ELEKTRO VERDEN AS

0679 OSLO

Finances

Share Ownership

Return on Equity

25,29 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	15 585 000	14 623 000	3 801 000
Net Income	568 000	887 000	760 000
Total Assets	4 622 000	4 021 000	2 270 000
Total Equity	2 246 000	1 677 000	790 000

Income (NOK)	2022	2021	2020
Revenue	15 585 000	14 623 000	3 801 000
Expenditure	14 861 000	13 476 000	2 826 000
Operating Profit	729 000	1 137 000	975 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Earnings Before Tax	728 000	1 137 000	975 000
Tax	160 000	250 000	214 000
Net Income	568 000	887 000	760 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	141 000	20 000	20 000
Total Current Assets	4 481 000	4 001 000	2 250 000
Total Assets	4 622 000	4 021 000	2 270 000
Total Retained Equity	2 216 000	1 647 000	760 000
Total Equity	2 246 000	1 677 000	790 000
Total Long-Term Debt	0	0	0
Total Current Debt	2 376 000	2 343 000	1 480 000
Total Equity and Debt	4 622 000	4 021 000	2 270 000

Cash flow (NOK)	2022	2021	2020
Sales Income	15 585 000	14 623 000	3 801 000
Other Income	0	0	0
Revenue	15 585 000	14 623 000	3 801 000
Cost of Goods Sold	4 786 000	4 772 000	1 174 000
Salary Costs	7 011 000	6 186 000	1 082 000
Depreciation	1 000	0	0
Impairment	0	0	0
Expenditure	14 861 000	13 476 000	2 826 000
Operating Profit	729 000	1 137 000	975 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Dividends	0	0	0
Net Income	568 000	887 000	760 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	105 000	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	16 000	0	0
Total Tangible Assets	16 000	0	0
Total Fiancial Fixed Assets	20 000	20 000	20 000
Total Fixed Assets	141 000	20 000	20 000
Stock	31 000	26 000	10 000
Total Investments	0	0	0
Cash, Bank	1 192 000	1 748 000	1 062 000
Total Current Assets	4 481 000	4 001 000	2 250 000
Total Assets	4 622 000	4 021 000	2 270 000
Total Equity	2 246 000	1 677 000	790 000
Short-Term Group Debt	0	140 000	200 000
Total Long-Term Debt	0	0	0
Creditors	56 000	230 000	98 000
Unpaid Taxes	957 000	728 000	420 000
Dividends	0	0	0
Other Current Debt	1 099 000	995 000	548 000
Total Current Debt	2 376 000	2 343 000	1 480 000
Total Equity and Debt	4 622 000	4 021 000	2 270 000

Financial indicators	2022	2021	2020
Return on Equity	25,29 %	52,89 %	96,2 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	4,68 %	7,78 %	25,65 %
Current Ratio	1,89	1,71	1,52
Quick Ratio	1,91	1,73	1,53
Equity Ratio	0,49	0,42	0,35
Gross Profit Margin	69,29 %	67,37 %	69,11 %