NORD-ØSTERDAL ELEKTROSERVICE AS

2560 ALVDAL

Finances

Return on Equity

12,25 %

Current Ratio

1,97

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 872 000	23 495 000	19 634 000	18 891 000
Net Income	578 000	509 000	792 000	395 000
Total Assets	11 593 000	10 555 000	8 259 000	7 715 000
Total Equity	4 720 000	4 287 000	3 778 000	3 186 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 872 000	23 495 000	19 634 000	18 891 000
Expenditure	24 034 000	22 757 000	18 563 000	18 291 000
Operating Profit	837 000	737 000	1 071 000	600 000
Financial Income	12 000	5 000	6 000	8 000
Financial Costs	104 000	80 000	57 000	95 000
Financial Balance	−92 000	−75 000	−51 000	−87 000
Earnings Before Tax	745 000	662 000	1 021 000	512 000
Tax	167 000	153 000	229 000	117 000
Net Income	578 000	509 000	792 000	395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 072 000	1 046 000	558 000	706 000
Total Current Assets	9 521 000	9 508 000	7 701 000	7 009 000
Total Assets	11 593 000	10 555 000	8 259 000	7 715 000
Total Retained Equity	3 205 000	2 772 000	2 263 000	1 671 000
Total Equity	4 720 000	4 287 000	3 778 000	3 186 000
Total Long-Term Debt	2 041 000	1 054 000	631 000	915 000
Total Current Debt	4 832 000	5 214 000	3 850 000	3 614 000
Total Equity and Debt	11 593 000	10 555 000	8 259 000	7 715 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 868 000	23 414 000	19 574 000	18 813 000
Other Income	4 000	81 000	60 000	78 000
Revenue	24 872 000	23 495 000	19 634 000	18 891 000
Cost of Goods Sold	10 309 000	10 181 000	6 969 000	6 515 000
Salary Costs	10 355 000	9 678 000	9 107 000	8 954 000
Depreciation	218 000	146 000	164 000	168 000
Impairment	0	0	0	0
Expenditure	24 034 000	22 757 000	18 563 000	18 291 000
Operating Profit	837 000	737 000	1 071 000	600 000
Financial Income	12 000	5 000	6 000	8 000
Financial Costs	104 000	80 000	57 000	95 000
Financial Balance	−92 000	−75 000	−51 000	−87 000
Dividends	145 000	0	200 000	0
Net Income	578 000	509 000	792 000	395 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	328 000	348 000	368 000	349 000
Real Eastate	50 000	50 000	50 000	50 000
Machinery and Plant Facilities	216 000	0	0	0
Fixtures	468 000	638 000	130 000	294 000
Total Tangible Assets	734 000	688 000	180 000	344 000
Total Fiancial Fixed Assets	1 010 000	10 000	10 000	13 000
Total Fixed Assets	2 072 000	1 046 000	558 000	706 000
Stock	3 662 000	3 487 000	3 199 000	3 073 000
Total Investments	0	0	0	0
Cash, Bank	385 000	543 000	408 000	437 000
Total Current Assets	9 521 000	9 508 000	7 701 000	7 009 000
Total Assets	11 593 000	10 555 000	8 259 000	7 715 000
Total Equity	4 720 000	4 287 000	3 778 000	3 186 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 041 000	1 054 000	631 000	915 000
Creditors	1 945 000	1 407 000	925 000	715 000
Unpaid Taxes	1 000 000	1 094 000	1 179 000	1 035 000
Dividends	145 000	0	200 000	0
Other Current Debt	1 284 000	1 168 000	1 299 000	1 059 000
Total Current Debt	4 832 000	5 214 000	3 850 000	3 614 000
Total Equity and Debt	11 593 000	10 555 000	8 259 000	7 715 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,25 %	11,87 %	20,96 %	12,4 %
Debt-to-Equity Ratio	0,43	0,25	0,17	0,29
Operating Profit Margin	3,37 %	3,14 %	5,45 %	3,18 %
Current Ratio	1,97	1,82	2	1,94
Quick Ratio	8,14	5,51	11,83	12,96
Equity Ratio	0,41	0,41	0,46	0,41
Gross Profit Margin	58,55 %	56,67 %	64,51 %	65,51 %