TOVI ELEKTRO AS

5727 STAMNES

Finances

Share Ownership

Return on Equity

38,81 %

Current Ratio

1,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 143 000	9 456 000	6 234 000	2 539 000
Net Income	1 117 000	891 000	614 000	348 000
Total Assets	5 659 000	4 453 000	2 823 000	1 466 000
Total Equity	2 878 000	1 762 000	1 019 000	405 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 143 000	9 456 000	6 234 000	2 539 000
Expenditure	11 711 000	8 299 000	5 444 000	2 087 000
Operating Profit	1 432 000	1 158 000	790 000	452 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	3 000	6 000
Financial Balance	0	−1 000	−3 000	−6 000
Earnings Before Tax	1 432 000	1 157 000	787 000	446 000
Tax	315 000	266 000	173 000	98 000
Net Income	1 117 000	891 000	614 000	348 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	518 000	249 000	140 000	307 000
Total Current Assets	5 141 000	4 204 000	2 683 000	1 159 000
Total Assets	5 659 000	4 453 000	2 823 000	1 466 000
Total Retained Equity	2 854 000	1 737 000	995 000	381 000
Total Equity	2 878 000	1 762 000	1 019 000	405 000
Total Long-Term Debt	0	0	17 000	101 000
Total Current Debt	2 781 000	2 692 000	1 786 000	960 000
Total Equity and Debt	5 659 000	4 453 000	2 823 000	1 466 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 143 000	9 456 000	6 152 000	2 429 000
Other Income	0	0	82 000	110 000
Revenue	13 143 000	9 456 000	6 234 000	2 539 000
Cost of Goods Sold	6 380 000	4 566 000	2 765 000	938 000
Salary Costs	3 714 000	2 692 000	1 998 000	703 000
Depreciation	208 000	145 000	57 000	96 000
Impairment	0	0	0	0
Expenditure	11 711 000	8 299 000	5 444 000	2 087 000
Operating Profit	1 432 000	1 158 000	790 000	452 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	3 000	6 000
Financial Balance	0	−1 000	−3 000	−6 000
Dividends	0	0	0	0
Net Income	1 117 000	891 000	614 000	348 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	4 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	507 000	181 000	0	17 000
Fixtures	0	64 000	140 000	290 000
Total Tangible Assets	507 000	245 000	140 000	307 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	518 000	249 000	140 000	307 000
Stock	331 000	107 000	49 000	49 000
Total Investments	0	0	0	0
Cash, Bank	1 060 000	1 440 000	1 954 000	813 000
Total Current Assets	5 141 000	4 204 000	2 683 000	1 159 000
Total Assets	5 659 000	4 453 000	2 823 000	1 466 000
Total Equity	2 878 000	1 762 000	1 019 000	405 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	17 000	101 000
Creditors	918 000	950 000	775 000	494 000
Unpaid Taxes	688 000	545 000	371 000	202 000
Dividends	0	0	0	0
Other Current Debt	853 000	910 000	484 000	166 000
Total Current Debt	2 781 000	2 692 000	1 786 000	960 000
Total Equity and Debt	5 659 000	4 453 000	2 823 000	1 466 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,81 %	50,57 %	60,26 %	85,93 %
Debt-to-Equity Ratio	0	0	0,02	0,25
Operating Profit Margin	10,9 %	12,25 %	12,67 %	17,8 %
Current Ratio	1,85	1,56	1,5	1,21
Quick Ratio	2,1	1,63	1,54	1,27
Equity Ratio	0,51	0,4	0,36	0,28
Gross Profit Margin	51,46 %	51,71 %	55,65 %	63,06 %