BIRKELAND ELEKTRO AS

4760 BIRKELAND

Finances

Return on Equity

53,86 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 827 000	12 780 000	12 602 000	11 887 000
Net Income	1 784 000	1 744 000	1 822 000	2 273 000
Total Assets	8 254 000	8 300 000	9 663 000	8 483 000
Total Equity	3 312 000	3 228 000	7 884 000	6 062 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 827 000	12 780 000	12 602 000	11 887 000
Expenditure	12 543 000	10 585 000	10 382 000	9 217 000
Operating Profit	2 285 000	2 194 000	2 220 000	2 670 000
Financial Income	38 000	33 000	95 000	196 000
Financial Costs	46 000	0	1 000	1 000
Financial Balance	−8 000	33 000	94 000	195 000
Earnings Before Tax	2 277 000	2 227 000	2 314 000	2 865 000
Tax	493 000	483 000	492 000	592 000
Net Income	1 784 000	1 744 000	1 822 000	2 273 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	691 000	689 000	863 000	659 000
Total Current Assets	7 563 000	7 612 000	8 800 000	7 825 000
Total Assets	8 254 000	8 300 000	9 663 000	8 483 000
Total Retained Equity	3 278 000	3 194 000	7 818 000	5 996 000
Total Equity	3 312 000	3 228 000	7 884 000	6 062 000
Total Long-Term Debt	0	2 409 000	0	0
Total Current Debt	4 942 000	2 663 000	1 779 000	2 421 000
Total Equity and Debt	8 254 000	8 300 000	9 663 000	8 483 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 786 000	12 664 000	12 602 000	11 884 000
Other Income	41 000	116 000	1 000	4 000
Revenue	14 827 000	12 780 000	12 602 000	11 887 000
Cost of Goods Sold	5 730 000	4 332 000	5 244 000	3 765 000
Salary Costs	5 069 000	4 800 000	4 145 000	4 305 000
Depreciation	5 000	9 000	5 000	0
Impairment	0	0	0	0
Expenditure	12 543 000	10 585 000	10 382 000	9 217 000
Operating Profit	2 285 000	2 194 000	2 220 000	2 670 000
Financial Income	38 000	33 000	95 000	196 000
Financial Costs	46 000	0	1 000	1 000
Financial Balance	−8 000	33 000	94 000	195 000
Dividends	1 700 000	0	0	0
Net Income	1 784 000	1 744 000	1 822 000	2 273 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	424 000	350 000	365 000	439 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	4 000	179 000	0
Fixtures	0	0	0	0
Total Tangible Assets	0	4 000	179 000	0
Total Fiancial Fixed Assets	267 000	335 000	319 000	220 000
Total Fixed Assets	691 000	689 000	863 000	659 000
Stock	517 000	290 000	260 000	340 000
Total Investments	0	0	0	0
Cash, Bank	2 273 000	2 194 000	4 846 000	3 128 000
Total Current Assets	7 563 000	7 612 000	8 800 000	7 825 000
Total Assets	8 254 000	8 300 000	9 663 000	8 483 000
Total Equity	3 312 000	3 228 000	7 884 000	6 062 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 409 000	0	0
Creditors	973 000	629 000	367 000	580 000
Unpaid Taxes	1 100 000	893 000	579 000	804 000
Dividends	1 700 000	0	0	0
Other Current Debt	654 000	674 000	415 000	449 000
Total Current Debt	4 942 000	2 663 000	1 779 000	2 421 000
Total Equity and Debt	8 254 000	8 300 000	9 663 000	8 483 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,86 %	54,03 %	23,11 %	37,5 %
Debt-to-Equity Ratio	0	0,75	0	0
Operating Profit Margin	15,41 %	17,17 %	17,62 %	22,46 %
Current Ratio	1,53	2,86	4,95	3,23
Quick Ratio	1,71	3,21	5,79	3,76
Equity Ratio	0,4	0,39	0,82	0,71
Gross Profit Margin	61,35 %	66,1 %	58,39 %	68,33 %