NORSK ELEKTROTEKNISK KOMITE

0283 OSLO

Finances

Return on Equity

22,22 %

Current Ratio

8,38

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 991 000	35 033 000	28 628 000	27 071 000
Net Income	14 547 000	5 905 000	4 148 000	2 056 000
Total Assets	74 221 000	56 667 000	51 346 000	45 163 000
Total Equity	65 480 000	50 583 000	44 678 000	40 530 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 991 000	35 033 000	28 628 000	27 071 000
Expenditure	36 966 000	31 280 000	27 637 000	28 323 000
Operating Profit	16 024 000	3 754 000	991 000	−1 252 000
Financial Income	5 000	2 172 000	3 168 000	3 320 000
Financial Costs	1 483 000	21 000	12 000	12 000
Financial Balance	−1 478 000	2 151 000	3 156 000	3 308 000
Earnings Before Tax	14 547 000	5 905 000	4 148 000	2 056 000
Tax	0	0	0	0
Net Income	14 547 000	5 905 000	4 148 000	2 056 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	969 000	1 032 000	1 141 000	0
Total Current Assets	73 252 000	55 634 000	50 206 000	45 163 000
Total Assets	74 221 000	56 667 000	51 346 000	45 163 000
Total Retained Equity	0	50 583 000	44 678 000	40 530 000
Total Equity	65 480 000	50 583 000	44 678 000	40 530 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 741 000	6 083 000	6 668 000	4 632 000
Total Equity and Debt	74 221 000	56 667 000	51 346 000	45 162 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 140 000	25 387 000	19 675 000	17 799 000
Other Income	9 851 000	9 646 000	8 953 000	9 272 000
Revenue	52 991 000	35 033 000	28 628 000	27 071 000
Cost of Goods Sold	0	0	0	0
Salary Costs	21 337 000	18 315 000	16 509 000	16 788 000
Depreciation	158 000	147 000	25 000	0
Impairment	0	0	0	0
Expenditure	36 966 000	31 280 000	27 637 000	28 323 000
Operating Profit	16 024 000	3 754 000	991 000	−1 252 000
Financial Income	5 000	2 172 000	3 168 000	3 320 000
Financial Costs	1 483 000	21 000	12 000	12 000
Financial Balance	−1 478 000	2 151 000	3 156 000	3 308 000
Dividends	0	0	0	0
Net Income	14 547 000	5 905 000	4 148 000	2 056 000

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	369 000	432 000	541 000	0
Total Tangible Assets	369 000	432 000	541 000	0
Total Fiancial Fixed Assets	600 000	600 000	600 000	0
Total Fixed Assets	969 000	1 032 000	1 141 000	0
Stock	600 000	0	0	0
Total Investments	59 684 000	50 154 000	43 483 000	40 921 000
Cash, Bank	11 470 000	2 775 000	4 832 000	3 123 000
Total Current Assets	73 252 000	55 634 000	50 206 000	45 163 000
Total Assets	74 221 000	56 667 000	51 346 000	45 163 000
Total Equity	65 480 000	50 583 000	44 678 000	40 530 000
Short-Term Group Debt	0	3 065 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 221 000	1 084 000	843 000	1 259 000
Unpaid Taxes	2 400 000	1 934 000	1 640 000	1 315 000
Dividends	0	0	0	0
Other Current Debt	5 121 000	0	4 185 000	2 058 000
Total Current Debt	8 741 000	6 083 000	6 668 000	4 632 000
Total Equity and Debt	74 221 000	56 667 000	51 346 000	45 162 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,22 %	11,67 %	9,28 %	5,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,24 %	10,72 %	3,46 %	−4,62 %
Current Ratio	8,38	9,15	7,53	9,75
Quick Ratio	9	9,15	7,53	9,75
Equity Ratio	0,88	0,89	0,87	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %