SMAALENENE ELEKTRO AS

1860 TRØGSTAD

Finances

Return on Equity

71,38 %

Current Ratio

1,41

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 571 000	13 818 000	11 146 000	6 422 000
Net Income	2 170 000	541 000	1 439 000	966 000
Total Assets	9 027 000	5 868 000	4 492 000	2 767 000
Total Equity	3 040 000	1 870 000	1 929 000	991 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 571 000	13 818 000	11 146 000	6 422 000
Expenditure	16 917 000	12 986 000	9 300 000	5 181 000
Operating Profit	2 653 000	832 000	1 845 000	1 240 000
Financial Income	5 000	2 000	7 000	0
Financial Costs	8 000	4 000	7 000	3 000
Financial Balance	−3 000	−2 000	0	−3 000
Earnings Before Tax	2 650 000	830 000	1 846 000	1 238 000
Tax	480 000	289 000	407 000	271 000
Net Income	2 170 000	541 000	1 439 000	966 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	690 000	334 000	408 000	113 000
Total Current Assets	8 337 000	5 534 000	4 084 000	2 654 000
Total Assets	9 027 000	5 868 000	4 492 000	2 767 000
Total Retained Equity	2 740 000	1 570 000	1 719 000	961 000
Total Equity	3 040 000	1 870 000	1 929 000	991 000
Total Long-Term Debt	65 000	0	12 000	4 000
Total Current Debt	5 923 000	3 998 000	2 551 000	1 773 000
Total Equity and Debt	9 027 000	5 868 000	4 492 000	2 767 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 571 000	13 818 000	11 146 000	6 422 000
Other Income	0	0	0	0
Revenue	19 571 000	13 818 000	11 146 000	6 422 000
Cost of Goods Sold	9 731 000	6 441 000	5 412 000	2 854 000
Salary Costs	5 077 000	4 434 000	2 932 000	1 826 000
Depreciation	120 000	91 000	45 000	4 000
Impairment	0	0	0	0
Expenditure	16 917 000	12 986 000	9 300 000	5 181 000
Operating Profit	2 653 000	832 000	1 845 000	1 240 000
Financial Income	5 000	2 000	7 000	0
Financial Costs	8 000	4 000	7 000	3 000
Financial Balance	−3 000	−2 000	0	−3 000
Dividends	0	0	500 000	0
Net Income	2 170 000	541 000	1 439 000	966 000

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	253 000	0	0	0
Fixtures	361 000	334 000	408 000	113 000
Total Tangible Assets	615 000	334 000	408 000	113 000
Total Fiancial Fixed Assets	75 000	0	0	0
Total Fixed Assets	690 000	334 000	408 000	113 000
Stock	533 000	370 000	344 000	205 000
Total Investments	0	0	0	0
Cash, Bank	1 714 000	1 685 000	916 000	450 000
Total Current Assets	8 337 000	5 534 000	4 084 000	2 654 000
Total Assets	9 027 000	5 868 000	4 492 000	2 767 000
Total Equity	3 040 000	1 870 000	1 929 000	991 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	65 000	0	12 000	4 000
Creditors	1 513 000	1 449 000	667 000	788 000
Unpaid Taxes	956 000	642 000	422 000	319 000
Dividends	0	0	500 000	0
Other Current Debt	2 038 000	1 006 000	563 000	398 000
Total Current Debt	5 923 000	3 998 000	2 551 000	1 773 000
Total Equity and Debt	9 027 000	5 868 000	4 492 000	2 767 000

Financial indicators	2022	2021	2020	2019
Return on Equity	71,38 %	28,93 %	74,6 %	97,48 %
Debt-to-Equity Ratio	0,02	0	0,01	0
Operating Profit Margin	13,56 %	6,02 %	16,55 %	19,31 %
Current Ratio	1,41	1,38	1,6	1,5
Quick Ratio	1,55	1,53	1,85	1,69
Equity Ratio	0,34	0,32	0,43	0,36
Gross Profit Margin	50,28 %	53,39 %	51,44 %	55,56 %