ELTRODE AS

3531 KROKKLEIVA

Finances

Return on Equity

6,38 %

Current Ratio

3,07

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	51 711 000	35 449 000	18 137 000	16 219 000
Net Income	1 010 000	1 958 000	184 000	1 097 000
Total Assets	36 243 000	36 404 000	13 904 000	13 230 000
Total Equity	15 822 000	14 812 000	1 605 000	671 000

Income (NOK)	2022	2021	2020	2019
Revenue	51 711 000	35 449 000	18 137 000	16 219 000
Expenditure	49 927 000	32 347 000	17 371 000	14 771 000
Operating Profit	1 785 000	3 102 000	766 000	1 447 000
Financial Income	510 000	56 000	0	22 000
Financial Costs	988 000	648 000	526 000	225 000
Financial Balance	−478 000	−592 000	−526 000	−203 000
Earnings Before Tax	1 307 000	2 510 000	240 000	1 244 000
Tax	297 000	552 000	56 000	147 000
Net Income	1 010 000	1 958 000	184 000	1 097 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 244 000	14 732 000	3 624 000	3 960 000
Total Current Assets	21 999 000	21 672 000	10 280 000	9 271 000
Total Assets	36 243 000	36 404 000	13 904 000	13 230 000
Total Retained Equity	3 672 000	2 662 000	705 000	521 000
Total Equity	15 822 000	14 812 000	1 605 000	671 000
Total Long-Term Debt	13 267 000	11 893 000	10 137 000	9 497 000
Total Current Debt	7 155 000	9 699 000	2 162 000	3 062 000
Total Equity and Debt	36 243 000	36 404 000	13 904 000	13 230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	51 600 000	35 449 000	18 021 000	16 219 000
Other Income	111 000	0	116 000	0
Revenue	51 711 000	35 449 000	18 137 000	16 219 000
Cost of Goods Sold	37 218 000	21 334 000	10 121 000	11 266 000
Salary Costs	8 840 000	7 384 000	4 624 000	1 963 000
Depreciation	387 000	350 000	336 000	48 000
Impairment	0	0	0	0
Expenditure	49 927 000	32 347 000	17 371 000	14 771 000
Operating Profit	1 785 000	3 102 000	766 000	1 447 000
Financial Income	510 000	56 000	0	22 000
Financial Costs	988 000	648 000	526 000	225 000
Financial Balance	−478 000	−592 000	−526 000	−203 000
Dividends	0	0	0	0
Net Income	1 010 000	1 958 000	184 000	1 097 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	215 000	246 000	277 000	308 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	174 000	266 000	225 000	266 000
Fixtures	2 605 000	2 869 000	3 122 000	3 386 000
Total Tangible Assets	2 779 000	3 135 000	3 347 000	3 652 000
Total Fiancial Fixed Assets	11 250 000	11 351 000	0	0
Total Fixed Assets	14 244 000	14 732 000	3 624 000	3 960 000
Stock	7 012 000	7 184 000	8 616 000	7 952 000
Total Investments	0	0	0	0
Cash, Bank	3 530 000	441 000	174 000	79 000
Total Current Assets	21 999 000	21 672 000	10 280 000	9 271 000
Total Assets	36 243 000	36 404 000	13 904 000	13 230 000
Total Equity	15 822 000	14 812 000	1 605 000	671 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 267 000	11 893 000	10 137 000	9 497 000
Creditors	622 000	3 822 000	152 000	374 000
Unpaid Taxes	5 352 000	3 529 000	954 000	386 000
Dividends	0	0	0	0
Other Current Debt	831 000	677 000	455 000	175 000
Total Current Debt	7 155 000	9 699 000	2 162 000	3 062 000
Total Equity and Debt	36 243 000	36 404 000	13 904 000	13 230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,38 %	13,22 %	11,46 %	163,49 %
Debt-to-Equity Ratio	0,84	0,8	6,32	14,15
Operating Profit Margin	3,45 %	8,75 %	4,22 %	8,92 %
Current Ratio	3,07	2,23	4,75	3,03
Quick Ratio	153,84	8,62	−1,59	−1,9
Equity Ratio	0,44	0,41	0,12	0,05
Gross Profit Margin	28,03 %	39,82 %	44,2 %	30,54 %