LOS ØLVE ELEKTRO AS

5637 ØLVE

Finances

Return on Equity

81,82 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 127 000	19 376 000	17 696 000	13 485 000
Net Income	3 739 000	3 481 000	3 230 000	1 718 000
Total Assets	13 084 000	10 225 000	9 995 000	6 897 000
Total Equity	4 570 000	3 831 000	2 470 000	2 240 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 127 000	19 376 000	17 696 000	13 485 000
Expenditure	17 111 000	15 372 000	13 985 000	11 448 000
Operating Profit	4 016 000	4 004 000	3 711 000	2 037 000
Financial Income	625 000	365 000	342 000	136 000
Financial Costs	0	0	0	0
Financial Balance	625 000	365 000	342 000	136 000
Earnings Before Tax	4 640 000	4 369 000	4 053 000	2 173 000
Tax	901 000	888 000	823 000	455 000
Net Income	3 739 000	3 481 000	3 230 000	1 718 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 183 000	1 748 000	1 487 000	1 288 000
Total Current Assets	9 901 000	8 477 000	8 508 000	5 609 000
Total Assets	13 084 000	10 225 000	9 995 000	6 897 000
Total Retained Equity	3 720 000	2 981 000	1 620 000	1 390 000
Total Equity	4 570 000	3 831 000	2 470 000	2 240 000
Total Long-Term Debt	81 000	22 000	287 000	516 000
Total Current Debt	8 432 000	6 372 000	7 238 000	4 141 000
Total Equity and Debt	13 084 000	10 225 000	9 995 000	6 897 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 127 000	19 376 000	17 579 000	13 365 000
Other Income	0	0	117 000	120 000
Revenue	21 127 000	19 376 000	17 696 000	13 485 000
Cost of Goods Sold	6 997 000	6 377 000	5 117 000	4 439 000
Salary Costs	8 016 000	7 257 000	7 209 000	5 706 000
Depreciation	255 000	220 000	222 000	171 000
Impairment	0	0	0	0
Expenditure	17 111 000	15 372 000	13 985 000	11 448 000
Operating Profit	4 016 000	4 004 000	3 711 000	2 037 000
Financial Income	625 000	365 000	342 000	136 000
Financial Costs	0	0	0	0
Financial Balance	625 000	365 000	342 000	136 000
Dividends	3 000 000	2 120 000	3 000 000	1 030 000
Net Income	3 739 000	3 481 000	3 230 000	1 718 000

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	0	0	0	0
Fixtures	2 023 000	608 000	697 000	498 000
Total Tangible Assets	2 023 000	608 000	697 000	498 000
Total Fiancial Fixed Assets	1 160 000	1 140 000	790 000	790 000
Total Fixed Assets	3 183 000	1 748 000	1 487 000	1 288 000
Stock	918 000	341 000	320 000	436 000
Total Investments	0	0	0	0
Cash, Bank	4 721 000	5 744 000	6 105 000	2 922 000
Total Current Assets	9 901 000	8 477 000	8 508 000	5 609 000
Total Assets	13 084 000	10 225 000	9 995 000	6 897 000
Total Equity	4 570 000	3 831 000	2 470 000	2 240 000
Short-Term Group Debt	143 000	20 000	87 000	0
Total Long-Term Debt	81 000	22 000	287 000	516 000
Creditors	1 025 000	396 000	671 000	789 000
Unpaid Taxes	1 658 000	1 217 000	1 081 000	838 000
Dividends	3 000 000	2 120 000	3 000 000	1 030 000
Other Current Debt	1 765 000	1 719 000	1 599 000	980 000
Total Current Debt	8 432 000	6 372 000	7 238 000	4 141 000
Total Equity and Debt	13 084 000	10 225 000	9 995 000	6 897 000

Financial indicators	2022	2021	2020	2019
Return on Equity	81,82 %	90,86 %	130,77 %	76,7 %
Debt-to-Equity Ratio	0,02	0,01	0,12	0,23
Operating Profit Margin	19,01 %	20,66 %	20,97 %	15,11 %
Current Ratio	1,17	1,33	1,18	1,35
Quick Ratio	1,32	1,41	1,23	1,51
Equity Ratio	0,35	0,37	0,25	0,32
Gross Profit Margin	66,88 %	67,09 %	71,08 %	67,08 %