NOELKO - NORSK ELSIKKERHETSKONTROLL AS

5258 BLOMSTERDALEN

Finances

Share Ownership

Return on Equity

45,61 %

Current Ratio

4,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 070 000	2 963 000	585 000	777 000
Net Income	1 873 000	1 919 000	119 000	98 000
Total Assets	5 375 000	3 050 000	566 000	608 000
Total Equity	4 107 000	2 235 000	317 000	198 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 070 000	2 963 000	585 000	777 000
Expenditure	1 666 000	503 000	431 000	651 000
Operating Profit	2 404 000	2 460 000	154 000	125 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	0	−1 000	0
Earnings Before Tax	2 403 000	2 460 000	153 000	125 000
Tax	530 000	541 000	34 000	28 000
Net Income	1 873 000	1 919 000	119 000	98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 000	13 000	0	0
Total Current Assets	5 368 000	3 037 000	566 000	608 000
Total Assets	5 375 000	3 050 000	566 000	608 000
Total Retained Equity	4 007 000	2 136 000	217 000	98 000
Total Equity	4 107 000	2 235 000	317 000	198 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 268 000	815 000	249 000	411 000
Total Equity and Debt	5 375 000	3 050 000	566 000	608 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 070 000	2 963 000	585 000	777 000
Other Income	0	0	0	0
Revenue	4 070 000	2 963 000	585 000	777 000
Cost of Goods Sold	81 000	0	0	0
Salary Costs	1 325 000	406 000	377 000	463 000
Depreciation	5 000	3 000	0	0
Impairment	0	0	0	0
Expenditure	1 666 000	503 000	431 000	651 000
Operating Profit	2 404 000	2 460 000	154 000	125 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	1 000	0
Financial Balance	−1 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	1 873 000	1 919 000	119 000	98 000

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	7 000	13 000	0	0
Total Tangible Assets	7 000	13 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	7 000	13 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 601 000	2 751 000	395 000	594 000
Total Current Assets	5 368 000	3 037 000	566 000	608 000
Total Assets	5 375 000	3 050 000	566 000	608 000
Total Equity	4 107 000	2 235 000	317 000	198 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	0	−1 000	−1 000
Unpaid Taxes	540 000	197 000	142 000	310 000
Dividends	0	0	0	0
Other Current Debt	193 000	79 000	74 000	73 000
Total Current Debt	1 268 000	815 000	249 000	411 000
Total Equity and Debt	5 375 000	3 050 000	566 000	608 000

Financial indicators	2022	2021	2020	2019
Return on Equity	45,61 %	85,86 %	37,54 %	49,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	59,07 %	83,02 %	26,32 %	16,09 %
Current Ratio	4,23	3,73	2,27	1,48
Quick Ratio	4,23	3,73	2,27	1,48
Equity Ratio	0,76	0,73	0,56	0,33
Gross Profit Margin	98,01 %	100 %	100 %	100 %