ELTRO VVS AS

9016 TROMSØ

Finances

Share Ownership

Return on Equity

47,91 %

Current Ratio

2,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	5 098 000	3 470 000	2 147 000
Net Income	711 000	20 000	−231 000
Total Assets	2 216 000	1 105 000	1 361 000
Total Equity	1 484 000	773 000	754 000

Income (NOK)	2022	2021	2020
Revenue	5 098 000	3 470 000	2 147 000
Expenditure	4 246 000	3 449 000	2 378 000
Operating Profit	852 000	22 000	−231 000
Financial Income	5 000	0	0
Financial Costs	2 000	2 000	1 000
Financial Balance	3 000	−2 000	−1 000
Earnings Before Tax	855 000	20 000	−231 000
Tax	144 000	0	0
Net Income	711 000	20 000	−231 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	104 000	107 000	133 000
Total Current Assets	2 113 000	998 000	1 227 000
Total Assets	2 216 000	1 105 000	1 361 000
Total Retained Equity	499 000	−212 000	−231 000
Total Equity	1 484 000	773 000	754 000
Total Long-Term Debt	0	0	0
Total Current Debt	732 000	331 000	607 000
Total Equity and Debt	2 216 000	1 105 000	1 361 000

Cash flow (NOK)	2022	2021	2020
Sales Income	5 097 000	3 470 000	2 147 000
Other Income	0	0	0
Revenue	5 098 000	3 470 000	2 147 000
Cost of Goods Sold	1 681 000	1 503 000	1 190 000
Salary Costs	1 792 000	1 110 000	786 000
Depreciation	10 000	9 000	4 000
Impairment	0	0	0
Expenditure	4 246 000	3 449 000	2 378 000
Operating Profit	852 000	22 000	−231 000
Financial Income	5 000	0	0
Financial Costs	2 000	2 000	1 000
Financial Balance	3 000	−2 000	−1 000
Dividends	0	0	0
Net Income	711 000	20 000	−231 000

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	13 000	21 000
Total Tangible Assets	34 000	13 000	21 000
Total Fiancial Fixed Assets	70 000	94 000	112 000
Total Fixed Assets	104 000	107 000	133 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 581 000	547 000	997 000
Total Current Assets	2 113 000	998 000	1 227 000
Total Assets	2 216 000	1 105 000	1 361 000
Total Equity	1 484 000	773 000	754 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	106 000	131 000	408 000
Unpaid Taxes	283 000	82 000	115 000
Dividends	0	0	0
Other Current Debt	199 000	118 000	84 000
Total Current Debt	732 000	331 000	607 000
Total Equity and Debt	2 216 000	1 105 000	1 361 000

Financial indicators	2022	2021	2020
Return on Equity	47,91 %	2,59 %	−30,64 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	16,71 %	0,63 %	−10,76 %
Current Ratio	2,89	3,02	2,02
Quick Ratio	2,89	3,02	2,02
Equity Ratio	0,67	0,7	0,55
Gross Profit Margin	67,03 %	56,69 %	44,57 %