EL - WATCH AS

6657 RINDAL

Finances

Share Ownership

Return on Equity

−23,63 %

Current Ratio

3,4

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 649 000	14 801 000	10 664 000	15 061 000
Net Income	−4 735 000	−642 000	−2 395 000	−2 895 000
Total Assets	40 203 000	29 728 000	17 762 000	18 889 000
Total Equity	20 035 000	12 569 000	−663 000	−3 727 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 649 000	14 801 000	10 664 000	15 061 000
Expenditure	25 858 000	14 737 000	12 508 000	18 049 000
Operating Profit	−5 209 000	64 000	−1 843 000	−2 988 000
Financial Income	130 000	67 000	34 000	17 000
Financial Costs	987 000	943 000	1 258 000	732 000
Financial Balance	−857 000	−876 000	−1 224 000	−715 000
Earnings Before Tax	−6 066 000	−812 000	−3 068 000	−3 703 000
Tax	−1 331 000	−171 000	−673 000	−808 000
Net Income	−4 735 000	−642 000	−2 395 000	−2 895 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 927 000	12 580 000	10 347 000	7 151 000
Total Current Assets	21 276 000	17 148 000	7 416 000	11 739 000
Total Assets	40 203 000	29 728 000	17 762 000	18 889 000
Total Retained Equity	−15 525 000	−10 790 000	−10 149 000	−7 754 000
Total Equity	20 035 000	12 569 000	−663 000	−3 727 000
Total Long-Term Debt	13 907 000	15 337 000	16 011 000	13 572 000
Total Current Debt	6 262 000	1 822 000	2 415 000	9 044 000
Total Equity and Debt	40 203 000	29 728 000	17 762 000	18 889 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 499 000	14 451 000	10 422 000	15 079 000
Other Income	3 150 000	350 000	242 000	−17 000
Revenue	20 649 000	14 801 000	10 664 000	15 061 000
Cost of Goods Sold	6 815 000	4 206 000	1 971 000	8 562 000
Salary Costs	12 037 000	7 098 000	6 619 000	5 440 000
Depreciation	1 607 000	1 073 000	647 000	276 000
Impairment	0	0	0	0
Expenditure	25 858 000	14 737 000	12 508 000	18 049 000
Operating Profit	−5 209 000	64 000	−1 843 000	−2 988 000
Financial Income	130 000	67 000	34 000	17 000
Financial Costs	987 000	943 000	1 258 000	732 000
Financial Balance	−857 000	−876 000	−1 224 000	−715 000
Dividends	0	0	0	0
Net Income	−4 735 000	−642 000	−2 395 000	−2 895 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	18 119 000	12 181 000	9 989 000	6 715 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	163 000	23 000	41 000	39 000
Fixtures	646 000	375 000	299 000	396 000
Total Tangible Assets	808 000	399 000	357 000	435 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 927 000	12 580 000	10 347 000	7 151 000
Stock	9 129 000	3 797 000	3 521 000	3 605 000
Total Investments	0	0	0	0
Cash, Bank	6 694 000	8 453 000	332 000	−1 610 000
Total Current Assets	21 276 000	17 148 000	7 416 000	11 739 000
Total Assets	40 203 000	29 728 000	17 762 000	18 889 000
Total Equity	20 035 000	12 569 000	−663 000	−3 727 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 907 000	15 337 000	16 011 000	13 572 000
Creditors	3 494 000	711 000	651 000	5 472 000
Unpaid Taxes	226 000	768 000	631 000	581 000
Dividends	0	0	0	0
Other Current Debt	1 909 000	1 069 000	1 090 000	2 991 000
Total Current Debt	6 262 000	1 822 000	2 415 000	9 044 000
Total Equity and Debt	40 203 000	29 728 000	17 762 000	18 889 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,63 %	−5,11 %	361,24 %	77,68 %
Debt-to-Equity Ratio	0,69	1,22	−24,15	−3,64
Operating Profit Margin	−25,23 %	0,43 %	−17,28 %	−19,84 %
Current Ratio	3,4	9,41	3,07	1,3
Quick Ratio	−7,42	−8,68	−6,71	2,16
Equity Ratio	0,5	0,42	−0,04	−0,2
Gross Profit Margin	67 %	71,58 %	81,52 %	43,15 %