MILJØ ELEKTRO AS

4321 SANDNES

Finances

Return on Equity

56,39 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	43 079 000	63 556 000	42 075 000	37 290 000
Net Income	1 756 000	1 513 000	6 428 000	4 311 000
Total Assets	13 131 000	15 061 000	25 941 000	18 919 000
Total Equity	3 114 000	2 357 000	3 996 000	4 069 000

Income (NOK)	2022	2021	2020	2019
Revenue	43 079 000	63 556 000	42 075 000	37 290 000
Expenditure	40 860 000	61 476 000	34 085 000	32 020 000
Operating Profit	2 220 000	2 080 000	7 990 000	5 271 000
Financial Income	72 000	59 000	282 000	289 000
Financial Costs	50 000	209 000	29 000	33 000
Financial Balance	22 000	−150 000	253 000	256 000
Earnings Before Tax	2 242 000	1 930 000	8 242 000	5 527 000
Tax	485 000	417 000	1 815 000	1 216 000
Net Income	1 756 000	1 513 000	6 428 000	4 311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 106 000	397 000	372 000	528 000
Total Current Assets	12 025 000	14 664 000	25 570 000	18 391 000
Total Assets	13 131 000	15 061 000	25 941 000	18 919 000
Total Retained Equity	2 979 000	2 222 000	3 861 000	3 934 000
Total Equity	3 114 000	2 357 000	3 996 000	4 069 000
Total Long-Term Debt	0	623 000	206 000	0
Total Current Debt	10 017 000	12 080 000	21 739 000	14 850 000
Total Equity and Debt	13 131 000	15 061 000	25 941 000	18 919 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	43 079 000	63 521 000	42 057 000	37 235 000
Other Income	0	35 000	18 000	55 000
Revenue	43 079 000	63 556 000	42 075 000	37 290 000
Cost of Goods Sold	17 946 000	37 938 000	17 827 000	16 190 000
Salary Costs	18 192 000	19 526 000	12 967 000	12 874 000
Depreciation	278 000	149 000	82 000	68 000
Impairment	0	0	0	0
Expenditure	40 860 000	61 476 000	34 085 000	32 020 000
Operating Profit	2 220 000	2 080 000	7 990 000	5 271 000
Financial Income	72 000	59 000	282 000	289 000
Financial Costs	50 000	209 000	29 000	33 000
Financial Balance	22 000	−150 000	253 000	256 000
Dividends	1 000 000	3 152 000	6 500 000	0
Net Income	1 756 000	1 513 000	6 428 000	4 311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	98 000	0	0	84 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	920 000	283 000	216 000	242 000
Total Tangible Assets	920 000	283 000	216 000	242 000
Total Fiancial Fixed Assets	88 000	114 000	156 000	202 000
Total Fixed Assets	1 106 000	397 000	372 000	528 000
Stock	45 000	45 000	45 000	122 000
Total Investments	0	0	0	0
Cash, Bank	2 452 000	2 410 000	14 402 000	6 232 000
Total Current Assets	12 025 000	14 664 000	25 570 000	18 391 000
Total Assets	13 131 000	15 061 000	25 941 000	18 919 000
Total Equity	3 114 000	2 357 000	3 996 000	4 069 000
Short-Term Group Debt	0	0	0	275 000
Total Long-Term Debt	0	623 000	206 000	0
Creditors	1 419 000	4 979 000	2 848 000	1 546 000
Unpaid Taxes	2 746 000	3 409 000	2 562 000	1 587 000
Dividends	1 000 000	3 152 000	6 500 000	0
Other Current Debt	3 646 000	3 692 000	8 305 000	3 323 000
Total Current Debt	10 017 000	12 080 000	21 739 000	14 850 000
Total Equity and Debt	13 131 000	15 061 000	25 941 000	18 919 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,39 %	64,19 %	160,86 %	105,95 %
Debt-to-Equity Ratio	0	0,26	0,05	0
Operating Profit Margin	5,15 %	3,27 %	18,99 %	14,14 %
Current Ratio	1,2	1,21	1,18	1,24
Quick Ratio	1,21	1,22	1,18	1,25
Equity Ratio	0,24	0,16	0,15	0,22
Gross Profit Margin	58,34 %	40,31 %	57,63 %	56,58 %