ELEKTROTEKNIKK AS

3915 PORSGRUNN

Finances

Return on Equity

−12,73 %

Current Ratio

0,36

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	19 000	126 000	496 000
Net Income	−323 000	324 000	−487 000	−248 000
Total Assets	5 929 000	5 950 000	3 785 000	3 465 000
Total Equity	2 537 000	2 860 000	2 886 000	3 374 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	19 000	126 000	496 000
Expenditure	53 000	198 000	563 000	641 000
Operating Profit	−53 000	−178 000	−437 000	−145 000
Financial Income	0	542 000	2 000	2 000
Financial Costs	270 000	40 000	52 000	105 000
Financial Balance	−270 000	502 000	−50 000	−103 000
Earnings Before Tax	−323 000	324 000	−487 000	−248 000
Tax	0	0	0	0
Net Income	−323 000	324 000	−487 000	−248 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 714 000	4 723 000	2 146 000	2 509 000
Total Current Assets	1 215 000	1 228 000	1 638 000	955 000
Total Assets	5 929 000	5 950 000	3 785 000	3 465 000
Total Retained Equity	1 873 000	2 196 000	2 222 000	2 710 000
Total Equity	2 537 000	2 860 000	2 886 000	3 374 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 392 000	3 091 000	899 000	91 000
Total Equity and Debt	5 929 000	5 950 000	3 785 000	3 465 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	19 000	126 000	496 000
Other Income	0	0	0	0
Revenue	0	19 000	126 000	496 000
Cost of Goods Sold	3 000	29 000	54 000	313 000
Salary Costs	0	0	0	0
Depreciation	9 000	53 000	53 000	44 000
Impairment	0	0	0	0
Expenditure	53 000	198 000	563 000	641 000
Operating Profit	−53 000	−178 000	−437 000	−145 000
Financial Income	0	542 000	2 000	2 000
Financial Costs	270 000	40 000	52 000	105 000
Financial Balance	−270 000	502 000	−50 000	−103 000
Dividends	0	350 000	0	0
Net Income	−323 000	324 000	−487 000	−248 000

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	9 000	62 000	114 000
Total Tangible Assets	0	9 000	62 000	114 000
Total Fiancial Fixed Assets	4 714 000	4 714 000	2 085 000	2 395 000
Total Fixed Assets	4 714 000	4 723 000	2 146 000	2 509 000
Stock	0	0	10 000	24 000
Total Investments	324 000	0	0	0
Cash, Bank	366 000	221 000	1 049 000	217 000
Total Current Assets	1 215 000	1 228 000	1 638 000	955 000
Total Assets	5 929 000	5 950 000	3 785 000	3 465 000
Total Equity	2 537 000	2 860 000	2 886 000	3 374 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	0	0	2 000
Unpaid Taxes	0	0	6 000	0
Dividends	0	350 000	0	0
Other Current Debt	3 391 000	2 741 000	892 000	90 000
Total Current Debt	3 392 000	3 091 000	899 000	91 000
Total Equity and Debt	5 929 000	5 950 000	3 785 000	3 465 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,73 %	11,33 %	−16,87 %	−7,35 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−936,84 %	−346,83 %	−29,23 %
Current Ratio	0,36	0,4	1,82	10,49
Quick Ratio	0,36	0,4	1,84	14,25
Equity Ratio	0,43	0,48	0,76	0,97
Gross Profit Margin	-	−52,63 %	57,14 %	36,9 %