ELTEC ELEKTRO AS

7732 STEINKJER

Finances

Share Ownership

Return on Equity

38,03 %

Current Ratio

1,77

Debt-to-Equity Ratio

0,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 518 000	3 073 000	2 425 000	1 923 000
Net Income	359 000	187 000	192 000	83 000
Total Assets	2 442 000	1 652 000	1 480 000	647 000
Total Equity	944 000	585 000	398 000	206 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 518 000	3 073 000	2 425 000	1 923 000
Expenditure	3 034 000	2 808 000	2 172 000	1 812 000
Operating Profit	484 000	265 000	253 000	112 000
Financial Income	1 000	−1 000	1 000	1 000
Financial Costs	22 000	22 000	8 000	6 000
Financial Balance	−21 000	−23 000	−7 000	−5 000
Earnings Before Tax	464 000	242 000	247 000	107 000
Tax	104 000	55 000	54 000	24 000
Net Income	359 000	187 000	192 000	83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	557 000	631 000	715 000	65 000
Total Current Assets	1 885 000	1 021 000	766 000	582 000
Total Assets	2 442 000	1 652 000	1 480 000	647 000
Total Retained Equity	844 000	485 000	298 000	106 000
Total Equity	944 000	585 000	398 000	206 000
Total Long-Term Debt	434 000	524 000	637 000	77 000
Total Current Debt	1 063 000	543 000	445 000	364 000
Total Equity and Debt	2 442 000	1 652 000	1 480 000	647 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 518 000	3 073 000	2 425 000	1 923 000
Other Income	0	0	0	0
Revenue	3 518 000	3 073 000	2 425 000	1 923 000
Cost of Goods Sold	1 222 000	1 231 000	870 000	695 000
Salary Costs	1 314 000	1 081 000	929 000	797 000
Depreciation	97 000	119 000	30 000	30 000
Impairment	0	0	0	0
Expenditure	3 034 000	2 808 000	2 172 000	1 812 000
Operating Profit	484 000	265 000	253 000	112 000
Financial Income	1 000	−1 000	1 000	1 000
Financial Costs	22 000	22 000	8 000	6 000
Financial Balance	−21 000	−23 000	−7 000	−5 000
Dividends	0	0	0	0
Net Income	359 000	187 000	192 000	83 000

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	557 000	631 000	715 000	65 000
Total Tangible Assets	557 000	631 000	715 000	65 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	557 000	631 000	715 000	65 000
Stock	269 000	222 000	169 000	138 000
Total Investments	0	0	0	0
Cash, Bank	702 000	628 000	289 000	242 000
Total Current Assets	1 885 000	1 021 000	766 000	582 000
Total Assets	2 442 000	1 652 000	1 480 000	647 000
Total Equity	944 000	585 000	398 000	206 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	434 000	524 000	637 000	77 000
Creditors	463 000	199 000	268 000	132 000
Unpaid Taxes	362 000	182 000	66 000	122 000
Dividends	0	0	0	0
Other Current Debt	134 000	110 000	90 000	85 000
Total Current Debt	1 063 000	543 000	445 000	364 000
Total Equity and Debt	2 442 000	1 652 000	1 480 000	647 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,03 %	31,97 %	48,24 %	40,29 %
Debt-to-Equity Ratio	0,46	0,9	1,6	0,37
Operating Profit Margin	13,76 %	8,62 %	10,43 %	5,82 %
Current Ratio	1,77	1,88	1,72	1,6
Quick Ratio	2,37	3,18	2,78	2,58
Equity Ratio	0,39	0,35	0,27	0,32
Gross Profit Margin	65,26 %	59,94 %	64,12 %	63,86 %