BIRKENES ELEKTRO AS

5590 ETNE

Finances

Share Ownership

Return on Equity

14,37 %

Current Ratio

1,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 504 000	4 167 000	3 218 000	2 712 000
Net Income	144 000	271 000	369 000	226 000
Total Assets	1 938 000	1 681 000	1 533 000	1 170 000
Total Equity	1 002 000	858 000	587 000	218 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 504 000	4 167 000	3 218 000	2 712 000
Expenditure	3 311 000	3 807 000	2 726 000	2 401 000
Operating Profit	192 000	360 000	491 000	311 000
Financial Income	0	0	0	0
Financial Costs	4 000	11 000	18 000	22 000
Financial Balance	−4 000	−11 000	−18 000	−22 000
Earnings Before Tax	188 000	349 000	473 000	289 000
Tax	44 000	78 000	104 000	64 000
Net Income	144 000	271 000	369 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	151 000	257 000	363 000	291 000
Total Current Assets	1 787 000	1 424 000	1 170 000	878 000
Total Assets	1 938 000	1 681 000	1 533 000	1 170 000
Total Retained Equity	972 000	828 000	557 000	188 000
Total Equity	1 002 000	858 000	587 000	218 000
Total Long-Term Debt	0	175 000	266 000	488 000
Total Current Debt	935 000	647 000	679 000	464 000
Total Equity and Debt	1 938 000	1 681 000	1 533 000	1 170 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 391 000	4 019 000	3 111 000	2 640 000
Other Income	113 000	148 000	107 000	72 000
Revenue	3 504 000	4 167 000	3 218 000	2 712 000
Cost of Goods Sold	1 852 000	2 304 000	1 477 000	1 219 000
Salary Costs	1 064 000	1 104 000	926 000	867 000
Depreciation	106 000	106 000	78 000	76 000
Impairment	0	0	0	0
Expenditure	3 311 000	3 807 000	2 726 000	2 401 000
Operating Profit	192 000	360 000	491 000	311 000
Financial Income	0	0	0	0
Financial Costs	4 000	11 000	18 000	22 000
Financial Balance	−4 000	−11 000	−18 000	−22 000
Dividends	0	0	0	0
Net Income	144 000	271 000	369 000	226 000

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	88 000	118 000	148 000	0
Fixtures	64 000	139 000	215 000	291 000
Total Tangible Assets	151 000	257 000	363 000	291 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	151 000	257 000	363 000	291 000
Stock	279 000	184 000	156 000	176 000
Total Investments	0	0	0	0
Cash, Bank	789 000	667 000	369 000	388 000
Total Current Assets	1 787 000	1 424 000	1 170 000	878 000
Total Assets	1 938 000	1 681 000	1 533 000	1 170 000
Total Equity	1 002 000	858 000	587 000	218 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	175 000	266 000	488 000
Creditors	614 000	250 000	331 000	201 000
Unpaid Taxes	148 000	206 000	159 000	140 000
Dividends	0	0	0	0
Other Current Debt	119 000	104 000	89 000	85 000
Total Current Debt	935 000	647 000	679 000	464 000
Total Equity and Debt	1 938 000	1 681 000	1 533 000	1 170 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,37 %	31,59 %	62,86 %	103,67 %
Debt-to-Equity Ratio	0	0,2	0,45	2,24
Operating Profit Margin	5,48 %	8,64 %	15,26 %	11,47 %
Current Ratio	1,91	2,2	1,72	1,89
Quick Ratio	2,72	3,08	2,24	3,05
Equity Ratio	0,52	0,51	0,38	0,19
Gross Profit Margin	47,15 %	44,71 %	54,1 %	55,05 %