TØNSBERG ELEKTRISKE AS

3117 TØNSBERG

Finances

Return on Equity

14,23 %

Current Ratio

1,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 260 000	11 524 000	12 856 000	11 806 000
Net Income	306 000	361 000	1 035 000	351 000
Total Assets	4 270 000	4 428 000	5 746 000	4 700 000
Total Equity	2 150 000	2 144 000	2 083 000	2 048 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 260 000	11 524 000	12 856 000	11 806 000
Expenditure	10 857 000	11 081 000	11 521 000	11 349 000
Operating Profit	403 000	443 000	1 336 000	458 000
Financial Income	8 000	22 000	9 000	10 000
Financial Costs	8 000	9 000	9 000	15 000
Financial Balance	0	13 000	0	−5 000
Earnings Before Tax	403 000	457 000	1 335 000	453 000
Tax	96 000	96 000	300 000	102 000
Net Income	306 000	361 000	1 035 000	351 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	206 000	290 000	246 000	156 000
Total Current Assets	4 064 000	4 138 000	5 500 000	4 544 000
Total Assets	4 270 000	4 428 000	5 746 000	4 700 000
Total Retained Equity	2 050 000	2 044 000	1 983 000	1 948 000
Total Equity	2 150 000	2 144 000	2 083 000	2 048 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 121 000	2 284 000	3 663 000	2 652 000
Total Equity and Debt	4 270 000	4 428 000	5 746 000	4 700 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 253 000	11 524 000	12 516 000	11 615 000
Other Income	7 000	0	340 000	191 000
Revenue	11 260 000	11 524 000	12 856 000	11 806 000
Cost of Goods Sold	3 620 000	3 655 000	4 254 000	4 667 000
Salary Costs	5 035 000	5 156 000	5 103 000	4 564 000
Depreciation	84 000	92 000	66 000	109 000
Impairment	0	0	0	0
Expenditure	10 857 000	11 081 000	11 521 000	11 349 000
Operating Profit	403 000	443 000	1 336 000	458 000
Financial Income	8 000	22 000	9 000	10 000
Financial Costs	8 000	9 000	9 000	15 000
Financial Balance	0	13 000	0	−5 000
Dividends	300 000	300 000	1 000 000	400 000
Net Income	306 000	361 000	1 035 000	351 000

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	82 000	109 000	0	115 000
Fixtures	125 000	181 000	246 000	40 000
Total Tangible Assets	206 000	290 000	246 000	156 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	206 000	290 000	246 000	156 000
Stock	392 000	306 000	268 000	273 000
Total Investments	22 000	22 000	10 000	10 000
Cash, Bank	1 581 000	1 092 000	3 362 000	1 916 000
Total Current Assets	4 064 000	4 138 000	5 500 000	4 544 000
Total Assets	4 270 000	4 428 000	5 746 000	4 700 000
Total Equity	2 150 000	2 144 000	2 083 000	2 048 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	498 000	545 000	723 000	784 000
Unpaid Taxes	698 000	823 000	819 000	761 000
Dividends	300 000	300 000	1 000 000	400 000
Other Current Debt	528 000	520 000	821 000	604 000
Total Current Debt	2 121 000	2 284 000	3 663 000	2 652 000
Total Equity and Debt	4 270 000	4 428 000	5 746 000	4 700 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,23 %	16,84 %	49,69 %	17,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,58 %	3,84 %	10,39 %	3,88 %
Current Ratio	1,92	1,81	1,5	1,71
Quick Ratio	2,35	2,09	1,62	1,91
Equity Ratio	0,5	0,48	0,36	0,44
Gross Profit Margin	67,85 %	68,28 %	66,91 %	60,47 %