EURO ELEKTRO AS

0275 OSLO

Finances

Share Ownership

Return on Equity

17,27 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020
Revenue	4 117 000	4 202 000	2 957 000
Net Income	86 000	119 000	193 000
Total Assets	1 372 000	1 292 000	1 014 000
Total Equity	498 000	412 000	293 000

Income (NOK)	2022	2021	2020
Revenue	4 117 000	4 202 000	2 957 000
Expenditure	4 004 000	4 051 000	2 710 000
Operating Profit	114 000	152 000	247 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	114 000	152 000	247 000
Tax	28 000	33 000	54 000
Net Income	86 000	119 000	193 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	43 000	67 000	102 000
Total Current Assets	1 330 000	1 225 000	912 000
Total Assets	1 372 000	1 292 000	1 014 000
Total Retained Equity	398 000	312 000	193 000
Total Equity	498 000	412 000	293 000
Total Long-Term Debt	3 000	11 000	1 000
Total Current Debt	871 000	869 000	720 000
Total Equity and Debt	1 372 000	1 292 000	1 014 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 117 000	4 202 000	2 957 000
Other Income	0	0	0
Revenue	4 117 000	4 202 000	2 957 000
Cost of Goods Sold	1 368 000	1 497 000	829 000
Salary Costs	2 087 000	2 129 000	1 539 000
Depreciation	6 000	14 000	11 000
Impairment	0	0	0
Expenditure	4 004 000	4 051 000	2 710 000
Operating Profit	114 000	152 000	247 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	86 000	119 000	193 000

Balance details (NOK)	2022	2021	2020
Goodwill	8 000	12 000	16 000
Total Intangible Assets	8 000	12 000	16 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	20 000	22 000	32 000
Total Tangible Assets	20 000	22 000	32 000
Total Fiancial Fixed Assets	14 000	33 000	54 000
Total Fixed Assets	43 000	67 000	102 000
Stock	158 000	117 000	70 000
Total Investments	0	0	0
Cash, Bank	699 000	736 000	611 000
Total Current Assets	1 330 000	1 225 000	912 000
Total Assets	1 372 000	1 292 000	1 014 000
Total Equity	498 000	412 000	293 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	3 000	11 000	1 000
Creditors	310 000	259 000	223 000
Unpaid Taxes	199 000	180 000	181 000
Dividends	0	0	0
Other Current Debt	327 000	407 000	262 000
Total Current Debt	871 000	869 000	720 000
Total Equity and Debt	1 372 000	1 292 000	1 014 000

Financial indicators	2022	2021	2020
Return on Equity	17,27 %	28,88 %	65,87 %
Debt-to-Equity Ratio	0,01	0,03	0
Operating Profit Margin	2,77 %	3,62 %	8,35 %
Current Ratio	1,53	1,41	1,27
Quick Ratio	1,87	1,63	1,4
Equity Ratio	0,36	0,32	0,29
Gross Profit Margin	66,77 %	64,37 %	71,96 %