ELTEK HOLDING AS

0255 OSLO

Finances

Return on Equity

−14,12 %

Current Ratio

1,91

Debt-to-Equity Ratio

0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 140 094 000	633 056 000	460 229 000	476 071 000
Net Income	−71 777 000	−82 508 000	−54 241 000	−27 421 000
Total Assets	1 106 108 000	974 839 000	836 878 000	838 664 000
Total Equity	508 223 000	601 171 000	676 173 000	722 316 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 140 094 000	633 056 000	460 229 000	476 071 000
Expenditure	1 259 661 000	712 519 000	516 951 000	510 439 000
Operating Profit	−119 567 000	−79 463 000	−56 722 000	−34 368 000
Financial Income	130 101 000	47 415 000	39 780 000	27 057 000
Financial Costs	82 311 000	45 639 000	36 667 000	18 958 000
Financial Balance	47 790 000	1 776 000	3 113 000	8 099 000
Earnings Before Tax	−71 777 000	−77 687 000	−53 609 000	−26 269 000
Tax	0	4 821 000	632 000	1 152 000
Net Income	−71 777 000	−82 508 000	−54 241 000	−27 421 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	403 374 000	313 589 000	277 527 000	240 871 000
Total Current Assets	702 734 000	661 250 000	559 351 000	597 793 000
Total Assets	1 106 108 000	974 839 000	836 878 000	838 664 000
Total Retained Equity	507 223 000	600 171 000	675 173 000	721 316 000
Total Equity	508 223 000	601 171 000	676 173 000	722 316 000
Total Long-Term Debt	229 175 000	127 879 000	28 501 000	23 006 000
Total Current Debt	368 710 000	245 789 000	132 204 000	93 342 000
Total Equity and Debt	1 106 108 000	974 839 000	836 878 000	838 664 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 140 094 000	633 056 000	460 229 000	476 071 000
Other Income	0	0	0	0
Revenue	1 140 094 000	633 056 000	460 229 000	476 071 000
Cost of Goods Sold	783 758 000	442 891 000	324 308 000	383 616 000
Salary Costs	147 695 000	100 473 000	74 326 000	54 968 000
Depreciation	77 847 000	37 052 000	24 160 000	4 590 000
Impairment	978 000	0	0	0
Expenditure	1 259 661 000	712 519 000	516 951 000	510 439 000
Operating Profit	−119 567 000	−79 463 000	−56 722 000	−34 368 000
Financial Income	130 101 000	47 415 000	39 780 000	27 057 000
Financial Costs	82 311 000	45 639 000	36 667 000	18 958 000
Financial Balance	47 790 000	1 776 000	3 113 000	8 099 000
Dividends	0	0	0	0
Net Income	−71 777 000	−82 508 000	−54 241 000	−27 421 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	104 386 000	89 587 000	71 012 000	88 899 000
Total Intangible Assets	284 673 000	197 169 000	106 755 000	97 543 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	41 764 000	0	0	0
Fixtures	0	36 563 000	48 991 000	49 534 000
Total Tangible Assets	41 764 000	36 563 000	48 991 000	49 534 000
Total Fiancial Fixed Assets	76 937 000	79 857 000	121 781 000	93 794 000
Total Fixed Assets	403 374 000	313 589 000	277 527 000	240 871 000
Stock	228 932 000	121 034 000	57 571 000	69 393 000
Total Investments	71 332 000	84 933 000	147 094 000	130 442 000
Cash, Bank	151 742 000	203 221 000	211 018 000	258 878 000
Total Current Assets	702 734 000	661 250 000	559 351 000	597 793 000
Total Assets	1 106 108 000	974 839 000	836 878 000	838 664 000
Total Equity	508 223 000	601 171 000	676 173 000	722 316 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	229 175 000	127 879 000	28 501 000	23 006 000
Creditors	174 480 000	104 809 000	92 340 000	42 126 000
Unpaid Taxes	41 847 000	23 122 000	16 822 000	15 883 000
Dividends	0	0	0	0
Other Current Debt	101 095 000	114 066 000	22 242 000	34 561 000
Total Current Debt	368 710 000	245 789 000	132 204 000	93 342 000
Total Equity and Debt	1 106 108 000	974 839 000	836 878 000	838 664 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,12 %	−13,72 %	−8,02 %	−3,8 %
Debt-to-Equity Ratio	0,45	0,21	0,04	0,03
Operating Profit Margin	−10,49 %	−12,55 %	−12,32 %	−7,22 %
Current Ratio	1,91	2,69	4,23	6,4
Quick Ratio	5,03	5,3	7,49	24,96
Equity Ratio	0,46	0,62	0,81	0,86
Gross Profit Margin	31,25 %	30,04 %	29,53 %	19,42 %