ELECTRO DRIVES AS

1814 ASKIM

Finances

Share Ownership

Return on Equity

37,4 %

Current Ratio

2,72

Debt-to-Equity Ratio

0,44

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 022 000	23 517 000	17 541 000	21 196 000
Net Income	1 620 000	1 203 000	−729 000	−417 000
Total Assets	8 771 000	10 736 000	7 710 000	8 647 000
Total Equity	4 332 000	2 712 000	1 540 000	2 269 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 022 000	23 517 000	17 541 000	21 196 000
Expenditure	26 395 000	21 203 000	16 719 000	19 481 000
Operating Profit	2 256 000	1 713 000	−669 000	−198 000
Financial Income	70 000	96 000	65 000	265 000
Financial Costs	247 000	267 000	330 000	598 000
Financial Balance	−177 000	−171 000	−265 000	−333 000
Earnings Before Tax	2 079 000	1 542 000	−934 000	−531 000
Tax	459 000	340 000	−205 000	−115 000
Net Income	1 620 000	1 203 000	−729 000	−417 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 881 000	1 672 000	1 939 000	2 079 000
Total Current Assets	6 890 000	9 064 000	5 772 000	6 568 000
Total Assets	8 771 000	10 736 000	7 710 000	8 647 000
Total Retained Equity	4 182 000	2 562 000	1 390 000	2 119 000
Total Equity	4 332 000	2 712 000	1 540 000	2 269 000
Total Long-Term Debt	1 909 000	2 765 000	2 566 000	2 171 000
Total Current Debt	2 530 000	5 259 000	3 604 000	4 207 000
Total Equity and Debt	8 771 000	10 736 000	7 710 000	8 647 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 022 000	23 517 000	17 541 000	21 182 000
Other Income	0	0	0	14 000
Revenue	29 022 000	23 517 000	17 541 000	21 196 000
Cost of Goods Sold	18 351 000	14 111 000	9 842 000	11 413 000
Salary Costs	6 238 000	5 731 000	5 232 000	5 235 000
Depreciation	146 000	137 000	224 000	211 000
Impairment	0	0	0	0
Expenditure	26 395 000	21 203 000	16 719 000	19 481 000
Operating Profit	2 256 000	1 713 000	−669 000	−198 000
Financial Income	70 000	96 000	65 000	265 000
Financial Costs	247 000	267 000	330 000	598 000
Financial Balance	−177 000	−171 000	−265 000	−333 000
Dividends	0	31 000	0	0
Net Income	1 620 000	1 203 000	−729 000	−417 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	74 000	82 000	211 000	192 000
Real Eastate	1 517 000	1 321 000	1 349 000	1 429 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	248 000	228 000	337 000	416 000
Total Tangible Assets	1 765 000	1 549 000	1 686 000	1 845 000
Total Fiancial Fixed Assets	42 000	42 000	42 000	42 000
Total Fixed Assets	1 881 000	1 672 000	1 939 000	2 079 000
Stock	4 719 000	4 295 000	3 719 000	3 924 000
Total Investments	0	0	0	0
Cash, Bank	413 000	377 000	202 000	231 000
Total Current Assets	6 890 000	9 064 000	5 772 000	6 568 000
Total Assets	8 771 000	10 736 000	7 710 000	8 647 000
Total Equity	4 332 000	2 712 000	1 540 000	2 269 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 909 000	2 765 000	2 566 000	2 171 000
Creditors	449 000	2 091 000	2 252 000	2 685 000
Unpaid Taxes	1 000 000	1 477 000	795 000	1 002 000
Dividends	0	31 000	0	0
Other Current Debt	630 000	1 481 000	557 000	520 000
Total Current Debt	2 530 000	5 259 000	3 604 000	4 207 000
Total Equity and Debt	8 771 000	10 736 000	7 710 000	8 647 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,4 %	44,36 %	−47,34 %	−18,38 %
Debt-to-Equity Ratio	0,44	1,02	1,67	0,96
Operating Profit Margin	7,77 %	7,28 %	−3,81 %	−0,93 %
Current Ratio	2,72	1,72	1,6	1,56
Quick Ratio	−3,15	9,4	−50,19	23,21
Equity Ratio	0,49	0,25	0,2	0,26
Gross Profit Margin	36,77 %	40 %	43,89 %	46,15 %