NORSK ELEKTRO OPTIKK AS

0667 OSLO

Finances

Return on Equity

3,72 %

Current Ratio

2,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	128 783 000	89 993 000	58 129 000	52 607 000
Net Income	3 936 000	15 489 000	−21 794 000	−52 624 000
Total Assets	154 784 000	126 299 000	109 423 000	82 844 000
Total Equity	105 925 000	101 989 000	86 500 000	68 024 000

Income (NOK)	2022	2021	2020	2019
Revenue	128 783 000	89 993 000	58 129 000	52 607 000
Expenditure	127 051 000	89 240 000	80 344 000	81 953 000
Operating Profit	1 733 000	753 000	−22 215 000	−29 347 000
Financial Income	6 146 000	10 115 000	1 633 000	937 000
Financial Costs	3 943 000	−4 621 000	1 334 000	12 563 000
Financial Balance	2 203 000	14 736 000	299 000	−11 626 000
Earnings Before Tax	3 936 000	15 489 000	−21 916 000	−40 973 000
Tax	0	0	−122 000	11 651 000
Net Income	3 936 000	15 489 000	−21 794 000	−52 624 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 598 000	41 758 000	44 636 000	37 400 000
Total Current Assets	102 186 000	84 540 000	64 787 000	45 444 000
Total Assets	154 784 000	126 299 000	109 423 000	82 844 000
Total Retained Equity	−22 757 000	−26 693 000	−42 182 000	−20 388 000
Total Equity	105 925 000	101 989 000	86 500 000	68 024 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	48 860 000	24 310 000	22 923 000	14 819 000
Total Equity and Debt	154 784 000	126 299 000	109 423 000	82 844 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	124 677 000	83 639 000	56 661 000	52 607 000
Other Income	4 106 000	6 354 000	1 467 000	0
Revenue	128 783 000	89 993 000	58 129 000	52 607 000
Cost of Goods Sold	53 860 000	38 974 000	23 740 000	29 316 000
Salary Costs	43 531 000	35 066 000	39 084 000	35 715 000
Depreciation	747 000	684 000	671 000	498 000
Impairment	0	0	0	0
Expenditure	127 051 000	89 240 000	80 344 000	81 953 000
Operating Profit	1 733 000	753 000	−22 215 000	−29 347 000
Financial Income	6 146 000	10 115 000	1 633 000	937 000
Financial Costs	3 943 000	−4 621 000	1 334 000	12 563 000
Financial Balance	2 203 000	14 736 000	299 000	−11 626 000
Dividends	0	0	0	0
Net Income	3 936 000	15 489 000	−21 794 000	−52 624 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	513 000	513 000	513 000	513 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 339 000	1 766 000	1 465 000	1 721 000
Total Tangible Assets	2 339 000	1 766 000	1 465 000	1 721 000
Total Fiancial Fixed Assets	49 747 000	39 479 000	42 657 000	35 166 000
Total Fixed Assets	52 598 000	41 758 000	44 636 000	37 400 000
Stock	56 849 000	30 139 000	23 387 000	13 526 000
Total Investments	0	0	0	0
Cash, Bank	7 232 000	21 217 000	14 409 000	7 023 000
Total Current Assets	102 186 000	84 540 000	64 787 000	45 444 000
Total Assets	154 784 000	126 299 000	109 423 000	82 844 000
Total Equity	105 925 000	101 989 000	86 500 000	68 024 000
Short-Term Group Debt	19 208 000	4 208 000	371 000	0
Total Long-Term Debt	0	0	0	0
Creditors	5 176 000	9 902 000	4 008 000	4 313 000
Unpaid Taxes	5 171 000	3 970 000	2 743 000	2 957 000
Dividends	0	0	0	0
Other Current Debt	19 305 000	6 229 000	15 799 000	7 549 000
Total Current Debt	48 860 000	24 310 000	22 923 000	14 819 000
Total Equity and Debt	154 784 000	126 299 000	109 423 000	82 844 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,72 %	15,19 %	−25,2 %	−77,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,35 %	0,84 %	−38,22 %	−55,79 %
Current Ratio	2,09	3,48	2,83	3,07
Quick Ratio	−12,79	−14,5	−139,63	35,15
Equity Ratio	0,68	0,81	0,79	0,82
Gross Profit Margin	58,18 %	56,69 %	59,16 %	44,27 %