ELEKTROTEC AS

5309 KLEPPESTØ

Finances

Return on Equity

112,13 %

Current Ratio

0,37

Debt-to-Equity Ratio

−0,09

Key figures (NOK)	2021	2020	2019	2018
Revenue	21 575 000	22 988 000	19 175 000	11 324 000
Net Income	−2 570 000	−186 000	375 000	449 000
Total Assets	3 962 000	5 522 000	4 770 000	3 745 000
Total Equity	−2 292 000	278 000	464 000	88 000

Income (NOK)	2021	2020	2019	2018
Revenue	21 575 000	22 988 000	19 175 000	11 324 000
Expenditure	24 167 000	23 162 000	18 691 000	10 680 000
Operating Profit	−2 591 000	−175 000	485 000	588 000
Financial Income	32 000	0	2 000	1 000
Financial Costs	71 000	33 000	5 000	1 000
Financial Balance	−39 000	−33 000	−3 000	0
Earnings Before Tax	−2 630 000	−208 000	482 000	588 000
Tax	−60 000	−22 000	106 000	139 000
Net Income	−2 570 000	−186 000	375 000	449 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 756 000	2 159 000	2 413 000	1 505 000
Total Current Assets	2 206 000	3 364 000	2 357 000	2 240 000
Total Assets	3 962 000	5 522 000	4 770 000	3 745 000
Total Retained Equity	−2 316 000	254 000	439 000	64 000
Total Equity	−2 292 000	278 000	464 000	88 000
Total Long-Term Debt	212 000	293 000	364 000	771 000
Total Current Debt	6 042 000	4 951 000	3 943 000	2 885 000
Total Equity and Debt	3 962 000	5 522 000	4 770 000	3 745 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	21 575 000	22 988 000	19 163 000	11 324 000
Other Income	0	0	12 000	0
Revenue	21 575 000	22 988 000	19 175 000	11 324 000
Cost of Goods Sold	8 079 000	7 884 000	6 178 000	3 176 000
Salary Costs	12 139 000	11 414 000	9 598 000	5 854 000
Depreciation	412 000	324 000	306 000	243 000
Impairment	0	0	0	0
Expenditure	24 167 000	23 162 000	18 691 000	10 680 000
Operating Profit	−2 591 000	−175 000	485 000	588 000
Financial Income	32 000	0	2 000	1 000
Financial Costs	71 000	33 000	5 000	1 000
Financial Balance	−39 000	−33 000	−3 000	0
Dividends	0	0	0	0
Net Income	−2 570 000	−186 000	375 000	449 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	1 560 000	1 940 000	2 232 000	1 150 000
Total Intangible Assets	1 560 000	1 940 000	2 232 000	1 150 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	47 000	78 000	0	0
Fixtures	1 000	1 000	0	208 000
Total Tangible Assets	48 000	80 000	0	208 000
Total Fiancial Fixed Assets	149 000	139 000	181 000	147 000
Total Fixed Assets	1 756 000	2 159 000	2 413 000	1 505 000
Stock	858 000	830 000	440 000	444 000
Total Investments	0	0	0	0
Cash, Bank	830 000	771 000	840 000	1 209 000
Total Current Assets	2 206 000	3 364 000	2 357 000	2 240 000
Total Assets	3 962 000	5 522 000	4 770 000	3 745 000
Total Equity	−2 292 000	278 000	464 000	88 000
Short-Term Group Debt	0	0	0	500 000
Total Long-Term Debt	212 000	293 000	364 000	771 000
Creditors	2 227 000	2 058 000	1 489 000	534 000
Unpaid Taxes	2 425 000	1 638 000	1 485 000	1 035 000
Dividends	0	0	0	0
Other Current Debt	1 390 000	1 255 000	876 000	792 000
Total Current Debt	6 042 000	4 951 000	3 943 000	2 885 000
Total Equity and Debt	3 962 000	5 522 000	4 770 000	3 745 000

Financial indicators	2021	2020	2019	2018
Return on Equity	112,13 %	−66,91 %	80,82 %	510,23 %
Debt-to-Equity Ratio	−0,09	1,05	0,78	8,76
Operating Profit Margin	−12,01 %	−0,76 %	2,53 %	5,19 %
Current Ratio	0,37	0,68	0,6	0,78
Quick Ratio	0,43	0,82	0,67	0,92
Equity Ratio	−0,58	0,05	0,1	0,02
Gross Profit Margin	62,55 %	65,7 %	67,78 %	71,95 %