ELECTRO TEAM AS

6517 KRISTIANSUND N

Finances

Return on Equity

16,52 %

Current Ratio

2,04

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 141 000	23 944 000	27 662 000	29 917 000
Net Income	1 526 000	−714 000	1 609 000	1 854 000
Total Assets	15 428 000	12 763 000	14 932 000	14 271 000
Total Equity	9 235 000	6 874 000	8 272 000	6 664 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 141 000	23 944 000	27 662 000	29 917 000
Expenditure	29 160 000	24 784 000	25 526 000	27 551 000
Operating Profit	1 980 000	−841 000	2 137 000	2 365 000
Financial Income	16 000	9 000	11 000	56 000
Financial Costs	24 000	74 000	77 000	107 000
Financial Balance	−8 000	−65 000	−66 000	−51 000
Earnings Before Tax	1 971 000	−905 000	2 070 000	2 314 000
Tax	445 000	−192 000	461 000	460 000
Net Income	1 526 000	−714 000	1 609 000	1 854 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 063 000	4 493 000	4 367 000	1 472 000
Total Current Assets	11 365 000	8 270 000	10 565 000	12 799 000
Total Assets	15 428 000	12 763 000	14 932 000	14 271 000
Total Retained Equity	8 666 000	6 354 000	7 703 000	6 094 000
Total Equity	9 235 000	6 874 000	8 272 000	6 664 000
Total Long-Term Debt	635 000	1 008 000	1 889 000	1 610 000
Total Current Debt	5 558 000	4 881 000	4 771 000	5 998 000
Total Equity and Debt	15 428 000	12 763 000	14 932 000	14 271 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 141 000	23 944 000	27 662 000	29 801 000
Other Income	0	0	0	116 000
Revenue	31 141 000	23 944 000	27 662 000	29 917 000
Cost of Goods Sold	11 603 000	8 866 000	9 482 000	12 330 000
Salary Costs	12 737 000	11 250 000	11 447 000	10 436 000
Depreciation	347 000	365 000	232 000	339 000
Impairment	0	0	0	0
Expenditure	29 160 000	24 784 000	25 526 000	27 551 000
Operating Profit	1 980 000	−841 000	2 137 000	2 365 000
Financial Income	16 000	9 000	11 000	56 000
Financial Costs	24 000	74 000	77 000	107 000
Financial Balance	−8 000	−65 000	−66 000	−51 000
Dividends	0	0	0	0
Net Income	1 526 000	−714 000	1 609 000	1 854 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	27 000	207 000	15 000	30 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	273 000	347 000	225 000	228 000
Total Tangible Assets	1 869 000	2 068 000	2 065 000	1 173 000
Total Fiancial Fixed Assets	2 167 000	2 218 000	2 287 000	269 000
Total Fixed Assets	4 063 000	4 493 000	4 367 000	1 472 000
Stock	1 198 000	1 189 000	1 162 000	925 000
Total Investments	0	0	0	0
Cash, Bank	3 413 000	3 438 000	5 252 000	2 338 000
Total Current Assets	11 365 000	8 270 000	10 565 000	12 799 000
Total Assets	15 428 000	12 763 000	14 932 000	14 271 000
Total Equity	9 235 000	6 874 000	8 272 000	6 664 000
Short-Term Group Debt	0	0	0	1 096 000
Total Long-Term Debt	635 000	1 008 000	1 889 000	1 610 000
Creditors	1 909 000	1 370 000	1 307 000	1 933 000
Unpaid Taxes	1 922 000	1 887 000	1 837 000	1 727 000
Dividends	0	0	0	0
Other Current Debt	1 462 000	1 624 000	1 180 000	953 000
Total Current Debt	5 558 000	4 881 000	4 771 000	5 998 000
Total Equity and Debt	15 428 000	12 763 000	14 932 000	14 271 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,52 %	−10,39 %	19,45 %	27,82 %
Debt-to-Equity Ratio	0,07	0,15	0,23	0,24
Operating Profit Margin	6,36 %	−3,51 %	7,73 %	7,91 %
Current Ratio	2,04	1,69	2,21	2,13
Quick Ratio	2,61	2,24	2,93	2,52
Equity Ratio	0,6	0,54	0,55	0,47
Gross Profit Margin	62,74 %	62,97 %	65,72 %	58,79 %