ØSTLANDSKE ELEKTRO-MEKANISKE AS

2067 JESSHEIM

Finances

Share Ownership

Return on Equity

18,94 %

Current Ratio

0,26

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 416 000	2 408 000	3 672 000	2 187 000
Net Income	−139 000	−539 000	171 000	360 000
Total Assets	743 000	980 000	1 281 000	652 000
Total Equity	−734 000	−295 000	365 000	359 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 416 000	2 408 000	3 672 000	2 187 000
Expenditure	3 479 000	2 942 000	3 439 000	1 725 000
Operating Profit	−63 000	−534 000	233 000	462 000
Financial Income	0	0	0	0
Financial Costs	77 000	32 000	13 000	10 000
Financial Balance	−77 000	−32 000	−13 000	−10 000
Earnings Before Tax	−139 000	−566 000	220 000	452 000
Tax	0	−27 000	48 000	93 000
Net Income	−139 000	−539 000	171 000	360 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	354 000	545 000	575 000	189 000
Total Current Assets	389 000	436 000	706 000	463 000
Total Assets	743 000	980 000	1 281 000	652 000
Total Retained Equity	−764 000	−325 000	335 000	329 000
Total Equity	−734 000	−295 000	365 000	359 000
Total Long-Term Debt	0	0	27 000	7 000
Total Current Debt	1 477 000	1 275 000	889 000	286 000
Total Equity and Debt	743 000	980 000	1 281 000	652 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 287 000	2 408 000	3 672 000	2 187 000
Other Income	128 000	0	0	0
Revenue	3 416 000	2 408 000	3 672 000	2 187 000
Cost of Goods Sold	931 000	339 000	550 000	570 000
Salary Costs	1 122 000	1 753 000	1 905 000	516 000
Depreciation	58 000	62 000	36 000	10 000
Impairment	0	0	0	0
Expenditure	3 479 000	2 942 000	3 439 000	1 725 000
Operating Profit	−63 000	−534 000	233 000	462 000
Financial Income	0	0	0	0
Financial Costs	77 000	32 000	13 000	10 000
Financial Balance	−77 000	−32 000	−13 000	−10 000
Dividends	0	0	0	0
Net Income	−139 000	−539 000	171 000	360 000

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	135 000	158 000	181 000	189 000
Fixtures	218 000	355 000	347 000	0
Total Tangible Assets	354 000	513 000	528 000	189 000
Total Fiancial Fixed Assets	0	31 000	46 000	0
Total Fixed Assets	354 000	545 000	575 000	189 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	136 000	76 000	257 000	322 000
Total Current Assets	389 000	436 000	706 000	463 000
Total Assets	743 000	980 000	1 281 000	652 000
Total Equity	−734 000	−295 000	365 000	359 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	27 000	7 000
Creditors	643 000	453 000	97 000	48 000
Unpaid Taxes	406 000	596 000	485 000	92 000
Dividends	0	0	0	0
Other Current Debt	428 000	227 000	280 000	61 000
Total Current Debt	1 477 000	1 275 000	889 000	286 000
Total Equity and Debt	743 000	980 000	1 281 000	652 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,94 %	182,71 %	46,85 %	100,28 %
Debt-to-Equity Ratio	−0	−0	0,07	0,02
Operating Profit Margin	−1,84 %	−22,18 %	6,35 %	21,12 %
Current Ratio	0,26	0,34	0,79	1,62
Quick Ratio	0,26	0,34	0,79	1,62
Equity Ratio	−0,99	−0,3	0,28	0,55
Gross Profit Margin	72,75 %	85,92 %	85,02 %	73,94 %