MB ELEKTRO AS

5054 BERGEN

Finances

Share Ownership

Return on Equity

18,67 %

Current Ratio

2,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 780 000	4 233 000	3 448 000	883 000
Net Income	377 000	831 000	450 000	337 000
Total Assets	3 111 000	2 793 000	1 352 000	603 000
Total Equity	2 019 000	1 642 000	811 000	361 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 780 000	4 233 000	3 448 000	883 000
Expenditure	4 231 000	3 168 000	2 868 000	451 000
Operating Profit	549 000	1 066 000	579 000	432 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	2 000	2 000	3 000	0
Financial Balance	−1 000	−1 000	−2 000	0
Earnings Before Tax	548 000	1 065 000	577 000	432 000
Tax	171 000	234 000	127 000	95 000
Net Income	377 000	831 000	450 000	337 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	38 000	0	0
Total Current Assets	3 083 000	2 756 000	1 352 000	603 000
Total Assets	3 111 000	2 793 000	1 352 000	603 000
Total Retained Equity	1 989 000	1 612 000	781 000	331 000
Total Equity	2 019 000	1 642 000	811 000	361 000
Total Long-Term Debt	4 000	7 000	0	0
Total Current Debt	1 088 000	1 144 000	541 000	242 000
Total Equity and Debt	3 111 000	2 793 000	1 352 000	603 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 780 000	4 233 000	3 440 000	883 000
Other Income	0	0	8 000	0
Revenue	4 780 000	4 233 000	3 448 000	883 000
Cost of Goods Sold	1 156 000	820 000	1 242 000	313 000
Salary Costs	2 497 000	2 012 000	1 384 000	133 000
Depreciation	9 000	8 000	0	0
Impairment	0	0	0	0
Expenditure	4 231 000	3 168 000	2 868 000	451 000
Operating Profit	549 000	1 066 000	579 000	432 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	2 000	2 000	3 000	0
Financial Balance	−1 000	−1 000	−2 000	0
Dividends	0	0	0	0
Net Income	377 000	831 000	450 000	337 000

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	29 000	38 000	0	0
Total Tangible Assets	29 000	38 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 000	38 000	0	0
Stock	0	5 000	5 000	5 000
Total Investments	1 000 000	500 000	0	0
Cash, Bank	519 000	812 000	608 000	206 000
Total Current Assets	3 083 000	2 756 000	1 352 000	603 000
Total Assets	3 111 000	2 793 000	1 352 000	603 000
Total Equity	2 019 000	1 642 000	811 000	361 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	7 000	0	0
Creditors	217 000	96 000	14 000	0
Unpaid Taxes	536 000	478 000	270 000	134 000
Dividends	0	0	0	0
Other Current Debt	157 000	343 000	130 000	12 000
Total Current Debt	1 088 000	1 144 000	541 000	242 000
Total Equity and Debt	3 111 000	2 793 000	1 352 000	603 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,67 %	50,61 %	55,49 %	93,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,49 %	25,18 %	16,79 %	48,92 %
Current Ratio	2,83	2,41	2,5	2,49
Quick Ratio	2,83	2,42	2,52	2,54
Equity Ratio	0,65	0,59	0,6	0,6
Gross Profit Margin	75,82 %	80,63 %	63,98 %	64,55 %