NES BILELEKTRO AS

2150 ÅRNES

Finances

Share Ownership

Return on Equity

39,69 %

Current Ratio

1,89

Debt-to-Equity Ratio

0,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 166 000	6 688 000	5 467 000	5 107 000
Net Income	462 000	414 000	184 000	152 000
Total Assets	2 721 000	2 194 000	1 627 000	1 495 000
Total Equity	1 164 000	702 000	289 000	104 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 166 000	6 688 000	5 467 000	5 107 000
Expenditure	6 507 000	6 072 000	5 158 000	4 827 000
Operating Profit	660 000	617 000	309 000	281 000
Financial Income	6 000	2 000	0	0
Financial Costs	73 000	87 000	72 000	79 000
Financial Balance	−67 000	−85 000	−72 000	−79 000
Earnings Before Tax	593 000	532 000	237 000	202 000
Tax	130 000	118 000	53 000	50 000
Net Income	462 000	414 000	184 000	152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	713 000	686 000	815 000	920 000
Total Current Assets	2 008 000	1 508 000	812 000	575 000
Total Assets	2 721 000	2 194 000	1 627 000	1 495 000
Total Retained Equity	1 064 000	602 000	189 000	4 000
Total Equity	1 164 000	702 000	289 000	104 000
Total Long-Term Debt	496 000	587 000	679 000	770 000
Total Current Debt	1 061 000	904 000	660 000	621 000
Total Equity and Debt	2 721 000	2 194 000	1 627 000	1 495 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 153 000	6 678 000	5 450 000	5 098 000
Other Income	14 000	10 000	18 000	9 000
Revenue	7 166 000	6 688 000	5 467 000	5 107 000
Cost of Goods Sold	2 220 000	2 130 000	1 686 000	1 540 000
Salary Costs	2 763 000	2 475 000	2 151 000	1 937 000
Depreciation	149 000	131 000	123 000	120 000
Impairment	0	0	0	0
Expenditure	6 507 000	6 072 000	5 158 000	4 827 000
Operating Profit	660 000	617 000	309 000	281 000
Financial Income	6 000	2 000	0	0
Financial Costs	73 000	87 000	72 000	79 000
Financial Balance	−67 000	−85 000	−72 000	−79 000
Dividends	0	0	0	0
Net Income	462 000	414 000	184 000	152 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	21 000	11 000	9 000	55 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	692 000	674 000	805 000	865 000
Total Tangible Assets	692 000	674 000	805 000	865 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	713 000	686 000	815 000	920 000
Stock	381 000	243 000	227 000	223 000
Total Investments	2 000	2 000	2 000	2 000
Cash, Bank	1 510 000	1 118 000	412 000	102 000
Total Current Assets	2 008 000	1 508 000	812 000	575 000
Total Assets	2 721 000	2 194 000	1 627 000	1 495 000
Total Equity	1 164 000	702 000	289 000	104 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	496 000	587 000	679 000	770 000
Creditors	283 000	280 000	170 000	137 000
Unpaid Taxes	315 000	225 000	254 000	214 000
Dividends	0	0	0	0
Other Current Debt	322 000	279 000	229 000	242 000
Total Current Debt	1 061 000	904 000	660 000	621 000
Total Equity and Debt	2 721 000	2 194 000	1 627 000	1 495 000

Financial indicators	2022	2021	2020	2019
Return on Equity	39,69 %	58,97 %	63,67 %	146,15 %
Debt-to-Equity Ratio	0,43	0,84	2,35	7,4
Operating Profit Margin	9,21 %	9,23 %	5,65 %	5,5 %
Current Ratio	1,89	1,67	1,23	0,93
Quick Ratio	2,95	2,28	1,88	1,44
Equity Ratio	0,43	0,32	0,18	0,07
Gross Profit Margin	69,02 %	68,15 %	69,16 %	69,85 %