ET ELEKTRO AS

2930 BAGN

Finances

Share Ownership

Return on Equity

14,28 %

Current Ratio

2,64

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 306 000	7 230 000	6 480 000	6 000 000
Net Income	754 000	1 159 000	1 099 000	1 298 000
Total Assets	7 538 000	6 330 000	5 457 000	4 827 000
Total Equity	5 281 000	4 527 000	3 768 000	2 969 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 306 000	7 230 000	6 480 000	6 000 000
Expenditure	6 344 000	5 749 000	5 069 000	4 334 000
Operating Profit	963 000	1 480 000	1 411 000	1 666 000
Financial Income	5 000	9 000	3 000	2 000
Financial Costs	0	3 000	2 000	2 000
Financial Balance	5 000	6 000	1 000	0
Earnings Before Tax	968 000	1 487 000	1 412 000	1 666 000
Tax	213 000	328 000	313 000	368 000
Net Income	754 000	1 159 000	1 099 000	1 298 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 658 000	1 682 000	1 444 000	776 000
Total Current Assets	5 880 000	4 648 000	4 013 000	4 051 000
Total Assets	7 538 000	6 330 000	5 457 000	4 827 000
Total Retained Equity	5 251 000	4 497 000	3 738 000	2 939 000
Total Equity	5 281 000	4 527 000	3 768 000	2 969 000
Total Long-Term Debt	31 000	38 000	37 000	43 000
Total Current Debt	2 226 000	1 764 000	1 653 000	1 816 000
Total Equity and Debt	7 538 000	6 330 000	5 457 000	4 827 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 193 000	7 215 000	6 480 000	5 878 000
Other Income	114 000	15 000	0	122 000
Revenue	7 306 000	7 230 000	6 480 000	6 000 000
Cost of Goods Sold	2 651 000	2 774 000	2 445 000	1 836 000
Salary Costs	2 743 000	1 966 000	1 873 000	1 826 000
Depreciation	294 000	196 000	165 000	163 000
Impairment	0	0	0	0
Expenditure	6 344 000	5 749 000	5 069 000	4 334 000
Operating Profit	963 000	1 480 000	1 411 000	1 666 000
Financial Income	5 000	9 000	3 000	2 000
Financial Costs	0	3 000	2 000	2 000
Financial Balance	5 000	6 000	1 000	0
Dividends	0	0	300 000	400 000
Net Income	754 000	1 159 000	1 099 000	1 298 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 038 000	857 000	872 000	98 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	620 000	825 000	556 000	644 000
Total Tangible Assets	1 658 000	1 682 000	1 428 000	742 000
Total Fiancial Fixed Assets	0	0	17 000	33 000
Total Fixed Assets	1 658 000	1 682 000	1 444 000	776 000
Stock	926 000	812 000	465 000	325 000
Total Investments	0	0	0	0
Cash, Bank	3 405 000	2 382 000	2 045 000	2 222 000
Total Current Assets	5 880 000	4 648 000	4 013 000	4 051 000
Total Assets	7 538 000	6 330 000	5 457 000	4 827 000
Total Equity	5 281 000	4 527 000	3 768 000	2 969 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 000	38 000	37 000	43 000
Creditors	712 000	654 000	236 000	299 000
Unpaid Taxes	981 000	555 000	571 000	491 000
Dividends	0	0	300 000	400 000
Other Current Debt	312 000	229 000	226 000	272 000
Total Current Debt	2 226 000	1 764 000	1 653 000	1 816 000
Total Equity and Debt	7 538 000	6 330 000	5 457 000	4 827 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,28 %	25,6 %	29,17 %	43,72 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,01
Operating Profit Margin	13,18 %	20,47 %	21,77 %	27,77 %
Current Ratio	2,64	2,63	2,43	2,23
Quick Ratio	4,52	4,88	3,38	2,72
Equity Ratio	0,7	0,72	0,69	0,62
Gross Profit Margin	63,71 %	61,63 %	62,27 %	69,4 %