RELATEK ELEKTRO AS

4016 STAVANGER

Finances

Return on Equity

7,18 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 554 000	17 818 000	12 189 000	12 299 000
Net Income	156 000	−97 000	536 000	495 000
Total Assets	5 864 000	4 993 000	4 600 000	4 356 000
Total Equity	2 174 000	2 018 000	2 115 000	1 591 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 554 000	17 818 000	12 189 000	12 299 000
Expenditure	20 320 000	17 945 000	11 498 000	11 672 000
Operating Profit	234 000	−126 000	692 000	627 000
Financial Income	0	0	1 000	8 000
Financial Costs	33 000	−1 000	2 000	1 000
Financial Balance	−33 000	1 000	−1 000	7 000
Earnings Before Tax	201 000	−125 000	691 000	634 000
Tax	44 000	−27 000	155 000	140 000
Net Income	156 000	−97 000	536 000	495 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	264 000	386 000	348 000	176 000
Total Current Assets	5 600 000	4 607 000	4 252 000	4 180 000
Total Assets	5 864 000	4 993 000	4 600 000	4 356 000
Total Retained Equity	2 062 000	1 906 000	2 003 000	1 479 000
Total Equity	2 174 000	2 018 000	2 115 000	1 591 000
Total Long-Term Debt	0	0	5 000	3 000
Total Current Debt	3 690 000	2 975 000	2 480 000	2 762 000
Total Equity and Debt	5 864 000	4 993 000	4 600 000	4 356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 554 000	17 818 000	12 189 000	12 299 000
Other Income	0	0	0	0
Revenue	20 554 000	17 818 000	12 189 000	12 299 000
Cost of Goods Sold	8 229 000	6 853 000	3 886 000	3 921 000
Salary Costs	9 033 000	8 948 000	5 951 000	6 061 000
Depreciation	159 000	148 000	78 000	35 000
Impairment	0	0	0	0
Expenditure	20 320 000	17 945 000	11 498 000	11 672 000
Operating Profit	234 000	−126 000	692 000	627 000
Financial Income	0	0	1 000	8 000
Financial Costs	33 000	−1 000	2 000	1 000
Financial Balance	−33 000	1 000	−1 000	7 000
Dividends	0	0	0	0
Net Income	156 000	−97 000	536 000	495 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	23 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	224 000	363 000	348 000	176 000
Total Tangible Assets	224 000	363 000	348 000	176 000
Total Fiancial Fixed Assets	10 000	0	0	0
Total Fixed Assets	264 000	386 000	348 000	176 000
Stock	836 000	789 000	550 000	343 000
Total Investments	0	0	0	0
Cash, Bank	400 000	855 000	1 143 000	1 850 000
Total Current Assets	5 600 000	4 607 000	4 252 000	4 180 000
Total Assets	5 864 000	4 993 000	4 600 000	4 356 000
Total Equity	2 174 000	2 018 000	2 115 000	1 591 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	5 000	3 000
Creditors	1 565 000	905 000	761 000	1 062 000
Unpaid Taxes	1 185 000	1 142 000	947 000	819 000
Dividends	0	0	0	0
Other Current Debt	888 000	928 000	622 000	745 000
Total Current Debt	3 690 000	2 975 000	2 480 000	2 762 000
Total Equity and Debt	5 864 000	4 993 000	4 600 000	4 356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,18 %	−4,81 %	25,34 %	31,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,14 %	−0,71 %	5,68 %	5,1 %
Current Ratio	1,52	1,55	1,71	1,51
Quick Ratio	1,96	2,11	2,2	1,73
Equity Ratio	0,37	0,4	0,46	0,37
Gross Profit Margin	59,96 %	61,54 %	68,12 %	68,12 %