ÅLESUND ELEKTRO AS

6005 ÅLESUND

Finances

Return on Equity

10,73 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 142 000	13 955 000	14 581 000	14 360 000
Net Income	401 000	246 000	295 000	420 000
Total Assets	8 828 000	7 385 000	7 190 000	6 529 000
Total Equity	3 737 000	4 027 000	3 781 000	3 487 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 142 000	13 955 000	14 581 000	14 360 000
Expenditure	16 708 000	13 691 000	14 272 000	13 715 000
Operating Profit	434 000	265 000	308 000	645 000
Financial Income	212 000	188 000	181 000	181 000
Financial Costs	124 000	131 000	104 000	278 000
Financial Balance	88 000	57 000	77 000	−97 000
Earnings Before Tax	523 000	322 000	385 000	548 000
Tax	121 000	76 000	90 000	128 000
Net Income	401 000	246 000	295 000	420 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	523 000	533 000	632 000	604 000
Total Current Assets	8 306 000	6 852 000	6 558 000	5 925 000
Total Assets	8 828 000	7 385 000	7 190 000	6 529 000
Total Retained Equity	2 285 000	2 575 000	2 329 000	2 034 000
Total Equity	3 737 000	4 027 000	3 781 000	3 487 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 091 000	3 358 000	3 409 000	3 042 000
Total Equity and Debt	8 828 000	7 385 000	7 190 000	6 529 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 142 000	13 955 000	14 500 000	14 292 000
Other Income	0	0	81 000	68 000
Revenue	17 142 000	13 955 000	14 581 000	14 360 000
Cost of Goods Sold	6 765 000	4 501 000	5 381 000	4 754 000
Salary Costs	6 900 000	6 753 000	6 661 000	6 753 000
Depreciation	4 000	4 000	4 000	52 000
Impairment	0	0	0	0
Expenditure	16 708 000	13 691 000	14 272 000	13 715 000
Operating Profit	434 000	265 000	308 000	645 000
Financial Income	212 000	188 000	181 000	181 000
Financial Costs	124 000	131 000	104 000	278 000
Financial Balance	88 000	57 000	77 000	−97 000
Dividends	0	0	0	0
Net Income	401 000	246 000	295 000	420 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	153 000	79 000	155 000	245 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	8 000	12 000	17 000	21 000
Fixtures	0	0	0	0
Total Tangible Assets	8 000	12 000	17 000	21 000
Total Fiancial Fixed Assets	362 000	442 000	461 000	339 000
Total Fixed Assets	523 000	533 000	632 000	604 000
Stock	361 000	486 000	301 000	291 000
Total Investments	0	0	0	0
Cash, Bank	236 000	244 000	299 000	222 000
Total Current Assets	8 306 000	6 852 000	6 558 000	5 925 000
Total Assets	8 828 000	7 385 000	7 190 000	6 529 000
Total Equity	3 737 000	4 027 000	3 781 000	3 487 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 730 000	1 053 000	1 717 000	905 000
Unpaid Taxes	1 009 000	1 079 000	898 000	922 000
Dividends	0	0	0	0
Other Current Debt	1 199 000	818 000	794 000	795 000
Total Current Debt	5 091 000	3 358 000	3 409 000	3 042 000
Total Equity and Debt	8 828 000	7 385 000	7 190 000	6 529 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,73 %	6,11 %	7,8 %	12,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,53 %	1,9 %	2,11 %	4,49 %
Current Ratio	1,63	2,04	1,92	1,95
Quick Ratio	1,76	2,39	2,11	2,15
Equity Ratio	0,42	0,55	0,53	0,53
Gross Profit Margin	60,54 %	67,75 %	63,1 %	66,89 %