ELEKTROSERVICE ØRSTA AS

6150 ØRSTA

Finances

Return on Equity

17,24 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 379 000	25 553 000	25 840 000	22 191 000
Net Income	1 107 000	1 181 000	1 195 000	1 088 000
Total Assets	14 492 000	15 064 000	14 447 000	12 890 000
Total Equity	6 421 000	8 313 000	8 032 000	7 737 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 379 000	25 553 000	25 840 000	22 191 000
Expenditure	20 903 000	23 994 000	24 319 000	20 812 000
Operating Profit	475 000	1 559 000	1 521 000	1 379 000
Financial Income	807 000	23 000	41 000	50 000
Financial Costs	70 000	50 000	25 000	23 000
Financial Balance	737 000	−27 000	16 000	27 000
Earnings Before Tax	1 212 000	1 532 000	1 536 000	1 405 000
Tax	104 000	350 000	341 000	318 000
Net Income	1 107 000	1 181 000	1 195 000	1 088 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 674 000	3 988 000	3 759 000	3 895 000
Total Current Assets	11 818 000	11 077 000	10 688 000	8 995 000
Total Assets	14 492 000	15 064 000	14 447 000	12 890 000
Total Retained Equity	6 172 000	8 064 000	7 783 000	7 488 000
Total Equity	6 421 000	8 313 000	8 032 000	7 737 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 072 000	6 751 000	6 415 000	5 153 000
Total Equity and Debt	14 492 000	15 064 000	14 447 000	12 890 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 355 000	25 553 000	25 840 000	22 191 000
Other Income	25 000	0	0	0
Revenue	21 379 000	25 553 000	25 840 000	22 191 000
Cost of Goods Sold	9 374 000	10 550 000	11 814 000	8 745 000
Salary Costs	8 889 000	10 262 000	9 683 000	9 054 000
Depreciation	146 000	120 000	119 000	128 000
Impairment	0	0	0	0
Expenditure	20 903 000	23 994 000	24 319 000	20 812 000
Operating Profit	475 000	1 559 000	1 521 000	1 379 000
Financial Income	807 000	23 000	41 000	50 000
Financial Costs	70 000	50 000	25 000	23 000
Financial Balance	737 000	−27 000	16 000	27 000
Dividends	3 000 000	900 000	900 000	900 000
Net Income	1 107 000	1 181 000	1 195 000	1 088 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 000	46 000	70 000	57 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	383 000	482 000	204 000	323 000
Total Tangible Assets	383 000	482 000	204 000	323 000
Total Fiancial Fixed Assets	2 263 000	3 460 000	3 485 000	3 515 000
Total Fixed Assets	2 674 000	3 988 000	3 759 000	3 895 000
Stock	130 000	125 000	121 000	137 000
Total Investments	1 867 000	1 935 000	0	0
Cash, Bank	6 910 000	6 133 000	6 017 000	5 704 000
Total Current Assets	11 818 000	11 077 000	10 688 000	8 995 000
Total Assets	14 492 000	15 064 000	14 447 000	12 890 000
Total Equity	6 421 000	8 313 000	8 032 000	7 737 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 534 000	2 131 000	2 005 000	1 324 000
Unpaid Taxes	1 191 000	1 344 000	1 493 000	1 339 000
Dividends	3 000 000	900 000	900 000	900 000
Other Current Debt	1 260 000	2 050 000	1 663 000	1 281 000
Total Current Debt	8 072 000	6 751 000	6 415 000	5 153 000
Total Equity and Debt	14 492 000	15 064 000	14 447 000	12 890 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,24 %	14,21 %	14,88 %	14,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,22 %	6,1 %	5,89 %	6,21 %
Current Ratio	1,46	1,64	1,67	1,75
Quick Ratio	1,49	1,67	1,7	1,79
Equity Ratio	0,44	0,55	0,56	0,6
Gross Profit Margin	56,15 %	58,71 %	54,28 %	60,59 %