EMIL OLSEN ELEKTRO AS

9395 KALDFARNES

Finances

Share Ownership

Return on Equity

−20,09 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 816 000	8 784 000	8 024 000	6 375 000
Net Income	−517 000	590 000	410 000	458 000
Total Assets	4 614 000	5 440 000	4 789 000	4 437 000
Total Equity	2 574 000	3 092 000	2 502 000	2 092 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 816 000	8 784 000	8 024 000	6 375 000
Expenditure	7 502 000	8 036 000	7 509 000	5 799 000
Operating Profit	−687 000	748 000	515 000	577 000
Financial Income	26 000	8 000	10 000	10 000
Financial Costs	2 000	0	−1 000	0
Financial Balance	24 000	8 000	11 000	10 000
Earnings Before Tax	−662 000	756 000	525 000	587 000
Tax	−145 000	166 000	115 000	129 000
Net Income	−517 000	590 000	410 000	458 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 886 000	1 863 000	507 000	506 000
Total Current Assets	2 728 000	3 577 000	4 282 000	3 931 000
Total Assets	4 614 000	5 440 000	4 789 000	4 437 000
Total Retained Equity	2 374 000	2 892 000	2 302 000	1 892 000
Total Equity	2 574 000	3 092 000	2 502 000	2 092 000
Total Long-Term Debt	0	0	0	14 000
Total Current Debt	2 040 000	2 349 000	2 287 000	2 331 000
Total Equity and Debt	4 614 000	5 440 000	4 789 000	4 437 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 816 000	8 784 000	8 024 000	6 375 000
Other Income	0	0	0	0
Revenue	6 816 000	8 784 000	8 024 000	6 375 000
Cost of Goods Sold	3 119 000	3 841 000	3 204 000	2 220 000
Salary Costs	2 834 000	3 077 000	3 170 000	2 549 000
Depreciation	118 000	140 000	133 000	54 000
Impairment	0	0	0	0
Expenditure	7 502 000	8 036 000	7 509 000	5 799 000
Operating Profit	−687 000	748 000	515 000	577 000
Financial Income	26 000	8 000	10 000	10 000
Financial Costs	2 000	0	−1 000	0
Financial Balance	24 000	8 000	11 000	10 000
Dividends	0	0	0	0
Net Income	−517 000	590 000	410 000	458 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	172 000	27 000	4 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	235 000	310 000	417 000	489 000
Total Tangible Assets	235 000	310 000	417 000	489 000
Total Fiancial Fixed Assets	1 479 000	1 526 000	86 000	17 000
Total Fixed Assets	1 886 000	1 863 000	507 000	506 000
Stock	275 000	153 000	119 000	144 000
Total Investments	0	0	2 000	2 000
Cash, Bank	52 000	863 000	714 000	1 326 000
Total Current Assets	2 728 000	3 577 000	4 282 000	3 931 000
Total Assets	4 614 000	5 440 000	4 789 000	4 437 000
Total Equity	2 574 000	3 092 000	2 502 000	2 092 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	14 000
Creditors	14 000	59 000	230 000	268 000
Unpaid Taxes	469 000	700 000	352 000	559 000
Dividends	0	0	0	0
Other Current Debt	1 711 000	1 400 000	1 572 000	1 384 000
Total Current Debt	2 040 000	2 349 000	2 287 000	2 331 000
Total Equity and Debt	4 614 000	5 440 000	4 789 000	4 437 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−20,09 %	19,08 %	16,39 %	21,89 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−10,08 %	8,52 %	6,42 %	9,05 %
Current Ratio	1,34	1,52	1,87	1,69
Quick Ratio	1,55	1,63	1,98	1,8
Equity Ratio	0,56	0,57	0,52	0,47
Gross Profit Margin	54,24 %	56,27 %	60,07 %	65,18 %