OTTEM & KRISTIANSEN ELEKTRO AS

1392 VETTRE

Finances

Share Ownership

Return on Equity

−1,61 %

Current Ratio

2,02

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 589 000	10 654 000	9 791 000	5 203 000
Net Income	−40 000	1 044 000	1 039 000	713 000
Total Assets	4 910 000	4 773 000	3 876 000	2 034 000
Total Equity	2 487 000	2 526 000	1 482 000	743 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 589 000	10 654 000	9 791 000	5 203 000
Expenditure	9 653 000	9 315 000	8 454 000	4 285 000
Operating Profit	−65 000	1 339 000	1 337 000	919 000
Financial Income	14 000	4 000	2 000	1 000
Financial Costs	1 000	4 000	6 000	5 000
Financial Balance	13 000	0	−4 000	−4 000
Earnings Before Tax	−51 000	1 339 000	1 333 000	915 000
Tax	−11 000	294 000	294 000	201 000
Net Income	−40 000	1 044 000	1 039 000	713 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	68 000	27 000	13 000	18 000
Total Current Assets	4 842 000	4 746 000	3 863 000	2 016 000
Total Assets	4 910 000	4 773 000	3 876 000	2 034 000
Total Retained Equity	2 457 000	2 496 000	1 452 000	713 000
Total Equity	2 487 000	2 526 000	1 482 000	743 000
Total Long-Term Debt	21 000	1 000	0	0
Total Current Debt	2 402 000	2 246 000	2 394 000	1 290 000
Total Equity and Debt	4 910 000	4 773 000	3 876 000	2 034 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 589 000	10 654 000	9 791 000	5 203 000
Other Income	0	0	0	0
Revenue	9 589 000	10 654 000	9 791 000	5 203 000
Cost of Goods Sold	2 304 000	2 808 000	2 466 000	1 461 000
Salary Costs	6 321 000	5 920 000	5 411 000	2 461 000
Depreciation	10 000	4 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	9 653 000	9 315 000	8 454 000	4 285 000
Operating Profit	−65 000	1 339 000	1 337 000	919 000
Financial Income	14 000	4 000	2 000	1 000
Financial Costs	1 000	4 000	6 000	5 000
Financial Balance	13 000	0	−4 000	−4 000
Dividends	0	0	300 000	0
Net Income	−40 000	1 044 000	1 039 000	713 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	31 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	27 000	13 000	18 000
Total Tangible Assets	37 000	27 000	13 000	18 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	68 000	27 000	13 000	18 000
Stock	234 000	38 000	0	0
Total Investments	0	0	0	0
Cash, Bank	3 892 000	2 412 000	2 900 000	1 035 000
Total Current Assets	4 842 000	4 746 000	3 863 000	2 016 000
Total Assets	4 910 000	4 773 000	3 876 000	2 034 000
Total Equity	2 487 000	2 526 000	1 482 000	743 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 000	1 000	0	0
Creditors	198 000	98 000	274 000	290 000
Unpaid Taxes	1 494 000	1 239 000	980 000	406 000
Dividends	0	0	300 000	0
Other Current Debt	689 000	615 000	846 000	393 000
Total Current Debt	2 402 000	2 246 000	2 394 000	1 290 000
Total Equity and Debt	4 910 000	4 773 000	3 876 000	2 034 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,61 %	41,33 %	70,11 %	95,96 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	−0,68 %	12,57 %	13,66 %	17,66 %
Current Ratio	2,02	2,11	1,61	1,56
Quick Ratio	2,23	2,15	1,61	1,56
Equity Ratio	0,51	0,53	0,38	0,37
Gross Profit Margin	75,97 %	73,64 %	74,81 %	71,92 %