JOSVANGER ELEKTRO AS

6869 HAFSLO

Finances

Return on Equity

36,25 %

Current Ratio

1,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 116 000	20 472 000	15 440 000	14 264 000
Net Income	2 697 000	1 560 000	712 000	1 148 000
Total Assets	14 396 000	14 294 000	12 820 000	8 984 000
Total Equity	7 440 000	6 143 000	5 383 000	5 171 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 116 000	20 472 000	15 440 000	14 264 000
Expenditure	21 596 000	18 366 000	14 491 000	12 873 000
Operating Profit	3 519 000	2 106 000	948 000	1 390 000
Financial Income	44 000	40 000	38 000	41 000
Financial Costs	88 000	83 000	74 000	34 000
Financial Balance	−44 000	−43 000	−36 000	7 000
Earnings Before Tax	3 476 000	2 063 000	912 000	1 397 000
Tax	779 000	503 000	200 000	249 000
Net Income	2 697 000	1 560 000	712 000	1 148 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 755 000	7 211 000	7 503 000	4 424 000
Total Current Assets	7 640 000	7 083 000	5 316 000	4 560 000
Total Assets	14 396 000	14 294 000	12 820 000	8 984 000
Total Retained Equity	5 690 000	4 393 000	3 633 000	3 421 000
Total Equity	7 440 000	6 143 000	5 383 000	5 171 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 956 000	8 151 000	7 436 000	3 813 000
Total Equity and Debt	14 396 000	14 294 000	12 820 000	8 984 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 836 000	20 472 000	15 440 000	13 808 000
Other Income	280 000	0	0	456 000
Revenue	25 116 000	20 472 000	15 440 000	14 264 000
Cost of Goods Sold	8 576 000	6 158 000	5 006 000	3 128 000
Salary Costs	9 063 000	8 770 000	6 355 000	6 755 000
Depreciation	899 000	865 000	639 000	600 000
Impairment	0	0	0	0
Expenditure	21 596 000	18 366 000	14 491 000	12 873 000
Operating Profit	3 519 000	2 106 000	948 000	1 390 000
Financial Income	44 000	40 000	38 000	41 000
Financial Costs	88 000	83 000	74 000	34 000
Financial Balance	−44 000	−43 000	−36 000	7 000
Dividends	1 400 000	800 000	500 000	500 000
Net Income	2 697 000	1 560 000	712 000	1 148 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 480 000	5 665 000	5 964 000	2 904 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 061 000	1 332 000	1 325 000	1 306 000
Total Tangible Assets	6 541 000	6 996 000	7 288 000	4 210 000
Total Fiancial Fixed Assets	215 000	215 000	215 000	215 000
Total Fixed Assets	6 755 000	7 211 000	7 503 000	4 424 000
Stock	1 735 000	1 115 000	1 027 000	837 000
Total Investments	0	0	0	0
Cash, Bank	408 000	400 000	300 000	268 000
Total Current Assets	7 640 000	7 083 000	5 316 000	4 560 000
Total Assets	14 396 000	14 294 000	12 820 000	8 984 000
Total Equity	7 440 000	6 143 000	5 383 000	5 171 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 167 000	968 000	647 000	619 000
Unpaid Taxes	1 325 000	1 530 000	1 044 000	268 000
Dividends	1 400 000	800 000	500 000	500 000
Other Current Debt	1 564 000	1 857 000	1 392 000	2 028 000
Total Current Debt	6 956 000	8 151 000	7 436 000	3 813 000
Total Equity and Debt	14 396 000	14 294 000	12 820 000	8 984 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,25 %	25,39 %	13,23 %	22,2 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	14,01 %	10,29 %	6,14 %	9,74 %
Current Ratio	1,1	0,87	0,71	1,2
Quick Ratio	1,46	1,01	0,83	1,53
Equity Ratio	0,52	0,43	0,42	0,58
Gross Profit Margin	65,85 %	69,92 %	67,58 %	78,07 %