RICHARD ANDERSEN ELEKTRO AS

4841 ARENDAL

Finances

Share Ownership

Return on Equity

28,78 %

Current Ratio

3,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 923 000	16 305 000	14 210 000	12 516 000
Net Income	1 248 000	2 248 000	1 833 000	692 000
Total Assets	12 010 000	14 541 000	11 571 000	9 858 000
Total Equity	4 336 000	3 088 000	8 960 000	7 127 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 923 000	16 305 000	14 210 000	12 516 000
Expenditure	13 185 000	13 466 000	11 904 000	11 682 000
Operating Profit	1 738 000	2 838 000	2 306 000	835 000
Financial Income	55 000	46 000	49 000	55 000
Financial Costs	193 000	4 000	5 000	1 000
Financial Balance	−138 000	42 000	44 000	54 000
Earnings Before Tax	1 600 000	2 879 000	2 351 000	889 000
Tax	352 000	631 000	517 000	196 000
Net Income	1 248 000	2 248 000	1 833 000	692 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 789 000	1 271 000	1 432 000	1 657 000
Total Current Assets	10 221 000	13 270 000	10 139 000	8 201 000
Total Assets	12 010 000	14 541 000	11 571 000	9 858 000
Total Retained Equity	4 306 000	3 058 000	8 860 000	7 027 000
Total Equity	4 336 000	3 088 000	8 960 000	7 127 000
Total Long-Term Debt	4 353 000	8 161 000	0	78 000
Total Current Debt	3 320 000	3 291 000	2 610 000	2 653 000
Total Equity and Debt	12 010 000	14 541 000	11 571 000	9 858 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 833 000	16 305 000	14 210 000	12 516 000
Other Income	91 000	0	0	0
Revenue	14 923 000	16 305 000	14 210 000	12 516 000
Cost of Goods Sold	5 374 000	6 193 000	4 921 000	4 879 000
Salary Costs	5 657 000	5 534 000	4 961 000	4 674 000
Depreciation	238 000	168 000	258 000	285 000
Impairment	0	0	0	0
Expenditure	13 185 000	13 466 000	11 904 000	11 682 000
Operating Profit	1 738 000	2 838 000	2 306 000	835 000
Financial Income	55 000	46 000	49 000	55 000
Financial Costs	193 000	4 000	5 000	1 000
Financial Balance	−138 000	42 000	44 000	54 000
Dividends	0	0	0	300 000
Net Income	1 248 000	2 248 000	1 833 000	692 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	110 000	0	14 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 006 000	32 000	54 000	129 000
Total Tangible Assets	1 006 000	617 000	785 000	1 043 000
Total Fiancial Fixed Assets	673 000	654 000	633 000	614 000
Total Fixed Assets	1 789 000	1 271 000	1 432 000	1 657 000
Stock	3 158 000	2 639 000	2 473 000	2 054 000
Total Investments	0	0	0	0
Cash, Bank	3 433 000	7 065 000	4 875 000	3 159 000
Total Current Assets	10 221 000	13 270 000	10 139 000	8 201 000
Total Assets	12 010 000	14 541 000	11 571 000	9 858 000
Total Equity	4 336 000	3 088 000	8 960 000	7 127 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 353 000	8 161 000	0	78 000
Creditors	1 230 000	755 000	473 000	721 000
Unpaid Taxes	1 119 000	1 308 000	952 000	974 000
Dividends	0	0	0	300 000
Other Current Debt	510 000	597 000	575 000	513 000
Total Current Debt	3 320 000	3 291 000	2 610 000	2 653 000
Total Equity and Debt	12 010 000	14 541 000	11 571 000	9 858 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,78 %	72,8 %	20,46 %	9,71 %
Debt-to-Equity Ratio	1	2,64	0	0,01
Operating Profit Margin	11,65 %	17,41 %	16,23 %	6,67 %
Current Ratio	3,08	4,03	3,88	3,09
Quick Ratio	63,09	20,35	74,01	13,69
Equity Ratio	0,36	0,21	0,77	0,72
Gross Profit Margin	63,99 %	62,02 %	65,37 %	61,02 %