M4 ELEKTRO AS

4405 FLEKKEFJORD

Finances

Return on Equity

−11,38 %

Current Ratio

1,31

Debt-to-Equity Ratio

1,2

Key figures (NOK)	2022	2021	2020
Revenue	12 804 000	10 279 000	2 511 000
Net Income	−67 000	50 000	−389 000
Total Assets	4 121 000	3 842 000	2 025 000
Total Equity	589 000	656 000	606 000

Income (NOK)	2022	2021	2020
Revenue	12 804 000	10 279 000	2 511 000
Expenditure	12 845 000	10 180 000	2 999 000
Operating Profit	−41 000	99 000	−489 000
Financial Income	1 000	0	0
Financial Costs	45 000	35 000	11 000
Financial Balance	−44 000	−35 000	−11 000
Earnings Before Tax	−85 000	64 000	−500 000
Tax	−18 000	14 000	−111 000
Net Income	−67 000	50 000	−389 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	420 000	478 000	433 000
Total Current Assets	3 700 000	3 364 000	1 592 000
Total Assets	4 121 000	3 842 000	2 025 000
Total Retained Equity	−405 000	−339 000	−389 000
Total Equity	589 000	656 000	606 000
Total Long-Term Debt	709 000	841 000	476 000
Total Current Debt	2 823 000	2 345 000	943 000
Total Equity and Debt	4 121 000	3 842 000	2 025 000

Cash flow (NOK)	2022	2021	2020
Sales Income	12 804 000	10 278 000	2 511 000
Other Income	0	0	0
Revenue	12 804 000	10 279 000	2 511 000
Cost of Goods Sold	5 616 000	4 520 000	830 000
Salary Costs	5 048 000	3 894 000	1 472 000
Depreciation	110 000	96 000	23 000
Impairment	0	0	0
Expenditure	12 845 000	10 180 000	2 999 000
Operating Profit	−41 000	99 000	−489 000
Financial Income	1 000	0	0
Financial Costs	45 000	35 000	11 000
Financial Balance	−44 000	−35 000	−11 000
Dividends	0	0	0
Net Income	−67 000	50 000	−389 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	116 000	97 000	111 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	295 000	370 000	311 000
Total Tangible Assets	295 000	370 000	311 000
Total Fiancial Fixed Assets	10 000	10 000	10 000
Total Fixed Assets	420 000	478 000	433 000
Stock	1 167 000	617 000	326 000
Total Investments	0	0	0
Cash, Bank	186 000	160 000	526 000
Total Current Assets	3 700 000	3 364 000	1 592 000
Total Assets	4 121 000	3 842 000	2 025 000
Total Equity	589 000	656 000	606 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	709 000	841 000	476 000
Creditors	1 297 000	837 000	244 000
Unpaid Taxes	498 000	531 000	272 000
Dividends	0	0	0
Other Current Debt	958 000	977 000	427 000
Total Current Debt	2 823 000	2 345 000	943 000
Total Equity and Debt	4 121 000	3 842 000	2 025 000

Financial indicators	2022	2021	2020
Return on Equity	−11,38 %	7,62 %	−64,19 %
Debt-to-Equity Ratio	1,2	1,28	0,79
Operating Profit Margin	−0,32 %	0,96 %	−19,47 %
Current Ratio	1,31	1,43	1,69
Quick Ratio	2,23	1,95	2,58
Equity Ratio	0,14	0,17	0,3
Gross Profit Margin	56,14 %	56,03 %	66,95 %