EL TECHNIC SP. Z O.O.

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

−10,87 %

Current Ratio

2,57

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	10 941 000	17 225 000	64 261 000	51 497 000
Net Income	−419 000	−2 204 000	1 880 000	672 000
Total Assets	6 313 000	3 970 000	13 499 000	12 018 000
Total Equity	3 853 000	2 633 000	2 551 000	671 000

Income (NOK)	2021	2020	2019	2018
Revenue	10 941 000	17 225 000	64 261 000	51 497 000
Expenditure	11 562 000	19 976 000	61 229 000	50 679 000
Operating Profit	−621 000	−2 750 000	3 033 000	818 000
Financial Income	444 000	842 000	673 000	1 050 000
Financial Costs	242 000	933 000	1 242 000	986 000
Financial Balance	202 000	−91 000	−569 000	64 000
Earnings Before Tax	−419 000	−2 841 000	2 463 000	882 000
Tax	0	−637 000	583 000	210 000
Net Income	−419 000	−2 204 000	1 880 000	672 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	153 000
Total Current Assets	6 313 000	3 970 000	13 499 000	11 864 000
Total Assets	6 313 000	3 970 000	13 499 000	12 018 000
Total Retained Equity	3 853 000	2 633 000	2 551 000	671 000
Total Equity	3 853 000	2 633 000	2 551 000	671 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 460 000	1 338 000	10 948 000	11 347 000
Total Equity and Debt	6 313 000	3 970 000	13 499 000	12 018 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	10 941 000	17 088 000	64 143 000	51 497 000
Other Income	0	138 000	118 000	0
Revenue	10 941 000	17 225 000	64 261 000	51 497 000
Cost of Goods Sold	65 000	0	0	0
Salary Costs	10 340 000	16 951 000	55 356 000	48 138 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 562 000	19 976 000	61 229 000	50 679 000
Operating Profit	−621 000	−2 750 000	3 033 000	818 000
Financial Income	444 000	842 000	673 000	1 050 000
Financial Costs	242 000	933 000	1 242 000	986 000
Financial Balance	202 000	−91 000	−569 000	64 000
Dividends	0	0	0	0
Net Income	−419 000	−2 204 000	1 880 000	672 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	153 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	153 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 612 000	2 958 000	4 640 000	606 000
Total Current Assets	6 313 000	3 970 000	13 499 000	11 864 000
Total Assets	6 313 000	3 970 000	13 499 000	12 018 000
Total Equity	3 853 000	2 633 000	2 551 000	671 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	0	0	2 000
Unpaid Taxes	1 218 000	204 000	3 775 000	3 873 000
Dividends	0	0	0	0
Other Current Debt	1 234 000	1 134 000	6 744 000	7 108 000
Total Current Debt	2 460 000	1 338 000	10 948 000	11 347 000
Total Equity and Debt	6 313 000	3 970 000	13 499 000	12 018 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−10,87 %	−83,71 %	73,7 %	100,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,68 %	−15,97 %	4,72 %	1,59 %
Current Ratio	2,57	2,97	1,23	1,05
Quick Ratio	2,57	2,97	1,23	1,05
Equity Ratio	0,61	0,66	0,19	0,06
Gross Profit Margin	99,41 %	100 %	100 %	100 %