ABD ELEKTRO AS

6050 VALDERØYA

Finances

Share Ownership

Return on Equity

41,43 %

Current Ratio

2,64

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 368 000	6 145 000	7 045 000	7 766 000
Net Income	1 051 000	849 000	543 000	418 000
Total Assets	4 479 000	2 988 000	4 808 000	2 127 000
Total Equity	2 537 000	1 879 000	1 180 000	787 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 368 000	6 145 000	7 045 000	7 766 000
Expenditure	4 940 000	5 031 000	6 337 000	7 225 000
Operating Profit	1 427 000	1 115 000	708 000	541 000
Financial Income	2 000	4 000	4 000	1 000
Financial Costs	79 000	26 000	14 000	5 000
Financial Balance	−77 000	−22 000	−10 000	−4 000
Earnings Before Tax	1 351 000	1 093 000	698 000	536 000
Tax	300 000	244 000	154 000	118 000
Net Income	1 051 000	849 000	543 000	418 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	618 000	11 000	0	0
Total Current Assets	3 861 000	2 978 000	4 808 000	2 127 000
Total Assets	4 479 000	2 988 000	4 808 000	2 127 000
Total Retained Equity	2 137 000	1 479 000	780 000	387 000
Total Equity	2 537 000	1 879 000	1 180 000	787 000
Total Long-Term Debt	480 000	0	80 000	0
Total Current Debt	1 462 000	1 109 000	3 547 000	1 340 000
Total Equity and Debt	4 479 000	2 988 000	4 808 000	2 127 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 322 000	5 123 000	7 045 000	7 766 000
Other Income	46 000	1 023 000	0	0
Revenue	6 368 000	6 145 000	7 045 000	7 766 000
Cost of Goods Sold	1 495 000	2 218 000	2 689 000	1 112 000
Salary Costs	2 284 000	1 838 000	2 639 000	3 930 000
Depreciation	85 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	4 940 000	5 031 000	6 337 000	7 225 000
Operating Profit	1 427 000	1 115 000	708 000	541 000
Financial Income	2 000	4 000	4 000	1 000
Financial Costs	79 000	26 000	14 000	5 000
Financial Balance	−77 000	−22 000	−10 000	−4 000
Dividends	150 000	150 000	150 000	0
Net Income	1 051 000	849 000	543 000	418 000

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	618 000	11 000	0	0
Total Tangible Assets	618 000	11 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	618 000	11 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 226 000	1 567 000	793 000	1 173 000
Total Current Assets	3 861 000	2 978 000	4 808 000	2 127 000
Total Assets	4 479 000	2 988 000	4 808 000	2 127 000
Total Equity	2 537 000	1 879 000	1 180 000	787 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	480 000	0	80 000	0
Creditors	72 000	138 000	1 300 000	312 000
Unpaid Taxes	362 000	278 000	815 000	519 000
Dividends	150 000	150 000	150 000	0
Other Current Debt	661 000	219 000	1 208 000	391 000
Total Current Debt	1 462 000	1 109 000	3 547 000	1 340 000
Total Equity and Debt	4 479 000	2 988 000	4 808 000	2 127 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,43 %	45,18 %	46,02 %	53,11 %
Debt-to-Equity Ratio	0,19	0	0,07	0
Operating Profit Margin	22,41 %	18,14 %	10,05 %	6,97 %
Current Ratio	2,64	2,69	1,36	1,59
Quick Ratio	2,64	2,69	1,36	1,59
Equity Ratio	0,57	0,63	0,25	0,37
Gross Profit Margin	76,52 %	63,91 %	61,83 %	85,68 %