ELEKTRO UTVIKLING AS

7562 SAKSVIK

Finances

Share Ownership

Return on Equity

26,08 %

Current Ratio

5,47

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	332 000	152 000	217 000	140 000
Net Income	163 000	36 000	107 000	45 000
Total Assets	766 000	534 000	533 000	422 000
Total Equity	625 000	462 000	431 000	324 000

Income (NOK)	2022	2021	2020	2019
Revenue	332 000	152 000	217 000	140 000
Expenditure	128 000	108 000	83 000	84 000
Operating Profit	205 000	44 000	134 000	55 000
Financial Income	4 000	2 000	3 000	2 000
Financial Costs	0	0	0	0
Financial Balance	4 000	2 000	3 000	2 000
Earnings Before Tax	209 000	46 000	137 000	57 000
Tax	46 000	10 000	30 000	13 000
Net Income	163 000	36 000	107 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	766 000	534 000	533 000	422 000
Total Assets	766 000	534 000	533 000	422 000
Total Retained Equity	525 000	362 000	331 000	224 000
Total Equity	625 000	462 000	431 000	324 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	140 000	71 000	102 000	98 000
Total Equity and Debt	766 000	534 000	533 000	422 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	332 000	152 000	217 000	140 000
Other Income	0	0	0	0
Revenue	332 000	152 000	217 000	140 000
Cost of Goods Sold	54 000	35 000	24 000	16 000
Salary Costs	0	0	0	27 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	128 000	108 000	83 000	84 000
Operating Profit	205 000	44 000	134 000	55 000
Financial Income	4 000	2 000	3 000	2 000
Financial Costs	0	0	0	0
Financial Balance	4 000	2 000	3 000	2 000
Dividends	0	0	0	0
Net Income	163 000	36 000	107 000	45 000

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	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	751 000	534 000	505 000	358 000
Total Current Assets	766 000	534 000	533 000	422 000
Total Assets	766 000	534 000	533 000	422 000
Total Equity	625 000	462 000	431 000	324 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	1 000
Unpaid Taxes	37 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	57 000	61 000	72 000	84 000
Total Current Debt	140 000	71 000	102 000	98 000
Total Equity and Debt	766 000	534 000	533 000	422 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,08 %	7,79 %	24,83 %	13,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	61,75 %	28,95 %	61,75 %	39,29 %
Current Ratio	5,47	7,52	5,23	4,31
Quick Ratio	5,47	7,52	5,23	4,31
Equity Ratio	0,82	0,87	0,81	0,77
Gross Profit Margin	83,73 %	76,97 %	88,94 %	88,57 %