NORELCO AS ELEKTRO ENTREPRENØR

0671 OSLO

Finances

Share Ownership

Return on Equity

52,28 %

Current Ratio

3,26

Debt-to-Equity Ratio

3,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 090 000	17 066 000	16 670 000	19 446 000
Net Income	1 170 000	2 365 000	409 000	2 321 000
Total Assets	13 059 000	12 780 000	11 239 000	12 190 000
Total Equity	2 238 000	8 568 000	7 203 000	7 793 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 090 000	17 066 000	16 670 000	19 446 000
Expenditure	14 600 000	14 030 000	16 169 000	16 461 000
Operating Profit	1 490 000	3 037 000	502 000	2 986 000
Financial Income	12 000	3 000	25 000	5 000
Financial Costs	1 000	7 000	0	10 000
Financial Balance	11 000	−4 000	25 000	−5 000
Earnings Before Tax	1 501 000	3 033 000	528 000	2 982 000
Tax	330 000	668 000	118 000	661 000
Net Income	1 170 000	2 365 000	409 000	2 321 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	176 000	179 000	280 000	373 000
Total Current Assets	12 883 000	12 601 000	10 959 000	11 817 000
Total Assets	13 059 000	12 780 000	11 239 000	12 190 000
Total Retained Equity	2 138 000	8 468 000	7 103 000	7 693 000
Total Equity	2 238 000	8 568 000	7 203 000	7 793 000
Total Long-Term Debt	6 870 000	0	0	0
Total Current Debt	3 951 000	4 212 000	4 037 000	4 397 000
Total Equity and Debt	13 059 000	12 780 000	11 239 000	12 190 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 090 000	17 066 000	16 670 000	19 446 000
Other Income	0	0	0	0
Revenue	16 090 000	17 066 000	16 670 000	19 446 000
Cost of Goods Sold	5 105 000	4 929 000	7 457 000	6 632 000
Salary Costs	7 539 000	7 120 000	6 704 000	6 740 000
Depreciation	0	17 000	43 000	44 000
Impairment	0	0	0	0
Expenditure	14 600 000	14 030 000	16 169 000	16 461 000
Operating Profit	1 490 000	3 037 000	502 000	2 986 000
Financial Income	12 000	3 000	25 000	5 000
Financial Costs	1 000	7 000	0	10 000
Financial Balance	11 000	−4 000	25 000	−5 000
Dividends	0	0	0	0
Net Income	1 170 000	2 365 000	409 000	2 321 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	176 000	179 000	176 000	176 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	17 000	60 000
Total Tangible Assets	0	0	17 000	60 000
Total Fiancial Fixed Assets	0	0	88 000	138 000
Total Fixed Assets	176 000	179 000	280 000	373 000
Stock	50 000	50 000	50 000	50 000
Total Investments	0	0	0	0
Cash, Bank	4 723 000	3 788 000	3 613 000	4 081 000
Total Current Assets	12 883 000	12 601 000	10 959 000	11 817 000
Total Assets	13 059 000	12 780 000	11 239 000	12 190 000
Total Equity	2 238 000	8 568 000	7 203 000	7 793 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 870 000	0	0	0
Creditors	1 206 000	563 000	715 000	1 177 000
Unpaid Taxes	1 656 000	2 266 000	1 861 000	1 422 000
Dividends	0	0	0	0
Other Current Debt	762 000	713 000	1 342 000	1 138 000
Total Current Debt	3 951 000	4 212 000	4 037 000	4 397 000
Total Equity and Debt	13 059 000	12 780 000	11 239 000	12 190 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,28 %	27,6 %	5,68 %	29,78 %
Debt-to-Equity Ratio	3,07	0	0	0
Operating Profit Margin	9,26 %	17,8 %	3,01 %	15,36 %
Current Ratio	3,26	2,99	2,71	2,69
Quick Ratio	3,3	3,03	2,75	2,72
Equity Ratio	0,17	0,67	0,64	0,64
Gross Profit Margin	68,27 %	71,12 %	55,27 %	65,9 %