DOWNSTREAM ELEKTRO AS

5282 LONEVÅG

Finances

Share Ownership

Return on Equity

34,72 %

Current Ratio

1,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 338 000	10 374 000	8 828 000	9 701 000
Net Income	1 092 000	208 000	703 000	834 000
Total Assets	6 392 000	4 109 000	5 629 000	4 026 000
Total Equity	3 145 000	2 203 000	2 295 000	1 893 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 338 000	10 374 000	8 828 000	9 701 000
Expenditure	10 950 000	10 078 000	7 927 000	8 629 000
Operating Profit	1 387 000	297 000	901 000	1 071 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	1 000	0	2 000
Financial Balance	0	−1 000	0	−2 000
Earnings Before Tax	1 387 000	296 000	901 000	1 069 000
Tax	296 000	88 000	198 000	235 000
Net Income	1 092 000	208 000	703 000	834 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	304 000	0	0	0
Total Current Assets	6 088 000	4 109 000	5 629 000	4 026 000
Total Assets	6 392 000	4 109 000	5 629 000	4 026 000
Total Retained Equity	2 845 000	1 903 000	1 995 000	1 593 000
Total Equity	3 145 000	2 203 000	2 295 000	1 893 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 246 000	1 906 000	3 333 000	2 133 000
Total Equity and Debt	6 392 000	4 109 000	5 629 000	4 026 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 338 000	10 374 000	8 828 000	9 701 000
Other Income	0	0	0	0
Revenue	12 338 000	10 374 000	8 828 000	9 701 000
Cost of Goods Sold	5 888 000	6 706 000	4 925 000	5 241 000
Salary Costs	4 098 000	2 556 000	2 292 000	2 430 000
Depreciation	37 000	0	0	0
Impairment	0	0	0	0
Expenditure	10 950 000	10 078 000	7 927 000	8 629 000
Operating Profit	1 387 000	297 000	901 000	1 071 000
Financial Income	1 000	0	0	0
Financial Costs	1 000	1 000	0	2 000
Financial Balance	0	−1 000	0	−2 000
Dividends	450 000	300 000	300 000	300 000
Net Income	1 092 000	208 000	703 000	834 000

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	304 000	0	0	0
Total Tangible Assets	304 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	304 000	0	0	0
Stock	2 100 000	1 820 000	1 920 000	2 400 000
Total Investments	0	0	0	0
Cash, Bank	944 000	779 000	937 000	366 000
Total Current Assets	6 088 000	4 109 000	5 629 000	4 026 000
Total Assets	6 392 000	4 109 000	5 629 000	4 026 000
Total Equity	3 145 000	2 203 000	2 295 000	1 893 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	428 000	292 000	1 354 000	169 000
Unpaid Taxes	1 595 000	665 000	1 125 000	979 000
Dividends	450 000	300 000	300 000	300 000
Other Current Debt	478 000	561 000	357 000	450 000
Total Current Debt	3 246 000	1 906 000	3 333 000	2 133 000
Total Equity and Debt	6 392 000	4 109 000	5 629 000	4 026 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,72 %	9,44 %	30,63 %	44,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,24 %	2,86 %	10,21 %	11,04 %
Current Ratio	1,88	2,16	1,69	1,89
Quick Ratio	5,31	47,78	3,98	−15,08
Equity Ratio	0,49	0,54	0,41	0,47
Gross Profit Margin	52,28 %	35,36 %	44,21 %	45,97 %