ELVERUM ELEKTRO AS

2409 ELVERUM

Finances

Share Ownership

Return on Equity

−30,12 %

Current Ratio

1,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 132 000	7 625 000	11 826 000	11 696 000
Net Income	−755 000	188 000	1 525 000	2 041 000
Total Assets	4 988 000	6 123 000	6 614 000	5 466 000
Total Equity	2 507 000	3 262 000	4 074 000	2 549 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 132 000	7 625 000	11 826 000	11 696 000
Expenditure	11 690 000	7 430 000	9 670 000	9 090 000
Operating Profit	−557 000	195 000	2 156 000	2 606 000
Financial Income	2 000	0	1 000	17 000
Financial Costs	14 000	6 000	5 000	5 000
Financial Balance	−12 000	−6 000	−4 000	12 000
Earnings Before Tax	−569 000	188 000	2 151 000	2 618 000
Tax	185 000	0	626 000	576 000
Net Income	−755 000	188 000	1 525 000	2 041 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	488 000	765 000	587 000	181 000
Total Current Assets	4 500 000	5 357 000	6 027 000	5 284 000
Total Assets	4 988 000	6 123 000	6 614 000	5 466 000
Total Retained Equity	2 407 000	3 162 000	3 974 000	2 449 000
Total Equity	2 507 000	3 262 000	4 074 000	2 549 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 480 000	2 861 000	2 540 000	2 917 000
Total Equity and Debt	4 988 000	6 123 000	6 614 000	5 466 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 080 000	7 624 000	11 826 000	11 696 000
Other Income	51 000	0	0	0
Revenue	11 132 000	7 625 000	11 826 000	11 696 000
Cost of Goods Sold	4 226 000	3 211 000	4 768 000	4 714 000
Salary Costs	4 730 000	3 523 000	3 842 000	3 412 000
Depreciation	178 000	197 000	32 000	23 000
Impairment	0	0	0	0
Expenditure	11 690 000	7 430 000	9 670 000	9 090 000
Operating Profit	−557 000	195 000	2 156 000	2 606 000
Financial Income	2 000	0	1 000	17 000
Financial Costs	14 000	6 000	5 000	5 000
Financial Balance	−12 000	−6 000	−4 000	12 000
Dividends	0	1 000 000	0	500 000
Net Income	−755 000	188 000	1 525 000	2 041 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	103 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	488 000	765 000	587 000	74 000
Total Tangible Assets	488 000	765 000	587 000	74 000
Total Fiancial Fixed Assets	0	0	0	4 000
Total Fixed Assets	488 000	765 000	587 000	181 000
Stock	33 000	61 000	50 000	49 000
Total Investments	0	0	0	0
Cash, Bank	3 020 000	4 692 000	5 247 000	2 892 000
Total Current Assets	4 500 000	5 357 000	6 027 000	5 284 000
Total Assets	4 988 000	6 123 000	6 614 000	5 466 000
Total Equity	2 507 000	3 262 000	4 074 000	2 549 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	411 000	643 000	327 000	593 000
Unpaid Taxes	827 000	245 000	479 000	608 000
Dividends	0	1 000 000	0	500 000
Other Current Debt	1 057 000	1 972 000	1 210 000	587 000
Total Current Debt	2 480 000	2 861 000	2 540 000	2 917 000
Total Equity and Debt	4 988 000	6 123 000	6 614 000	5 466 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−30,12 %	5,76 %	37,43 %	80,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5 %	2,56 %	18,23 %	22,28 %
Current Ratio	1,81	1,87	2,37	1,81
Quick Ratio	1,84	1,91	2,42	1,84
Equity Ratio	0,5	0,53	0,62	0,47
Gross Profit Margin	62,04 %	57,89 %	59,68 %	59,7 %