INDUSTRI ELEKTRO AS

4370 EGERSUND

Finances

Share Ownership

Return on Equity

14,7 %

Current Ratio

4,29

Debt-to-Equity Ratio

2,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	340 000	275 000	275 000	275 000
Net Income	131 000	125 000	74 000	61 000
Total Assets	3 191 000	3 160 000	3 241 000	3 248 000
Total Equity	891 000	760 000	635 000	561 000

Income (NOK)	2022	2021	2020	2019
Revenue	340 000	275 000	275 000	275 000
Expenditure	84 000	33 000	87 000	102 000
Operating Profit	257 000	242 000	188 000	174 000
Financial Income	0	0	0	0
Financial Costs	90 000	81 000	93 000	96 000
Financial Balance	−90 000	−81 000	−93 000	−96 000
Earnings Before Tax	167 000	160 000	95 000	78 000
Tax	37 000	35 000	21 000	17 000
Net Income	131 000	125 000	74 000	61 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 921 000	2 973 000	2 973 000	3 024 000
Total Current Assets	270 000	188 000	268 000	224 000
Total Assets	3 191 000	3 160 000	3 241 000	3 248 000
Total Retained Equity	391 000	260 000	135 000	61 000
Total Equity	891 000	760 000	635 000	561 000
Total Long-Term Debt	2 238 000	2 371 000	2 582 000	2 664 000
Total Current Debt	63 000	29 000	23 000	23 000
Total Equity and Debt	3 191 000	3 160 000	3 241 000	3 248 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	275 000	275 000
Other Income	340 000	275 000	0	0
Revenue	340 000	275 000	275 000	275 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	52 000	0	52 000	52 000
Impairment	0	0	0	0
Expenditure	84 000	33 000	87 000	102 000
Operating Profit	257 000	242 000	188 000	174 000
Financial Income	0	0	0	0
Financial Costs	90 000	81 000	93 000	96 000
Financial Balance	−90 000	−81 000	−93 000	−96 000
Dividends	0	0	0	0
Net Income	131 000	125 000	74 000	61 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 921 000	2 973 000	2 973 000	3 024 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 921 000	2 973 000	2 973 000	3 024 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 921 000	2 973 000	2 973 000	3 024 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	270 000	184 000	262 000	15 000
Total Current Assets	270 000	188 000	268 000	224 000
Total Assets	3 191 000	3 160 000	3 241 000	3 248 000
Total Equity	891 000	760 000	635 000	561 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 238 000	2 371 000	2 582 000	2 664 000
Creditors	1 000	0	6 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	23 000	17 000	18 000	23 000
Total Current Debt	63 000	29 000	23 000	23 000
Total Equity and Debt	3 191 000	3 160 000	3 241 000	3 248 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,7 %	16,45 %	11,65 %	10,87 %
Debt-to-Equity Ratio	2,51	3,12	4,07	4,75
Operating Profit Margin	75,59 %	88 %	68,36 %	63,27 %
Current Ratio	4,29	6,48	11,65	9,74
Quick Ratio	4,29	6,48	11,65	9,74
Equity Ratio	0,28	0,24	0,2	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %