ELEKTROINNOVASJON AS

0192 OSLO

Finances

Share Ownership

Return on Equity

214,07 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 398 000	6 911 000	5 806 000	3 201 000
Net Income	1 537 000	1 255 000	1 283 000	757 000
Total Assets	3 870 000	2 740 000	3 356 000	1 907 000
Total Equity	718 000	580 000	1 058 000	525 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 398 000	6 911 000	5 806 000	3 201 000
Expenditure	5 398 000	5 283 000	4 153 000	2 225 000
Operating Profit	2 001 000	1 629 000	1 654 000	975 000
Financial Income	5 000	2 000	0	1 000
Financial Costs	12 000	9 000	7 000	1 000
Financial Balance	−7 000	−7 000	−7 000	0
Earnings Before Tax	1 994 000	1 621 000	1 648 000	975 000
Tax	457 000	366 000	365 000	218 000
Net Income	1 537 000	1 255 000	1 283 000	757 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	141 000	202 000	239 000	0
Total Current Assets	3 728 000	2 538 000	3 117 000	1 907 000
Total Assets	3 870 000	2 740 000	3 356 000	1 907 000
Total Retained Equity	688 000	550 000	1 023 000	489 000
Total Equity	718 000	580 000	1 058 000	525 000
Total Long-Term Debt	150 000	208 000	265 000	1 000
Total Current Debt	3 002 000	1 952 000	2 032 000	1 381 000
Total Equity and Debt	3 870 000	2 740 000	3 356 000	1 907 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 398 000	6 902 000	5 806 000	3 201 000
Other Income	0	9 000	0	0
Revenue	7 398 000	6 911 000	5 806 000	3 201 000
Cost of Goods Sold	2 344 000	2 283 000	1 822 000	952 000
Salary Costs	1 883 000	2 032 000	1 523 000	730 000
Depreciation	61 000	36 000	60 000	0
Impairment	0	0	0	0
Expenditure	5 398 000	5 283 000	4 153 000	2 225 000
Operating Profit	2 001 000	1 629 000	1 654 000	975 000
Financial Income	5 000	2 000	0	1 000
Financial Costs	12 000	9 000	7 000	1 000
Financial Balance	−7 000	−7 000	−7 000	0
Dividends	1 400 000	1 733 000	750 000	750 000
Net Income	1 537 000	1 255 000	1 283 000	757 000

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	141 000	202 000	239 000	0
Total Tangible Assets	141 000	202 000	239 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	141 000	202 000	239 000	0
Stock	215 000	127 000	75 000	44 000
Total Investments	0	0	0	0
Cash, Bank	1 853 000	1 128 000	2 226 000	1 512 000
Total Current Assets	3 728 000	2 538 000	3 117 000	1 907 000
Total Assets	3 870 000	2 740 000	3 356 000	1 907 000
Total Equity	718 000	580 000	1 058 000	525 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	150 000	208 000	265 000	1 000
Creditors	536 000	560 000	397 000	242 000
Unpaid Taxes	516 000	415 000	401 000	113 000
Dividends	1 400 000	1 733 000	750 000	750 000
Other Current Debt	92 000	210 000	122 000	56 000
Total Current Debt	3 002 000	1 952 000	2 032 000	1 381 000
Total Equity and Debt	3 870 000	2 740 000	3 356 000	1 907 000

Financial indicators	2022	2021	2020	2019
Return on Equity	214,07 %	216,38 %	121,27 %	144,19 %
Debt-to-Equity Ratio	0,21	0,36	0,25	0
Operating Profit Margin	27,05 %	23,57 %	28,49 %	30,46 %
Current Ratio	1,24	1,3	1,53	1,38
Quick Ratio	1,34	1,39	1,59	1,43
Equity Ratio	0,19	0,21	0,32	0,28
Gross Profit Margin	68,32 %	66,97 %	68,62 %	70,26 %