ELECTROCOMPANIET AS

4120 TAU

Finances

Share Ownership

Return on Equity

−385,48 %

Current Ratio

1,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 209 000	17 645 000	14 265 000	7 791 000
Net Income	−1 619 000	−684 000	−1 216 000	−11 985 000
Total Assets	5 518 000	4 244 000	13 220 000	19 845 000
Total Equity	420 000	1 401 000	6 086 000	5 501 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 209 000	17 645 000	14 265 000	7 791 000
Expenditure	16 285 000	18 123 000	15 825 000	24 868 000
Operating Profit	−2 075 000	−478 000	−1 559 000	−17 076 000
Financial Income	−1 000	0	2 000	4 000
Financial Costs	0	0	1 000	116 000
Financial Balance	−1 000	0	1 000	−112 000
Earnings Before Tax	−2 076 000	−477 000	−1 558 000	−17 188 000
Tax	−457 000	−105 000	−342 000	−5 203 000
Net Income	−1 619 000	−684 000	−1 216 000	−11 985 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	221 000	226 000	253 000	2 111 000
Total Current Assets	5 297 000	4 017 000	12 967 000	17 734 000
Total Assets	5 518 000	4 244 000	13 220 000	19 845 000
Total Retained Equity	0	0	0	−499 000
Total Equity	420 000	1 401 000	6 086 000	5 501 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 098 000	2 842 000	7 135 000	14 344 000
Total Equity and Debt	5 518 000	4 244 000	13 220 000	19 845 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 209 000	17 645 000	14 265 000	7 791 000
Other Income	0	0	0	0
Revenue	14 209 000	17 645 000	14 265 000	7 791 000
Cost of Goods Sold	9 346 000	11 622 000	9 102 000	10 866 000
Salary Costs	4 668 000	4 427 000	4 182 000	5 895 000
Depreciation	0	0	0	5 310 000
Impairment	0	0	0	0
Expenditure	16 285 000	18 123 000	15 825 000	24 868 000
Operating Profit	−2 075 000	−478 000	−1 559 000	−17 076 000
Financial Income	−1 000	0	2 000	4 000
Financial Costs	0	0	1 000	116 000
Financial Balance	−1 000	0	1 000	−112 000
Dividends	0	0	0	0
Net Income	−1 619 000	−684 000	−1 216 000	−11 985 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	221 000	226 000	253 000	2 111 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	221 000	226 000	253 000	2 111 000
Stock	128 000	96 000	0	1 400 000
Total Investments	0	0	0	0
Cash, Bank	840 000	1 688 000	1 200 000	709 000
Total Current Assets	5 297 000	4 017 000	12 967 000	17 734 000
Total Assets	5 518 000	4 244 000	13 220 000	19 845 000
Total Equity	420 000	1 401 000	6 086 000	5 501 000
Short-Term Group Debt	1 000 000	780 000	6 000 000	12 154 000
Total Long-Term Debt	0	0	0	0
Creditors	3 268 000	1 343 000	452 000	1 235 000
Unpaid Taxes	321 000	300 000	308 000	408 000
Dividends	0	0	0	0
Other Current Debt	509 000	419 000	374 000	547 000
Total Current Debt	5 098 000	2 842 000	7 135 000	14 344 000
Total Equity and Debt	5 518 000	4 244 000	13 220 000	19 845 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−385,48 %	−48,82 %	−19,98 %	−217,87 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−14,6 %	−2,71 %	−10,93 %	−219,18 %
Current Ratio	1,04	1,41	1,82	1,24
Quick Ratio	1,07	1,46	1,82	1,37
Equity Ratio	0,08	0,33	0,46	0,28
Gross Profit Margin	34,22 %	34,13 %	36,19 %	−39,47 %