ØYGARDEN ELEKTRISKE AS

5363 ÅGOTNES

Finances

Return on Equity

46,84 %

Current Ratio

1,16

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	31 503 000	27 358 000	26 658 000	31 135 000
Net Income	704 000	−656 000	217 000	501 000
Total Assets	10 026 000	7 566 000	10 224 000	8 701 000
Total Equity	1 503 000	799 000	1 455 000	1 238 000

Income (NOK)	2022	2021	2020	2019
Revenue	31 503 000	27 358 000	26 658 000	31 135 000
Expenditure	30 777 000	27 983 000	26 309 000	30 462 000
Operating Profit	726 000	−624 000	348 000	674 000
Financial Income	68 000	17 000	17 000	12 000
Financial Costs	91 000	49 000	41 000	37 000
Financial Balance	−23 000	−32 000	−24 000	−25 000
Earnings Before Tax	704 000	−656 000	324 000	650 000
Tax	0	0	107 000	149 000
Net Income	704 000	−656 000	217 000	501 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	159 000	248 000	322 000	351 000
Total Current Assets	9 866 000	7 318 000	9 902 000	8 350 000
Total Assets	10 026 000	7 566 000	10 224 000	8 701 000
Total Retained Equity	518 000	−185 000	470 000	253 000
Total Equity	1 503 000	799 000	1 455 000	1 238 000
Total Long-Term Debt	0	900 000	900 000	900 000
Total Current Debt	8 523 000	5 867 000	7 869 000	6 563 000
Total Equity and Debt	10 026 000	7 566 000	10 224 000	8 701 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 760 000	27 073 000	26 493 000	31 135 000
Other Income	−257 000	285 000	165 000	0
Revenue	31 503 000	27 358 000	26 658 000	31 135 000
Cost of Goods Sold	11 546 000	10 130 000	9 848 000	13 485 000
Salary Costs	15 164 000	13 735 000	12 860 000	13 285 000
Depreciation	89 000	72 000	97 000	83 000
Impairment	0	0	0	0
Expenditure	30 777 000	27 983 000	26 309 000	30 462 000
Operating Profit	726 000	−624 000	348 000	674 000
Financial Income	68 000	17 000	17 000	12 000
Financial Costs	91 000	49 000	41 000	37 000
Financial Balance	−23 000	−32 000	−24 000	−25 000
Dividends	0	0	0	0
Net Income	704 000	−656 000	217 000	501 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	79 000	100 000	129 000	71 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	71 000	139 000	182 000	200 000
Total Tangible Assets	149 000	238 000	310 000	271 000
Total Fiancial Fixed Assets	10 000	10 000	11 000	80 000
Total Fixed Assets	159 000	248 000	322 000	351 000
Stock	1 754 000	1 234 000	1 289 000	1 033 000
Total Investments	0	0	0	0
Cash, Bank	1 751 000	1 610 000	1 651 000	2 325 000
Total Current Assets	9 866 000	7 318 000	9 902 000	8 350 000
Total Assets	10 026 000	7 566 000	10 224 000	8 701 000
Total Equity	1 503 000	799 000	1 455 000	1 238 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	900 000	900 000	900 000
Creditors	1 850 000	949 000	1 344 000	1 737 000
Unpaid Taxes	2 226 000	1 910 000	1 888 000	1 653 000
Dividends	0	0	0	0
Other Current Debt	3 037 000	2 684 000	2 743 000	3 116 000
Total Current Debt	8 523 000	5 867 000	7 869 000	6 563 000
Total Equity and Debt	10 026 000	7 566 000	10 224 000	8 701 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,84 %	−82,1 %	14,91 %	40,47 %
Debt-to-Equity Ratio	0	1,13	0,62	0,73
Operating Profit Margin	2,3 %	−2,28 %	1,31 %	2,16 %
Current Ratio	1,16	1,25	1,26	1,27
Quick Ratio	1,46	1,58	1,5	1,51
Equity Ratio	0,15	0,11	0,14	0,14
Gross Profit Margin	63,35 %	62,97 %	63,06 %	56,69 %