EL-TECHNIC AS

0579 OSLO

Finances

Share Ownership

Return on Equity

35,7 %

Current Ratio

5,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 518 000	11 307 000	9 885 000	9 915 000
Net Income	3 867 000	2 377 000	1 210 000	2 181 000
Total Assets	13 082 000	9 567 000	7 690 000	6 853 000
Total Equity	10 831 000	6 963 000	4 586 000	3 376 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 518 000	11 307 000	9 885 000	9 915 000
Expenditure	9 607 000	8 241 000	8 314 000	7 128 000
Operating Profit	4 912 000	3 066 000	1 571 000	2 787 000
Financial Income	49 000	16 000	27 000	37 000
Financial Costs	2 000	34 000	47 000	28 000
Financial Balance	47 000	−18 000	−20 000	9 000
Earnings Before Tax	4 958 000	3 048 000	1 551 000	2 796 000
Tax	1 091 000	670 000	341 000	616 000
Net Income	3 867 000	2 377 000	1 210 000	2 181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	13 082 000	9 567 000	7 690 000	6 853 000
Total Assets	13 082 000	9 567 000	7 690 000	6 853 000
Total Retained Equity	10 691 000	6 823 000	4 446 000	3 236 000
Total Equity	10 831 000	6 963 000	4 586 000	3 376 000
Total Long-Term Debt	0	3 000	6 000	−2 000
Total Current Debt	2 251 000	2 600 000	3 097 000	3 479 000
Total Equity and Debt	13 082 000	9 567 000	7 690 000	6 853 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 518 000	11 307 000	9 885 000	9 548 000
Other Income	0	0	0	367 000
Revenue	14 518 000	11 307 000	9 885 000	9 915 000
Cost of Goods Sold	5 264 000	4 571 000	4 501 000	4 768 000
Salary Costs	3 375 000	2 803 000	2 834 000	1 151 000
Depreciation	0	0	0	167 000
Impairment	0	0	0	0
Expenditure	9 607 000	8 241 000	8 314 000	7 128 000
Operating Profit	4 912 000	3 066 000	1 571 000	2 787 000
Financial Income	49 000	16 000	27 000	37 000
Financial Costs	2 000	34 000	47 000	28 000
Financial Balance	47 000	−18 000	−20 000	9 000
Dividends	0	0	0	747 000
Net Income	3 867 000	2 377 000	1 210 000	2 181 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	2 519 000	2 524 000	3 006 000	2 546 000
Total Investments	0	0	0	0
Cash, Bank	7 316 000	5 536 000	3 708 000	2 342 000
Total Current Assets	13 082 000	9 567 000	7 690 000	6 853 000
Total Assets	13 082 000	9 567 000	7 690 000	6 853 000
Total Equity	10 831 000	6 963 000	4 586 000	3 376 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	6 000	−2 000
Creditors	6 000	97 000	431 000	295 000
Unpaid Taxes	770 000	848 000	445 000	308 000
Dividends	0	0	0	747 000
Other Current Debt	382 000	981 000	1 890 000	1 551 000
Total Current Debt	2 251 000	2 600 000	3 097 000	3 479 000
Total Equity and Debt	13 082 000	9 567 000	7 690 000	6 853 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,7 %	34,14 %	26,38 %	64,6 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	33,83 %	27,12 %	15,89 %	28,11 %
Current Ratio	5,81	3,68	2,48	1,97
Quick Ratio	−48,81	125,88	84,51	7,35
Equity Ratio	0,83	0,73	0,6	0,49
Gross Profit Margin	63,74 %	59,57 %	54,47 %	51,91 %