ELEKTRO FOSEN AS

7130 BREKSTAD

Finances

Return on Equity

20,03 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 479 000	24 124 000	30 545 000	20 572 000
Net Income	1 230 000	1 856 000	4 164 000	2 776 000
Total Assets	14 930 000	11 350 000	14 291 000	9 234 000
Total Equity	6 141 000	5 084 000	3 554 000	496 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 479 000	24 124 000	30 545 000	20 572 000
Expenditure	22 832 000	21 848 000	25 258 000	17 376 000
Operating Profit	1 647 000	2 276 000	5 287 000	3 195 000
Financial Income	47 000	93 000	72 000	45 000
Financial Costs	3 000	3 000	5 000	4 000
Financial Balance	44 000	90 000	67 000	41 000
Earnings Before Tax	1 691 000	2 366 000	5 355 000	3 236 000
Tax	461 000	511 000	1 191 000	461 000
Net Income	1 230 000	1 856 000	4 164 000	2 776 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	614 000	616 000	252 000	158 000
Total Current Assets	14 317 000	10 734 000	14 039 000	9 076 000
Total Assets	14 930 000	11 350 000	14 291 000	9 234 000
Total Retained Equity	6 101 000	5 044 000	3 514 000	467 000
Total Equity	6 141 000	5 084 000	3 554 000	496 000
Total Long-Term Debt	0	7 000	0	17 000
Total Current Debt	8 790 000	6 259 000	10 737 000	8 720 000
Total Equity and Debt	14 930 000	11 350 000	14 291 000	9 234 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 479 000	24 124 000	30 545 000	20 572 000
Other Income	0	0	0	0
Revenue	24 479 000	24 124 000	30 545 000	20 572 000
Cost of Goods Sold	9 548 000	10 075 000	13 015 000	8 748 000
Salary Costs	9 825 000	9 218 000	9 656 000	6 785 000
Depreciation	116 000	62 000	56 000	23 000
Impairment	0	0	0	0
Expenditure	22 832 000	21 848 000	25 258 000	17 376 000
Operating Profit	1 647 000	2 276 000	5 287 000	3 195 000
Financial Income	47 000	93 000	72 000	45 000
Financial Costs	3 000	3 000	5 000	4 000
Financial Balance	44 000	90 000	67 000	41 000
Dividends	0	0	1 060 000	1 060 000
Net Income	1 230 000	1 856 000	4 164 000	2 776 000

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	7 000	18 000
Fixtures	601 000	584 000	174 000	19 000
Total Tangible Assets	601 000	584 000	180 000	37 000
Total Fiancial Fixed Assets	13 000	33 000	72 000	122 000
Total Fixed Assets	614 000	616 000	252 000	158 000
Stock	1 527 000	1 396 000	1 081 000	684 000
Total Investments	10 000	10 000	10 000	10 000
Cash, Bank	6 126 000	3 708 000	6 046 000	3 612 000
Total Current Assets	14 317 000	10 734 000	14 039 000	9 076 000
Total Assets	14 930 000	11 350 000	14 291 000	9 234 000
Total Equity	6 141 000	5 084 000	3 554 000	496 000
Short-Term Group Debt	2 631 000	2 418 000	4 151 000	4 139 000
Total Long-Term Debt	0	7 000	0	17 000
Creditors	2 868 000	657 000	1 216 000	663 000
Unpaid Taxes	1 688 000	1 720 000	1 774 000	1 303 000
Dividends	0	0	1 060 000	1 060 000
Other Current Debt	1 184 000	1 054 000	1 340 000	892 000
Total Current Debt	8 790 000	6 259 000	10 737 000	8 720 000
Total Equity and Debt	14 930 000	11 350 000	14 291 000	9 234 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,03 %	36,51 %	117,16 %	559,68 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	6,73 %	9,43 %	17,31 %	15,53 %
Current Ratio	1,63	1,71	1,31	1,04
Quick Ratio	1,97	2,21	1,45	1,13
Equity Ratio	0,41	0,45	0,25	0,05
Gross Profit Margin	61 %	58,24 %	57,39 %	57,48 %