OSLO ELEKTRO TECH AS

1358 JAR

Finances

Share Ownership

Return on Equity

2,82 %

Current Ratio

2,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 907 000	3 514 000	3 405 000	3 748 000
Net Income	37 000	−314 000	304 000	839 000
Total Assets	1 882 000	1 908 000	2 257 000	2 687 000
Total Equity	1 312 000	1 275 000	1 588 000	1 884 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 907 000	3 514 000	3 405 000	3 748 000
Expenditure	3 814 000	3 926 000	3 011 000	2 673 000
Operating Profit	94 000	−412 000	395 000	1 076 000
Financial Income	4 000	89 000	0	1 000
Financial Costs	61 000	2 000	5 000	0
Financial Balance	−57 000	87 000	−5 000	1 000
Earnings Before Tax	37 000	−326 000	390 000	1 076 000
Tax	0	−12 000	86 000	238 000
Net Income	37 000	−314 000	304 000	839 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	737 000	286 000	414 000	541 000
Total Current Assets	1 145 000	1 622 000	1 843 000	2 146 000
Total Assets	1 882 000	1 908 000	2 257 000	2 687 000
Total Retained Equity	1 282 000	1 245 000	1 558 000	1 854 000
Total Equity	1 312 000	1 275 000	1 588 000	1 884 000
Total Long-Term Debt	0	127 000	12 000	19 000
Total Current Debt	570 000	507 000	657 000	784 000
Total Equity and Debt	1 882 000	1 908 000	2 257 000	2 687 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 907 000	3 514 000	3 386 000	3 742 000
Other Income	0	0	18 000	7 000
Revenue	3 907 000	3 514 000	3 405 000	3 748 000
Cost of Goods Sold	1 175 000	1 286 000	1 244 000	925 000
Salary Costs	2 190 000	2 114 000	1 233 000	1 403 000
Depreciation	136 000	128 000	128 000	82 000
Impairment	0	0	0	0
Expenditure	3 814 000	3 926 000	3 011 000	2 673 000
Operating Profit	94 000	−412 000	395 000	1 076 000
Financial Income	4 000	89 000	0	1 000
Financial Costs	61 000	2 000	5 000	0
Financial Balance	−57 000	87 000	−5 000	1 000
Dividends	0	0	600 000	0
Net Income	37 000	−314 000	304 000	839 000

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	116 000	0	0	0
Fixtures	621 000	286 000	414 000	541 000
Total Tangible Assets	737 000	286 000	414 000	541 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	737 000	286 000	414 000	541 000
Stock	0	0	0	0
Total Investments	0	0	800 000	0
Cash, Bank	628 000	1 275 000	584 000	2 035 000
Total Current Assets	1 145 000	1 622 000	1 843 000	2 146 000
Total Assets	1 882 000	1 908 000	2 257 000	2 687 000
Total Equity	1 312 000	1 275 000	1 588 000	1 884 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	127 000	12 000	19 000
Creditors	81 000	42 000	122 000	24 000
Unpaid Taxes	260 000	278 000	259 000	267 000
Dividends	0	0	600 000	0
Other Current Debt	228 000	187 000	183 000	261 000
Total Current Debt	570 000	507 000	657 000	784 000
Total Equity and Debt	1 882 000	1 908 000	2 257 000	2 687 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,82 %	−24,63 %	19,14 %	44,53 %
Debt-to-Equity Ratio	0	0,1	0,01	0,01
Operating Profit Margin	2,41 %	−11,72 %	11,6 %	28,71 %
Current Ratio	2,01	3,2	2,81	2,74
Quick Ratio	2,01	3,2	2,81	2,74
Equity Ratio	0,7	0,67	0,7	0,7
Gross Profit Margin	69,93 %	63,4 %	63,47 %	75,32 %