NET EL TORGET AS

5381 GLESVÆR

Finances

Share Ownership

Return on Equity

13,14 %

Current Ratio

2,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	62 981 000	50 008 000	45 249 000	44 147 000
Net Income	2 810 000	5 129 000	678 000	−1 695 000
Total Assets	32 743 000	27 174 000	28 259 000	32 149 000
Total Equity	21 380 000	18 570 000	13 931 000	5 253 000

Income (NOK)	2022	2021	2020	2019
Revenue	62 981 000	50 008 000	45 249 000	44 147 000
Expenditure	58 235 000	44 530 000	38 407 000	41 769 000
Operating Profit	4 746 000	5 478 000	6 842 000	2 377 000
Financial Income	1 055 000	1 644 000	3 431 000	4 339 000
Financial Costs	2 229 000	1 154 000	9 594 000	8 412 000
Financial Balance	−1 174 000	490 000	−6 163 000	−4 073 000
Earnings Before Tax	3 571 000	5 968 000	678 000	−1 695 000
Tax	761 000	839 000	0	0
Net Income	2 810 000	5 129 000	678 000	−1 695 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	30 000	0	212 000	352 000
Total Current Assets	32 713 000	27 174 000	28 047 000	31 797 000
Total Assets	32 743 000	27 174 000	28 259 000	32 149 000
Total Retained Equity	8 798 000	5 988 000	1 349 000	671 000
Total Equity	21 380 000	18 570 000	13 931 000	5 253 000
Total Long-Term Debt	0	313 000	6 742 000	17 385 000
Total Current Debt	11 363 000	8 291 000	7 586 000	9 511 000
Total Equity and Debt	32 743 000	27 174 000	28 259 000	32 149 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	62 882 000	49 904 000	44 995 000	44 025 000
Other Income	98 000	104 000	254 000	122 000
Revenue	62 981 000	50 008 000	45 249 000	44 147 000
Cost of Goods Sold	46 756 000	33 353 000	29 433 000	31 936 000
Salary Costs	7 635 000	6 049 000	3 784 000	4 688 000
Depreciation	2 000	112 000	140 000	143 000
Impairment	0	0	0	0
Expenditure	58 235 000	44 530 000	38 407 000	41 769 000
Operating Profit	4 746 000	5 478 000	6 842 000	2 377 000
Financial Income	1 055 000	1 644 000	3 431 000	4 339 000
Financial Costs	2 229 000	1 154 000	9 594 000	8 412 000
Financial Balance	−1 174 000	490 000	−6 163 000	−4 073 000
Dividends	0	0	0	0
Net Income	2 810 000	5 129 000	678 000	−1 695 000

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	30 000	0	212 000	352 000
Total Tangible Assets	30 000	0	212 000	352 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	30 000	0	212 000	352 000
Stock	13 241 000	12 685 000	13 475 000	18 462 000
Total Investments	3 169 000	1 565 000	1 565 000	1 565 000
Cash, Bank	6 817 000	1 694 000	1 606 000	93 000
Total Current Assets	32 713 000	27 174 000	28 047 000	31 797 000
Total Assets	32 743 000	27 174 000	28 259 000	32 149 000
Total Equity	21 380 000	18 570 000	13 931 000	5 253 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	313 000	6 742 000	17 385 000
Creditors	1 078 000	2 688 000	5 742 000	5 641 000
Unpaid Taxes	1 417 000	1 238 000	792 000	504 000
Dividends	0	0	0	0
Other Current Debt	1 369 000	1 441 000	1 052 000	1 243 000
Total Current Debt	11 363 000	8 291 000	7 586 000	9 511 000
Total Equity and Debt	32 743 000	27 174 000	28 259 000	32 149 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,14 %	27,62 %	4,87 %	−32,27 %
Debt-to-Equity Ratio	0	0,02	0,48	3,31
Operating Profit Margin	7,54 %	10,95 %	15,12 %	5,38 %
Current Ratio	2,88	3,28	3,7	3,34
Quick Ratio	−17,42	−6,18	−4,76	−3,55
Equity Ratio	0,65	0,68	0,49	0,16
Gross Profit Margin	25,76 %	33,3 %	34,95 %	27,66 %