FEL ELEKTRO AS

0581 OSLO

Finances

Share Ownership

Return on Equity

113,39 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	8 965 000	6 597 000	5 678 000	5 493 000
Net Income	830 000	231 000	555 000	861 000
Total Assets	3 182 000	2 330 000	2 355 000	1 998 000
Total Equity	732 000	642 000	561 000	506 000

Income (NOK)	2021	2020	2019	2018
Revenue	8 965 000	6 597 000	5 678 000	5 493 000
Expenditure	7 870 000	6 295 000	4 950 000	4 366 000
Operating Profit	1 095 000	301 000	728 000	1 128 000
Financial Income	2 000	1 000	1 000	0
Financial Costs	5 000	5 000	13 000	3 000
Financial Balance	−3 000	−4 000	−12 000	−3 000
Earnings Before Tax	1 092 000	297 000	716 000	1 125 000
Tax	263 000	66 000	160 000	264 000
Net Income	830 000	231 000	555 000	861 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	26 000	45 000	66 000	70 000
Total Current Assets	3 157 000	2 285 000	2 289 000	1 929 000
Total Assets	3 182 000	2 330 000	2 355 000	1 998 000
Total Retained Equity	582 000	498 000	416 000	361 000
Total Equity	732 000	642 000	561 000	506 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 451 000	1 688 000	1 794 000	1 493 000
Total Equity and Debt	3 182 000	2 330 000	2 355 000	1 998 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	8 965 000	6 596 000	5 678 000	5 493 000
Other Income	0	0	0	0
Revenue	8 965 000	6 597 000	5 678 000	5 493 000
Cost of Goods Sold	4 330 000	2 794 000	2 074 000	1 909 000
Salary Costs	2 805 000	2 788 000	2 163 000	1 758 000
Depreciation	11 000	38 000	35 000	30 000
Impairment	0	0	0	0
Expenditure	7 870 000	6 295 000	4 950 000	4 366 000
Operating Profit	1 095 000	301 000	728 000	1 128 000
Financial Income	2 000	1 000	1 000	0
Financial Costs	5 000	5 000	13 000	3 000
Financial Balance	−3 000	−4 000	−12 000	−3 000
Dividends	600 000	150 000	500 000	500 000
Net Income	830 000	231 000	555 000	861 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	11 000	6 000	2 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	24 000	50 000	68 000
Total Tangible Assets	16 000	24 000	50 000	68 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	0
Total Fixed Assets	26 000	45 000	66 000	70 000
Stock	153 000	1 490 000	131 000	171 000
Total Investments	0	0	0	0
Cash, Bank	1 567 000	777 000	893 000	1 039 000
Total Current Assets	3 157 000	2 285 000	2 289 000	1 929 000
Total Assets	3 182 000	2 330 000	2 355 000	1 998 000
Total Equity	732 000	642 000	561 000	506 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	560 000	344 000	216 000	106 000
Unpaid Taxes	474 000	422 000	443 000	323 000
Dividends	600 000	150 000	500 000	500 000
Other Current Debt	565 000	701 000	471 000	306 000
Total Current Debt	2 451 000	1 688 000	1 794 000	1 493 000
Total Equity and Debt	3 182 000	2 330 000	2 355 000	1 998 000

Financial indicators	2021	2020	2019	2018
Return on Equity	113,39 %	35,98 %	98,93 %	170,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,21 %	4,56 %	12,82 %	20,54 %
Current Ratio	1,29	1,35	1,28	1,29
Quick Ratio	1,37	11,54	1,38	1,46
Equity Ratio	0,23	0,28	0,24	0,25
Gross Profit Margin	51,7 %	57,65 %	63,47 %	65,25 %