ELEKTROSERVICE SKIEN AS

3740 SKIEN

Finances

Share Ownership

Return on Equity

82,09 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 095 000	1 522 000	81 000
Net Income	408 000	364 000	3 000
Total Assets	1 102 000	698 000	87 000
Total Equity	497 000	289 000	25 000

Income (NOK)	2022	2021	2020
Revenue	2 095 000	1 522 000	81 000
Expenditure	1 573 000	1 057 000	79 000
Operating Profit	522 000	465 000	3 000
Financial Income	1 000	0	0
Financial Costs	0	0	0
Financial Balance	1 000	0	0
Earnings Before Tax	523 000	465 000	3 000
Tax	115 000	101 000	0
Net Income	408 000	364 000	3 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	34 000	46 000	0
Total Current Assets	1 069 000	652 000	87 000
Total Assets	1 102 000	698 000	87 000
Total Retained Equity	475 000	267 000	3 000
Total Equity	497 000	289 000	25 000
Total Long-Term Debt	0	1 000	20 000
Total Current Debt	606 000	408 000	43 000
Total Equity and Debt	1 102 000	698 000	87 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 095 000	1 522 000	81 000
Other Income	0	0	0
Revenue	2 095 000	1 522 000	81 000
Cost of Goods Sold	778 000	475 000	31 000
Salary Costs	537 000	351 000	1 000
Depreciation	12 000	8 000	0
Impairment	0	0	0
Expenditure	1 573 000	1 057 000	79 000
Operating Profit	522 000	465 000	3 000
Financial Income	1 000	0	0
Financial Costs	0	0	0
Financial Balance	1 000	0	0
Dividends	200 000	100 000	0
Net Income	408 000	364 000	3 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	34 000	46 000	0
Total Tangible Assets	34 000	46 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	34 000	46 000	0
Stock	5 000	8 000	0
Total Investments	0	0	0
Cash, Bank	817 000	344 000	37 000
Total Current Assets	1 069 000	652 000	87 000
Total Assets	1 102 000	698 000	87 000
Total Equity	497 000	289 000	25 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	1 000	20 000
Creditors	73 000	79 000	41 000
Unpaid Taxes	167 000	93 000	0
Dividends	200 000	100 000	0
Other Current Debt	250 000	135 000	3 000
Total Current Debt	606 000	408 000	43 000
Total Equity and Debt	1 102 000	698 000	87 000

Financial indicators	2022	2021	2020
Return on Equity	82,09 %	125,95 %	12 %
Debt-to-Equity Ratio	0	0	0,8
Operating Profit Margin	24,92 %	30,55 %	3,7 %
Current Ratio	1,76	1,6	2,02
Quick Ratio	1,78	1,63	2,02
Equity Ratio	0,45	0,41	0,29
Gross Profit Margin	62,86 %	68,79 %	61,73 %