NORHEIMSUND ELEKTRO AS

5600 NORHEIMSUND

Finances

Return on Equity

14,61 %

Current Ratio

2,16

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	23 903 000	21 771 000	23 016 000	23 720 000
Net Income	899 000	124 000	1 193 000	2 455 000
Total Assets	11 525 000	9 999 000	10 862 000	10 135 000
Total Equity	6 153 000	5 854 000	6 730 000	6 037 000

Income (NOK)	2022	2021	2020	2019
Revenue	23 903 000	21 771 000	23 016 000	23 720 000
Expenditure	22 746 000	21 603 000	21 479 000	20 564 000
Operating Profit	1 156 000	168 000	1 537 000	3 156 000
Financial Income	17 000	13 000	20 000	13 000
Financial Costs	11 000	18 000	20 000	23 000
Financial Balance	6 000	−5 000	0	−10 000
Earnings Before Tax	1 162 000	163 000	1 537 000	3 147 000
Tax	262 000	40 000	344 000	691 000
Net Income	899 000	124 000	1 193 000	2 455 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	116 000	128 000	71 000	69 000
Total Current Assets	11 409 000	9 871 000	10 791 000	10 066 000
Total Assets	11 525 000	9 999 000	10 862 000	10 135 000
Total Retained Equity	6 090 000	5 791 000	6 667 000	5 974 000
Total Equity	6 153 000	5 854 000	6 730 000	6 037 000
Total Long-Term Debt	100 000	100 000	100 000	100 000
Total Current Debt	5 271 000	4 045 000	4 032 000	3 998 000
Total Equity and Debt	11 525 000	9 999 000	10 862 000	10 135 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	23 903 000	21 771 000	23 016 000	23 720 000
Other Income	0	0	0	0
Revenue	23 903 000	21 771 000	23 016 000	23 720 000
Cost of Goods Sold	9 256 000	8 164 000	8 286 000	7 846 000
Salary Costs	9 553 000	9 787 000	9 828 000	9 289 000
Depreciation	12 000	6 000	0	0
Impairment	0	0	0	0
Expenditure	22 746 000	21 603 000	21 479 000	20 564 000
Operating Profit	1 156 000	168 000	1 537 000	3 156 000
Financial Income	17 000	13 000	20 000	13 000
Financial Costs	11 000	18 000	20 000	23 000
Financial Balance	6 000	−5 000	0	−10 000
Dividends	600 000	1 000 000	500 000	500 000
Net Income	899 000	124 000	1 193 000	2 455 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	62 000	62 000	61 000	59 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	44 000	56 000	0	0
Total Tangible Assets	44 000	56 000	0	0
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	116 000	128 000	71 000	69 000
Stock	3 093 000	3 080 000	2 836 000	2 648 000
Total Investments	0	0	0	0
Cash, Bank	4 410 000	3 509 000	4 183 000	4 306 000
Total Current Assets	11 409 000	9 871 000	10 791 000	10 066 000
Total Assets	11 525 000	9 999 000	10 862 000	10 135 000
Total Equity	6 153 000	5 854 000	6 730 000	6 037 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	100 000	100 000	100 000
Creditors	2 028 000	778 000	854 000	791 000
Unpaid Taxes	1 436 000	1 267 000	1 384 000	1 143 000
Dividends	600 000	1 000 000	500 000	500 000
Other Current Debt	945 000	959 000	947 000	877 000
Total Current Debt	5 271 000	4 045 000	4 032 000	3 998 000
Total Equity and Debt	11 525 000	9 999 000	10 862 000	10 135 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,61 %	2,12 %	17,73 %	40,67 %
Debt-to-Equity Ratio	0,02	0,02	0,01	0,02
Operating Profit Margin	4,84 %	0,77 %	6,68 %	13,31 %
Current Ratio	2,16	2,44	2,68	2,52
Quick Ratio	5,24	10,23	9,02	7,46
Equity Ratio	0,53	0,59	0,62	0,6
Gross Profit Margin	61,28 %	62,5 %	64 %	66,92 %