ELEKTRONORD AS

9990 BÅTSFJORD

Finances

Share Ownership

Return on Equity

13,01 %

Current Ratio

6,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 872 000	8 437 000	10 411 000	10 512 000
Net Income	1 116 000	947 000	1 708 000	2 040 000
Total Assets	10 137 000	9 477 000	10 079 000	9 348 000
Total Equity	8 576 000	7 460 000	7 013 000	6 305 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 872 000	8 437 000	10 411 000	10 512 000
Expenditure	5 438 000	7 205 000	8 218 000	7 897 000
Operating Profit	1 435 000	1 232 000	2 193 000	2 614 000
Financial Income	4 000	−4 000	11 000	13 000
Financial Costs	9 000	10 000	14 000	11 000
Financial Balance	−5 000	−14 000	−3 000	2 000
Earnings Before Tax	1 431 000	1 218 000	2 191 000	2 616 000
Tax	315 000	271 000	483 000	576 000
Net Income	1 116 000	947 000	1 708 000	2 040 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	674 000	305 000	371 000	441 000
Total Current Assets	9 463 000	9 172 000	9 709 000	8 906 000
Total Assets	10 137 000	9 477 000	10 079 000	9 348 000
Total Retained Equity	8 526 000	7 410 000	6 963 000	6 255 000
Total Equity	8 576 000	7 460 000	7 013 000	6 305 000
Total Long-Term Debt	42 000	24 000	28 000	0
Total Current Debt	1 519 000	1 993 000	3 038 000	3 042 000
Total Equity and Debt	10 137 000	9 477 000	10 079 000	9 348 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 837 000	8 437 000	10 411 000	10 507 000
Other Income	35 000	0	0	5 000
Revenue	6 872 000	8 437 000	10 411 000	10 512 000
Cost of Goods Sold	1 339 000	2 464 000	3 107 000	2 640 000
Salary Costs	3 049 000	3 667 000	4 281 000	4 035 000
Depreciation	81 000	66 000	68 000	96 000
Impairment	0	0	0	0
Expenditure	5 438 000	7 205 000	8 218 000	7 897 000
Operating Profit	1 435 000	1 232 000	2 193 000	2 614 000
Financial Income	4 000	−4 000	11 000	13 000
Financial Costs	9 000	10 000	14 000	11 000
Financial Balance	−5 000	−14 000	−3 000	2 000
Dividends	0	500 000	1 000 000	1 200 000
Net Income	1 116 000	947 000	1 708 000	2 040 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	3 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	674 000	305 000	371 000	438 000
Total Tangible Assets	674 000	305 000	371 000	438 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	674 000	305 000	371 000	441 000
Stock	1 947 000	1 677 000	2 311 000	2 661 000
Total Investments	0	0	0	0
Cash, Bank	6 275 000	6 415 000	5 419 000	4 590 000
Total Current Assets	9 463 000	9 172 000	9 709 000	8 906 000
Total Assets	10 137 000	9 477 000	10 079 000	9 348 000
Total Equity	8 576 000	7 460 000	7 013 000	6 305 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 000	24 000	28 000	0
Creditors	227 000	270 000	261 000	292 000
Unpaid Taxes	664 000	562 000	880 000	649 000
Dividends	0	500 000	1 000 000	1 200 000
Other Current Debt	330 000	386 000	445 000	421 000
Total Current Debt	1 519 000	1 993 000	3 038 000	3 042 000
Total Equity and Debt	10 137 000	9 477 000	10 079 000	9 348 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,01 %	12,69 %	24,35 %	32,36 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,88 %	14,6 %	21,06 %	24,87 %
Current Ratio	6,23	4,6	3,2	2,93
Quick Ratio	−22,11	29,03	13,35	23,38
Equity Ratio	0,85	0,79	0,7	0,67
Gross Profit Margin	80,52 %	70,8 %	70,16 %	74,89 %