NOR ELEKTRO AUTOMASJON AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

63,49 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	63 725 000	50 348 000	35 192 000	36 712 000
Net Income	6 049 000	136 000	1 538 000	461 000
Total Assets	39 274 000	17 376 000	12 128 000	10 995 000
Total Equity	9 527 000	3 478 000	3 342 000	1 804 000

Income (NOK)	2022	2021	2020	2019
Revenue	63 725 000	50 348 000	35 192 000	36 712 000
Expenditure	55 573 000	49 843 000	32 947 000	35 805 000
Operating Profit	8 153 000	506 000	2 246 000	907 000
Financial Income	81 000	7 000	13 000	1 000
Financial Costs	418 000	308 000	263 000	292 000
Financial Balance	−337 000	−301 000	−250 000	−291 000
Earnings Before Tax	7 815 000	204 000	1 995 000	616 000
Tax	1 767 000	68 000	457 000	155 000
Net Income	6 049 000	136 000	1 538 000	461 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 870 000	1 290 000	593 000	717 000
Total Current Assets	37 403 000	16 086 000	11 535 000	10 278 000
Total Assets	39 274 000	17 376 000	12 128 000	10 995 000
Total Retained Equity	8 727 000	2 678 000	2 542 000	1 004 000
Total Equity	9 527 000	3 478 000	3 342 000	1 804 000
Total Long-Term Debt	4 170 000	237 000	169 000	110 000
Total Current Debt	25 576 000	13 660 000	8 616 000	9 081 000
Total Equity and Debt	39 274 000	17 376 000	12 128 000	10 995 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	63 725 000	50 348 000	34 692 000	36 712 000
Other Income	0	0	500 000	0
Revenue	63 725 000	50 348 000	35 192 000	36 712 000
Cost of Goods Sold	31 198 000	24 185 000	11 528 000	12 427 000
Salary Costs	17 199 000	18 424 000	14 858 000	16 527 000
Depreciation	481 000	317 000	281 000	245 000
Impairment	0	0	0	0
Expenditure	55 573 000	49 843 000	32 947 000	35 805 000
Operating Profit	8 153 000	506 000	2 246 000	907 000
Financial Income	81 000	7 000	13 000	1 000
Financial Costs	418 000	308 000	263 000	292 000
Financial Balance	−337 000	−301 000	−250 000	−291 000
Dividends	0	0	0	0
Net Income	6 049 000	136 000	1 538 000	461 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	869 000	44 000	103 000	162 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 002 000	1 245 000	490 000	555 000
Total Tangible Assets	1 002 000	1 245 000	490 000	555 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 870 000	1 290 000	593 000	717 000
Stock	539 000	2 399 000	1 222 000	175 000
Total Investments	0	0	0	0
Cash, Bank	552 000	638 000	454 000	575 000
Total Current Assets	37 403 000	16 086 000	11 535 000	10 278 000
Total Assets	39 274 000	17 376 000	12 128 000	10 995 000
Total Equity	9 527 000	3 478 000	3 342 000	1 804 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 170 000	237 000	169 000	110 000
Creditors	14 772 000	4 401 000	2 863 000	2 538 000
Unpaid Taxes	1 104 000	2 765 000	1 613 000	1 862 000
Dividends	0	0	0	0
Other Current Debt	5 254 000	3 207 000	3 043 000	2 861 000
Total Current Debt	25 576 000	13 660 000	8 616 000	9 081 000
Total Equity and Debt	39 274 000	17 376 000	12 128 000	10 995 000

Financial indicators	2022	2021	2020	2019
Return on Equity	63,49 %	3,91 %	46,02 %	25,55 %
Debt-to-Equity Ratio	0,44	0,07	0,05	0,06
Operating Profit Margin	12,79 %	1,01 %	6,38 %	2,47 %
Current Ratio	1,46	1,18	1,34	1,13
Quick Ratio	1,49	1,43	1,56	1,15
Equity Ratio	0,24	0,2	0,28	0,16
Gross Profit Margin	51,04 %	51,96 %	67,24 %	66,15 %