MJØS ELEKTRO AS

2821 GJØVIK

Finances

Return on Equity

14,73 %

Current Ratio

3,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 306 000	5 384 000	5 666 000	5 742 000
Net Income	500 000	1 245 000	1 062 000	913 000
Total Assets	4 552 000	4 273 000	4 371 000	5 231 000
Total Equity	3 395 000	2 896 000	2 854 000	3 798 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 306 000	5 384 000	5 666 000	5 742 000
Expenditure	4 252 000	4 468 000	4 644 000	4 658 000
Operating Profit	54 000	915 000	1 023 000	1 085 000
Financial Income	472 000	552 000	277 000	75 000
Financial Costs	6 000	1 000	6 000	5 000
Financial Balance	466 000	551 000	271 000	70 000
Earnings Before Tax	520 000	1 465 000	1 293 000	1 155 000
Tax	21 000	220 000	231 000	242 000
Net Income	500 000	1 245 000	1 062 000	913 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	64 000	90 000	121 000	151 000
Total Current Assets	4 488 000	4 182 000	4 250 000	5 081 000
Total Assets	4 552 000	4 273 000	4 371 000	5 231 000
Total Retained Equity	1 745 000	1 246 000	1 204 000	2 148 000
Total Equity	3 395 000	2 896 000	2 854 000	3 798 000
Total Long-Term Debt	0	3 000	5 000	4 000
Total Current Debt	1 157 000	1 374 000	1 512 000	1 429 000
Total Equity and Debt	4 552 000	4 273 000	4 371 000	5 231 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 306 000	5 384 000	5 666 000	5 742 000
Other Income	0	0	0	0
Revenue	4 306 000	5 384 000	5 666 000	5 742 000
Cost of Goods Sold	1 246 000	1 384 000	1 486 000	1 444 000
Salary Costs	2 291 000	2 422 000	2 381 000	2 572 000
Depreciation	30 000	30 000	30 000	38 000
Impairment	0	0	0	0
Expenditure	4 252 000	4 468 000	4 644 000	4 658 000
Operating Profit	54 000	915 000	1 023 000	1 085 000
Financial Income	472 000	552 000	277 000	75 000
Financial Costs	6 000	1 000	6 000	5 000
Financial Balance	466 000	551 000	271 000	70 000
Dividends	0	1 203 000	2 006 000	0
Net Income	500 000	1 245 000	1 062 000	913 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	60 000	90 000	121 000	151 000
Total Tangible Assets	60 000	90 000	121 000	151 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	64 000	90 000	121 000	151 000
Stock	220 000	240 000	230 000	266 000
Total Investments	2 202 000	1 844 000	1 364 000	1 419 000
Cash, Bank	1 357 000	1 514 000	1 866 000	2 682 000
Total Current Assets	4 488 000	4 182 000	4 250 000	5 081 000
Total Assets	4 552 000	4 273 000	4 371 000	5 231 000
Total Equity	3 395 000	2 896 000	2 854 000	3 798 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	5 000	4 000
Creditors	142 000	144 000	153 000	78 000
Unpaid Taxes	402 000	447 000	544 000	539 000
Dividends	0	1 203 000	2 006 000	0
Other Current Debt	585 000	561 000	583 000	571 000
Total Current Debt	1 157 000	1 374 000	1 512 000	1 429 000
Total Equity and Debt	4 552 000	4 273 000	4 371 000	5 231 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,73 %	42,99 %	37,21 %	24,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,25 %	16,99 %	18,06 %	18,9 %
Current Ratio	3,88	3,04	2,81	3,56
Quick Ratio	4,79	3,69	3,32	4,37
Equity Ratio	0,75	0,68	0,65	0,73
Gross Profit Margin	71,06 %	74,29 %	73,77 %	74,85 %