ELEKTRO NORDEN AS

2022 GJERDRUM

Finances

Return on Equity

35,74 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 294 000	15 512 000	12 176 000	0
Net Income	1 316 000	1 388 000	969 000	−25 000
Total Assets	12 696 000	7 065 000	3 563 000	10 000
Total Equity	3 682 000	2 366 000	978 000	10 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 294 000	15 512 000	12 176 000	0
Expenditure	30 607 000	13 703 000	10 930 000	25 000
Operating Profit	1 688 000	1 809 000	1 246 000	−25 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	1 688 000	1 809 000	1 246 000	−25 000
Tax	372 000	421 000	277 000	0
Net Income	1 316 000	1 388 000	969 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	784 000	217 000	86 000	0
Total Current Assets	11 912 000	6 848 000	3 477 000	10 000
Total Assets	12 696 000	7 065 000	3 563 000	10 000
Total Retained Equity	3 648 000	2 332 000	944 000	−25 000
Total Equity	3 682 000	2 366 000	978 000	10 000
Total Long-Term Debt	4 000	7 000	2 000	0
Total Current Debt	9 010 000	4 691 000	2 583 000	0
Total Equity and Debt	12 696 000	7 065 000	3 563 000	10 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 294 000	15 512 000	12 176 000	0
Other Income	0	0	0	0
Revenue	32 294 000	15 512 000	12 176 000	0
Cost of Goods Sold	16 339 000	4 706 000	6 627 000	0
Salary Costs	10 870 000	6 705 000	3 079 000	0
Depreciation	99 000	62 000	9 000	0
Impairment	0	0	0	0
Expenditure	30 607 000	13 703 000	10 930 000	25 000
Operating Profit	1 688 000	1 809 000	1 246 000	−25 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	0
Net Income	1 316 000	1 388 000	969 000	−25 000

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	210 000	214 000	84 000	0
Total Tangible Assets	210 000	214 000	84 000	0
Total Fiancial Fixed Assets	574 000	3 000	3 000	0
Total Fixed Assets	784 000	217 000	86 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 574 000	5 298 000	2 607 000	10 000
Total Current Assets	11 912 000	6 848 000	3 477 000	10 000
Total Assets	12 696 000	7 065 000	3 563 000	10 000
Total Equity	3 682 000	2 366 000	978 000	10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	7 000	2 000	0
Creditors	1 874 000	366 000	136 000	0
Unpaid Taxes	1 846 000	1 883 000	1 692 000	0
Dividends	0	0	0	0
Other Current Debt	4 914 000	2 026 000	480 000	0
Total Current Debt	9 010 000	4 691 000	2 583 000	0
Total Equity and Debt	12 696 000	7 065 000	3 563 000	10 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,74 %	58,66 %	99,08 %	−250 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,23 %	11,66 %	10,23 %	-
Current Ratio	1,32	1,46	1,35	-
Quick Ratio	1,32	1,46	1,35	-
Equity Ratio	0,29	0,33	0,27	1
Gross Profit Margin	49,41 %	69,66 %	45,57 %	-