ELEKTRO-DESIGN AS

5217 HAGAVIK

Finances

Share Ownership

Return on Equity

20,75 %

Current Ratio

0,65

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 395 000	1 707 000	2 328 000	1 728 000
Net Income	−50 000	−576 000	170 000	−33 000
Total Assets	450 000	377 000	744 000	526 000
Total Equity	−241 000	−191 000	386 000	216 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 395 000	1 707 000	2 328 000	1 728 000
Expenditure	2 440 000	2 237 000	2 109 000	1 765 000
Operating Profit	−46 000	−530 000	220 000	−37 000
Financial Income	0	0	0	0
Financial Costs	5 000	1 000	2 000	6 000
Financial Balance	−5 000	−1 000	−2 000	−6 000
Earnings Before Tax	−50 000	−532 000	218 000	−43 000
Tax	0	45 000	48 000	−9 000
Net Income	−50 000	−576 000	170 000	−33 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	45 000	93 000
Total Current Assets	450 000	377 000	699 000	433 000
Total Assets	450 000	377 000	744 000	526 000
Total Retained Equity	−313 000	−263 000	314 000	144 000
Total Equity	−241 000	−191 000	386 000	216 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	692 000	568 000	359 000	310 000
Total Equity and Debt	450 000	377 000	744 000	526 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 395 000	1 707 000	2 328 000	1 728 000
Other Income	0	0	0	0
Revenue	2 395 000	1 707 000	2 328 000	1 728 000
Cost of Goods Sold	1 210 000	918 000	931 000	652 000
Salary Costs	852 000	991 000	768 000	869 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 440 000	2 237 000	2 109 000	1 765 000
Operating Profit	−46 000	−530 000	220 000	−37 000
Financial Income	0	0	0	0
Financial Costs	5 000	1 000	2 000	6 000
Financial Balance	−5 000	−1 000	−2 000	−6 000
Dividends	0	0	0	0
Net Income	−50 000	−576 000	170 000	−33 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	45 000	93 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	45 000	93 000
Stock	28 000	62 000	65 000	69 000
Total Investments	0	0	0	0
Cash, Bank	159 000	136 000	179 000	183 000
Total Current Assets	450 000	377 000	699 000	433 000
Total Assets	450 000	377 000	744 000	526 000
Total Equity	−241 000	−191 000	386 000	216 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	379 000	256 000	89 000	90 000
Unpaid Taxes	244 000	225 000	199 000	152 000
Dividends	0	0	0	0
Other Current Debt	69 000	88 000	70 000	68 000
Total Current Debt	692 000	568 000	359 000	310 000
Total Equity and Debt	450 000	377 000	744 000	526 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,75 %	301,57 %	44,04 %	−15,28 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−1,92 %	−31,05 %	9,45 %	−2,14 %
Current Ratio	0,65	0,66	1,95	1,4
Quick Ratio	0,68	0,75	2,38	1,8
Equity Ratio	−0,54	−0,51	0,52	0,41
Gross Profit Margin	49,48 %	46,22 %	60,01 %	62,27 %