BOVG ELEKTRO AS

3036 DRAMMEN

Finances

Share Ownership

Return on Equity

−496,43 %

Current Ratio

0,92

Debt-to-Equity Ratio

19,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 344 000	9 240 000	6 157 000	1 479 000
Net Income	−278 000	539 000	352 000	32 000
Total Assets	2 914 000	4 282 000	3 906 000	1 319 000
Total Equity	56 000	222 000	134 000	82 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 344 000	9 240 000	6 157 000	1 479 000
Expenditure	7 636 000	8 499 000	5 658 000	1 417 000
Operating Profit	−293 000	741 000	498 000	61 000
Financial Income	2 000	0	0	0
Financial Costs	65 000	51 000	47 000	21 000
Financial Balance	−63 000	−51 000	−47 000	−21 000
Earnings Before Tax	−356 000	690 000	452 000	41 000
Tax	−78 000	152 000	99 000	9 000
Net Income	−278 000	539 000	352 000	32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 291 000	1 720 000	2 302 000	703 000
Total Current Assets	1 623 000	2 562 000	1 604 000	615 000
Total Assets	2 914 000	4 282 000	3 906 000	1 319 000
Total Retained Equity	6 000	172 000	84 000	32 000
Total Equity	56 000	222 000	134 000	82 000
Total Long-Term Debt	1 086 000	1 587 000	2 265 000	853 000
Total Current Debt	1 773 000	2 472 000	1 507 000	384 000
Total Equity and Debt	2 914 000	4 282 000	3 906 000	1 319 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 294 000	9 223 000	6 157 000	1 479 000
Other Income	50 000	17 000	0	0
Revenue	7 344 000	9 240 000	6 157 000	1 479 000
Cost of Goods Sold	3 707 000	3 294 000	1 986 000	211 000
Salary Costs	2 768 000	3 823 000	2 701 000	817 000
Depreciation	285 000	265 000	174 000	51 000
Impairment	0	0	0	0
Expenditure	7 636 000	8 499 000	5 658 000	1 417 000
Operating Profit	−293 000	741 000	498 000	61 000
Financial Income	2 000	0	0	0
Financial Costs	65 000	51 000	47 000	21 000
Financial Balance	−63 000	−51 000	−47 000	−21 000
Dividends	0	450 000	300 000	0
Net Income	−278 000	539 000	352 000	32 000

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	1 291 000	1 720 000	2 302 000	703 000
Total Tangible Assets	1 291 000	1 720 000	2 302 000	703 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 291 000	1 720 000	2 302 000	703 000
Stock	199 000	409 000	43 000	10 000
Total Investments	0	0	0	0
Cash, Bank	777 000	1 593 000	1 158 000	369 000
Total Current Assets	1 623 000	2 562 000	1 604 000	615 000
Total Assets	2 914 000	4 282 000	3 906 000	1 319 000
Total Equity	56 000	222 000	134 000	82 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 086 000	1 587 000	2 265 000	853 000
Creditors	538 000	441 000	432 000	121 000
Unpaid Taxes	368 000	574 000	243 000	78 000
Dividends	0	450 000	300 000	0
Other Current Debt	867 000	882 000	532 000	185 000
Total Current Debt	1 773 000	2 472 000	1 507 000	384 000
Total Equity and Debt	2 914 000	4 282 000	3 906 000	1 319 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−496,43 %	242,79 %	262,69 %	39,02 %
Debt-to-Equity Ratio	19,39	7,15	16,9	10,4
Operating Profit Margin	−3,99 %	8,02 %	8,09 %	4,12 %
Current Ratio	0,92	1,04	1,06	1,6
Quick Ratio	1,03	1,24	1,1	1,64
Equity Ratio	0,02	0,05	0,03	0,06
Gross Profit Margin	49,52 %	64,35 %	67,74 %	85,73 %