ZENITH ELEKTRO AS

6030 LANGEVÅG

Finances

Return on Equity

49,86 %

Current Ratio

1,25

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	72 581 000	61 803 000	86 749 000	64 347 000
Net Income	4 092 000	3 756 000	5 160 000	3 269 000
Total Assets	38 973 000	30 105 000	30 153 000	30 267 000
Total Equity	8 207 000	7 116 000	6 359 000	5 199 000

Income (NOK)	2022	2021	2020	2019
Revenue	72 581 000	61 803 000	86 749 000	64 347 000
Expenditure	66 880 000	56 713 000	79 683 000	59 702 000
Operating Profit	5 701 000	5 089 000	7 066 000	4 644 000
Financial Income	121 000	112 000	83 000	105 000
Financial Costs	588 000	396 000	512 000	568 000
Financial Balance	−467 000	−284 000	−429 000	−463 000
Earnings Before Tax	5 234 000	4 805 000	6 637 000	4 181 000
Tax	1 142 000	1 049 000	1 477 000	913 000
Net Income	4 092 000	3 756 000	5 160 000	3 269 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 218 000	1 887 000	1 195 000	1 550 000
Total Current Assets	36 755 000	28 219 000	28 957 000	28 716 000
Total Assets	38 973 000	30 105 000	30 153 000	30 267 000
Total Retained Equity	7 707 000	6 616 000	5 859 000	4 699 000
Total Equity	8 207 000	7 116 000	6 359 000	5 199 000
Total Long-Term Debt	1 437 000	1 244 000	601 000	797 000
Total Current Debt	29 329 000	21 745 000	23 192 000	24 270 000
Total Equity and Debt	38 973 000	30 105 000	30 153 000	30 267 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 581 000	61 803 000	86 749 000	64 347 000
Other Income	0	0	0	0
Revenue	72 581 000	61 803 000	86 749 000	64 347 000
Cost of Goods Sold	21 062 000	17 610 000	41 059 000	20 473 000
Salary Costs	38 385 000	31 736 000	30 749 000	31 954 000
Depreciation	332 000	202 000	396 000	464 000
Impairment	0	0	0	0
Expenditure	66 880 000	56 713 000	79 683 000	59 702 000
Operating Profit	5 701 000	5 089 000	7 066 000	4 644 000
Financial Income	121 000	112 000	83 000	105 000
Financial Costs	588 000	396 000	512 000	568 000
Financial Balance	−467 000	−284 000	−429 000	−463 000
Dividends	3 000 000	3 000 000	4 000 000	2 500 000
Net Income	4 092 000	3 756 000	5 160 000	3 269 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	98 000	87 000	123 000	103 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	152 000	221 000	274 000	374 000
Fixtures	1 891 000	1 502 000	721 000	996 000
Total Tangible Assets	2 043 000	1 723 000	995 000	1 370 000
Total Fiancial Fixed Assets	77 000	77 000	77 000	77 000
Total Fixed Assets	2 218 000	1 887 000	1 195 000	1 550 000
Stock	5 911 000	4 879 000	4 438 000	3 973 000
Total Investments	0	0	0	0
Cash, Bank	1 535 000	1 402 000	1 801 000	2 353 000
Total Current Assets	36 755 000	28 219 000	28 957 000	28 716 000
Total Assets	38 973 000	30 105 000	30 153 000	30 267 000
Total Equity	8 207 000	7 116 000	6 359 000	5 199 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 437 000	1 244 000	601 000	797 000
Creditors	6 999 000	4 792 000	4 204 000	6 440 000
Unpaid Taxes	5 856 000	4 386 000	4 836 000	4 234 000
Dividends	3 000 000	3 000 000	4 000 000	2 500 000
Other Current Debt	8 470 000	5 665 000	5 989 000	5 359 000
Total Current Debt	29 329 000	21 745 000	23 192 000	24 270 000
Total Equity and Debt	38 973 000	30 105 000	30 153 000	30 267 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,86 %	52,78 %	81,14 %	62,88 %
Debt-to-Equity Ratio	0,18	0,17	0,09	0,15
Operating Profit Margin	7,85 %	8,23 %	8,15 %	7,22 %
Current Ratio	1,25	1,3	1,25	1,18
Quick Ratio	1,57	1,67	1,54	1,41
Equity Ratio	0,21	0,24	0,21	0,17
Gross Profit Margin	70,98 %	71,51 %	52,67 %	68,18 %