BERNARD MARTINSEN ELEKTRO AS

8906 BRØNNØYSUND

Finances

Return on Equity

12,88 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 254 000	9 926 000	10 472 000	10 035 000
Net Income	317 000	257 000	961 000	244 000
Total Assets	4 850 000	4 738 000	4 606 000	3 928 000
Total Equity	2 461 000	2 144 000	1 880 000	1 319 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 254 000	9 926 000	10 472 000	10 035 000
Expenditure	10 779 000	9 571 000	9 223 000	9 613 000
Operating Profit	475 000	355 000	1 249 000	421 000
Financial Income	6 000	7 000	8 000	5 000
Financial Costs	59 000	28 000	24 000	115 000
Financial Balance	−53 000	−21 000	−16 000	−110 000
Earnings Before Tax	421 000	334 000	1 233 000	312 000
Tax	105 000	77 000	272 000	67 000
Net Income	317 000	257 000	961 000	244 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 000	59 000	81 000	101 000
Total Current Assets	4 778 000	4 679 000	4 525 000	3 827 000
Total Assets	4 850 000	4 738 000	4 606 000	3 928 000
Total Retained Equity	2 394 000	2 077 000	1 813 000	1 252 000
Total Equity	2 461 000	2 144 000	1 880 000	1 319 000
Total Long-Term Debt	0	0	23 000	57 000
Total Current Debt	2 389 000	2 593 000	2 703 000	2 552 000
Total Equity and Debt	4 850 000	4 738 000	4 606 000	3 928 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 252 000	9 922 000	10 469 000	9 892 000
Other Income	2 000	4 000	3 000	143 000
Revenue	11 254 000	9 926 000	10 472 000	10 035 000
Cost of Goods Sold	2 256 000	2 181 000	2 444 000	1 712 000
Salary Costs	6 728 000	5 834 000	5 424 000	6 359 000
Depreciation	18 000	20 000	20 000	22 000
Impairment	0	0	0	0
Expenditure	10 779 000	9 571 000	9 223 000	9 613 000
Operating Profit	475 000	355 000	1 249 000	421 000
Financial Income	6 000	7 000	8 000	5 000
Financial Costs	59 000	28 000	24 000	115 000
Financial Balance	−53 000	−21 000	−16 000	−110 000
Dividends	0	0	400 000	0
Net Income	317 000	257 000	961 000	244 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	14 000	14 000	16 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	57 000	44 000	65 000	85 000
Total Tangible Assets	57 000	44 000	65 000	85 000
Total Fiancial Fixed Assets	1 000	1 000	1 000	1 000
Total Fixed Assets	72 000	59 000	81 000	101 000
Stock	1 017 000	1 059 000	965 000	1 180 000
Total Investments	28 000	84 000	0	0
Cash, Bank	1 353 000	1 741 000	564 000	437 000
Total Current Assets	4 778 000	4 679 000	4 525 000	3 827 000
Total Assets	4 850 000	4 738 000	4 606 000	3 928 000
Total Equity	2 461 000	2 144 000	1 880 000	1 319 000
Short-Term Group Debt	0	0	0	154 000
Total Long-Term Debt	0	0	23 000	57 000
Creditors	267 000	271 000	188 000	272 000
Unpaid Taxes	866 000	611 000	766 000	771 000
Dividends	0	0	400 000	0
Other Current Debt	1 152 000	1 636 000	1 077 000	1 278 000
Total Current Debt	2 389 000	2 593 000	2 703 000	2 552 000
Total Equity and Debt	4 850 000	4 738 000	4 606 000	3 928 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,88 %	11,99 %	51,12 %	18,5 %
Debt-to-Equity Ratio	0	0	0,01	0,04
Operating Profit Margin	4,22 %	3,58 %	11,93 %	4,2 %
Current Ratio	2	1,8	1,67	1,5
Quick Ratio	3,48	3,05	2,6	2,79
Equity Ratio	0,51	0,45	0,41	0,34
Gross Profit Margin	79,95 %	78,03 %	76,66 %	82,94 %