OTTADALEN ELEKTRO AS

2680 VÅGÅ

Finances

Return on Equity

60,04 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 593 000	19 286 000	16 988 000	14 351 000
Net Income	2 288 000	2 168 000	2 170 000	1 693 000
Total Assets	9 765 000	8 561 000	7 845 000	5 835 000
Total Equity	3 811 000	3 338 000	2 546 000	2 246 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 593 000	19 286 000	16 988 000	14 351 000
Expenditure	17 626 000	16 488 000	14 210 000	12 188 000
Operating Profit	2 967 000	2 798 000	2 778 000	2 162 000
Financial Income	4 000	9 000	32 000	30 000
Financial Costs	38 000	28 000	28 000	21 000
Financial Balance	−34 000	−19 000	4 000	9 000
Earnings Before Tax	2 933 000	2 779 000	2 782 000	2 171 000
Tax	645 000	611 000	612 000	478 000
Net Income	2 288 000	2 168 000	2 170 000	1 693 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 434 000	1 857 000	1 717 000	699 000
Total Current Assets	7 331 000	6 703 000	6 128 000	5 136 000
Total Assets	9 765 000	8 561 000	7 845 000	5 835 000
Total Retained Equity	3 481 000	3 008 000	2 216 000	1 916 000
Total Equity	3 811 000	3 338 000	2 546 000	2 246 000
Total Long-Term Debt	163 000	75 000	117 000	119 000
Total Current Debt	5 790 000	5 148 000	5 182 000	3 470 000
Total Equity and Debt	9 765 000	8 561 000	7 845 000	5 835 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 593 000	19 269 000	16 988 000	14 344 000
Other Income	0	17 000	0	7 000
Revenue	20 593 000	19 286 000	16 988 000	14 351 000
Cost of Goods Sold	6 734 000	6 094 000	4 647 000	4 174 000
Salary Costs	8 811 000	8 436 000	7 902 000	6 628 000
Depreciation	113 000	98 000	69 000	47 000
Impairment	0	0	0	0
Expenditure	17 626 000	16 488 000	14 210 000	12 188 000
Operating Profit	2 967 000	2 798 000	2 778 000	2 162 000
Financial Income	4 000	9 000	32 000	30 000
Financial Costs	38 000	28 000	28 000	21 000
Financial Balance	−34 000	−19 000	4 000	9 000
Dividends	1 815 000	1 375 000	1 870 000	1 100 000
Net Income	2 288 000	2 168 000	2 170 000	1 693 000

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	231 000	163 000	337 000	229 000
Total Tangible Assets	231 000	163 000	337 000	229 000
Total Fiancial Fixed Assets	2 203 000	1 694 000	1 380 000	470 000
Total Fixed Assets	2 434 000	1 857 000	1 717 000	699 000
Stock	868 000	937 000	660 000	628 000
Total Investments	0	0	0	0
Cash, Bank	2 360 000	2 520 000	3 106 000	2 584 000
Total Current Assets	7 331 000	6 703 000	6 128 000	5 136 000
Total Assets	9 765 000	8 561 000	7 845 000	5 835 000
Total Equity	3 811 000	3 338 000	2 546 000	2 246 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	163 000	75 000	117 000	119 000
Creditors	1 000 000	805 000	588 000	423 000
Unpaid Taxes	1 369 000	1 423 000	1 204 000	858 000
Dividends	1 815 000	1 375 000	1 870 000	1 100 000
Other Current Debt	2 758 000	2 376 000	2 666 000	1 812 000
Total Current Debt	5 790 000	5 148 000	5 182 000	3 470 000
Total Equity and Debt	9 765 000	8 561 000	7 845 000	5 835 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,04 %	64,95 %	85,23 %	75,38 %
Debt-to-Equity Ratio	0,04	0,02	0,05	0,05
Operating Profit Margin	14,41 %	14,51 %	16,35 %	15,07 %
Current Ratio	1,27	1,3	1,18	1,48
Quick Ratio	1,49	1,59	1,36	1,81
Equity Ratio	0,39	0,39	0,32	0,38
Gross Profit Margin	67,3 %	68,4 %	72,65 %	70,91 %