TT ELEKTRO AS

1353 BÆRUMS VERK

Finances

Return on Equity

25,62 %

Current Ratio

1,77

Debt-to-Equity Ratio

1,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 120 000	18 056 000	16 647 000	14 749 000
Net Income	1 053 000	1 095 000	1 006 000	1 119 000
Total Assets	14 355 000	11 548 000	9 178 000	8 202 000
Total Equity	4 110 000	3 757 000	3 162 000	2 906 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 120 000	18 056 000	16 647 000	14 749 000
Expenditure	19 817 000	16 830 000	15 540 000	13 501 000
Operating Profit	1 302 000	1 226 000	1 107 000	1 248 000
Financial Income	156 000	6 000	11 000	8 000
Financial Costs	221 000	138 000	112 000	137 000
Financial Balance	−65 000	−132 000	−101 000	−129 000
Earnings Before Tax	1 237 000	1 095 000	1 006 000	1 119 000
Tax	185 000	0	0	0
Net Income	1 053 000	1 095 000	1 006 000	1 119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 381 000	3 911 000	2 985 000	2 970 000
Total Current Assets	8 974 000	7 637 000	6 193 000	5 232 000
Total Assets	14 355 000	11 548 000	9 178 000	8 202 000
Total Retained Equity	2 110 000	1 757 000	1 162 000	906 000
Total Equity	4 110 000	3 757 000	3 162 000	2 906 000
Total Long-Term Debt	5 170 000	3 912 000	2 555 000	2 565 000
Total Current Debt	5 075 000	3 879 000	3 461 000	2 730 000
Total Equity and Debt	14 355 000	11 548 000	9 178 000	8 202 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 993 000	17 718 000	16 647 000	14 687 000
Other Income	127 000	338 000	0	62 000
Revenue	21 120 000	18 056 000	16 647 000	14 749 000
Cost of Goods Sold	4 770 000	4 436 000	4 199 000	3 390 000
Salary Costs	11 477 000	9 798 000	8 609 000	7 786 000
Depreciation	821 000	664 000	605 000	526 000
Impairment	0	0	0	0
Expenditure	19 817 000	16 830 000	15 540 000	13 501 000
Operating Profit	1 302 000	1 226 000	1 107 000	1 248 000
Financial Income	156 000	6 000	11 000	8 000
Financial Costs	221 000	138 000	112 000	137 000
Financial Balance	−65 000	−132 000	−101 000	−129 000
Dividends	0	0	0	0
Net Income	1 053 000	1 095 000	1 006 000	1 119 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 181 000	3 861 000	2 935 000	2 970 000
Total Tangible Assets	5 181 000	3 861 000	2 935 000	2 970 000
Total Fiancial Fixed Assets	200 000	50 000	50 000	0
Total Fixed Assets	5 381 000	3 911 000	2 985 000	2 970 000
Stock	937 000	801 000	593 000	486 000
Total Investments	2 000	2 000	2 000	2 000
Cash, Bank	1 729 000	1 544 000	1 262 000	1 574 000
Total Current Assets	8 974 000	7 637 000	6 193 000	5 232 000
Total Assets	14 355 000	11 548 000	9 178 000	8 202 000
Total Equity	4 110 000	3 757 000	3 162 000	2 906 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 170 000	3 912 000	2 555 000	2 565 000
Creditors	1 218 000	766 000	771 000	500 000
Unpaid Taxes	2 312 000	1 799 000	1 389 000	1 193 000
Dividends	0	0	0	0
Other Current Debt	1 544 000	1 315 000	1 301 000	1 037 000
Total Current Debt	5 075 000	3 879 000	3 461 000	2 730 000
Total Equity and Debt	14 355 000	11 548 000	9 178 000	8 202 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,62 %	29,15 %	31,82 %	38,51 %
Debt-to-Equity Ratio	1,26	1,04	0,81	0,88
Operating Profit Margin	6,16 %	6,79 %	6,65 %	8,46 %
Current Ratio	1,77	1,97	1,79	1,92
Quick Ratio	2,17	2,48	2,16	2,33
Equity Ratio	0,29	0,33	0,34	0,35
Gross Profit Margin	77,41 %	75,43 %	74,78 %	77,02 %