ELECTRONOVA AS

1337 SANDVIKA

Finances

Return on Equity

75,31 %

Current Ratio

1,27

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 393 000	37 369 000	44 344 000	46 325 000
Net Income	5 814 000	7 003 000	7 753 000	8 502 000
Total Assets	22 980 000	26 320 000	28 807 000	30 833 000
Total Equity	7 720 000	7 605 000	7 867 000	7 648 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 393 000	37 369 000	44 344 000	46 325 000
Expenditure	25 125 000	28 404 000	34 142 000	35 236 000
Operating Profit	7 142 000	8 798 000	9 764 000	10 564 000
Financial Income	0	0	0	0
Financial Costs	−260 000	−156 000	−146 000	−286 000
Financial Balance	260 000	156 000	146 000	286 000
Earnings Before Tax	7 402 000	8 954 000	9 910 000	10 850 000
Tax	1 588 000	1 951 000	2 158 000	2 348 000
Net Income	5 814 000	7 003 000	7 753 000	8 502 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 037 000	5 826 000	5 913 000	6 390 000
Total Current Assets	18 943 000	20 494 000	22 894 000	24 444 000
Total Assets	22 980 000	26 320 000	28 807 000	30 833 000
Total Retained Equity	7 272 000	7 045 000	7 290 000	7 054 000
Total Equity	7 720 000	7 605 000	7 867 000	7 648 000
Total Long-Term Debt	310 000	1 000	11 000	32 000
Total Current Debt	14 950 000	18 715 000	20 930 000	23 153 000
Total Equity and Debt	22 980 000	26 320 000	28 807 000	30 833 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	32 331 000	37 290 000	44 296 000	46 286 000
Other Income	61 000	80 000	48 000	38 000
Revenue	32 393 000	37 369 000	44 344 000	46 325 000
Cost of Goods Sold	300 000	484 000	5 443 000	5 111 000
Salary Costs	20 963 000	23 124 000	24 284 000	25 247 000
Depreciation	325 000	424 000	492 000	540 000
Impairment	0	0	0	0
Expenditure	25 125 000	28 404 000	34 142 000	35 236 000
Operating Profit	7 142 000	8 798 000	9 764 000	10 564 000
Financial Income	0	0	0	0
Financial Costs	−260 000	−156 000	−146 000	−286 000
Financial Balance	260 000	156 000	146 000	286 000
Dividends	5 814 000	7 003 000	7 550 000	7 900 000
Net Income	5 814 000	7 003 000	7 753 000	8 502 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 140 000	4 901 000	5 001 000	4 996 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	466 000	613 000	728 000	1 117 000
Total Tangible Assets	3 607 000	5 515 000	5 729 000	6 113 000
Total Fiancial Fixed Assets	430 000	311 000	184 000	277 000
Total Fixed Assets	4 037 000	5 826 000	5 913 000	6 390 000
Stock	0	0	0	0
Total Investments	369 000	990 000	990 000	990 000
Cash, Bank	12 080 000	12 682 000	12 635 000	12 535 000
Total Current Assets	18 943 000	20 494 000	22 894 000	24 444 000
Total Assets	22 980 000	26 320 000	28 807 000	30 833 000
Total Equity	7 720 000	7 605 000	7 867 000	7 648 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	310 000	1 000	11 000	32 000
Creditors	95 000	192 000	954 000	2 311 000
Unpaid Taxes	2 352 000	3 009 000	2 895 000	2 755 000
Dividends	5 814 000	7 003 000	7 550 000	7 900 000
Other Current Debt	5 410 000	6 550 000	7 352 000	7 861 000
Total Current Debt	14 950 000	18 715 000	20 930 000	23 153 000
Total Equity and Debt	22 980 000	26 320 000	28 807 000	30 833 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,31 %	92,08 %	98,55 %	111,17 %
Debt-to-Equity Ratio	0,04	0	0	0
Operating Profit Margin	22,05 %	23,54 %	22,02 %	22,8 %
Current Ratio	1,27	1,1	1,09	1,06
Quick Ratio	1,27	1,1	1,09	1,06
Equity Ratio	0,34	0,29	0,27	0,25
Gross Profit Margin	99,07 %	98,7 %	87,73 %	88,97 %