	19 000	69 000
Creditors	2 545 000	1 049 000	905 000	1 569 000
Unpaid Taxes	1 398 000	1 294 000	1 279 000	1 828 000
Dividends	0	0	0	0
Other Current Debt	841 000	1 257 000	954 000	1 314 000
Total Current Debt	5 335 000	3 972 000	3 644 000	5 875 000
Total Equity and Debt	10 577 000	8 443 000	8 807 000	10 440 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,16 %	−48,46 %	12,6 %	14,7 %
Debt-to-Equity Ratio	0,09	0,16	0	0,02
Operating Profit Margin	5,66 %	−10,06 %	4,39 %	3,91 %
Current Ratio	1,82	1,83	2,31	1,65
Quick Ratio	2,4	2,26	3,12	1,85
Equity Ratio	0,45	0,46	0,58	0,43
Gross Profit Margin	62,52 %	51,88 %	64,43 %	58,19 %