ELEKTROKURS AS

4306 SANDNES

Finances

Share Ownership

Return on Equity

11,93 %

Current Ratio

1,06

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	6 848 000	4 640 000	1 342 000
Net Income	21 000	12 000	112 000
Total Assets	1 529 000	1 189 000	329 000
Total Equity	176 000	155 000	142 000

Income (NOK)	2022	2021	2020
Revenue	6 848 000	4 640 000	1 342 000
Expenditure	6 820 000	4 622 000	1 197 000
Operating Profit	28 000	17 000	144 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Earnings Before Tax	27 000	16 000	144 000
Tax	6 000	4 000	32 000
Net Income	21 000	12 000	112 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	102 000	134 000	100 000
Total Current Assets	1 428 000	1 055 000	229 000
Total Assets	1 529 000	1 189 000	329 000
Total Retained Equity	146 000	125 000	112 000
Total Equity	176 000	155 000	142 000
Total Long-Term Debt	3 000	3 000	5 000
Total Current Debt	1 351 000	1 031 000	182 000
Total Equity and Debt	1 529 000	1 189 000	329 000

Cash flow (NOK)	2022	2021	2020
Sales Income	6 848 000	4 640 000	1 342 000
Other Income	0	0	0
Revenue	6 848 000	4 640 000	1 342 000
Cost of Goods Sold	2 785 000	2 399 000	761 000
Salary Costs	3 248 000	1 724 000	267 000
Depreciation	32 000	42 000	4 000
Impairment	0	0	0
Expenditure	6 820 000	4 622 000	1 197 000
Operating Profit	28 000	17 000	144 000
Financial Income	0	0	0
Financial Costs	0	1 000	0
Financial Balance	0	−1 000	0
Dividends	0	0	0
Net Income	21 000	12 000	112 000

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	102 000	134 000	100 000
Total Tangible Assets	102 000	134 000	100 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	102 000	134 000	100 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	867 000	80 000	207 000
Total Current Assets	1 428 000	1 055 000	229 000
Total Assets	1 529 000	1 189 000	329 000
Total Equity	176 000	155 000	142 000
Short-Term Group Debt	−49 000	175 000	0
Total Long-Term Debt	3 000	3 000	5 000
Creditors	194 000	207 000	43 000
Unpaid Taxes	415 000	386 000	68 000
Dividends	0	0	0
Other Current Debt	784 000	257 000	44 000
Total Current Debt	1 351 000	1 031 000	182 000
Total Equity and Debt	1 529 000	1 189 000	329 000

Financial indicators	2022	2021	2020
Return on Equity	11,93 %	7,74 %	78,87 %
Debt-to-Equity Ratio	0,02	0,02	0,04
Operating Profit Margin	0,41 %	0,37 %	10,73 %
Current Ratio	1,06	1,02	1,26
Quick Ratio	1,06	1,02	1,26
Equity Ratio	0,12	0,13	0,43
Gross Profit Margin	59,33 %	48,3 %	43,29 %