NORDFJORD ELCOM AS

6783 STRYN

Finances

Share Ownership

Return on Equity

26,96 %

Current Ratio

1,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	5 925 000	5 641 000	3 013 000
Net Income	446 000	1 115 000	63 000
Total Assets	2 588 000	3 224 000	2 077 000
Total Equity	1 654 000	1 208 000	93 000

Income (NOK)	2022	2021	2020
Revenue	5 925 000	5 641 000	3 013 000
Expenditure	5 370 000	4 212 000	2 882 000
Operating Profit	555 000	1 429 000	131 000
Financial Income	−4 000	−1 000	−1 000
Financial Costs	0	0	0
Financial Balance	−4 000	−1 000	−1 000
Earnings Before Tax	551 000	1 428 000	131 000
Tax	105 000	314 000	67 000
Net Income	446 000	1 115 000	63 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	784 000	450 000	550 000
Total Current Assets	1 805 000	2 774 000	1 527 000
Total Assets	2 588 000	3 224 000	2 077 000
Total Retained Equity	1 624 000	1 178 000	63 000
Total Equity	1 654 000	1 208 000	93 000
Total Long-Term Debt	0	0	0
Total Current Debt	934 000	2 016 000	1 983 000
Total Equity and Debt	2 588 000	3 224 000	2 077 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 925 000	5 641 000	3 013 000
Other Income	0	0	0
Revenue	5 925 000	5 641 000	3 013 000
Cost of Goods Sold	2 462 000	1 994 000	1 658 000
Salary Costs	2 392 000	1 828 000	1 122 000
Depreciation	195 000	100 000	30 000
Impairment	0	0	0
Expenditure	5 370 000	4 212 000	2 882 000
Operating Profit	555 000	1 429 000	131 000
Financial Income	−4 000	−1 000	−1 000
Financial Costs	0	0	0
Financial Balance	−4 000	−1 000	−1 000
Dividends	0	0	0
Net Income	446 000	1 115 000	63 000

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	784 000	450 000	550 000
Total Tangible Assets	784 000	450 000	550 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	784 000	450 000	550 000
Stock	280 000	241 000	60 000
Total Investments	0	0	0
Cash, Bank	250 000	1 176 000	881 000
Total Current Assets	1 805 000	2 774 000	1 527 000
Total Assets	2 588 000	3 224 000	2 077 000
Total Equity	1 654 000	1 208 000	93 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	131 000	134 000	142 000
Unpaid Taxes	214 000	289 000	493 000
Dividends	0	0	0
Other Current Debt	483 000	1 279 000	1 280 000
Total Current Debt	934 000	2 016 000	1 983 000
Total Equity and Debt	2 588 000	3 224 000	2 077 000

Financial indicators	2022	2021	2020
Return on Equity	26,96 %	92,3 %	67,74 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	9,37 %	25,33 %	4,35 %
Current Ratio	1,93	1,38	0,77
Quick Ratio	2,76	1,56	0,79
Equity Ratio	0,64	0,37	0,04
Gross Profit Margin	58,45 %	64,65 %	44,97 %