1-2-TRE ELEMENTPRODUKSJON AS

3178 VÅLE

Finances

Return on Equity

50,37 %

Current Ratio

2,31

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	160 187 000	127 192 000	102 341 000	84 109 000
Net Income	20 573 000	12 929 000	7 310 000	4 130 000
Total Assets	77 568 000	58 920 000	46 222 000	41 882 000
Total Equity	40 846 000	28 273 000	21 345 000	17 034 000

Income (NOK)	2022	2021	2020	2019
Revenue	160 187 000	127 192 000	102 341 000	84 109 000
Expenditure	134 014 000	119 412 000	91 912 000	80 216 000
Operating Profit	26 492 000	16 710 000	9 491 000	5 579 000
Financial Income	145 000	40 000	105 000	136 000
Financial Costs	231 000	175 000	223 000	416 000
Financial Balance	−86 000	−135 000	−118 000	−280 000
Earnings Before Tax	26 407 000	16 576 000	9 373 000	5 299 000
Tax	5 834 000	3 647 000	2 063 000	1 169 000
Net Income	20 573 000	12 929 000	7 310 000	4 130 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 189 000	5 867 000	6 600 000	7 366 000
Total Current Assets	71 378 000	53 053 000	39 622 000	34 515 000
Total Assets	77 568 000	58 920 000	46 222 000	41 882 000
Total Retained Equity	40 346 000	27 773 000	20 845 000	16 534 000
Total Equity	40 846 000	28 273 000	21 345 000	17 034 000
Total Long-Term Debt	5 763 000	6 727 000	7 705 000	8 749 000
Total Current Debt	30 958 000	23 920 000	17 173 000	16 098 000
Total Equity and Debt	77 568 000	58 920 000	46 222 000	41 882 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	160 187 000	127 192 000	102 126 000	84 026 000
Other Income	0	0	215 000	83 000
Revenue	160 187 000	127 192 000	102 341 000	84 109 000
Cost of Goods Sold	80 140 000	68 887 000	50 024 000	41 096 000
Salary Costs	40 638 000	37 119 000	30 603 000	29 180 000
Depreciation	2 195 000	2 244 000	2 076 000	2 158 000
Impairment	0	0	0	0
Expenditure	134 014 000	119 412 000	91 912 000	80 216 000
Operating Profit	26 492 000	16 710 000	9 491 000	5 579 000
Financial Income	145 000	40 000	105 000	136 000
Financial Costs	231 000	175 000	223 000	416 000
Financial Balance	−86 000	−135 000	−118 000	−280 000
Dividends	8 000 000	6 000 000	3 000 000	2 000 000
Net Income	20 573 000	12 929 000	7 310 000	4 130 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	57 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 582 000	2 581 000	3 721 000	4 862 000
Fixtures	3 551 000	3 286 000	2 879 000	2 505 000
Total Tangible Assets	5 133 000	5 867 000	6 600 000	7 366 000
Total Fiancial Fixed Assets	1 000 000	0	0	0
Total Fixed Assets	6 189 000	5 867 000	6 600 000	7 366 000
Stock	21 678 000	19 677 000	8 439 000	7 395 000
Total Investments	0	0	0	0
Cash, Bank	23 249 000	10 843 000	13 993 000	4 996 000
Total Current Assets	71 378 000	53 053 000	39 622 000	34 515 000
Total Assets	77 568 000	58 920 000	46 222 000	41 882 000
Total Equity	40 846 000	28 273 000	21 345 000	17 034 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 763 000	6 727 000	7 705 000	8 749 000
Creditors	4 896 000	4 599 000	4 532 000	3 872 000
Unpaid Taxes	8 031 000	5 514 000	3 479 000	5 326 000
Dividends	8 000 000	6 000 000	3 000 000	2 000 000
Other Current Debt	4 000 000	4 005 000	3 878 000	3 638 000
Total Current Debt	30 958 000	23 920 000	17 173 000	16 098 000
Total Equity and Debt	77 568 000	58 920 000	46 222 000	41 882 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,37 %	45,73 %	34,25 %	24,25 %
Debt-to-Equity Ratio	0,14	0,24	0,36	0,51
Operating Profit Margin	16,54 %	13,14 %	9,27 %	6,63 %
Current Ratio	2,31	2,22	2,31	2,14
Quick Ratio	7,69	12,5	4,54	3,97
Equity Ratio	0,53	0,48	0,46	0,41
Gross Profit Margin	49,97 %	45,84 %	51,12 %	51,14 %