ELEKTROTERM NORDSALTEN AS

8275 STORJORD I TYSFJORD

Finances

Share Ownership

Return on Equity

19,42 %

Current Ratio

6,13

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 167 000	1 367 000	996 000	1 426 000
Net Income	254 000	281 000	222 000	287 000
Total Assets	1 782 000	1 614 000	1 059 000	1 092 000
Total Equity	1 308 000	1 054 000	773 000	550 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 167 000	1 367 000	996 000	1 426 000
Expenditure	829 000	993 000	712 000	1 059 000
Operating Profit	338 000	374 000	284 000	367 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	13 000	13 000	0	0
Financial Balance	−12 000	−13 000	1 000	1 000
Earnings Before Tax	326 000	361 000	285 000	368 000
Tax	72 000	79 000	63 000	81 000
Net Income	254 000	281 000	222 000	287 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	255 000	301 000	65 000	53 000
Total Current Assets	1 527 000	1 312 000	994 000	1 039 000
Total Assets	1 782 000	1 614 000	1 059 000	1 092 000
Total Retained Equity	1 258 000	1 004 000	723 000	500 000
Total Equity	1 308 000	1 054 000	773 000	550 000
Total Long-Term Debt	224 000	279 000	4 000	0
Total Current Debt	249 000	281 000	283 000	542 000
Total Equity and Debt	1 782 000	1 614 000	1 059 000	1 092 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 174 000	1 360 000	1 050 000	1 368 000
Other Income	−7 000	7 000	−54 000	59 000
Revenue	1 167 000	1 367 000	996 000	1 426 000
Cost of Goods Sold	152 000	294 000	138 000	411 000
Salary Costs	404 000	421 000	364 000	469 000
Depreciation	47 000	41 000	1 000	0
Impairment	0	0	0	0
Expenditure	829 000	993 000	712 000	1 059 000
Operating Profit	338 000	374 000	284 000	367 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	13 000	13 000	0	0
Financial Balance	−12 000	−13 000	1 000	1 000
Dividends	0	0	0	0
Net Income	254 000	281 000	222 000	287 000

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	250 000	296 000	57 000	0
Total Tangible Assets	250 000	296 000	57 000	0
Total Fiancial Fixed Assets	5 000	5 000	7 000	53 000
Total Fixed Assets	255 000	301 000	65 000	53 000
Stock	184 000	123 000	61 000	56 000
Total Investments	0	0	0	0
Cash, Bank	1 279 000	1 038 000	821 000	753 000
Total Current Assets	1 527 000	1 312 000	994 000	1 039 000
Total Assets	1 782 000	1 614 000	1 059 000	1 092 000
Total Equity	1 308 000	1 054 000	773 000	550 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	224 000	279 000	4 000	0
Creditors	65 000	61 000	86 000	326 000
Unpaid Taxes	61 000	95 000	82 000	87 000
Dividends	0	0	0	0
Other Current Debt	53 000	53 000	55 000	48 000
Total Current Debt	249 000	281 000	283 000	542 000
Total Equity and Debt	1 782 000	1 614 000	1 059 000	1 092 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,42 %	26,66 %	28,72 %	52,18 %
Debt-to-Equity Ratio	0,17	0,26	0,01	0
Operating Profit Margin	28,96 %	27,36 %	28,51 %	25,74 %
Current Ratio	6,13	4,67	3,51	1,92
Quick Ratio	23,49	8,3	4,48	2,14
Equity Ratio	0,73	0,65	0,73	0,5
Gross Profit Margin	86,98 %	78,49 %	86,14 %	71,18 %