ELEKTROVERKSTEDET AS

4621 KRISTIANSAND S

Finances

Return on Equity

−17,85 %

Current Ratio

1,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 673 000	11 713 000	11 344 000	10 054 000
Net Income	−166 000	−96 000	342 000	−204 000
Total Assets	3 230 000	2 864 000	2 844 000	2 247 000
Total Equity	930 000	1 095 000	1 268 000	926 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 673 000	11 713 000	11 344 000	10 054 000
Expenditure	12 895 000	11 839 000	10 919 000	10 331 000
Operating Profit	−223 000	−126 000	425 000	−276 000
Financial Income	11 000	4 000	15 000	18 000
Financial Costs	1 000	1 000	1 000	4 000
Financial Balance	10 000	3 000	14 000	14 000
Earnings Before Tax	−212 000	−123 000	439 000	−262 000
Tax	−47 000	−27 000	96 000	−58 000
Net Income	−166 000	−96 000	342 000	−204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	365 000	404 000	286 000	362 000
Total Current Assets	2 865 000	2 460 000	2 557 000	1 885 000
Total Assets	3 230 000	2 864 000	2 844 000	2 247 000
Total Retained Equity	162 000	328 000	500 000	158 000
Total Equity	930 000	1 095 000	1 268 000	926 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 300 000	1 769 000	1 576 000	1 322 000
Total Equity and Debt	3 230 000	2 864 000	2 844 000	2 247 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 673 000	11 713 000	11 344 000	10 054 000
Other Income	0	0	0	0
Revenue	12 673 000	11 713 000	11 344 000	10 054 000
Cost of Goods Sold	5 137 000	4 328 000	3 878 000	3 133 000
Salary Costs	5 245 000	5 201 000	4 874 000	4 873 000
Depreciation	86 000	65 000	54 000	72 000
Impairment	0	0	0	0
Expenditure	12 895 000	11 839 000	10 919 000	10 331 000
Operating Profit	−223 000	−126 000	425 000	−276 000
Financial Income	11 000	4 000	15 000	18 000
Financial Costs	1 000	1 000	1 000	4 000
Financial Balance	10 000	3 000	14 000	14 000
Dividends	0	0	0	0
Net Income	−166 000	−96 000	342 000	−204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	107 000	60 000	33 000	87 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	254 000	340 000	249 000	265 000
Total Tangible Assets	254 000	340 000	249 000	265 000
Total Fiancial Fixed Assets	4 000	4 000	4 000	10 000
Total Fixed Assets	365 000	404 000	286 000	362 000
Stock	558 000	608 000	399 000	479 000
Total Investments	0	0	0	0
Cash, Bank	940 000	701 000	1 320 000	642 000
Total Current Assets	2 865 000	2 460 000	2 557 000	1 885 000
Total Assets	3 230 000	2 864 000	2 844 000	2 247 000
Total Equity	930 000	1 095 000	1 268 000	926 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	997 000	636 000	506 000	381 000
Unpaid Taxes	589 000	511 000	538 000	464 000
Dividends	0	0	0	0
Other Current Debt	715 000	622 000	490 000	477 000
Total Current Debt	2 300 000	1 769 000	1 576 000	1 322 000
Total Equity and Debt	3 230 000	2 864 000	2 844 000	2 247 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,85 %	−8,77 %	26,97 %	−22,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,76 %	−1,08 %	3,75 %	−2,75 %
Current Ratio	1,25	1,39	1,62	1,43
Quick Ratio	1,64	2,12	2,17	2,24
Equity Ratio	0,29	0,38	0,45	0,41
Gross Profit Margin	59,47 %	63,05 %	65,81 %	68,84 %