ELEKTROTECH AS

3690 HJARTDAL

Finances

Return on Equity

5,9 %

Current Ratio

2,13

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 116 000	21 361 000	22 712 000	19 283 000
Net Income	328 000	1 284 000	1 124 000	690 000
Total Assets	11 854 000	17 346 000	13 856 000	13 600 000
Total Equity	5 557 000	7 229 000	6 445 000	5 321 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 116 000	21 361 000	22 712 000	19 283 000
Expenditure	20 586 000	19 558 000	21 095 000	18 199 000
Operating Profit	530 000	1 803 000	1 617 000	1 084 000
Financial Income	34 000	5 000	7 000	18 000
Financial Costs	116 000	151 000	173 000	208 000
Financial Balance	−82 000	−146 000	−166 000	−190 000
Earnings Before Tax	448 000	1 657 000	1 451 000	895 000
Tax	120 000	373 000	327 000	205 000
Net Income	328 000	1 284 000	1 124 000	690 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 877 000	6 728 000	4 803 000	5 400 000
Total Current Assets	8 978 000	10 618 000	9 053 000	8 200 000
Total Assets	11 854 000	17 346 000	13 856 000	13 600 000
Total Retained Equity	328 000	79 000	6 295 000	5 171 000
Total Equity	5 557 000	7 229 000	6 445 000	5 321 000
Total Long-Term Debt	2 085 000	3 817 000	3 465 000	4 582 000
Total Current Debt	4 212 000	6 300 000	3 945 000	3 697 000
Total Equity and Debt	11 854 000	17 346 000	13 856 000	13 600 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 116 000	20 098 000	22 447 000	19 283 000
Other Income	0	1 263 000	265 000	0
Revenue	21 116 000	21 361 000	22 712 000	19 283 000
Cost of Goods Sold	8 850 000	7 150 000	9 902 000	6 847 000
Salary Costs	8 435 000	8 784 000	8 215 000	8 248 000
Depreciation	924 000	953 000	893 000	786 000
Impairment	0	0	0	0
Expenditure	20 586 000	19 558 000	21 095 000	18 199 000
Operating Profit	530 000	1 803 000	1 617 000	1 084 000
Financial Income	34 000	5 000	7 000	18 000
Financial Costs	116 000	151 000	173 000	208 000
Financial Balance	−82 000	−146 000	−166 000	−190 000
Dividends	0	0	0	0
Net Income	328 000	1 284 000	1 124 000	690 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 612 000	3 418 000	1 398 000	2 055 000
Fixtures	238 000	137 000	231 000	254 000
Total Tangible Assets	2 850 000	3 555 000	1 630 000	2 309 000
Total Fiancial Fixed Assets	27 000	3 173 000	3 173 000	3 091 000
Total Fixed Assets	2 877 000	6 728 000	4 803 000	5 400 000
Stock	1 667 000	1 366 000	1 063 000	1 152 000
Total Investments	0	0	0	0
Cash, Bank	1 752 000	4 393 000	2 905 000	2 290 000
Total Current Assets	8 978 000	10 618 000	9 053 000	8 200 000
Total Assets	11 854 000	17 346 000	13 856 000	13 600 000
Total Equity	5 557 000	7 229 000	6 445 000	5 321 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 085 000	3 817 000	3 465 000	4 582 000
Creditors	1 404 000	1 035 000	1 004 000	904 000
Unpaid Taxes	1 708 000	1 500 000	1 445 000	1 634 000
Dividends	0	0	0	0
Other Current Debt	913 000	3 593 000	1 142 000	871 000
Total Current Debt	4 212 000	6 300 000	3 945 000	3 697 000
Total Equity and Debt	11 854 000	17 346 000	13 856 000	13 600 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,9 %	17,76 %	17,44 %	12,97 %
Debt-to-Equity Ratio	0,38	0,53	0,54	0,86
Operating Profit Margin	2,51 %	8,44 %	7,12 %	5,62 %
Current Ratio	2,13	1,69	2,29	2,22
Quick Ratio	3,53	2,15	3,14	3,22
Equity Ratio	0,47	0,42	0,47	0,39
Gross Profit Margin	58,09 %	66,53 %	56,4 %	64,49 %