MANDAL ELEKTRO AS

4515 MANDAL

Finances

Return on Equity

27,45 %

Current Ratio

2,02

Debt-to-Equity Ratio

1,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 281 000	3 972 000	2 812 000	1 728 000
Net Income	484 000	531 000	436 000	225 000
Total Assets	4 649 000	2 262 000	1 628 000	927 000
Total Equity	1 763 000	1 279 000	748 000	311 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 281 000	3 972 000	2 812 000	1 728 000
Expenditure	2 632 000	3 291 000	2 253 000	1 481 000
Operating Profit	650 000	681 000	559 000	246 000
Financial Income	0	0	0	0
Financial Costs	29 000	0	0	0
Financial Balance	−29 000	0	0	0
Earnings Before Tax	621 000	681 000	559 000	246 000
Tax	137 000	150 000	123 000	21 000
Net Income	484 000	531 000	436 000	225 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 558 000	0	0	0
Total Current Assets	2 091 000	2 262 000	1 628 000	927 000
Total Assets	4 649 000	2 262 000	1 628 000	927 000
Total Retained Equity	1 663 000	1 179 000	648 000	211 000
Total Equity	1 763 000	1 279 000	748 000	311 000
Total Long-Term Debt	1 849 000	0	0	0
Total Current Debt	1 037 000	983 000	881 000	616 000
Total Equity and Debt	4 649 000	2 262 000	1 628 000	927 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 281 000	3 972 000	2 864 000	1 676 000
Other Income	0	0	−52 000	52 000
Revenue	3 281 000	3 972 000	2 812 000	1 728 000
Cost of Goods Sold	1 484 000	2 166 000	1 372 000	778 000
Salary Costs	843 000	925 000	722 000	572 000
Depreciation	56 000	0	0	0
Impairment	0	0	0	0
Expenditure	2 632 000	3 291 000	2 253 000	1 481 000
Operating Profit	650 000	681 000	559 000	246 000
Financial Income	0	0	0	0
Financial Costs	29 000	0	0	0
Financial Balance	−29 000	0	0	0
Dividends	0	0	0	0
Net Income	484 000	531 000	436 000	225 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 396 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	162 000	0	0	0
Total Tangible Assets	2 558 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 558 000	0	0	0
Stock	242 000	213 000	141 000	104 000
Total Investments	0	0	0	0
Cash, Bank	1 056 000	1 604 000	1 140 000	649 000
Total Current Assets	2 091 000	2 262 000	1 628 000	927 000
Total Assets	4 649 000	2 262 000	1 628 000	927 000
Total Equity	1 763 000	1 279 000	748 000	311 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 849 000	0	0	0
Creditors	381 000	306 000	370 000	211 000
Unpaid Taxes	181 000	178 000	159 000	245 000
Dividends	0	0	0	0
Other Current Debt	358 000	349 000	228 000	138 000
Total Current Debt	1 037 000	983 000	881 000	616 000
Total Equity and Debt	4 649 000	2 262 000	1 628 000	927 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,45 %	41,52 %	58,29 %	72,35 %
Debt-to-Equity Ratio	1,05	0	0	0
Operating Profit Margin	19,81 %	17,15 %	19,88 %	14,24 %
Current Ratio	2,02	2,3	1,85	1,5
Quick Ratio	2,63	2,94	2,2	1,81
Equity Ratio	0,38	0,57	0,46	0,34
Gross Profit Margin	54,77 %	45,47 %	51,21 %	54,98 %